Real Estate Market Trends

Discovery West Is A New Westside Bend Oregon Subdivision Discovery West is the latest subdivision in the NorthWest Crossing area of Bend's Westside. Developed west of Summit High School and with 40 acres of parks with miles of trails, the project offers a variety of housing options, ranging from apartments, town homes, cottages and single-family homes. Discovery West is being built under the "transect" concept of urban development in which the housing density decreases the further out people go from the urban core. The goal with this type of development is to help mitigate wildfire risk and the impact on wildlife.  Discovery West Is Popular With Bend Home Buyers There is a lot of new construction occurring in Discovery West.  As a new subdivision, many contractors are building spec hom... 04/12/2024

04/12/2024

What’s the Value of My Oceanside Home? Oceanside Home Sales for March 2024 The Oceanside housing market continues to shift. This market report does not include private sales, mobile, or multifamily housing (information was derived from the MLS and is believed accurate when this report was written but not guaranteed). Having current information about local market conditions from a knowledgeable REALTOR will help you make informed buying and selling decisions about Oceanside homes for sale. READ MORE: Oceanside California – A Growing and Changing Coastal San Diego Community There were 133 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, and 92058), 18% more sales than in February. Here are the details: Single Family Homes Sold88 (up 16%); 18 Average Days on Market; Average Sale... 04/12/2024

Buyers sprung into action this last weekend putting 21.4% more homes under contract than over Easter weekend, and when looking at the same week one year ago pending transactions were also up 14.9%. After a slower start to the year, buyers appear to now be ready to jump on new listings.   I hope this message finds you well and ready to tackle the opportunities of the current real estate market. This week’s report, covering April 3rd to 9th, 2024, offers exciting insights that are crucial for your strategy.Market Performance Insights:•This past weekend was particularly active with a significant increase in homes going under contract, reflecting a robust uptick compared to Easter weekend and a notable improvement from the same period last year. It appears that buyers, after a slower start... 04/13/2024

The past few years were quite uncertain when buying and selling real estate. Huge mortgage rates still primarily affected investment in rental properties or buying new homes, and the inflation didn't help either. As we are nearing the first quarter of 2024, things don't seem to be changing regarding economic uncertainties and shifting housing dynamics. So, lots of experts pose the question, "Will the rental market crash in 2024?" As we deeply dive into the trends and data from previous years and follow the forecasts for the upcoming period, we outline the general findings. So, if you are a property owner thinking about selling or renting your property or a property management company owner/employee eager to know what the future holds for the business, read on to find out what to expect.... 04/12/2024

I will be providing weekly real estate market updates on my town, Burlington Township, New Jersey.  May this be the first of many. New Listings              5                         Total Active                16Pending                      1Total Pending            12New Closed                0Average Sales Price      N/A While the "zero closed" may seem surprising, it is not unusual to see most monthly closings happen at or near the end of the month, as a buyer's closing cost (prepaid interest) shrinks.  Please contact me with any questions about your current real estate needs at (609) 864-8164. https://michaelelliott.fathomrealty.com/      04/12/2024

Can you believe that we're already in April? This is David Buck with Harcourts Island Real Estate, here to report on the home and condo stats for March of 2024.Oahu Home StatsFirst off, we're going to dive into the single family home sales. There, we saw a dip in home sales from the previous year, which was down 2.5%.... Read More 04/11/2024

On April 8, 2024, Realtor.com reported that in Glendale, California median list price was $1,175,000 in March of 2024 lower from $1,250,000 in February of 2024, but higher 6.0% from $1,099,500 in March of 2023. While, median sales price for a home and a condo was $1,200,000 in March of 2024, gained 4.0% from March of 2023 in Glendale, California.Houses stayed 37.00 days in the market in March of 2024 dropped from 42.00 days in February of 2024, but decreased from 43.00 days in March of 2023 in Glendale, California.The median listing price per square foot of a home and a condo was $659.00 in March of 2024 declined from $676.00 in February of 2024, but up 0.0% from $658.00 in March of 2023 in Glendale, California.For complete more detailed information about Realtor.com’s latest homes and ... 04/11/2024

We are into our Spring market in the real estate world.  In this episode I cover the most recent data in a year-over-year and month-over-month format so you can see how the market is trending.  We do have some headwinds as we get into our Spring market, including higher interest rates and higher home values.  Despite the impact this is having on affordability, the market is remaining stable.  This is mostly due to home buyers and sellers that are doing what they can to make things work for their needs.  In this episode, I also cover the most recent inflation data, mortgage interest rates and give an update on the real estate broker commission lawsuits and settlements that you’ve likely seen in the news.If you’re thinking of buying in this market, you might look at newly built homes, as ... 04/11/2024

The recent NAR Settlement has opened new rules that shift the burden of who pays the buyer’s agent’s commission fee.  The Settlement resolved the litigation on behalf of the home sellers related to broker commissions. Under the current rules, Sellers have paid for the buyer’s agent commission. With that responsibility upended as of July, 2024 there will likely be more competition and innovation on the buyer side.  Real Estate agents forms will be updated by July 2024 and Realtors will be requiring an exclusive written buyer agreement signed by the buyer(s) BEFORE showing a buyer homes.  This agreement will display the services that an agent can provide and how they expect to be compensated once a purchase has been made. MLS participants working with buyers must enter into written agreem... 04/11/2024

Welcome to the Real Estate Shift Show where we update you more frequently on What's Happening In Minnesota Real Estate with quick real estate tips, updates, and more!   2024 Real Estate Shift Show #41 -- Should you skip doing a home inspection?   2024 Real Estate Shift Show #42 -Making Site Unseen Offers   2024 Real Estate Shift Show #43 -Problem Solving   https://fb.watch/r3PcuJdL9V/          2024 Real Estate Shift Show #44 --Most Common Questions We Get     2024 Real Estate Shift Show #45--Selling For Sale By Owner Makes Less Sense Now     You can catch up on prior real estate updates and Real Estate Shift recordings by clicking here! Please feel free to reach out with any of your real estate questions or concerns. We strive to be the best real estate team in the area and would be hap... 04/11/2024

 Vista Market Report March 2024 Vista is inland in North San Diego County, bordered by Oceanside, Carlsbad and San Marcos. Vista offers a range of housing, including tract home communities, custom homes, condos and townhomes, rental complexes, and 55+ communities. There are also homes in rural areas with large lots, and on the hills, with some offering panoramic views. You’ll find mixed use and agricultural areas, and a growing and changing downtown with abundant dining and shopping opportunities and services.  Major commuting routes (e.g., the 15 and 78 freeways) are readily accessible. The Vista Farmers Market is the longest running farmers market in San Diego since 1981. The Farmers Market is on Saturdays at the Vista Courthouse Complex on Melrose about ½ mile south of the 78 freeway... 04/10/2024

On April 8, 2024, Realtor.com reported that in Pasadena, California median list price was $1,299,000 in March of 2024 down from $1,299,997 in February of 2024, but higher 4.0% from $1,252,500 in March of 2023. While, median sales price for a home and a condo was $1,200,000 in March of 2024, jumped 9.0% from March of 2023 in Pasadena, California.Houses stayed 46.00 days in the market in March of 2024 increased from 41.00 days in February of 2024, but decreased from 51.00 days in March of 2023 in Pasadena, California.The median listing price per square foot of a home and a condo was $728.00 in March of 2024 grew from $716.00 in February of 2024, and gained 2.0% from $712.00 in March of 2023 in Pasadena, California.For complete more detailed information about Realtor.com’s latest homes and... 04/11/2024

In March, Santa Cruz County's real estate market really picked up.  I am seeing more homes sell with multiple offers so far this year than last year.  Single-family homes reached a median sale price of $1,215,000.  Homes are selling quickly at a median of 15 days on the market.  Many homes are selling with more than one offers and for over the asking price. Key Market Indicators: Single-family homes in Santa Cruz County sold for an average of 101% of the listing price, signaling robust demand. The median sale price for single-family homes was $1,215,000. It kept rising, as seen in recent months. Properties are selling quickly. The median days on market (DOM) is 15 days. This suggests that listings are being snapped up rapidly. Inventory levels slightly increased, providing more options ... 04/10/2024

The Wisconsin Woodland Report April 2024 Marathon County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties     Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $98,366 40 $2,459 22400450 Active Kronenwetter Marathon $100,000 23.32 $4,288 1972046 Active-W/Offer Emmet Marathon $110,000 20 $5,500 22400782 Active Bevent Marathon $170,240 65.23 $2,610 22400449 Active Guenther Marathon $184,900 35.05 $5,275 22400045 Active McMillan Marathon $225,000 27.39 $8,215 50287409 Active Franzen Marathon $310,000 51.35 $6,037 22400707 Active-W/Offer Ringle Marathon $329,000 61.42 $5,357 22234223 Active Rib Mountain Marathon $434,000 40 $10,850 22400685 Active Bern Marathon $449,900 30.43 $14,785 22233154 Active Weston Marathon $52... 04/20/2024

