Steve Bradford -Re/max Realty Professionals

08/05/2022

3 REASONS TO BUY A HOME IN TODAY'S SHIFTING MARKET

CLICK IMAGE BELOW

BUYER OPPORTUNITY

08/03/2022

JULY 2022 MARKET UPDATE – HEY CHICKEN LITTLE…THE SKY IS NOT FALLING!

Enough of the media click bait out there…if all you ever read about real estate was an article’s heading and don’t dive into the real statistics…you would think the real estate market is in shambles…FAR FROM IT!

Yes, the market IS ADJUSTING from what we saw earlier in the year…but the reality is, the MARKET REMAINS FAR TIGHTER AND ROBUST than it was prior to the pandemic, as evidenced by just over 2 months of supply and Benchmark Pricing down less than 1% from last month.

General Highlights:
• Residential total sales in July 3% lower than last year, but still amongst strongest levels recorded.
• Rising lending rates causing a rise in new listings in higher-priced product, and a lack of supply in lower-priced detached and semi-detached product.
• Listings for homes below $500k fell by 18% and conversely Listings for homes over $500k rose by 20%. This is bringing more balance to the higher-end market and has left conditions very tight in the lower-end of the market.
• Benchmark price, as expected, has slipped slightly (LESS THAN 1%) compared to last but remains 12% higher than this time last year.
• Expectation is that further rate increases will weigh on activity and prices, but will not enough to offset the very strong gains recorded last year.
In this ADJUSTING market, whether you are buying or selling, it is more important than ever that you work with a knowledgeable agent with superior negotiation skills.

Don’t go it alone, let’s connect and chat about your real estate needs. Email me at [email protected] or call/text at 403.630.2266.

08/02/2022

JULY 2022 MARKET UPDATE - HEY CHICKEN LITTLE...THE SKY IS NOT FALLING!

CLICK FOR REPORT

Market slows, but remains STRONG compared to pre-pandemic levels

07/28/2022

NEW LISTING SIVLER SPRINGS $799,900
OPEN HOUSE SUNDAY JUL 31 1:30-3:30PM
TO VIEW BEFORE IT’S GONE…DM me here set up a viewing of this show stopper…or contact me by phone or text at 403.630.2266 or [email protected]. Click Picture for Full Details

Courtesy C21 Bamber Realty Ltd.

OPEN CONCEPT BUNGALOW | FULLY RENOVATED | CENTRAL AIR