AUGUST - REAL ESTATE NEWS: More Homes, Better Prices: A Buyer’s Summer

on
If you’ve thought about buying a home in the past few years, you may have run into two frustrations: asking prices that kept climbing and too few homes to choose from. In many places, both sticking points are letting up this summer, with lower asking prices and more homes for sale. Let’s look at the trends, and what they mean for your search. Sellers Are Pricing To Attract Buyers According to Realtor.com , the national median asking price was $430,000 in June, nearly $11,000 under what it was the year before (see graph below) : That’s the eighth month in a row that the typical asking price has dipped below where they were the previous year, according to the same Realtor.com report. And while falling prices can sound worrying, this isn’t a sign of an impending crash. We’re talking about asking prices, not sold prices. This is a sign that today’s sellers are meeting the market where it is and pricing to draw buyers. And that’s actually something normal we’d expect from the market. As...
0

Did the Value of Your Home Change Last Month?

on
It's completely natural for homeowners to feel curious about their property values for a multitude of reasons—perhaps you're contemplating selling, considering refinancing, or simply wondering how much your home has appreciated since your purchase. Just enter your address below

 
Whatever your motivation, Pam Boyle & Associates is here to offer you a far more precise and objective market analysis than online estimates (i.e. Zillow).

 While these online valuations can serve as a useful starting point, they often fail to capture the unique characteristics of your home, such as its condition, upgrades, and other critical factors that can significantly impact its true value. 

I can relate to this firsthand; I was surprised to discover that my own home's square footage was inaccurately represented on several automated valuation sites! 

 If you're ready to gain a clearer understanding of your property's worth, don’t hesitate to reach out for a comprehensive assessment—I'm here to support you every step of the way on your real estate journey.

Comments

Post a Comment