November 2017 RE/MAX National Housing Report

As we head deeper into the holidays, the housing market remains strong. Despite record low inventory, October saw home sales increased 2.5% year-over-year and kept 2017 prices ahead of 2016. You can see the full RE/MAX National Housing Report for November here

 

If you’d like to assess the current value of your home or our local market, please don’t hesitate to call. I’m happy to help you with all of your real estate needs.

 

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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October 2017 RE/MAX National Housing Report

The 2017 Summer home buying and selling season finished strong, according to the October 2017 RE/MAX National Housing Report.

 

And although the season has now changed to fall, we’re not seeing many changes within the market. The number of available homes for sale remains low and home prices are still rising year-over-year. 

 

Curious how much your home may be worth in today’s market? We’re always happy to answer any of your real estate and home value questions.

 

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.

 

NationalHousingReport Map OCT17

 

 

NationalHousingReport Graph OCT17

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September 2017 RE/MAX Housing Report

Available homes for sale across the country increased only slightly in August. This entire summer’s seen strong demand and weak inventory, resulting in listings with short shelf lives and quick sales.

The September RE/MAX National Housing Report shows August sales slightly exceeding July, but slightly trailing August 2016, which remains the best August in the report’s 9-year history. There were 3.9% fewer homes for sale month to month and 13.7% year to year, driving the fastest listing-to-sale time ever seen in August. And they’re selling for 5.4% more than last year.

If you’re thinking about selling, it’s still a strong market. If you’re hunting for homes, you’ll continue to experience very limited inventory and increased competition. But competition makes us sharper and navigating with an agent is the best way forward these days.

Want some specific insight into your situation here in our local market? Reach out to us! 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 Broker Owners Attend Conference in San Francisco!

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RE/MAX Flagstaff Broker/Owners Annette Gardinal and Jimmy Millhollin recently joined hundreds of franchise owners at the annual RE/MAX Broker Owner Conference in San Francisco! RE/MAX Co-CEOs, Dave Liniger and Adam Contos, revealed a refreshed RE/MAX brand, including the world famous balloon logo and wordmark. “Great brands evolve and RE/MAX is no different. We believe the updated balloon and wordmark will help our agents grow their business and give them an even bigger competitive advantage in digital, social media and mobile marketing.”

 

For the fourth straight year, the largest group of homebuyers are millennials, who compose 34 percent of buyers. “Buyers who are 36 years old and younger continue to purchase homes at a higher rate than other age groups,” according to Pete Crowe, RE/MAX Senior Vice President of Communications and Marketing. “At the same time, real estate tools and technologies have drastically changed the way we help people buy and sell houses. 

 

The conference also featured the industry's top speakers covering all aspects of business growth and productivity.

 

Of course, Jimmy and Annette made time to tour San Francisco and even visit with family! They also toured wineries in Napa Valley and connected with the “other” Jimmy and Annette, RE/MAX Broker Owners from Virginia! 

 

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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August 2017 RE/MAX Housing Report

What an interesting real estate market compared to last year at this time!

According to the August RE/MAX National Housing Report, here are the facts:

Homes for sale down 14%
Time on market down 8 days
Sale prices up 7.4%

These conditions, combined with low inventory, results in fewer home sales than July last year (-0.8%).

If you're considering selling your home for top dollar, but reluctant because tight inventory may impact your buying decisions, we understand - and can help guide you!

Of course, our local market has its own nuances. Reach out to RE/MAX Flagstaff anytime and we can help you navigate this interesting market.

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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