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Sept. 21, 2023

Houston Real Estate Market — September 2023

Houston Market Report, September 2023

Insights into the Houston Market for September 2023

In September, Houston's real estate market has been a rollercoaster. New listings increased by 15% compared to last year, and sales rates went up by 2.8%. Despite the increased inventory, sellers are still having the upper hand, with 95% getting their asking price or more. So, what's the scoop?

Houston Home Buyers

Buyers, listen up! More choices are out there, but competition is still fierce. You need to have your priorities in check and be ready to make an offer quickly. Know the market and don't hesitate.

Houston Home Sellers

Sellers, this isn't 2021 anymore. While you've still got a good shot at getting your asking price, it’s key to keep your home and price competitive. Understanding the market conditions is crucial.

Mike Brombacher, Houston, TX Realtor, Broker, Real Estate Agent

Your Top Houston Agent

Mike Brombacher

Posted in Market Updates
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Aug. 22, 2023

Geeky Market Report July 2023 — Reno & Sparks, NV

Reno Market Report, July 2023

Thoughts for the July 2023 Market

In July, the housing market remained strong for sellers, and that is because inventory continues to be low. In comparison to last July, this year new listings are down 26%, while sales are up 1.4%. Also, the number of homes available for purchase is down 43% down from where it was last July. This lack of inventory is giving sellers a competitive edge in this market. On average, sellers are receiving 98.9% of their list price. Also, 19.4% of sellers are getting above their list price. So, what does this mean?

Reno Home Buyers

For buyers - There is little to no inventory, and choices are slim. This will require you to have clearly defined needs and goals so you know what you can and can't compromise on. Also, when offering on properties, it is important to know if you are competing with other buyers, so you can structure your offer appropriately.

Reno Home Sellers

For sellers - Though the market is strong, it is important to remember that it is not the same market we saw in 2021. Just over 80% of sellers are getting at or below their list price. This means you need to know what other homes you're competing with. Also, it is imperative to make sure that the condition of your home, and the listing price are in line with the market. Overall, the market is still strong, and will continue to be until more inventory is available.

Reno, NV Media Price Point, July 2023

Reno Median Price Point in July 2023

The median house price in Reno fell to $600,000 in July 2023. This represents a decrease of 3.1% from last month, but an increase of 0.8% from July 2022.

Sparks, NV Media Price Point, July 2023

Sparks Median Price Point in July 2023

In June the median house price for Sparks rose to $537,500. This is an increase of 0.5% from last month, but a 1.8% decrease from July 2022.

Reno & Sparks, NV Real Estate Inventory, July 2023

Inventory

During July, 610 homes and condos were added to the market. By the end of the month, 515 homes sold, leaving 934 listings available for purchase. At this rate of sale, if no other homes are added to the market, there would be enough inventory to satisfy buyer demand for 1.8 months.

Posted in Real Estate
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March 6, 2023

782 Tree Ln. West Chester, PA 19382

A fantastic West Chester, Pa Home for Sale

You've worked for it, you've earned it, you deserve all that 782 Tree Lane has to offer. Relish the feeling of accomplishment as you drive past unique & custom homes to arrive at this idyllic location. Lush landscape and mature trees encircle this updated 2 story semi-custom home. The grounds offer plenty of room for any sport or activity you wish to enjoy. Your outside paradise continues just steps from your backyard onto the walking trails and 26 acres of East Bradford Park.

Amenities for this West Chester Property

The outside beauty continues inside as you enter this home into the expansive 2 story entranceway with hardwood floors. Relax in the living room in front of the gas fireplace or step into the executive office showcasing Brazilian cherry hard wood floors and 3 walls of oversized windows that capture sunlight from all angles. After your work day is complete, continue into the updated kitchen and large eating area complete with stainless steel appliances, granite counter tops, hardwood floors. Whether preparing food for weekday meals or weekend entertaining, cooking is sure to be a pleasure with the double ovens and gas cooking. A formal dining room with wainscoting is off of the kitchen. The eating area offers access through french doors onto the side porch entrance off the driveway. From the kitchen, step into an inviting family room with a floor to ceiling stone, wood-burning fireplace and cathedral ceiling with exposed beams and skylight.

Walk outside through french doors onto the deck to enjoy the flora and fauna of this private back yard. A vaulted ceiling upstairs gives added dimension to the master suite which boasts a 3rd fireplace. The customized walk-in closet offers plenty of organized space. The gorgeous master bath will be your sanctuary. As you soak in the jacuzzi tub, enjoy the bright and airy feel of this completely remodeled bathroom featuring double sinks, French white cabinetry, custom wood working and skylight. The upstairs level is completed by 3 additional bedrooms and a beautifully renovated hall bath.

