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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jimmys family

napa winery

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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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June 2017 RE/MAX Housing Report

After an unexpected cooling period in April, the U.S. housing market shot up to post-recession records for the month of May according to the RE/MAX National Housing Report. 

 

More people entered the market this month and as a result homes are flying off the market at a record pace in May. This reduction in 6 days on market represents a growing need for inventory, even as interest rates tick up, they currently do not have the power to cool this hot market.

 

Appreciation on home values saw another growth period in May versus the month before. So as a potential seller, your home may be more valuable than ever. Understanding home value trends is just one of many dynamics in today’s market that I can help you grasp. Knowledge is power here, whether you are looking to buy, sell, or even just get an update on one of your most valuable assets.

 

Feel free to reach out for advice on this dynamic 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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May 2017 RE/MAX Housing Report

Tight inventory paired with rising home prices has slightly slowed down the spring home-selling season, according to this month's RE/MAX National Housing Report

 

Simply put: there just aren't enough homes for all the people looking to buy.

 

If you're considering selling your home, but reluctant because tight inventory may impact your buying decisions. At RE/MAX Flagstaff, we understand and we can help. We’re still successfully getting buyers into beautiful homes.

 

If you'd like to explore the possibility of buying or selling your home this summer, we can help you navigate this tough 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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