Thinking of Selling Your Home?

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If the thought of listing your home for sale feels overwhelming, you’re not alone. The process of putting your home on the market can be a daunting experience.

Our experienced RE/MAX Flagstaff agents can assist you as you determine the best course of action.

One of the first things out agents can help with is researching your home’s value. We’re experts on the current market in Flagler County and we’ll review comparable properties and how long other homes have stayed on the market. We’ll provide you with a realistic idea of what your home is worth in today’s market and how long it may take to sell.

We can help you find your next home and advise you about the potential options for your next home. We’re very aware of local housing trends, properties, and which homes are within your budget.

Your realtor will help you prioritize what needs to be done prior to putting your home on the market and we can recommend a home inspector for expert advice on features such as your roof or HVAC system.

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 National Housing Report for June 2019

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June Sales Post Unusual Decline as Median Price Reaches All-Time High

Typically the strongest month for home sales, June saw closings decline 4.7% from May and 7.8% from June 2018, according to the RE/MAX National Housing Report. Going in the opposite direction, June’s Median Sales Price of $276,000 was an all-time high in the 10-year history of the report.

June has recorded the most sales each of the last five years (July led 2013 sales). This is only the second June in report history to have fewer sales than May. With sales slowing, June inventory increased 1.3% over June 2018, marking the first year-over-year rise in June inventory in the report’s history. Moreover, inventory grew for the ninth consecutive month, and the report’s 54 metro areas had the most units for sale since August 2016.

“Record prices appear to have kept June sales figures from topping a strong May,” said RE/MAX CEO Adam Contos. “Nevertheless, there are indications, including the return of very favorable mortgage rates, that the pace could pick up in July. Several encouraging longer-term trends—ongoing demand, improving inventory levels, low interest rates—are helping the market make incremental progress on multiple fronts. But supply remains a concern, so we need more homes to be built.”

Starting in 2013, June has also produced the highest Median Sales Price of each year. June’s record $276,000 was 6.7% higher than the $259,000 recorded in June 2018.  June’s price increase accelerated compared to the prior three months, each of which had a year-over-price increase of less than 3.5%. Contos continued, “The jump in sales price after months of moderation is worth watching for its impact on affordability.”

June’s Days on Market total of 44 meant that sales happened three days faster than in May but took three days longer than June 2018. Months of Inventory in June 2019 was 2.8, the same as May’s and below June 2018’s 3.1.

Read the full report here. https://www.remax.com/newsroom/press-releases/remax-national-housing-report-for-june-2019.htm

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 National Housing Report for May 2019

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May home sales ticked slightly higher year-over-year, ending a 9-month streak of declines, according to the RE/MAX National Housing Report. At the same time, inventory grew for the eighth consecutive month, representing the most units for sale since August 2016 in the report’s 54 metro areas.

Homes sold quickly, as evident in the Days on Market average of 47 – the second-fastest May average in the 10-year history of the report. And home sales increased 15.3% from April to May – the second-highest April-May jump in report history.

Home sales were up 0.4% over May 2018 - the first year-over-year gain since July 2018. The number of homes for sale increased 4.9% year-over-year to set a report record for the highest May growth. However, based on the pace of home sales, May’s 2.6 Months of Inventory was down compared to April’s 2.8 months and the 2.9 months of May 2018.

The Median Sales Price of $259,500 was up 3.4% year-over-year, representing the lowest May increase since 2011.

“The spring selling season was in full bloom during the month of May, offering both buyers and sellers something to like,” said RE/MAX CEO Adam Contos.

Read the full report here.

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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Summertime is Fun Time!

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It’s summertime and outdoor living is fantastic in Palm Coast and Flagler County! You can enjoy the Florida lifestyle out-of-doors all year round. 

Find yourself along the water’s edge or in the water. Take a walk on the beach, enjoy a swim in the ocean, at the Palm Coast Aquatics Center (daily fee), or The Belle Terre Swim & Racquet Club (daily fee). There are always private pools and some neighborhoods offer welcoming pools as an amenity. 

Enjoy fishing, kayaking, boating, paddle boarding and more along the water and also take advantage of a dip in the water. 

Many people find it helpful to plan your outings before 10:00 a.m. or after 3:00 p.m. when the sun isn’t quite as strong. Floridian tip: always wear sunscreen.

Consider creating an outdoor oasis at your home for enjoying the evenings after the sun goes lower in the horizon. Outdoor bars are an important part of your outdoor living space. They can be large and fancy, or rustic and inexpensive. One of our latest Pinterest pages focuses on the latter. 

When you’re creating your space, remember you’ll be able to enjoy your outdoor space all year, so adding a fire pit for roasting s’mores in the summertime and taking off a small chill in the winter might just suit your fancy. 

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. 

Links

https://www.palmcoastgov.com/parks/aquatics-center

http://fce.flaglerschools.com/fce/swim-racquet-club

https://www.pinterest.com/REMAXFlagstaff/outdoor-bars-for-your-backyard/

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RE/MAX National Housing Report for April 2019

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With summer unofficially underway, it looks like the housing market isn’t taking any breaks from sales according to the RE/MAX National Housing Report. Here are three takeaways from last month’s report.

1) April sales were up 11% from March. 

2) Sales prices are still on the climb. Prices were up 2.1% from March. 


3) The number of homes on the market continues to grow – up 3.3% from March.  

Want more details? Read the full report here.

With these numbers, the market is slowly continuing to shift to be a little more balanced. Buyers are interested, and sellers are setting realistic prices. This means opportunity if you’re thinking about buying or selling. We are happy to talk about our local market in detail. 

 

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 Flagstaff Office: 386-246-8585
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