Coker Realtor

Did home prices just hit a turning point?

Even though all the headlines out there make it sound like prices are crashing, here’s what the data really says.

Yes, price growth cooled from around 7% in mid-2024 to closer to 3% today. But that’s not a crash. It’s just a slowdown.

And if you look at the right side of this graph, it seems like price growth may have hit its low point and started to turn.

Now, two months of data doesn’t necessarily make a trend. But a few things back this up.

Compared to earlier this year, fewer markets are seeing price declines right now. And, forecasts call for price growth to pick up a bit before end of year.

Whether you’re buying or selling, I want you to have breaking info like this as soon as I have it – especially when it looks like something is changing.

DM me "PRICES" and I'll show you exactly what home prices are doing in our local market and what that means for you.

Home Price Growth Slowed Down. That May Be Changing.

Home price growth slowed way down, and now it's showing early signs of picking back up. Whether you're buying or selling, let's connect so you can see exactly what prices are doing in our local market and what that means for your plans.

Home Price Growth Slowed Down. That May Be Changing. After more than a year of headlines talking about how home prices are going to crash, the latest data shows that price growth may be starting to pick back up again.

Putting off selling because it feels like the market’s at a standstill and no one’s buying right now?

Sure, the pace has cooled in some areas recently. But houses are still selling all the time. In fact, more than 4 million will sell this year.

Do a little math, and that works out to over 11k sold every day, almost 470 an hour, and about eight every minute.

So, don’t count your house out. Another home just sold as you were reading this – let’s make the next one yours.

Priced Out? A Condo or Townhome Could Be Your Way In.

A condo or townhome could be your path to owning a home without blowing your budget. Let’s connect to see what's for sale in our area and figure out which type of home fits your lifestyle, and your bottom line.

Priced Out? A Condo or Townhome Could Be Your Way In. Today's home prices have a lot of buyers – especially first-time buyers – wondering if there’s even anything out there that’s in their budget.

If you’ve been house-hunting lately, you know the struggle. High prices. And too few homes to choose from.

But this Summer, the tide may be turning in your favor.

Nationally, the median asking price is about $11,000 below where it was a year ago. A sign sellers are meeting buyers where they’re at.

And the number of homes for sale just hit its highest point for any June since 2022.

This doesn’t mean a crash is coming – lower list prices and more options just mean you have more room to find a home that fits your budget and your needs.

So, if you’ve been waiting for the right moment to buy, this might be it. DM and let's look.

For most people, their first house was never meant to be their forever home. It was meant to be a stepping stone to whatever came next.
And today's market is creating an interesting opportunity for homeowners who are ready to move up.
Starter homes are still in short supply, which means the house you're selling may be exactly what another buyer has been hoping to find.
At the same time, there are more move-up homes on the market than buyers have had to choose from in years.
Throw in the equity you've likely built over the years, and moving up may be more realistic than you think.
If your current home no longer fits your life, let's talk about what your next chapter could look like.

Headlines highlighting rising foreclosures have a way of stirring up 2008 flashbacks. But the data says not to panic.

We’re nowhere near what happened back then.

In the first half of 2008, foreclosures were filed on over 1.3 million homes. The first half of this year that number was less than 250k.

Now, seeing any homeowner go through this is hard. There’s no arguing that.

But just looking at the market as a whole, we’re a long way from crash territory – even with the recent uptick. So, don’t let the headlines stir up fear.

More Homes, Better Prices: A Buyer’s Summer

If a tight budget or a thin selection has kept you from buying a home, now might be the time to restart your search.

Ready to see what’s available here? Let’s connect.

More Homes, Better Prices: A Buyer’s Summer If you’ve thought about buying a home in the past few years, you may have run into two frustrations: asking prices that kept climbing and too few homes to choose from.

For the 14th year in a row, Americans say real estate is the best long-term investment.

Think about that. Through rising rates, market swings, and all the noise, real estate keeps taking the top spot. That kind of staying power is hard to argue with.

And it makes sense. A home is the one investment that grows your wealth and gives you a place to build your life.

So, what would you pick as the best long-term investment? Drop it in the comments.

And if buying a home is on your mind, send me a message. Let’s talk about what that first step could look like.

Think Nobody's Buying Homes Right Now? Think Again.

This year's housing market may be moving slower than many of us hoped. But, buyer demand is more resilient than the headlines suggest.

If you're wondering whether there are enough buyers for your house, let's connect. I'll show you what's happening in our local market and build a strategy that helps you take advantage of the momentum that's already here.

Think Nobody's Buying Homes Right Now? Think Again. If you've been thinking about selling, you've probably seen plenty of headlines suggesting buyers have just about disappeared.