Walk-in attic access with plywood floors off the bedroom offers plenty of storage. The upgrades continue with NEW high efficiency windows throughout. You've enjoyed all your home has to offer and you're looking for a little fun, excitement and entertainment. In less than 10 minutes you can be strolling along the historic streets of West Chester Borough enjoying the small-town charm. Experience the multitude of restaurants, shops, parks and seasonal activities.

Doug & Jill Taylor Real Estate

Doug & Jill Taylor

Chester and Delaware County's Favorite Real Estate Couple

Looking to sell or buy the single largest asset of your lives? Doug and Jill Taylor, Unique Home Specialists, understand that no two transactions are alike. That's why we offer a tailored approach to each client, rather than a one-size-fits-all solution. Serving Chester and Delaware County, PA, we utilize our proprietary Home Evaluation Tool to help you get the current value of your home. As your trusted real estate team, we are committed to keeping you informed throughout the entire process, marketing your property to qualified buyers, and providing exceptional customer service. We strive to earn your trust and become your go-to referral for friends and family.

Posted in Real Estate
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Feb. 28, 2023

Benefits of Moving to Maui

If you're considering a move to Hawaii, Maui is a great place to start. The island of Maui is known for its natural beauty, warm weather, and laid-back lifestyle. It's no wonder that many people are considering buying Maui real estate and making the island their home.

Natural Beauty

One of the biggest draws of Maui is its natural beauty. From the stunning beaches to the lush rainforests and towering mountains, Maui has it all. The island is home to some of the most beautiful beaches in the world, including Kaanapali Beach, which has been named one of the best beaches in America. The island is also home to Haleakala National Park, which boasts a dormant volcano that provides breathtaking views of the island and the ocean.

Climate

Maui has a warm, tropical climate that is perfect for those who love sunshine and warm weather. The island has an average temperature of 75°F, and it rarely gets too hot or too cold. The trade winds provide a cool breeze, making even the hottest days comfortable. The warm climate and gentle breeze make Maui the perfect place for outdoor activities like hiking, surfing, and golfing.

Laid-back Lifestyle

Maui has a laid-back lifestyle that is perfect for those looking to escape the hustle and bustle of city life. The island's relaxed atmosphere and friendly locals make it easy to settle in and feel at home. The pace of life on Maui is slower than on the mainland, which can be a welcome change for those looking to escape the stress of everyday life.

Real Estate Investment

Investing in Maui real estate is a smart move for those looking to own a piece of paradise. The island's popularity as a vacation destination means that there is always a high demand for rental properties. This demand can provide a steady income stream for those looking to invest in real estate. Additionally, Maui's limited land availability and strict zoning laws ensure that the island's real estate market remains strong and stable.

Quality of Life

Living on Maui provides a high quality of life. The island has excellent schools, world-class healthcare facilities, and a strong economy. The island's small size means that everything is within easy reach, and you can easily find everything you need, from grocery stores to entertainment.

Culture

Maui has a rich cultural heritage that is celebrated throughout the island. The island is home to a vibrant arts and music scene, and there are many festivals and events that showcase the island's culture. The island's history is also on display, with many museums and historical sites that offer a glimpse into Maui's past.

In conclusion, Maui is an excellent place to live for those looking to escape the stress of everyday life and enjoy a laid-back lifestyle in paradise. With its natural beauty, warm climate, and strong real estate market, Maui offers a high quality of life for residents. If you're considering a move to Hawaii, Maui should be at the top of your list.

If you're considering a move to Hawaii, Maui is a great place to start. The island of Maui is known for its natural beauty, warm weather, and laid-back lifestyle. It's no wonder that many people are considering buying Maui real estate and making the island their home.

Natural Beauty

One of the biggest draws of Maui is its natural beauty. From the stunning beaches to the lush rainforests and towering mountains, Maui has it all. The island is home to some of the most beautiful beaches in the world, including Kaanapali Beach, which has been named one of the best beaches in America. The island is also home to Haleakala National Park, which boasts a dormant volcano that provides breathtaking views of the island and the ocean.

Climate

Maui has a warm, tropical climate that is perfect for those who love sunshine and warm weather. The island has an average temperature of 75°F, and it rarely gets too hot or too cold. The trade winds provide a cool breeze, making even the hottest days comfortable. The warm climate and gentle breeze make Maui the perfect place for outdoor activities like hiking, surfing, and golfing.

