Market Update And Statistics

Market Update And Statistics

There are currently 105 blog entries related to this category.

Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report June 2022 for Jean-Luc Andriot blog 062122

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their June 2022 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

Luxury Property Inventory Levels Increase – What is the Significance?
May saw a comparatively significant upward shift in the number of homes listed for sale, especially compared to the same period in 2021. This was not unexpected, as there has been a gradual increase of new listings and a slower escalation of price increases

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3 obstacles to new construction for Jean-Luc Andriot blog 061322

Existing home inventory is low—so build your own, right?

Unfortunately, it’s not always that simple.

New construction has slowed significantly due to worker and material shortages–causing challenges for homebuyers and builders alike.

1. Shortage of building materials
2. Lack of skilled workers
3. Scarcity of available land

However, there are options if you have your heart set on a brand-new build.
Contact us to discuss the current opportunities in our area.

Whether you’re searching for a new or existing home, we can help!

Jean-Luc Andriot
561-213-9008
JLA@GroupJLA.com

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Home prices are STILL climbing for Jean-Luc Andriot blog 060822

However, the rate of appreciation has begun to slow.


So what does that mean for you?

* Homebuyers: You may find that your income growth outpaces home prices, making homeownership more affordable for you in the future.

* Homeowners: If you’ve been waiting to maximize your sale price, now may be the perfect time to cash out.

Learn more about the current housing market and what it means for you in our new blog post.


 
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Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report May 2022 for Jean-Luc Andriot blog 052022

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their May 2022 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

The ebbs and flows of the luxury real estate market continue to be fascinating while still providing some unexpected twists and turns. At the beginning of 2022, experts had predicted a more traditional year, but reality tells a different story.
Much like actors, the players in the luxury real estate market need to have the

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Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report April 2022 for Jean-Luc Andriot blog 042022

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their April 2022 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

A Time for Innovation
Inventory continues to remain below traditional levels, even though there has been a slight increase in the number of new listings coming onto the market over the last few months.
Comparing March 2022 to March 2021, there was an overall 8.17% decrease in luxury single-family inventory despite a 15.20%

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Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report March 2022 for Jean-Luc Andriot blog 032122

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their March 2022 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

Examining the Demand for Luxury Real Estate
Over the last 18 months, the status of the real estate market, in particular the luxury sector, has been a hot topic across all news outlets, multi-media platforms, and within the industry itself.
Conversations have mainly focused on the variety of trends, with reviews covering a

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January 2022 - Jean-Luc Andriot - Blog Post Image

Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1

However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of 74.5% in April.2 While this trend could be attributed to seasonality, it could also be a signal that the real estate run-up may have passed its peak.

So what’s ahead for the U.S. housing market in 2022? Here’s where industry experts predict the market is headed in the coming year.

MORTGAGE RATES WILL CREEP UP

Most economists expect to see mortgage rates

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Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report December 2021 for Jean-Luc Andriot blog 122121

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their December 2021 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

'Tis the Season!
The holiday season is now truly upon us and that time old question “what do you buy someone who has everything?” is very common among the wealthy.
If you are hoping that we will reveal the best gifts for 2021, then our apologies, but this dilemma does highlight some very important changes in the priorities of

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Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report November 2021 for Jean-Luc Andriot blog 112221

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their November 2021 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

Although, the last quarter of 2021 is not expected to provide such dramatic increases in sales as 2020, there is a new significant trend currently impacting the luxury market.

Overall, the demand for luxury properties in North America is outpacing the supply of properties entering the market.

This explains why

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Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report February 2021 for Jean-Luc Andriot blog 022421

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their February 2021 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

529 Views, 0 Comments.