Thursday, September 8, 2022 / by Barbara Oleska
Everybody has questions. Market crash? Recession? What does it mean?If you’re thinking about selling your house, please click on Fall guide below to download. While the market has cooled, that also means you’ll have more negotiating power when you buy. It all works out, right?If you’re thinking and wondering about selling, give me a call and we’ll discuss your property in our local market. ...
Wednesday, August 24, 2022 / by Barbara Oleska
I'm thrilled to announce I've been ranked in the Top 100 of agents for the South Florida Region! Grateful for a successful year of hard work alongside the best clients and colleagues!
Thursday, August 18, 2022 / by Barbara Oleska
Below is an article I'm sharing about national trends; however, what matters most is our local market. While Florida remains in demand we are seeing a slowdown in activity and an increase in listings. Keep in mind that within the last few months mortgage payments have almost doubled and as we all know homeowners insurance is wicked. Affordability has become an issue. Homes are still selling, of course, but the days of aspirational pricing are behind us. You may have seen news headlines like "Home Sellers are Slashing Prices". No. What is happening is sellers are having to reduce prices to come in line with the actual market value. Buyers, if you're waiting for a crash, it's unlikely to happen and, in fact, experts expect prices to continue to appreciate, albeit more slowly. Deciding when to buy a house is based on if it makes sense for you. For buyers the market has improved providing more inventory, time to think, and opportunity to negotiate. If you're thinking about buying, or . ...
Thursday, August 11, 2022 / by Barbara Oleska
Greetings from another day in paradise and yes, EVERYONE still is moving here...lol! The market has slowed down a bit and inventory is at two months instead of two weeks, so demand is still strong. You may have seen headlines like, "Sellers SLASH prices..." No. It just means that there's no more aspirational pricing and sellers are have to drop back to the actual market, not ahead of it.A few buyers have told me that they are waiting for foreclosures, so I wanted to share the information below. There's no crystal ball, of course, but based on the stats that won't be happening. Could prices drop a bit? Maybe, but not if demand remains as it is and there are no indications of that changing. More likely we will find more of balanced market with moderate appreciation. Even if there are foreclosures, it wont be a wave and banks aren't stupid. They know market prices and won't take less. They won't need to.If you're thinking of buying, let's talk and look at your options. You'll want to weig. ...
Thursday, July 28, 2022 / by Barbara Oleska
If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is expected. That means home prices won’t fall. Here’s a look at two key reasons experts forecast continued price growth: supply and demand.
While Growing, Housing Supply Is Still Low
Even though inventory is increasing this year as the market moderates, supply is still low. The graph below helps tell the story of why there still aren’t enough homes on the market today. It uses data from the Census to show the number of single-family homes that were built in this country going all the way back to the 1970s.
The blue bars represent the years leading up to the housing crisis in 2008. As the graph shows, right before the crash, homebuilding increased significantly. That. ...