Hi Everyone, Happy New Year!!
A glance back and a look forward
As the New Year begins I am so excited for all the promise it holds. As we step into a new year, I’m thrilled to bring you updates on the ever-evolving real estate market, expert insights, and valuable tips to help you navigate the opportunities and challenges that lie ahead. Whether you’re a seasoned homeowner, a first-time buyer, or simply interested in the world of real estate, this blog is your trusted guide to making the most out of this exciting new chapter. Join me as we embark on this journey of discovery and growth in the world of real estate!
First a glance back with our 2023 Annual Market Report
Although our Monterey Peninsula was bustling this holiday season, the 4th quarter as a whole, was quieter. A realtor’s personal business is not always reflective of the general market and I was happy to be able to represent clients in the 4th quarter who were completing the first step to their real estate goals and dreams – several who were relocating to the Monterey Peninsula and another selling their home here to begin their own “next chapter” with new adventures in new places. My phone has begun to ring with clients asking questions about the real estate market and their thoughts of buying or selling in this new year. If you have similar goals, please call me!
Be sure to read our 2023 Annual Report above. You’ll notice that every city on the Peninsula experienced different activity. Some remained very strong and others were down a bit. Factors affecting the market were higher interest rates, macro-economic uncertainty, geopolitical concerns, and other distractions.
This is a very easy to read guide (compared to many I have seen) so if you have an interest in real estate on the Monterey Peninsula – this is a must read.
Future Outlook For Us in 2024?
The demand in our market remains high. After all, who wouldn’t want to live in this beautiful and amazing place. The good news is that interest rates are coming down and this should free up buyers and sellers to eagerly pursue their real estate goals which will provide more inventory for buyers and replacement homes for sellers.
Expert local insight can make or break a deal and can add significant value when demand, product and pricing is changing rapidly. Please reach out to me to discuss your goals or if you have friends or associates that need real estate help.
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As always, if I can help with any of your real estate needs, don’t hesitate to call me. I would love to help you achieve your goals, your desires, and your dreams.