Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years


The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so. Your house would be welcome in a market that has fewer homes for sale than it did in the years leading up to the pandemic.

According to the latest Monthly Housing Market Trends Report from realtor.com:


“There were 65.5% more homes for sale in January compared to the same time in 2022. This means that there were 248,000 more homes available to buy this past month compared to one year ago. While the number of homes for sale is increasing, it is still 43.2% lower than it was before the pandemic in 2017 to 2019. This means that there are still fewer homes available to buy on a typical day than there were ...

Should I Consider Selling My Short-Term Rental Property?
The travel industry has changed significantly over the past decade. With the popularity of vacation rentals advertised by such sites as Airbnb, VRBO, and Home Away, travelers have more options than ever for lodging during their vacation. Unfortunately, 2020 has seen a serious decline in travel due to the COVID-19 crisis and many owners of these short-term rental properties are wondering what to do.
If you have a short-term rental property, you might be wondering if this is the right time to sell. Here are a few considerations as you weigh your options:
Long-Term Goals – While travel is down significantly right now, this slump won’t last forever. If this property is part of your overall investment portfolio which makes sense for the long run, consider other strategies to keep the rental. If you have a mortgage, speak to your lender about payment options during this time.
Housing Inventory and Local Home Prices ; ...

Happy Friday Top 10 Readers! We have added another 18 readers this week – spanning from Colorado, to Miami, to Nashville and all the way to Connecticut! Welcome friends.

 

This week has been busy along the Emerald Coast – Spring break is here and in full swing!

 

Congrats to Ken and Belinda! This week they closed on their gorgeous 5 bedroom house w/ amazing waterviews. A 3 story house w/ an open kitchen and 28 ft ceilings in the 1st floor living room. An Unbelievable sight to see when you first walk in the front door. This closing was one of a kind, but throughout the whole process they stayed faithful and together we reached the finishing line. Congrats!

 

Congrats to Stacie! Lemme tell you this story. Stacie wanted a 3 bedroom in a particular area on 30A. I found 4 and wrote 4 offers…but the seller’s were starting to get stingy with our offers and trying to make it hard. We got frustrated. Like….to the pok ...

I was fortunate to represent the buyers on this incredible gulf front home. This home was off market when we began our search. Johnathon Spears of Scenic Sotheby's represented the sellers and together we were able to make this happen.  This home is truly special, concrete construction and every detail was thought out from the inside out.  I have lived on the Emerald Coast for a few decades now and I have seen some incredible homes, but what stood out for me this time was this location.  While this home is outstanding - the way this home is positioned, it is like you are stepping back in time a bit.  It feels secluded yet directly on the beach.  With native vegetation along the walkover to private beach front access this is just a unique property.  I can't wait for the new owners to put their touch on this piece of paradise - the journey for them has just begun. I see some incredible sunsets in their future.  


David Warren Photography ...

We are delighted to announce that RealJoy Properties was voted Best Residential Real Estate in Destin! We really value this distinction, as it was voted on by our local community. We continually strive to offer personal and professional service and walk our clients through all aspects of the buying and selling process.