Laid-back Lifestyle

Maui has a laid-back lifestyle that is perfect for those looking to escape the hustle and bustle of city life. The island's relaxed atmosphere and friendly locals make it easy to settle in and feel at home. The pace of life on Maui is slower than on the mainland, which can be a welcome change for those looking to escape the stress of everyday life.

Real Estate Investment

Investing in Maui real estate is a smart move for those looking to own a piece of paradise. The island's popularity as a vacation destination means that there is always a high demand for rental properties. This demand can provide a steady income stream for those looking to invest in real estate. Additionally, Maui's limited land availability and strict zoning laws ensure that the island's real estate market remains strong and stable.

Quality of Life

Living on Maui provides a high quality of life. The island has excellent schools, world-class healthcare facilities, and a strong economy. The island's small size means that everything is within easy reach, and you can easily find everything you need, from grocery stores to entertainment.

Culture

Maui has a rich cultural heritage that is celebrated throughout the island. The island is home to a vibrant arts and music scene, and there are many festivals and events that showcase the island's culture. The island's history is also on display, with many museums and historical sites that offer a glimpse into Maui's past.

In conclusion, Maui is an excellent place to live for those looking to escape the stress of everyday life and enjoy a laid-back lifestyle in paradise. With its natural beauty, warm climate, and strong real estate market, Maui offers a high quality of life for residents. If you're considering a move to Hawaii, Maui should be at the top of your list.

If you're considering a move to Hawaii, Maui is a great place to start. The island of Maui is known for its natural beauty, warm weather, and laid-back lifestyle. It's no wonder that many people are considering buying Maui real estate and making the island their home.

Natural Beauty

One of the biggest draws of Maui is its natural beauty. From the stunning beaches to the lush rainforests and towering mountains, Maui has it all. The island is home to some of the most beautiful beaches in the world, including Kaanapali Beach, which has been named one of the best beaches in America. The island is also home to Haleakala National Park, which boasts a dormant volcano that provides breathtaking views of the island and the ocean.

Climate

Maui has a warm, tropical climate that is perfect for those who love sunshine and warm weather. The island has an average temperature of 75°F, and it rarely gets too hot or too cold. The trade winds provide a cool breeze, making even the hottest days comfortable. The warm climate and gentle breeze make Maui the perfect place for outdoor activities like hiking, surfing, and golfing.

Laid-back Lifestyle

Maui has a laid-back lifestyle that is perfect for those looking to escape the hustle and bustle of city life. The island's relaxed atmosphere and friendly locals make it easy to settle in and feel at home. The pace of life on Maui is slower than on the mainland, which can be a welcome change for those looking to escape the stress of everyday life.

Real Estate Investment

Investing in Maui real estate is a smart move for those looking to own a piece of paradise. The island's popularity as a vacation destination means that there is always a high demand for rental properties. This demand can provide a steady income stream for those looking to invest in real estate. Additionally, Maui's limited land availability and strict zoning laws ensure that the island's real estate market remains strong and stable.

Quality of Life

Living on Maui provides a high quality of life. The island has excellent schools, world-class healthcare facilities, and a strong economy. The island's small size means that everything is within easy reach, and you can easily find everything you need, from grocery stores to entertainment.

Culture

Maui has a rich cultural heritage that is celebrated throughout the island. The island is home to a vibrant arts and music scene, and there are many festivals and events that showcase the island's culture. The island's history is also on display, with many museums and historical sites that offer a glimpse into Maui's past.

In conclusion, Maui is an excellent place to live for those looking to escape the stress of everyday life and enjoy a laid-back lifestyle in paradise. With its natural beauty, warm climate, and strong real estate market, Maui offers a high quality of life for residents. If you're considering a move to Hawaii, Maui should be at the top of your list.

If you're considering a move to Hawaii, Maui is a great place to start. The island of Maui is known for its natural beauty, warm weather, and laid-back lifestyle. It's no wonder that many people are considering buying Maui real estate and making the island their home.

Natural Beauty

One of the biggest draws of Maui is its natural beauty. From the stunning beaches to the lush rainforests and towering mountains, Maui has it all. The island is home to some of the most beautiful beaches in the world, including Kaanapali Beach, which has been named one of the best beaches in America. The island is also home to Haleakala National Park, which boasts a dormant volcano that provides breathtaking views of the island and the ocean.

Climate

Maui has a warm, tropical climate that is perfect for those who love sunshine and warm weather. The island has an average temperature of 75°F, and it rarely gets too hot or too cold. The trade winds provide a cool breeze, making even the hottest days comfortable. The warm climate and gentle breeze make Maui the perfect place for outdoor activities like hiking, surfing, and golfing.

