Cynthia Meister -New Mexico Multifamily- Investment Sales’ Post

How’s the market? Nov ‘24 Charlotte Region housing data is in. Along with these stats, the months of inventory supply is at 2.6 months (up 23.8% YoY). Despite industry challenges and one of the most difficult rate environments we’ve faced, would you believe the overall average sales price in the region is up 8.3% YoY?!?! Despite headwinds over the past 18 months, the Charlotte Region for residential real estate has remained resilient; dare I say robust. It should give optimism for a positive ‘25 market! #marketreport #realestatenews #marketdata #charlottenc

📊 𝗤𝟯 𝟮𝟬𝟮𝟰 𝗠𝗶𝗻𝗻𝗲𝗮𝗽𝗼𝗹𝗶𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗩𝗮𝗰𝗮𝗻𝗰𝘆, 𝗦𝘂𝗽𝗽𝗹𝘆 & 𝗟𝗲𝗮𝘀𝗶𝗻𝗴 𝗧𝗿𝗲𝗻𝗱𝘀 The Q3 report highlights key shifts in vacancy rates, new supply hitting the market, and leasing trends across the Minneapolis area: 🏗️ 𝗩𝗮𝗰𝗮𝗻𝗰𝘆 𝗥𝗮𝘁𝗲𝘀: Vacancy rates show a notable fluctuation compared to last quarter, influenced by a mix of increased supply and changing tenant demand. What does this mean for occupancy strategies? 🏢 𝗡𝗲𝘄 𝗦𝘂𝗽𝗽𝗹𝘆: Several new industrial developments came online this quarter, impacting both availability and rental pricing dynamics. For investors, this means unique positioning opportunities, especially in core submarkets. 📈 𝗟𝗲𝗮𝘀𝗶𝗻𝗴 𝗧𝗿𝗲𝗻𝗱𝘀: Leasing has evolved this quarter, with some sectors seeing growth while others stabilize. Are you seeing similar trends in your leasing or investment portfolios? 💬 Are you strategizing differently given these numbers? Let’s discuss how to make the most of this market phase.

📊 According to the RE/MAX National Housing Report, the median sales price dipped 1.4% from August to $429,000. However, the price remains 4.6% higher than a year ago, despite sales being 3.1% lower. Follow us to stay informed with the latest market trends! 🏡📉 #HousingMarket #RealEstateTrends #REMAXNationalReport #HomePrices #MarketUpdate #RealEstateNews #BuyerAndSellerTips

📊 According to the RE/MAX National Housing Report, the median sales price dipped 1.4% from August to $429,000. However, the price remains 4.6% higher than a year ago, despite sales being 3.1% lower. Follow us to stay informed with the latest market trends! 🏡📉 #HousingMarket #RealEstateTrends #REMAXNationalReport #HomePrices #MarketUpdate #RealEstateNews #BuyerAndSellerTips

📊 According to the RE/MAX National Housing Report, the median sales price dipped 1.4% from August to $429,000. However, the price remains 4.6% higher than a year ago, despite sales being 3.1% lower. Follow us to stay informed with the latest market trends! 🏡📉 #HousingMarket #RealEstateTrends #REMAXNationalReport #HomePrices #MarketUpdate #RealEstateNews #BuyerAndSellerTips

Explore the latest real estate market data in the 2024 Q2 Trends Market Report - now available From increased sales activity in several counties, notable changes in median prices and shifts in inventory levels, our Q2 report provides the insights you need to navigate the current market. Click link below to read more. https://lnkd.in/gv79H5qe #TrendsQ2 #MarketReport #luxuryrealestate #miamirealestate #coralgablesrealestate #iangazesrealestate

What’s going on in CRE markets? I did the heavy lifting, so you don’t have to 👇🏾 The June 2024 Commercial Real Estate Market Insights Report from the National Association of REALTORS® reveals significant trends across various sectors. Here's a snapshot: 🏢 Office Sector: - Office vacancy rates remain high at nearly 14%. - Net absorption is negative but showing signs of improvement, with 49 million sq. ft. vacated more than leased, down from previous quarters. - Leasing activity remains below pre-pandemic levels. 🏭 Multifamily Sector: - Continued strong demand with net absorption 2.5 times higher than last year. - Vacancy rates slightly eased to 7.7%, marking the first decline since Q3 2021. 🛍️ Retail Sector: - Tightest availability conditions with only 4.7% space available for lease. - Net absorption has slowed, but demand remains robust. 🏗️ Industrial Sector: - Weakening fundamentals with net absorption at a decade low, 68% below last year. - High borrowing costs and a shift in consumer spending impact demand. 🏨 Hospitality Sector: - Occupancy rates steady at around 63%, still below pre-pandemic levels. - ADR and RevPAR have surpassed pre-pandemic benchmarks, indicating recovery. 💹 Economic Indicators: - Job growth at 5.1% compared to March 2020. - Inflation at 3.3%, with the GDP growth slowing to 1.4% in Q1 2024. Insightz need to be driven by economic conditions and evolving market demands. #commercialrealestate #realestate #insights

Currently, the realty industry is valued at around $300 billion with a 7 per cent share of the GDP. For the next 23 years, the GDP is expected to have a mean growth rate of about 8 per cent. The real estate sector is expected to witness a growth rate of 13-15 per cent over the next 5-6 years. Till 2047, the realty sector, growing at 10-12 per cent annually, is expected to outpace the other sectors' contribution to GDP. The residential segment is expected to have approximately 75 per cent of the overall value of the real estate sector followed by commercial, industrial and retail segments till 2032. Post this, other segments such as commercial, industrial and alternatives are expected to have greater growth. By 2047, the residential sector would constitute 58 per cent, commercial 20 per cent, industrial and warehousing 12 per cent, retail 5 per cent, others 5 per cent. Follow Us: IREED Academy Join Our Jobs Channel: https://lnkd.in/gCYbhE8S #indianrealestate #realestatesector #gdpcontribution #realestategrowth #realestateindustry #futureofrealestate #ireedacademy #realestateeducation #economicgrowth #realestatenews #realestatemarket #realestateupdates #realestateinsights #urbaninfrastructure #indiarealty

In the housing market, the seller and the buyer are, in many cases, the same. To buy a new home, you must sell the home you already own. For several years, a persistent and historic lack of supply has restrained the housing market, but a recent uptick in inventory is poised to boost sales activity as the spring home-buying season peaks. Based on our Existing-Home Sales Outlook Report nowcast, we expect April existing-home sales to rise by 0.7 percent compared with March but remain modestly lower than the actual annual pace of sales one year ago. Get the details at: https://lnkd.in/ge2VFd2j #firstamagency #firstam #firstameconomics #realestatemarket

Explore the latest real estate market data in the 2024 Q2 Trends Market Report. From increased sales activity in several counties, notable changes in median prices and shifts in inventory levels, our Q2 report provides the insights you need to navigate the current market. Click the link below to read more. https://lnkd.in/egvbJri #LuxuryRealEstate #TrendsQ2 #MarketReport