Riccardo Ravasini on LinkedIn: #miamidaderealestate #propertyvaluesurge #housingmarkettrends… (2024)

For the most part, we're in a balanced market with the majority of sales in the condominium and townhouse segment, while single-family homes lag behind in terms of demand.Yesterday, the provincial government of BC declared its intention and authority over municipal bodies, allowing for up to six homes on single-family lots. This reflects the pressing need for reform in local zoning regulations and changes to the review processes, facilitating the development of more low-rise, multi-family residences and accommodating greater "small-scale, multi-unit" buildings, such as townhomes, multiplexes, and laneway homes. These sweeping changes aim to supersede municipal zoning control and streamline the approval processes, signifying a significant shift in Metro Vancouver's land use. This marks the most substantial land reform in decades and signifies a departure from the zoning of single-family homes.Here's the summary for October:3.7%↑ in sales since October 202229.5%↓below the 10-year October sales average12.6%↑in listed properties compared to October 20220.6%↑above the 10-yearOctober listings averageThe MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,196,500. This represents a 4.4% increase from October 2022 and a 0.6% decrease compared to September 2023.#realestate #vancouverrealestate #realestatenews #vancouvereconomy #metrovancouver #greatervancouverrealestate #firsttimehomebuyer #upsizers #investors #economics #trends #stayingahead #realestateeconomics #RealEstateAgent #October2023 #OctoberStats #stayinformed #nerdnews

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Although the housing market has cooled down, there are some areas across the U.S. (especially Florida) where the market remains hot, and buyers are still paying much more than homes are actually worth. Can you guess where they are?⁠⁠If you guessed...⁠1. Tampa, Florida⁠2. Deltona, Florida⁠3. Palm Bay, Florida⁠4. Lakeland, Florida⁠5. Cape Coral, Florida⁠⁠You're correct! These locations have seen a construction boom and increasing property values. These areas present promising opportunities for buyers and sellers alike in the Florida housing market.⁠⁠#realestateagentsouthflorida #realestatetips #realestatehelp #southfloridarealestate #southfloridarealtor #realestatenews #realestatecommunity #housingmarket

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Florida Surges to Become the Nation's Second Most Valuable Housing Market! 📈Incredible news for the Sunshine State! Florida has now surpassed New York as the second most valuable housing market in the U.S., according to Zillow. The pandemic-induced population surge and robust real estate activity have driven Florida's housing market to soar from $2 trillion in January 2020 to a staggering $3.8 trillion in June, marking a historic high. While we still have some ground to cover to catch up with California, valued at $10.2 trillion, this achievement is a testament to Florida's allure.What do you think is propelling Florida's real estate boom, and where do you see this trend heading?#realestatenews #southfloridamarket #realestateinvesting #southfloridarealestate #housingmarket Article linked ➡️ https://lnkd.in/eekkRt2q

🏡 **Snohomish County Real Estate Update!** 🌟Looking to stay ahead in the dynamic Snohomish County market? Here's your latest scoop:📈 **Market Momentum**: The median list price for homes in Snohomish County has hit $934,600 this week, reflecting a robust market. With a market action index of 86, indicating a strong seller's market, now's the time to seize opportunities!🏘️ **Inventory Insights**: Inventory remains steady, holding at around 409 listings. This stability offers a diverse range of options for prospective buyers, ensuring there's something for everyone in Snohomish County.📊 **Market Trends**: Over the past month, the market action index has shown a notable increase from 81 to 86. This upward trend signals continued growth and activity, making it an exciting time for both buyers and sellers alike.🔍 **Stay Informed**: Want to stay in the loop with real-time updates on Snohomish County's real estate market? Click the link below to access invaluable insights and never miss a beat!https://lnkd.in/ghjxy6CEWhether you're buying, selling, or simply keeping an eye on the market, Snohomish County offers endless possibilities. Don't miss out on your chance to be part of this vibrant community's real estate journey!

