Dionisios Dionisiou’s Post

“but the housing market is going to crash” The Sydney housing market shows no signs of coming to a crash. For a short time, some people believed that the post pandemic rise in housing prices would come to crashing halt and even come down. Especially combined with the rising interest rates. For many, it seemed certain that it was a recipe for disaster. However, that simply has not been the case. As prices have continued to rise and interest rates have risen or negligibly lowered at times, there has been one metric that has prevented any semblance of a crash: - The sheer lack of homes for sale. - Or as the professionals call it: low housing inventory. SO the good news it that we are, in all likelihood, not headed toward a housing market disaster. And for sellers, it remains a strong sellers market in many areas. For buyers, my best recommendation is to not wait simply out of hope that prices will come down. Buy a home when the timing is right for you… don’t try to time this market. If you’re looking to buy or sell in Sydney, we would love to help.

Housing Market Updates Why Your House Will Shine in Today’s Market Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. So, know that if you’ve got moving on your mind, your house can really stand out. What’s Causing the Shortage? 1. Underproduction of Homes 2. Rising Costs 3. Regional Imbalances How Big Is the Problem? According to estimates from Real Estate News, the U.S. is facing a housing shortfall of roughly 3.3 million homes, based on an average of several expert insights. This shows there’s a significant number of homes that need to be...

The Santa Clarita housing market is somewhat competitive. Homes in Santa Clarita receive 3 offers on average and sell in around 44 days. The median sale price of a home in Santa Clarita was $780K last month, up 0.3% since last year. The median sale price per square foot in Santa Clarita is $444, up 0.7% since last year.

The Nashville housing market feels much hotter than last year at this time. Given that contract volume is relatively flat, how could the housing market be hotter? I was trying to figure a way to quantify what I was seeing. Came up with two charts: 1) Under Contract with 0 days on market 2) Multiple offers in description Sure enough both are higher than they were last year. Buyers are fighting more often even though demand is flat and we have more active listings. Bizarre. Is it lower quality listings? Or certain price band/location scarcity?

San Francisco’s Beleaguered Housing Market Is Rebounding The number of homes going into contract in March was at its highest point since mid-2022, according to the report. At the same time, the number of new listings in March may have only ticked up slightly compared to February, but were up 10.5% year over year. Absorption rates—that is, the speed at which homes are selling—are now at their highest points in years for both houses and condos, according to the report. The median house price was up 7.5% annually in the first quarter of the year, while condos prices were up 3.5%.

February 2024 Housing Update for Elgin & South Elgin, Illinois! 🏡📊 This snapshot provides a summary of homes sold, homes available, and the median price for detached single-family homes. Why do we report the median home sale price instead of the average? The median home price shows the central tendency, giving a more accurate picture. On the other hand, the average can sometimes be swayed by a few outliers. Our goal is to ensure you have the clearest vision of the housing landscape! Buying or selling in the NW Chicago suburbs? Let us help you get started! 🌟 📲 847.754.7302 📧 [email protected] ➡️ https://bit.ly/3QTxKjg . . . #illinoisrealestate #illinoisrealtor #fultongrace #fultongracerealty #findinghometogether #chicagosuburbs #housingmarket #realestatemarket #homesearch #illinoishomesearch #southelgin #elgin

Are There More Homes for Sale Where You Live? One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year. Recent data from Realtor.com shows that nationally, there are 36.6% more homes actively for sale now compared to the same time last year. That’s a significant improvement. It gives you far more options for your move than you would’ve... #housingmarket #homeinventory #thejandlteam #womeninbusiness #itsawinwinwithjoandlynn #cbrealty #realestateteam #realtorsworkingtogetherforyou #leasebuyorsellwithjandl #connectwithustoday #helpingyourfamilyandfriendsbuyandsellrealestate

Are There More Homes for Sale Where You Live? One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year. Recent data from Realtor.com shows that nationally, there are 36.6% more homes actively for sale now compared to the same time last year. That’s a significant improvement. It gives you far more options for your move than you would’ve had just a year ago. And with supply improving, you’re also regaining a bit of negotiation power. So, if you’re someone who thought about buying a home over the... #housingmarket #homeinventory #virginia #williamsburg #newportnews #homes

Buying a Home in the Current Housing Market While current housing affordability and inventory are challenging in many areas, there are still several positive aspects to consider: