March 2019 RE/MAX National Housing Report

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It’s an absolutely gorgeous first full month of spring! Despite the slowest start to spring home sales in five years, things are looking up according to the March RE/MAX National Housing Report. Here are a few highlights from last month’s report.

1) Sales were 8.6% lower than March 2018 – the lowest year-over-year in five years. 


2) March sales rocketed up 29% over February.

3) The number of homes on the market grew for the sixth month in a row.

Want more details? Check out the full report by clicking here. 

So, what does this all mean for you? 

It’s a great time to be in the market. There are more homes for sale on the market, prices have only increased slightly year over year, and interest rates are falling. If you’re thinking about making a move this spring or summer, let’s get started. 

We would be happy to evaluate your home and talk about your wants and needs for your next home.

At RE/MAX Flagstaff, our dedicated REALTORS® are driven to serve you and are committed to success. Please let us know how we can assist you with your real estate needs. Call us at (386) 246-8585. 

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RE/MAX Flagstaff Agents Earn Annual Sales Production Award

Annette Gardinal and Jimmy Millhollin broker/owners with RE/MAX Flagstaff, have both earned the RE/MAX 100% Club Award, which honors successful agents who have earned commissions at the second-tier level in the past year. In 2018, 20 percent of active RE/MAX agents earned this prestigious award.

Agent Tina Turner has qualified for the esteemed 2018 RE/MAX Platinum Club Award, which honors successful agents who have earned commissions at the third-tier level in the past year. In 2018, less than six percent of all active RE/MAX agents received this award.

“It’s a tremendous honor to receive this award,” said Gardinal. “As a real estate agent with RE/MAX, I’m fully committed to helping my clients and consumers find the home that is right for them. It’s truly an honor to be surrounded by such an incredibly supportive team.”

Both Gardinal and Millhollin have been serving their community for 18 years as real estate agents, 12 Years with RE/MAX and 9 years as broker/owners of RE/MAX Flagstaff, and have extensive experience in water front, gated communities, and condominiums. They have also earned the Platinum Award for 3 consecutive years and actively support local non-profit organizations, Flagler Cats and Christmas Comes True.

Turner has been serving her community as a real estate agent with RE/MAX Flagstaff for 5 years and has extensive experience in investment and multi-family homes. Among Turner’s list of achievements, she has earned the Executive Club Award for 3 consecutive years.

At RE/MAX Flagstaff, our dedicated REALTORS® are driven to serve you and are committed to success. Please let us know how we can assist you with your real estate needs. Call us at (386) 246-8585.

 

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RE/MAX National Housing Report for February 2019

Spring is finally here! I don’t know about you, but I love the change of the season. The season’s not the only thing changing according to the RE/MAX National Housing Report. Here are three things to take away from last month’s report. 

You can read the full report here! https://www.remax.com/newsroom/press-releases/remax-national-housing-report-for-february-2019.htm


1. Home sales were down for the seventh consecutive month. They were down 4.2% from February 2018. 


2. Inventory grew for the fifth month in a row. It was up 5.8% year over year.
The median sales price also grew by 5.5% to $240,000. 


3. All signs are pointing to the market slowly balancing as it transitions from a seller’s market to a buyer’s market. However, with home sale prices on the rise, pricing is still in the seller's favor.

It’s going to be a busy spring! If you’re thinking about buying or selling, let’s get started!

Thank you for trusting RE/MAX Flagstaff as your local real estate expert!

At RE/MAX Flagstaff, our dedicated REALTORS® are driven to serve you and are committed to success. Please let us know how we can assist you with your real estate needs. Call us at (386) 246-8585.

 

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Florida Condominiums!

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Condominiums and town homes prove to be very popular housing in Flagler County!

With asking prices ranging from the low $90’s to well over $2 million there are plenty of choices for home buyers in our area. Condo and townhome living offers a unique living situation and it’s not necessarily right for everyone.

In condo living you own your unit but you’re partners with the members of your condo association, sharing ownership of the land, building and common areas. You’ll also share costs with members of the association and the board of directors or a property management company makes the big decisions. A portion of your condo fees goes into a reserve fund which will cover major repairs such as replacing windows and roofing without additional costs to the owners. If costs exceed the reserve a “special assessment” will be shared among the owners.

Your neighbors will be a variety of people including first time homebuyers, people renting from investors, and without a doubt, baby boomers who have downsized their living space and responsibilities.

A huge plus to condo ownership is that your condo fees cover the outside maintenance. No yard to mow or repairs to make. You’re responsible for everything within your own walls.

If your condo has amenities, you’ll have the chance to socialize with your neighbors and enjoy the swimming pool, gym, golf course, clubhouse, and more.

At RE/MAX Flagstaff, our dedicated REALTORS® have the expertise and experience with Florida condos and can help you navigate the market — and minimize your risks. Please let us know how we can assist you with your real estate needs. Call us at (386) 246-8585.

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RE/MAX National Housing Report for December 2018

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2018 Home Sales Cool Off, While Inventory Recovers and Price Increases Moderate

 

The latest housing market news is out from the RE/MAX National Housing Report. 

 

Here are three takeaways from December’s report:

 

1.) December home sales declined 12.1%. That marks the fifth month in a row of year-over-year decline.

 

2.) December inventory grew 4.6% which was the third consecutive month.

 

3.) Home prices went up 2.1% in December.

 

These stats mean that the market is slowly balancing. There’s still a way to go, but it’s making progress. Down the road, this will be great news for buyers and sellers. If you’re thinking about buying or selling in 2019, We’d be happy to talk about our local market conditions and your specific situation. 

 

At RE/MAX Flagstaff, our dedicated REALTORS® are driven to serve you and are committed to success. Please let us know how we can assist you with your real estate needs. Call us at (386) 246-8585. 

 

If you’d like to read the full report, click here

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