Colt Clements, Realtor’s Post

📊 Austin Market Update: October 2024 The latest housing report reveals key trends in the Austin-Round Rock-San Marcos region: ▫️ Active Listings: Up 9.3% year-over-year, with 11,599 homes on the market. ▫️ Inventory Levels: Now at 5.1 months, reflecting a more balanced market. ▫️ Close-to-List Price Ratio: Averaging 92.7%, giving buyers negotiating power. While mortgage rates averaged 6.4% in October, they're expected to stay in the low-to-mid 6% range as we move into 2025. For buyers, this means more opportunities to find an affordable home in a high-rate environment. Sellers, however, need to adjust expectations and consider strategic pricing to attract buyers. Central Texas remains a highly desirable area, with real estate continuing to be a strong, long-term investment. Ready to make your move? Let’s talk about how to achieve your goals in today’s market! 📲 512-860-0234 📩 [email protected]

Austin Market Update: October 2024 📊 🏡 The latest housing report reveals key trends in the Austin-Round Rock-San Marcos region: ▫️ Active Listings: Up 9.3% year-over-year, with 11,599 homes on the market. ▫️ Inventory Levels: Now at 5.1 months, reflecting a more balanced market. ▫️ Close-to-List Price Ratio: Averaging 92.7%, giving buyers negotiating power. While mortgage rates averaged 6.4% in October, they're expected to stay in the low-to-mid 6% range as we move into 2025. For buyers, this means more opportunities to find an affordable home in a high-rate environment. Sellers, however, need to adjust expectations and consider strategic pricing to attract buyers. Central Texas remains a highly desirable area, with real estate continuing to be a strong, long-term investment. Ready to make your move? Let’s talk about how to achieve your goals in today’s market! 💬

📊 Austin Market Update: October 2024 The latest housing report reveals key trends in the Austin-Round Rock-San Marcos region: ▫️ Active Listings: Up 9.3% year-over-year, with 11,599 homes on the market. ▫️ Inventory Levels: Now at 5.1 months, reflecting a more balanced market. ▫️ Close-to-List Price Ratio: Averaging 92.7%, giving buyers negotiating power. While mortgage rates averaged 6.4% in October, they're expected to stay in the low-to-mid 6% range as we move into 2025. For buyers, this means more opportunities to find an affordable home in a high-rate environment. Sellers, however, need to adjust expectations and consider strategic pricing to attract buyers. Central Texas remains a highly desirable area, with real estate continuing to be a strong, long-term investment. 📩 Ready to make your move? Let’s talk about how to achieve your goals in today’s market!

📊 Austin Market Update: October 2024 The latest housing report reveals key trends in the Austin-Round Rock-San Marcos region: ▫️ Active Listings: Up 9.3% year-over-year, with 11,599 homes on the market. ▫️ Inventory Levels: Now at 5.1 months, reflecting a more balanced market. ▫️ Close-to-List Price Ratio: Averaging 92.7%, giving buyers negotiating power. While mortgage rates averaged 6.4% in October, they're expected to stay in the low-to-mid 6% range as we move into 2025. For buyers, this means more opportunities to find an affordable home in a high-rate environment. Sellers, however, need to adjust expectations and consider strategic pricing to attract buyers. Central Texas remains a highly desirable area, with real estate continuing to be a strong, long-term investment. 📩 Ready to make your move? Let’s talk about how to achieve your goals in today’s market!

San Antonio's housing market is experiencing an unusual Spring with a rising inventory and a decrease in homes entering contracts by 63.5% YoY. Mortgage rates are above 7.5%, and while home prices are only down 2.4% from last year, the number of listings with price drops is up 56.8% YoY. These statistics are concerning and highlight an unhealthy market. The good news is that these stats are available for most major MSAs and 47 States for free with Market Pulse and Market Insights using HouseCanary data. Keep an eye out for the latest market pulse, dropping in the next few days. Stay informed and make the best decisions for your real estate investments. #realestate #housingmarket #marketinsights

🚨 Charlotte Real Estate Update 🚨 The market is heating up with inventory levels soaring by over 50% compared to last year! 🔥 More homes on the market mean buyers have greater choice and stronger negotiating power 💪—sellers are now more open to concessions. 🏡 Median home prices are still climbing but at a much slower pace, currently around $420K, up by 4.2% from 2023. For those selling, get ready for more competition as homes are taking longer to sell, averaging 32 days on the market ⏳—a notable increase from last year. Looking ahead to 2025, the outlook is favorable for buyers 📈. Experts predict moderate price growth and possibly lower mortgage rates, which could boost demand even more! 📉✨ Sellers, it’s time to strategize, and buyers, the window for finding that perfect home is widening! 🔑

The housing market remains in flux as we approach the close of 2024. Inventory continues to rise year-over-year, though it still falls short of pre-pandemic levels. New home listings in August were down 0.9% compared to last year, breaking a nine-month trend of increasing activity. Despite this, the surge in multi-family housing construction is easing some pressures on supply. As mortgage rates stabilize, we may see more homeowners listing their properties, creating new opportunities for both buyers and sellers. Active inventory is up 38% compared to last year, a sign that the market is adjusting to the current economic environment. #RealEstate #HousingMarket #Inventory #MarketTrends #PropertyManagement

🏠📈 Big News in San Francisco Real Estate! Our latest blog post dives deep into the record-breaking trends in the SF housing market. 🏡✨ 🔹 Median home prices have surged to new all-time highs in May 2024, with a 10.6% increase since January! 🔹 Affordability is at a record low, making it tougher for buyers to enter the market. 🔹 Mortgage rates fell slightly to 7.03% in May, but are expected to stay between 6-8% for the rest of 2024. 🔹 Sales are down by 1.9% while inventory has risen by 9%. Get the full scoop on what this means for buyers and sellers in our detailed blog post. Don’t miss out on the latest insights and trends! 📊🏡 🔗 Read more on our blog: https://lnkd.in/dEewgCTR #SanFranciscoRealEstate #HousingMarket #HomePrices #MortgageRates #RealEstateTrends #SFRealEstate

Exploring the Housing Market Forecast Wondering what’s going on in the housing market? You're not alone! The real estate landscape can seem complex, but we’re here to break it down. While summer was slow, there’s optimism ahead. Mortgage rates could drop, opening up more opportunities for buyers and easing some affordability challenges. Predictions for 2024 are promising if inventory grows. We’ll examine how inventory and rates shape home sales and impact the housing affordability index. Stay informed and navigate your neighborhood search with confidence.