Kristi Kronser Realtor

05/21/2024

Single Story Modern masterpiece in Auburn, CA

✨3384 sq ft
✨4 Bed
✨3 Ba
✨3 car garage
3.2 acres...room for a pool.

Price reduction to $1,150,000...............
OPEN HOUSE
- FRIDAY 5/24/24 3-6pm
- SATURDAY 5/25/24 1-3pm
- SUNDAY 5/26/24 1-3pm.................

Looking into buying or selling?
Just curious about the current real estate market and what your best options are? Let’s chat!
CALL or TEXT me ☎️805.215.4360☎️

05/09/2024

Open House Saturday 11am-2pm or schedule a private showing this week!

Single story, 4 Bed/3 Ba/3 car garage North Auburn beauty.
Jenn Air appliance package.
Custom cabinets.
Engineered Oak wire brushed hardwood floors.
Designer finishes.
Black Andersen Windows.
Built in 2020.
Peaceful 3.2 acres.
Room to build an ADU or pool
The builder said it would cost him 1.6 million to rebuild this today all for $1,198,880. Bring your pickiest buyers!

02/13/2024

Placer County Market Update 📊📈

Comparing Placer County during this January 2024 vs. January 2023-------
➡️The number of new listings added to the market isdown 2.2%.
➡️The number of homes for sale is down 23%.
➡️The number of homes in contract was up 4.4%.
➡️The number of homes sold was up 12%.
Prices Up vs. Last Year but Down vs. Last Month----
➡️The average home sale price was down 2.2% compared to last month, but was up 3.2% compared to last January.
➡️The average price per-square-foot down 1.7% compared to last month, but was up 7.5% compared to last January.
➡️The median home sale price was down 1.9% compared to last month, but was the same as January of last year.
Inventory is Tight and Getting Tighter-----
The inventory level, which is measured by dividing the number of homes for sale by the number of pending sales, is at 1.3 months, which is lower than last year and considerably lower than last month.
What do these stats mean?
The relative lack of new listings compared to the current level of demand continues to be the driving story for the market.

Higher interest rates have disincentivized many home owners from listing who would like to move , but do not have a pressing need to move.

The owners who have been listing their homes have tended to have a need to move, rather than a want, or they have had the means to move regardless of interest rates.

If inventory levels continue to remain as low as they currently are, it is likely that prices will start to climb again this Spring, if recent history is any guide.

The good news is that I have become quite adept at navigating this market, now that we have been in it for almost two years.

I have strategies in place to help both home buyers and sellers navigate the difficulties and take advantage of the conditions.

If you would like to discuss creating a strategy to sell or buy a home, please feel free to reach out.

02/01/2024

Today calls for a celebration!!!!!! 🤩🤩🤩JUST SOLD.

My seller is the cutest ever! Her words, "okay all signed, when do I get my money." Woman after my own heart! 😂

I can now officially say that we are CLOSED in 24 days!!

Please help me congratulate my client on the sale of her home!!

👉👉If you are in the U.S. and thinking about buying or selling, reach out & we can chat goals, strategies and making MOVES that are best for YOU.

12/14/2023

💥 JUST LISTED💥
🏡4 bed 2.5 bath with a pool!
💰 $675,000
🌎 2243 Eagle Drive, Rocklin, CA
📐1947 Sq Ft
Looking for your next Rocklin home with a pool? Look no further! Highly sought after neighborhood close to parks, walking, biking, and hiking trails.This home offers both casual and more formal living spaces for lifestyle flexibility. Interior features include vaulted and cathedral ceilings, a fireplace in the living room and family room, NO HOA. Spacious primary retreat with vaulted ceilings, walk in closet, shower, soaking tub & double sinks. Retreat into the privacy of the backyard complete with a gorgeous pool, covered and open patios with separate fenced area for Rover. All of this and minutes to shopping centers, eateries & desirable Rocklin schools. Look no further- your Rocklin retreat is here!
🌞 Open house Sat 2-4 and Sun TBD
📱 Call, text or email for a private showing or to get more information. 805-215-4360
📧 [email protected]

11/29/2023

Oh hey! 😍 JUST LISTED.

