Kimberly Moore, Why Settle For Less When You Can Have Moore  (eXp Realty of California)

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Rainmaker
1,432,496
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

I woiuld assume areas with second homes would be rather slow on demand with rising interest rates.

Apr 27, 2023 02:49 PM
Ambassador
3,236,361
Kathleen Daniels, Probate & Trust Estate Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

 

No resort communities in the markets I serve Kimberly Moore 

Apr 27, 2023 02:43 PM
Rainmaker
3,923,066
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kimberly Moore it is interesting that inventory seems slow in South Lake Tahoe.

Apr 27, 2023 01:54 PM
Ambassador
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Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I have heard that Scottsdale is considered a resort market and it seems to be doing just fine, low on inventory of course.

Apr 28, 2023 04:38 AM
Rainmaker
768,525
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

They seem to be selling pretty darn good at our resort in Palm Springs. I would say roughly a week or so and the pending sign is up. 

Apr 27, 2023 05:43 PM
Rainmaker
1,709,364
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Sales are down due to low inventory, but prices are still way up.  Inventory is creeping up. 

Apr 27, 2023 04:35 PM
Rainmaker
4,876,012
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Clueless - but a scientific wild a$$ guess would be some local markets are slow and some are doing their thing. In some markets those with deep pockets can pay cash.

Apr 28, 2023 04:35 AM
Rainmaker
638,579
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Seems "every" type of market is dealing with slow inventory.  2023 is going to be an interesting year!  Hang on for the ride -- 2024 is coming!

Apr 27, 2023 07:20 PM
Rainmaker
648,238
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

We have a brand new resort starting to take reservations this June.  I will be curious how these go - 67 homesites in the first phase.

Apr 27, 2023 05:07 PM
Rainmaker
1,077,865
Peter Mohylsky 850-517-7098
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Sandestin Resort along the Gulf Coast currently has 369 active listings, 139 pending listings and 966 sold over the last year. 244 sold over the last 90- days.  These are single family homes and condo's.    I am scratching my head with these numbers.  

Apr 27, 2023 03:18 PM
Rainmaker
659,138
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Our PebbleCreek, AZ. area seems to be doing just fine with home selling quickly.

Apr 28, 2023 08:42 AM
Rainmaker
2,226,239
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

As they say "all Real Estate is local" Kimberly Moore . What is going on around the lake... things like new taxes, the condition of the lake with all the rain flowing into it right now???

Apr 28, 2023 08:29 AM
Rainmaker
5,643,561
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Denver isn't a resort town, but inventory is still very low.   My clients don't want to list, as the interest rates are too high to find a replacement home just now.

Apr 28, 2023 06:05 AM
Rainmaker
1,162,727
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The likelihood of substantial new development in the Lake Tahoe area is small. The old Will Rogers quote, "Buy  land. The ain't making any more of the stuff." is very applicable.

Apr 28, 2023 03:14 PM
Rainmaker
855,423
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

We're not a resort ares. Inventory is down and sales are down. However, what we have is selling pretty well. 

Apr 28, 2023 07:38 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Life's unexpected changes affect resort home owners often as they get older and cannot continue to enjoy their vacation homes.

Make sure to contact these people and find out who is ready to sell.

Apr 28, 2023 03:04 AM
Rainmaker
988,628
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

It's Spring on the Beautiful Colorado River . . . also this week is Bike Week with 30k motorcycles buzzing about and 100 degrees (those things theoretically 'should' slow things down . . . but)

I spoke with an agent of mine yesterday, and she had put one listing up waiting for an offer, preparing another and showing property . . . this is our life at this time of year!

In July, not long after the Fourth . . . it will be 120 and humidity starting to rise . . . our season will begin to wind down and after Labor Day, only those who NEED to move will be moving . . . it's very seasonally predictable here!

 

Apr 28, 2023 06:52 AM
Ambassador
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Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Our gated communities are moving quickly 

Apr 28, 2023 10:56 AM
Rainmaker
4,631,566
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I hear that some resorts are picking up in our mountains now. 

Apr 28, 2023 10:23 AM
Rainmaker
2,730,376
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

sketchy third-party source says...its holding

Apr 28, 2023 09:34 AM
Ambassador
3,128,184
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I'm a vacation/second home/retirement community and we're slow/steady.  Lots of buyers, inventory is low.

Apr 29, 2023 02:14 PM