The Wisconsin Woodland Report April 2024 Portage County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties     Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $205,000 40 $5,125 22400603 Active Linwood Portage $229,900 23 $9,996 22233495 Active Sharon Portage $260,000 80.74 $3,220 22235645 Active Sharon Portage $301,440 25.12 $12,000 22235008 Active Stockton Portage $344,900 31 $11,126 50285273 Active Amherst Portage $355,000 64.84 $5,475 22235163 Active-W/Offer Grant Portage $378,300 70 $5,404 1578627 Active Rosholt Portage $399,900 80 $4,999 22235639 Active-W/Offer Carson Portage $400,000 81.12 $4,931 22400656 Active Dewey Portage $406,800 33.89 $12,004 22235004 Active Stockton Portage $419,900 25.01 $16,789 2223... 04/19/2024

The Wisconsin Woodland Report April 2024 Adams County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties     Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $38,000 45 $844 1839518 Active Adams Adams $100,000 40 $2,500 1972141 Active Rome Adams $144,900 28.98 $5,000 1973692 Active-W/Offer Preston Adams $145,000 40 $3,625 1969360 Active Richfield Adams $149,580 24.93 $6,000 1967696 Active Lincoln Adams $150,000 60 $2,500 1972143 Active Rome Adams $150,000 60 $2,500 1972144 Active Rome Adams $180,000 39.74 $4,529 1958798 Active Richfield Adams $196,000 80 $2,450 1972149 Active Rome Adams $218,592 80 $2,732 22400444 Active Big Flats Adams $218,592 80 $2,732 22400445 Active Big Flats Adams $225,000 90 $2,500 1972145 Ac... 04/19/2024

The Wisconsin Woodland Report April 2024 Chippewa County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties     Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $64,900 40 $1,623 22400195 Active Lake Holcombe Chippewa $224,900 62.59 $3,593 1574212 Active Lake Holcombe Chippewa $224,900 24 $9,371 1580623 Active Lafayette Chippewa $257,900 58.85 $4,382 1852928 Active Other Chippewa $316,900 58.85 $5,385 1852927 Active Other Chippewa $333,000 22.14 $15,041 1579354 Active Tilden Chippewa $483,042 115.01 $4,200 1579342 Active-W/Offer Eagle Point Chippewa $483,042 115.01 $4,200 6491181 Active Jim Falls Chippewa $500,000 95 $5,263 1579431 Active Edson Chippewa $544,900 117.7 $4,630 1852917 Active Other Chippewa $2,875,000 ... 04/18/2024

The Wisconsin Woodland Report April 2024 Dunn County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties     Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $200,000 20.07 $9,965 1562114 Active Rock Creek Dunn $275,000 39.4 $6,980 1578820 Active Sheridan Dunn $329,000 31.5 $10,444 1575948 Active Menomonie Dunn $470,000 67 $7,015 1580339 Active Clear Lake Dunn $474,900 65.95 $7,201 1578391 Active Peru Dunn $489,500 113.9 $4,298 6443907 Active Sand Creek Dunn $489,500 113.9 $4,298 1577435 Active Sand Creek Dunn $599,000 65.25 $9,180 1577356 Active Menomonie Dunn $599,000 65.25 $9,180 6442993 Active Menomonie Dunn $749,900 88 $8,522 1866223 Active Otter Creek Dunn $849,900 32.58 $26,087 1575193 Active Menominee Dunn   ... 04/18/2024

The Wisconsin Woodland Report April 2024 Jackson County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties     Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $139,900 21.44 $6,525 1576801 Active Springfield Jackson $155,000 30 $5,167 1579106 Active-W/Offer Manchester Jackson $175,000 25.35 $6,903 1576682 Active Osseo Jackson $195,000 60 $3,250 1961606 Active Bear Bluff Jackson $230,000 66.1 $3,480 1554045 Active Black River Falls Jackson $239,000 84.47 $2,829 1971316 Active-W/Offer Bear Bluff Jackson $377,499 125.83 $3,000 1571146 Active Black River Falls Jackson $389,900 80 $4,874 1970569 Active Brockway Jackson $449,000 32.29 $13,905 1575773 Active Brockway Jackson $799,000 160 $4,994 1579654 Active Garfield Jac... 04/17/2024