Wanted to share for all who are seriously considering moving one day soon. Let's go see if this may be the home you have been waiting for!

For Sale:
Roseville, CA 4 Bedroom/ 2 Bath
RV Access
Corner Lot
Minutes from top rated schools, restaurants and premiere shopping!

Here’s a link for price, location, and full photos:
https://kristikronser.onehomesearch.site/RosevilleTurnKey

Enjoy! And please share or tag your friends in the comments if they might be interested.

Presented by Kortney Williams-Realtor Realty ONE Group Complete

11/29/2023

Home Prices Still Growing – Just at a More Normal Pace

If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise. Some people are still saying prices are falling, even though data proves otherwise. Part of that misconception is because people are getting their information from unreliable sources. But it’s also coming from some media coverage misrepresenting what the data really shows.

So, to keep things simple, here’s what you really need to know using real data you can trust.

Normal Home Price Seasonality Explained

In the housing market, there are predictable ebbs and flows that happen each year. It’s called seasonality. Spring is the peak homebuying season when the market is most active. That activity is typically still strong in the summer but begins to wane as the cooler months approach.

Home prices follow along with seasonality because prices appreciate most when something is in high demand. That’s why there’s a reliable long-term home price trend. The graph below uses data from Case-Shiller to show the typical percent change for monthly home price movement from 1973 through 2022 (not adjusted, so you can see the seasonality in the first graph).

As the data shows, at the beginning of the year, home prices grow, but not as much as they do when entering the spring and summer markets. That’s because the market is less active in January and February since fewer people move in the cooler months. As the market transitions into the peak homebuying season in the spring, activity ramps up, and home prices go up a lot more in response. Then, as fall and winter approach, prices still grow, just at a slower pace as activity eases again.

This Year, Seasonality Has Returned
Now, let’s look at how this year compares to that long-term trend (see second graph below).

Here’s the latest data for this year from that same source. Just like before, the dark bars are the long-standing trend. The green bars represent what’s happened this year. As you can see, the green bars are beginning to fall in line with what’s normal for the market. That’s a good thing because it’s more sustainable price growth than we’ve seen in recent years.

In a nutshell, nationally prices aren’t falling, it’s just that price growth is beginning to normalize. Moving forward, there’s a chance the media will misrepresent this slowing of home price growth as prices falling. So don’t believe everything you see in the headlines. The data included here gives you the context you need to really understand what’s happening. So, if you see something in the headlines that’s confusing, don’t just take it at face value. Ask a trusted real estate professional for more information.

Remember, it’s normal to see home price growth slow down as the year goes on. And that definitely doesn’t mean home prices are falling. They’re just rising at a more moderate pace.

Bottom Line
Home price appreciation is returning to normal seasonality and that’s a good thing. If you have questions about what’s happening with prices you can schedule a call, zoom or chat with me here: https://calendly.com/kristikronser/strategy-session

11/21/2023

Are There Actually More Homes for Sale Right Now?

If you’re looking to make a move, you want to be sure you have the latest information on the housing market. To help make that possible, here’s an update on the supply of homes for sale today. Whether you’re looking to buy or sell, the number of homes available in your local market matters to you. Take a look below.

What’s the Truth About Today’s Housing Inventory?
While the story for the past few years has been how few homes are on the market, recent national data may leave you feeling a bit confused. That’s because Realtor.com shows inventory is actually growing a bit month-over-month in many parts of the country (see the blue states in the map below).

As the map shows, nationally, housing supply increased just over 5% last month.

Does That Mean the Days of Limited Inventory Are Over?
That might make you wonder: are the days of tight housing supply behind us? The short answer is no. Context is important. While you may see headlines saying inventory is up, data also shows there are still significantly fewer homes for sale than there would usually be in a more normal market.

The graph below compares the latest active listing counts (homes currently available for sale) with the most recent normal years in the housing market (2017-2019).

As Lance Lambert, Founder, ResiClub Analytics, explains:

“Housing market inventory is so far below pre-pandemic levels that October’s big jump is still just a drop in the bucket.”

