The Great Resignation’s Effect on Florida Real Estate
The Great Resignation’s impact on home construction means that the value of Florida residents’ homes could see another double-digit price rate increase in 2022, according to a recent report from the CE shop: The Great Resignation’s Effect on Florida Real Estate.
This impact comes on top of a 70% decrease in inventory since the start of the pandemic:
Disappearing inventory
The Great Resignation — the name given to the enormous wave of workers quitting their jobs over the past year — is making headlines nationwide around 33 million Americans have quit their jobs since the spring of 2021.
Why Are Americans Leaving Their Jobs? (more…)
Open Houses Sunday February 27
Plenty of sun today but just a few Open Houses:
Click on these links for details: (more…)
New Listings in School Vacation week
Few New Listings – again:
Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings
Lynn New Listings
While inventory is always low at this time of year, this year it is really low:
February Inventory – Marco? Marco? Where are you?
And read these recent articles:
Federal Reserve: “Make me responsible…. but not yet”
Marblehead’s disappearing Inventory
Is Real Estate seasonal?
Earth to Federal Reserve: What are you waiting for?
Can the Federal Reserve prevent a Recession?
How Marblehead’s 2022 Property Tax Rate is calculated
Essex County 2022 Property Tax Rates: Town by Town guide
Guide to Buying and Selling in Southwest Florida
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or [email protected].
Andrew Oliver, M.B.E.,M.B.A.
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
__________________
Andrew Oliver, M.B.E., M.B.A.
Real Estate Advisor
[email protected]
www.TheFeinsGroup.com
www.OliverReportsFL.com
————
Compass
800 Laurel Oak Drive, Suite 400, Naples, FL 34108
m: 617.834.8205
Open Houses at the end of School Vacation week
Snow.. snow.. snow….and just a few Open Houses:
Click on these links for details: (more…)
New Listings mid-week February 23
Few New Listings – again:
Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings
Lynn New Listings
While inventory is always low at this time of year, this year it is really low:
February Inventory – Marco? Marco? Where are you?
And read these recent articles:
Federal Reserve: “Make me responsible…. but not yet”
Marblehead’s disappearing Inventory
Is Real Estate seasonal?
Earth to Federal Reserve: What are you waiting for?
Can the Federal Reserve prevent a Recession?
How Marblehead’s 2022 Property Tax Rate is calculated
Essex County 2022 Property Tax Rates: Town by Town guide
Guide to Buying and Selling in Southwest Florida
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or [email protected].
Andrew Oliver, M.B.E.,M.B.A.
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReports.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
__________________
Andrew Oliver
REALTOR® | Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers
Marblehead’s disappearing Inventory
For some time I have been publishing charts showing inventory in recent years, but this one goes back to 2010 on this date.
There are some 6,300 SFHs in Marblehead and currently just 2 of them are available for sale. It is hard to imagine a better time if you need to sell.
And read these recent articles:
Is Real Estate seasonal?
Federal Reserve: “Make me responsible…. but not yet”
Earth to Federal Reserve: What are you waiting for?
February Inventory – Marco? Marco? Where are you?
How Marblehead’s 2022 Property Tax Rate is calculated
Essex County 2022 Property Tax Rates: Town by Town guide
Guide to Buying and Selling in Southwest Florida
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 .
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of Oliver Reports . He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Sale, Beverly, Lynn and Swampscott.”
Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
m. 617.834.8205
www.OliverReportsMA.com
————————–
Andrew Oliver
Sales Associate | Market Analyst | DomainRealty.com
REALTOR®
Naples, Bonita Springs and Fort Myers
m. 617.834.8205
www.MarbleheadSouth.com
www.OliverReportsFL.com
Open Houses Sunday February 20
It will warm up and be close to 32F by the time of these Open Houses:
Click on these links for details: (more…)
New Listings week ending February 18
A few more New Listings – but not in Marblehead or Swampscott:
Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings
Lynn New Listings
While inventory is always low at this time of year, this year it is really low:
February Inventory – Marco? Marco? Where are you?
And read these recent articles:
Earth to Federal Reserve: What are you waiting for?
Can the Federal Reserve prevent a Recession?
How Marblehead’s 2022 Property Tax Rate is calculated
Essex County 2022 Property Tax Rates: Town by Town guide
Essex County 2022 Commercial Property Tax Rates: Town by Town guide
Guide to Buying and Selling in Southwest Florida
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or [email protected].
Andrew Oliver, M.B.E.,M.B.A.
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReports.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
__________________
Andrew Oliver
REALTOR® | Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers
Open Houses weekend February 19/20
Seasonal weather this weekend for a change for these Open Houses:
Click on these links for details: (more…)
Federal Reserve: “Make me responsible…. but not yet”
With apologies to St. Augustine the gist from the release this week of the minutes of the last meeting of the Federal Reserve Open Market Committee (FOMC) was that, yes, inflation is worse than we expected, and yes, we need to raise interest rates and, yes, we need to sell some of our huge portfolio of Treasuries and Mortgage-Backed Securities, and we will …soon…I promise.
“Participants observed that, in light of the current high level of the Federal Reserve’s securities holdings, a significant reduction in the size of the balance sheet would likely be appropriate,” the meeting summary stated.
The minutes show concern about inflation and financial stability though members urged “a measured approach” to tightening monetary policy. FOMC members noted that “inflation was beginning to spread beyond pandemic-affected sectors and into the broader economy.”
No kidding. (more…)
New Listings mid-week February 16th
You’ve heard this before – a tiny number of New Listings:
Putin’s $100 million yacht
Vladimir Putin’s yacht Graceful left Hamburg recently before finishing repairs, according to German media.
The Graceful measures 82 meters is powered by 2 MTU engines that give it a cruising speed of 14 knots and a top speed of 18 knots. The vessel also has a range of more than 4,000 nautical miles. Designed by H2 Yacht Design, the sleek superyacht is constructed out of steel and aluminum and has a tri-deck design. The posh interior of the Graceful is finished in a variety of materials and textures, including tooled leather, tapestry walls, marquetry, marble, stainless steel, ebony and untreated teak, and more. The superyacht is big enough to accommodate up to 12 guests and 14 crew.(www.luxurylaunches.com).
Here are some photos of Putin’s modest yacht:
(more…)
Open Houses Sunday February 13
From avoiding slipping on ice last week to needing sunscreen today – life in New England. If only there were more properties for sale.
Click on these links for details: (more…)
Survey: Sellers Waiting Out Pandemic Are Ready to List
Homeowners have had all the usual reasons to sell over the past two years – marriages, deaths, children, etc. – but many hunkered down during the pandemic, and some feared the housing market because selling might be easy but finding a new home? Not so much.
A survey conducted by HarrisX for realtor.com, however, suggests that many of those people might be planning to list their home in 2022, with 65% of them planning to do so this winter and spring. The survey of 2,583 consumers was conducted online in September-October 2021.
Many sellers, however, want to set an asking price higher than they think their home is worth, and they expect buyer bidding wars.
When will sellers list? (more…)
Recent Comments