Zillow’s Post

Excellent insight!

Some Real Estate Markets are beginning to shift towards buyers being in more control with price reductions, higher inventory and less buyer competition.

This video delves into Zillow's latest real estate trends and analyses, leveraging Zillow's comprehensive database to offer a detailed snapshot of the current state of the U.S. housing market. The Zillow housing market update March 2024 addresses topics from examining the historical context of home availability to interpreting the implications of rental rate adjustments, we provide insights essential for making informed decisions in today's Zillow real estate landscape. https://lnkd.in/dhiD69yg #zillow #housingmarket 

🏠📈 People keep asking me, “How’s the market?” And I keep saying, “It's great!” Because it is. Locally, we’re seeing more inventory and more demand… Aka: more homes on the market and more buyers buying. Lots of listings are receiving multiple offers, but buyers aren’t offering crazyoverasking prices. Thank goodness. Georgetown is always 3-4 months behind Austin’s market trend, so I expect to start seeing multiple offer situations in April here. 2024 is going to be a great year to buy and sell. And I predict that 2025 is going to be a year of double digit gains in appreciation…so this is your year to buy if you want a good price! If you want the data for your neighborhood/house, DM me and I’m happy to pull that for you. 💬🔍 #georgetowntx #GeorgetownTXHomes #GeorgetownRealEstate #GeorgetownTXLiving #GeorgetownTXProperties #GeorgetownTXCommunity #GeorgetownTXNeighborhoods #GeorgetownTXHomeSearch 

Interesting stats from Zillow on markets across the country. As I always say - real estate is LOCAL! So when you hear the news understand that they’re talking in broad strokes! Check out Atlanta, GA Up 3.7% year to date and up 51.4% since 2020 The shift from the 2022 peak is less than 1% Austin is down over 19% #RealEstateMarket #realestatestats #realestateexpert

Zillow's Value Estimates: A Beginning, Not the End! Their figures rely on a mix of data. Special features, locale, and market trends count. But remember, it's not an appraisal! First-timers, proceed with caution. #ZillowEstimates #Zestimate #HomeValueInsights #RealEstateAdvice #MarketAwareness #FirstTimeBuyer #SmartChoices #HomeBuyingTips #PropertyMarket #KnowTheDifference #TipTuesday

Year over year, new listings were up 12.6% in May, a stark contrast from the 22.8% drop in new inventory in the same month last year. Among the largest cities in the country, new listings rose the most on an annual basis on the West and in the South; San Diego saw the biggest influx with listings up 32.5% year over year, per Zillow data, followed by Seattle (31.4%), Charlotte (30.4%), Raleigh (29.1%) and San Francisco (29.0%). Good news and the above data offers some optimism that the real estate market is beginning to unlock inventory!

Zillow's Value Estimates: A Beginning, Not the End! Their figures rely on a mix of data. Special features, locale, and market trends count. But remember, it's not an appraisal! First-timers, proceed with caution. #ZillowEstimates #Zestimate #HomeValueInsights #RealEstateAdvice #MarketAwareness #FirstTimeBuyer #SmartChoices #HomeBuyingTips #PropertyMarket #KnowTheDifference #TipTuesday

🔑 In the realm of real estate, keys become emblems of empowerment. They unlock not only physical doors but also the boundless potential within us. Did you know? Around 1 in 4 people still think homes prices are going to fall according to Fannie Mae. A lot of that is because of clickbait headlines. But the actual data shows prices are rising nationally, not falling. Have questions about what you’re reading? I'm here to help clear up any confusion. #realestateagent #expertanswers

Sellers may still have a slight edge nationally, but Zillow's market heat index shows a balanced market may be on the horizon, with inventory piling up and price cuts rising. Whether you’re a buyer or a seller, check out the June Market Report for the latest data: https://lnkd.in/ePZnCVJG #HousingMarket #Zillow