Laid-back Lifestyle

Maui has a laid-back lifestyle that is perfect for those looking to escape the hustle and bustle of city life. The island's relaxed atmosphere and friendly locals make it easy to settle in and feel at home. The pace of life on Maui is slower than on the mainland, which can be a welcome change for those looking to escape the stress of everyday life.

Real Estate Investment

Investing in Maui real estate is a smart move for those looking to own a piece of paradise. The island's popularity as a vacation destination means that there is always a high demand for rental properties. This demand can provide a steady income stream for those looking to invest in real estate. Additionally, Maui's limited land availability and strict zoning laws ensure that the island's real estate market remains strong and stable.

Quality of Life

Living on Maui provides a high quality of life. The island has excellent schools, world-class healthcare facilities, and a strong economy. The island's small size means that everything is within easy reach, and you can easily find everything you need, from grocery stores to entertainment.

Culture

Maui has a rich cultural heritage that is celebrated throughout the island. The island is home to a vibrant arts and music scene, and there are many festivals and events that showcase the island's culture. The island's history is also on display, with many museums and historical sites that offer a glimpse into Maui's past.

In conclusion, Maui is an excellent place to live for those looking to escape the stress of everyday life and enjoy a laid-back lifestyle in paradise. With its natural beauty, warm climate, and strong real estate market, Maui offers a high quality of life for residents. If you're considering a move to Hawaii, Maui should be at the top of your list.

Posted in Real Estate
no comments yet
March 1, 2022

Revitalizing Reno: A Closer Look at the Real Estate Market

Reno Market Report, July 2023

The "Biggest Little City in the World" is making big waves in the real estate market. Reno, Nevada, once known primarily for its casinos and entertainment, is now capturing the attention of investors and homebuyers alike with its dynamic real estate landscape. Whether you're considering relocating, investing, or just curious about the trends, this blog post will give you a comprehensive overview of the reinvigorated Reno real estate market.

1. The Reno Renaissance: A Thriving Market

In recent years, Reno has undergone a remarkable transformation. The city's proximity to Lake Tahoe's natural beauty, coupled with its vibrant arts scene and expanding job opportunities, has turned it into a sought-after destination. As a result, the real estate market has flourished. From historic neighborhoods with charming homes to modern downtown condos, Reno offers a diverse range of properties to suit various tastes and budgets.

2. Economic Factors Driving the Market

Several economic factors have contributed to Reno's real estate boom. The city's business-friendly environment has attracted tech companies and startups, creating a demand for housing as professionals move to the area. Additionally, Reno's lack of state income tax has proven attractive to both individuals and businesses, further boosting population growth and real estate demand.

3. Neighborhood Spotlight: Exploring Reno's Housing Diversity

a. Midtown Marvels: Reno's Midtown district has undergone a revival, transforming it into a hip and trendy area filled with boutiques, restaurants, and art galleries. This resurgence has also extended to its real estate market, with renovated historic homes and unique urban living spaces.

b. Suburban Serenity: Beyond the bustling downtown, Reno offers serene suburban living in areas like South Meadows and Northwest Reno. These neighborhoods boast modern homes, excellent schools, and proximity to outdoor recreational opportunities.

c. Luxury in the Foothills: The luxury market in Reno has seen remarkable growth, particularly in the foothill areas overlooking the city. These homes offer breathtaking views of the surrounding landscapes and the city lights below.

4. Investment Potential and Considerations

For real estate investors, Reno presents a promising opportunity. The city's expanding job market and growing population indicate a sustained demand for rental properties. Additionally, the presence of the University of Nevada, Reno, ensures a steady influx of students in need of housing.

However, like any investment, there are risks to consider. Fluctuations in the local economy, interest rates, and property taxes can impact the profitability of investments. It's crucial to conduct thorough research and potentially consult with local experts before diving into the market.

5. Navigating the Buying Process

If you're considering buying a property in Reno, understanding the buying process is essential. From mortgage pre-approval to closing, each step requires careful consideration. Partnering with a local real estate agent who knows the Reno market well can provide valuable insights and streamline the buying process.

Conclusion

Reno's real estate market is no longer just about gaming and entertainment; it's about opportunity, growth, and a diverse range of housing options. As the city continues to evolve, its real estate market remains an attractive prospect for both homebuyers and investors. Whether you're drawn to the charm of Midtown, the tranquility of the suburbs, or the luxury of the foothills, Reno's revitalized real estate landscape has something for everyone.

Posted in Local Info
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July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
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