Jason Maniecki’s Post

Florida Market Update: Trends You Need to Know! 📊 Thinking of selling? 🏡 Find out how market trends impact your timing! 📅 📉 New Listings: New listings have decreased by 10% month over month and year over year. 📈 Active Listings: Inventory levels have increased slightly from the previous month and are up by 39% compared to last year. 🔻 Units Sold: The number of units sold decreased from the previous month and is down by 15% year over year. 💰⬇️ Total Sales Volume: Total sales volume has decreased by 17% month over month and by 15% year over year. ⏳🕒 Average Days on Market: The average days on market have increased month over month and are up by 41% compared to the previous year. ⏫ 💡Understanding these trends can help you make informed decisions and maximize the value of your property. An increase in active listings and average days on market might indicate a more competitive environment for sellers. On the other hand, the decrease in new listings and units sold suggests a shifting market landscape. Stay informed to stay ahead!

Why Did More People Decide To Sell Their Homes Recently? This year, mortgage rates came down at the same time the number of homes on the market usually starts to decline. So, what happened? More homeowners decided to sell, so more homes came to the market. The most recent data from Realtor.com reveals that in September, the number of homes put up for sale increased by 11.6% compared to this time last year. Ralph McLaughlin, Senior Economist at Realtor.com, explains why there was an unseasonable rise: “This sharp increase is largely due to the decline in mortgage rates in mid-August, enticing homeowners to sell.” So, as rates came down at the end of the summer, more people jumped into the market and decided to make their move. What Does This Mean If You’re Looking To Buy a Home? It means more fresh options to choose from than you’ve had in a while – not the ones that have been sitting around, unsold. Why Buy Now... #expertanswers #stayinformed

The Benefits of Using Your Equity To Make a Bigger Down Payment Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the median down payment has too. According to the latest data from Redfin, the typical down payment for U.S. homebuyers is $67,500—that’s nearly 15% more than last year, and the highest on record. Here’s why equity makes this possible. Over the past five years, home prices have increased significantly, which has led to a big boost in equity for current homeowners like you. When you sell your house and move, you can take the equity that gives you and apply it toward a larger down payment on your new home. That’s a major opportunity. Now, it’s important to remember you don’t have to make... #powerfuldecisions #confidentdecisions

Why Now’s Not the Time To Take Your House Off the Market Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could actually cost you. Here’s a look at why staying the course could be the smarter move. Other Sellers Are Pulling Back. Should You Hold Off Too? According to recent data from Altos Research, the number of withdrawals is increasing – that means more sellers are opting to pull their listings off the market right now. And this isn’t unusual for this time of the year. In the housing market, there are seasonal ebbs and flows. Inventory levels typically start to drop off a bit headed into the fall season as some sellers delay their plans until the new year. Today’s Buyers Are Serious and Ready To Act The... #sellyourhouse #realestate

If you have a tighter homebuying budget but are eager to get your foot in the homeownership door, don’t rule out townhomes and condos. They’re usually more modest in size, but that can come with the advantage of being easier on your wallet. Plus, there are more available right now. Let’s chat so I can show you what’s for sale in our area. #townhomes #homebuyingtips

Two Reasons Why the Housing Market Won’t Crash You may have heard chatter recently about the economy and talk about a possible recession. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash right now. 1. Demand for Homes Is Higher than Supply One of the biggest reasons the housing market crashed back in 2008 was an oversupply of homes. Today, though, it’s a very different story. It’s a general rule of thumb that a market where supply and demand are balanced has a six-month supply of homes. A higher number means supply outpaces demand, and a lower number means demand outpaces supply. 2. Unemployment Is Still Low When people are unemployed, they’re more likely to have trouble making their mortgage payments and may be forced to sell or face foreclosure. That was a big problem during the 2008 financial crisis. Today, the employment situation is much more stable. Right now... #expertanswers #stayinformed

Have you heard? In 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment. If you want to compare buying and renting a home in our area, DM me and let’s take a look together. #homebuying #rentorbuy

Buying Beats Renting in These Top Cities Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment. To see what makes the most sense for you, let’s sit down and crunch the numbers together. You may find you have the opportunity to forget renting for good. #homebuying #rentorbuy

Worried about a housing market crash? Here's why supply and demand show you don't need to be. In a balanced market, we see about a 6 months’ supply of homes for sale – meaning supply and demand is about equal. Back in the 2008 crash, that jumped way up to 13 because there were too many homes for sale. And today, we have only a 4.2 months’ supply. This shows we're not even back to normal – and we’re really far off of what happened in 2008. That’s why a crash isn’t expected. #housingcrash #supplyanddemand

Thinking about pulling your house off the market until next year? Think again. Buyers who look during the fall season are serious and eager to move quickly, especially now that mortgage rates are down from their recent peak. So, don’t miss out. Keep your home listed to attract motivated buyers who are ready to negotiate and want to close fast. #sellyourhouse #realestateadvice