What does that mean for you? Remember, real estate is hyper-local. Partnering with a trusted real estate agent will help you gain a better understanding of the inventory situation in your specific market.

If you’re looking to buy, you may have slightly more options than you did in recent months, but you still need to brace for low inventory. A great agent will be able to share their expertise and key strategies that have helped other buyers navigate today’s ongoing low housing supply.

And, if you’re trying to sell, rest assured you haven’t missed your window of opportunity to potentially get multiple offers or see your house sell quickly. While inventory has ticked up some nationally, overall, it’s still low and may be down even more in your area.

Bottom Line
If you’re looking to buy or sell a home, and are in the United States schedule a strategy session with me to lay out the best plan of action, visit the link below to put yourself in my calendar. We can meet in person, on the phone, or via Zoom.
https://calendly.com/kristikronser/strategy-session

11/15/2023

If you are considering making a move in the next two years and you would like to set up a strategy session with me to lay out the best plan of action, visit the link below to put yourself in my calendar. We can meet in person, on the phone, or via Zoom.

https://calendly.com/kristikronser/strategy-session

*Open to those anywhere in the U.S.

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11/15/2023

The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what’s ahead for the housing market.

Spoiler alert: the projections may be better than you think.
Here’s why.

Experts Forecast Ongoing Home Price Appreciation
Take a look at the latest home price forecasts from Fannie Mae, the Mortgage Bankers Association (MBA), and the National Association of Realtors (NAR) (see green graph below) :

As you can see in the orange bars on the left, on average, experts forecast prices will end this year up about 2.8% overall, and increase by another 1.5% by the end of 2024. That’s big news, considering so many people thought prices would crash this year.

The truth is, prices didn’t come tumbling way down in 2023, and that’s because there just weren’t enough homes for sale compared to the number of people who wanted or needed to buy them, and that inventory crunch is still very real. This is the general rule of supply and demand, and it continues to put upward pressure on prices as we move into the new year.

Looking forward, experts project home prices will continue to rise next year, but not quite as much as they did this year. Even though the expected rise in 2024 isn’t as big as in 2023, it’s important to understand home price appreciation is cumulative. In simpler terms, this means if the experts are right, according to the national average, after your home’s value goes up by 2.8% this year, it should go up by another 1.5% next year. That ongoing price growth is a big part of why owning a home can be a smart decision in the long run.

Projections Show Sales Should Increase Slightly Next Year
While 2023 hasn’t seen a lot of home sales relative to more normal years in the housing market, experts are forecasting a bit more activity next year.

Here’s what those same three organizations project for the rest of this year, and in 2024 (see blue/grey graph below):

While expectations are for just a slight uptick in total sales, improved activity next year is a good thing for the housing market, and for buyers and sellers like you. As people continue to move, that opens up options for hopeful buyers who are looking for a home.

So, what do these forecasts show? The housing market is expected to be more active in 2024. That may be in part because there will always be people who need to move. People will get new jobs, have children, get married or divorced – these and other major life changes lead people to move regardless of housing market conditions. That will remain true next year, and for years to come. And if mortgage rates come down, we’ll see even more activity in the housing market.

Bottom Line
If you’re thinking about buying or selling, it’s important to know what the experts are forecasting for the future of the housing market. When you’re in the know about what’s ahead, you can make the most informed decision possible. Schedule a call or zoom with me here https://calendly.com/kristikronser/strategy-session to chat about the latest forecasts, and craft a plan for your next move.

10/06/2023

❗️Coming soon❗️
North Auburn beauty!
4 bed
3 bath
3384 sqft
List price $1,299,000
For private showing call or text 805-215-4360

10/03/2023

Going to take a peak at this Auburn beauty tonight! What are MUST have's in a home for you?

Property for $925,000. Absolutely stunning from the first moment you walk through the front door, with soaring windows and two sets of glass doors opening to the sparkling pool and filtered views across the American River Canyon. And the inside rivals the outside with a gorgeous kitchen highlighted....