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Delaware, one of the country's smallest states, is growing at one of the quickest rates in the nation. The residential real estate market is playing catch up.#delaware #realestate #residentialrealestate #development #population

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🏠 Contra Costa County Housing Market Update 📊Analyzing the current real estate landscape in Contra Costa County, we observe a nuanced market shift. Over the past quarter, housing prices have stayed resilient, fueled by heightened buyer interest and fairly limited inventory. Average days on market sits at 19 days, a 35% month over month improvement, reflecting the growing demand in this vibrant region.However, it’s essential to note the intricate balance between supply and demand. Despite the robust demand, the inventory remains relatively tight, posing challenges for potential buyers. This scarcity is contributing to a competitive market, with multiple offers becoming more commonplace.Interest rates have played a pivotal role in shaping the market dynamics. The recent adjustment in rates and talk of additional adjustments has spurred more buyer activity, further intensifying the competition for available homes. As a result, sellers are often experiencing quicker sales and favorable closing terms.While these trends showcase a positive trajectory, it’s crucial for both buyers and sellers to stay informed and adapt their strategies accordingly. Navigating this dynamic market requires a tailored approach, and I’m here to provide insights and guidance tailored to your specific real estate goals.Let’s connect to discuss how these market dynamics may impact your plans and explore the best strategies for success in today’s Contra Costa County housing market. 📈🏡 #ContraCostaRealEstate #MarketUpdate #RealEstateExpertise

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🏡📊 Market Report in Ionia County 📈🏡Check this link >> https://lnkd.in/gfJVZBYnCheck out the latest real estate trends in Ionia County! 🏘️ Here's a quick snapshot of what's been happening in the past 30 days:🔹 Homes for Sale in the Last 30 Days: 159 📈 (Up 2.3%)🔹 New to Market: 63 homes 🏡🔹 Off the Market: 1,731 homes 🚫 (Up 76.8%)🔹 Days on Market: 65 days ⏳ (Up 6.9%)Whether you're buying or selling, staying informed about the market is key! 📊 Don't miss out on these insights if you're in the Ionia County area. 🌟 #sylviadrealtor #exprealty #RealEstate #IoniaCounty #MarketTrends 🏠💼

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The Housing Market Reports from December are up on the blog*! The post includes data from Naperville, Plainfield, and Lemont 👉🏻 Swipe to see the stats at a glance. Click the link below to see the full report AND the Housing Market Forecast 2024!⁠⁠Thinking of buying or selling? Give The Ville a call today to see what it means for your home! 630.420.8834.⁠https://lnkd.in/g_7d-pHQ⁠#thevilleteam #housingmarket #napervillerealtor #realestatemarketreport #housing #housingmarketupdates #plainfieldil #naperville #lemont⁠ #housingmarketforecast #realestatepredictions #2024predictions⁠*Based on information from Midwest Real Estate Data LLC for property type(s) Single Family, Townhome, Condominium in the price range $0 - $999,999,999 for the period Jan 2023 – Dec 2023. December 2023 stats are compared to previous 3 months' average. Source data is deemed reliable but not guaranteed.

🏡 Orange County Housing Update: The Orange County housing market was insanely hot just a few months ago. The Expected Market Time grew from 37 days in March to 57 days today, the highest level for this time of year since 2019. ATTENTION SELLERS: Carefully arriving at the Fair Market Value by scrutinizing the most recent comparable and pending sales is essential to be successful, meticulously considering the condition, location, upgrades, and amenities. Accurate pricing is absolutely crucial. Overzealous sellers who require future price reductions will procure fewer interested buyers, fewer offers to purchase, and, ultimately, will net less money.ATTENTION BUYERS: While the market is slower than at the start of the year, it is NOT a Buyer’s Market where prices are crumbling lower. Upgraded, nicely appointed, in good condition, and appropriately priced homes will fly off the market with plenty of activity and multiple offers. The longer a home has been on the market, the more willing a seller is to negotiate. Ready to navigate the real estate market successfully? Contact us today to get started!#WalkerRealEstateGroup #VictoriaCohenRealtor #VictoriaCohenHomes #VictoriaCohenHome #SoCalRealEstate #ColdwellBankerRealty #OCHousingMarket #OCHousingUpdate

22.8% of Herne Hill Households are 3-bedroom homes. Is that enough?Delving into the composition of Herne Hill's housing market reveals a significant statistic: 22.8% of households have three-bedrooms, but does this align with current and future needs? Do we need more four-bedroom homes or smaller starter homes? This article starts to unpack the intricacies of Herne Hill's property landscape, offering homeowners and landlords vital insights to inform their decisions in a dynamic market. For a deeper exploration and to contribute your perspective, join the conversation and let's collectively shape the future of our local Herne Hill property scene.https://lnkd.in/e8uCn-8d#Se21 #Se24 #Nw8 #Trustpetermans #Familyownedestateagents#Proudguildmember #Professionalestateagents

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