A podcast about life, the universe and anthropology produced by David Boarder Giles, Timothy Neale, Cameo Dalley, Mythily Meher and Matt Barlow. Each episode features an anthropologist or two in conversation, discussing anthropology and what it has to tell us in the twenty-first century. This podcast is made in partnership with the American Anthropological Association and with support from the Faculty of Arts & Education at Deakin University.
…
continue reading
Konten disediakan oleh Mary Peacock. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Mary Peacock atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Player FM - Aplikasi Podcast
Offline dengan aplikasi Player FM !
Offline dengan aplikasi Player FM !
Summer 2018 Morley Home Price Update
MP4•Beranda episode
Manage episode 213070419 series 1848061
Konten disediakan oleh Mary Peacock. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Mary Peacock atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
This summer might be the last opportunity for you to take advantage of rising home prices and high demand. Here’s why.
Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Summer is here, which means the high season for real estate. If you've been thinking of selling your home, you might be in for a golden moment.
However, it might not last long. Let me explain why, with a few details of the current real estate market.
Right now, homes are selling in record time. This May, it took just 34 days on average for a home to go under contract, which broke last year's record of 36 days.
Home prices also continue to rise. In fact, they've been rising for six straight years. For the past two years, this growth has been accelerating. As a consequence, 27.6% of the homes sold in May sold above their list price.
All of this is due to a woefully short supply of homes on the market. In fact, the total supply of homes is 5.4% lower this year than it was at the same time last year.
Demand and prices are still high (for now).
However, the real estate market might be on the cusp of change. Mortgage rates have been rising, and now stand near their highest levels in seven years. As a result, pending home sales were down as of April. A recent Redfin survey also found a drop in customers touring homes for the first time in 27 months.
What's going on? The home price surge might be nearing its end. Overall, home affordability is dropping: Over the past six years, there has been a 48% increase in average home prices, while wages increased only 14%.
While some sellers are still managing to sell at higher prices than listed, nearly a quarter of sellers actually had to lower their prices this April.
If you do decide to sell right now, you would have an easy time of it, and you could get top dollar for your home. That's because demand and prices are both still high.
If you decide to wait, things might go south quickly. That’s because the market may be reaching the limits of price growth and may be stalled by higher mortgage rates.
If you want to take advantage of current conditions by buying or selling a home any time in the near future, don’t hesitate to reach out and give me a call or send me an email today. I look forward to hearing from you soon.
20 episode
MP4•Beranda episode
Manage episode 213070419 series 1848061
Konten disediakan oleh Mary Peacock. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Mary Peacock atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
This summer might be the last opportunity for you to take advantage of rising home prices and high demand. Here’s why.
Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Summer is here, which means the high season for real estate. If you've been thinking of selling your home, you might be in for a golden moment.
However, it might not last long. Let me explain why, with a few details of the current real estate market.
Right now, homes are selling in record time. This May, it took just 34 days on average for a home to go under contract, which broke last year's record of 36 days.
Home prices also continue to rise. In fact, they've been rising for six straight years. For the past two years, this growth has been accelerating. As a consequence, 27.6% of the homes sold in May sold above their list price.
All of this is due to a woefully short supply of homes on the market. In fact, the total supply of homes is 5.4% lower this year than it was at the same time last year.
Demand and prices are still high (for now).
However, the real estate market might be on the cusp of change. Mortgage rates have been rising, and now stand near their highest levels in seven years. As a result, pending home sales were down as of April. A recent Redfin survey also found a drop in customers touring homes for the first time in 27 months.
What's going on? The home price surge might be nearing its end. Overall, home affordability is dropping: Over the past six years, there has been a 48% increase in average home prices, while wages increased only 14%.
While some sellers are still managing to sell at higher prices than listed, nearly a quarter of sellers actually had to lower their prices this April.
If you do decide to sell right now, you would have an easy time of it, and you could get top dollar for your home. That's because demand and prices are both still high.
If you decide to wait, things might go south quickly. That’s because the market may be reaching the limits of price growth and may be stalled by higher mortgage rates.
If you want to take advantage of current conditions by buying or selling a home any time in the near future, don’t hesitate to reach out and give me a call or send me an email today. I look forward to hearing from you soon.
20 episode
Semua episode
×Selamat datang di Player FM!
Player FM memindai web untuk mencari podcast berkualitas tinggi untuk Anda nikmati saat ini. Ini adalah aplikasi podcast terbaik dan bekerja untuk Android, iPhone, dan web. Daftar untuk menyinkronkan langganan di seluruh perangkat.