Welcome Spring!!!
Although our weather has been especially mild, most of us are ready for warmer temperatures and more daylight hours. This also brings out more people with 'cabin fever' and the housing market heats up along with the temperatures. Typically, our spring market starts the weekend after Super Bowl, barring any inclement weather. This year has been no exception. Houses that are in show-ready condition and priced right-under $600,000 are moving in many cases weeks, days, or even hours! Luxury re-sale homes aren't moving quite as fast. Luxury new construction is moving faster than re-sale.
Our biggest news is that Kylie had her baby!!! Jackson was born on March 14th and baby and mom are both at home and doing well. We are so happy for Kylie and her expanded family! She will be back in the office soon, so please congratulate her when you speak with her next.
We are fortunate to have Melissa Johnson filling in for Kylie while she is on maternity leave. Melissa has done a fantastic job in Kylie's absence so please take a moment to say hello. She will be handling Kylie's phone and e-mail and all of our marketing and client service.
Thank you to everyone who attended our Happy Hour last week at Matt The Miller's!! We had a great turnout and look forward to hosting our April Happy Hour on Wednesday, April 19th from 5-6:30PM-same place. Come help us celebrate spring!
Spring Break plans? For the first time, Steve will not be going to St. Pete, Florida with Brigid and the girls to see Brigid's parents. Due to Kylie's maternity leave, he will be staying home to handle business. What are your spring break plans?
Be on the lookout for a postcard series hitting your mailbox soon about the Top Ten Things You Need to Know before You Build A New Home. Since inventory is so low, many people are considering building a new home for the first time ever. While this can be a great option, there are a LOT of things to consider before pulling that trigger. If you find yourself thinking about building, give us a call as we are experts at building new homes with over 70-years' combined experience and we have built several homes of our own. Whether it is a starter production-built home or your custom dream home, we can help answer many questions before you even talk with a builder and guide you through the entire process to make it easier and, many times less costly. The best part is-the builder pays our fee. And, no, if you don't have your own agent representing your best interests, the builder will not reduce their price. Let our experience and guidance help you on your next new home build.
As always, here are the latest housing statistics courtesy of MIBOR. These compare February 2017 to February 2016.
New listings-3,120-DOWN 0.8%
Pending sales-2,550-UP 4.3%
Closed sales-1,984-No change
Median sales price-$152,000-UP 12.6%
Average sales price-$187,893-UP 10.4%
Percent of original list price received at sale-94%-UP 1.2%
Total active listings available at month end-8,489-DOWN 17.2%
Months supply of inventory/absorption rate-2.9 months-DOWN 23.7%
Enjoy this warmer weather and, Go, XAVIER!!!
Click here to read the April newsletter
Click here to access coupons and discounts at places you shop every day
Click here to download the most powerful real estate app available
Your Friends in Real Estate
Steve, Jack, Kylie, & Melissa
Although our weather has been especially mild, most of us are ready for warmer temperatures and more daylight hours. This also brings out more people with 'cabin fever' and the housing market heats up along with the temperatures. Typically, our spring market starts the weekend after Super Bowl, barring any inclement weather. This year has been no exception. Houses that are in show-ready condition and priced right-under $600,000 are moving in many cases weeks, days, or even hours! Luxury re-sale homes aren't moving quite as fast. Luxury new construction is moving faster than re-sale.
Our biggest news is that Kylie had her baby!!! Jackson was born on March 14th and baby and mom are both at home and doing well. We are so happy for Kylie and her expanded family! She will be back in the office soon, so please congratulate her when you speak with her next.
We are fortunate to have Melissa Johnson filling in for Kylie while she is on maternity leave. Melissa has done a fantastic job in Kylie's absence so please take a moment to say hello. She will be handling Kylie's phone and e-mail and all of our marketing and client service.
Thank you to everyone who attended our Happy Hour last week at Matt The Miller's!! We had a great turnout and look forward to hosting our April Happy Hour on Wednesday, April 19th from 5-6:30PM-same place. Come help us celebrate spring!
Spring Break plans? For the first time, Steve will not be going to St. Pete, Florida with Brigid and the girls to see Brigid's parents. Due to Kylie's maternity leave, he will be staying home to handle business. What are your spring break plans?
Be on the lookout for a postcard series hitting your mailbox soon about the Top Ten Things You Need to Know before You Build A New Home. Since inventory is so low, many people are considering building a new home for the first time ever. While this can be a great option, there are a LOT of things to consider before pulling that trigger. If you find yourself thinking about building, give us a call as we are experts at building new homes with over 70-years' combined experience and we have built several homes of our own. Whether it is a starter production-built home or your custom dream home, we can help answer many questions before you even talk with a builder and guide you through the entire process to make it easier and, many times less costly. The best part is-the builder pays our fee. And, no, if you don't have your own agent representing your best interests, the builder will not reduce their price. Let our experience and guidance help you on your next new home build.
As always, here are the latest housing statistics courtesy of MIBOR. These compare February 2017 to February 2016.
New listings-3,120-DOWN 0.8%
Pending sales-2,550-UP 4.3%
Closed sales-1,984-No change
Median sales price-$152,000-UP 12.6%
Average sales price-$187,893-UP 10.4%
Percent of original list price received at sale-94%-UP 1.2%
Total active listings available at month end-8,489-DOWN 17.2%
Months supply of inventory/absorption rate-2.9 months-DOWN 23.7%
Enjoy this warmer weather and, Go, XAVIER!!!
Click here to read the April newsletter
Click here to access coupons and discounts at places you shop every day
Click here to download the most powerful real estate app available
Your Friends in Real Estate
Steve, Jack, Kylie, & Melissa
