The markets are showing some more increased activity as mortgage rates are continuing to trend downward.  The FED is meeting on September 17-18th! All Real Estate is local.  Here is a snapshot of our current local market and the trends to pay attention to.   Current Active Listings (All Types) 3055 Up 1% from last month & up 17% […] The post September Monthly Market Check In first appeared on Paramount Real Estate Services. The post September Monthly Market Check In appeared first on Paramount Real Estate Services ..read more

The markets are showing different storylines as we head into the Summer months.  This time of year should be our busiest, however it is not performing as expected.  All Real Estate is local.  Here is a snapshot of our current local market and the trends to pay attention to.  As always there is quite a bit […] The post July Monthly Market Check-In first appeared on Paramount Real Estate Services. The post July Monthly Market Check-In appeared first on Paramount Real Estate Services ..read more

Happy Summer!  We’re a bit early, but always ahead of the game.  We hope you are enjoying the warmer weather.  Real Estate is local.  Here is a summary of our market over the last month. Current Active Listings (All Types) 2713 Up 8% from last month & up 21% from this time last year Current Pending Listings 1169 Up 2% from last month & down 4% from this time last year Sold Listings Last Month 800 Up 6% from last month & up 4% from this time last year New Listings Last Month 1340 Up 5% from last month & up 7% from this time last year ..read more

 The weather is turning warmer and activity is picking up, although dampered a bit from a ‘normal’ Spring selling season.  Real Estate is local.  Here is a summary of our market over the last month. Current Active Listings (All Types) 2513 Up 8% from last month & up 24% from this time last year Current Pending Listings 1148 Up 7% from last month & down 1.5% from this time last year Sold Listings Last Month 750 Up 19% from last month & up 14% from this time last year New Listings Last Month 1276 Up 12% from last month & up 21% from this tim ..read more

There are many moving parts to a full Real Estate transaction. These are some items that we manage so you don’t have to. REPRESENTING BUYERS Provide fiduciary responsibilities to our buyers through agency laws Understanding Real Estate contracts and contract law Stay on top of market trends, statistics and changes to bring valuable information to our buyers Manage all details of the transaction protecting buyers’ timelines, deadlines and contingencies Financial & time investments up front for researching and viewing properties for sale Protecting buyers’ interests so they are not in defau ..read more

There are many moving parts to a full Real Estate transaction. These are some items that we manage so you don’t have to. REPRESENTING SELLERS Provide fiduciary responsibilities to our sellers through agency laws Understanding Real Estate contracts and contract law Stay on top of market trends, statistics and changes to bring valuable information to our sellers Manage all details of the transaction protecting clients timelines, deadlines and contingencies Vetting potential buyers to ensure the safety of sellers & their property Protecting clients’ interests so they are not in default of co ..read more

Activity is always expected to pick up in the Springtime, however this year it appears to be either delayed for the most part, or we won’t see the big activity increase like we typically do.  We are seeing the number of sales increase a little, however with it being an election year and interest rates as high as they are comparable to over the last 15 years, it wouldn’t be surprising if our Spring and Summer selling seasons were pushed down a bit.  We will probably see a selling season similar to last year.The CPI Report that came out yesterday shows inflation rose .04% in March and ..read more

Consumers just keep spending with the recent CPI report showing an increase in inflation of .4% from last month and up 3.8% on the year and 3.2% from this time last year.  The FED is still a ways from their 2% target and they are continuing to unload their balance sheet which has more of an effect on mortgage rates.  This is an interesting site,  https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm The disparity between consumer debt and savings continues to be a major problem.  Many folks seem to be riding the wave of the past few years wh ..read more

2023 was the year of resiliency as mortgage rates increased on average from 6.12% in January to 7.5% as late as October, but now are currently hovering around 6.62% for a 30 year fixed mortgage.  Rates have dropped over 12% in the last two months.  Many people are seeing this trend and are anticipating rates to continue to drop further.  Nonetheless, every time rates drop we see a bit of activity increase.  More demand will continue to surface, the further rates drop.  Average Days on Market is around 87 days from listing to completed sale.&nbs ..read more

What We Do There are many moving parts to a full Real Estate transaction. These are some items that we manage so you don’t have to. GENERAL REPRESENTATION Provide fiduciary responsibilities to our clients through agency laws Understanding Real Estate contracts and contract law Stay on top of market trends, statistics and changes to bring valuable information to our clients Manage all details of the transaction protecting clients timelines, deadlines and contingencies Financial & time investments up front for marketing and exposing properties for sale Vetting potential buyers to ensur ..read more