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Showing posts from November, 2023

RES Luxury Group - 11/29/2023 10:19:59 AM

Three Reasons to Buy a Home During the Holidays The holiday season is often seen as a time of relaxation, celebration, and spending precious moments with loved ones. It's no surprise that the real estate market tends to slow down during this time of the year, with many sellers opting to take their homes off the market until the new year. However, there are compelling reasons why buyers should consider taking advantage of this seemingly quiet period and make a move during the holidays. In this article, we will explore three reasons why buying a home during the holidays can be a wise decision. 1. Motivated Sellers and Buyers One of the key reasons to buy a home during the holidays is the presence of motivated sellers and buyers. For sellers who have their homes on the market during this time, their motivation is often driven by a pressing need for a quick sale or a deadline-driven situation. This means that they are likely to be more willing to negotiate on price and terms. As a

RES Luxury Group - 11/29/2023 10:19:19 AM

Three Reasons to Buy a Home During the Holidays The holiday season is often a time when people's minds are preoccupied with festivities, family gatherings, and gift shopping. The idea of buying a home during this busy time might seem counterintuitive. However, there are actually several compelling reasons why purchasing a home during the holidays can be advantageous. In this article, we will explore three key reasons why buying a home during the holiday season can be a smart decision. 1. Motivated Sellers and Buyers One of the primary reasons to consider buying a home during the holidays is that both sellers and buyers tend to be highly motivated. For sellers, having their house on the market during this period shows a clear determination to sell. These motivated sellers are more likely to negotiate and consider competitive offers. As a buyer, this means that you have an opportunity to find motivated sellers who are ready to close a deal before the end of the year. Moreover,

Real Estate Market: October 2023 Insights

Navigating the Citrus County Real Estate Market Hello everyone, Ruth Squires here from RES Luxury Group with eXp Realty. Welcome back to another episode of our Monthly Market Stats. Today, we're diving into the real estate trends for Citrus County, Florida, for October 2023. Let's get right into it. Inventory is On the Rise First up, let's talk inventory. As of today, we have 1,031 active homes on the market in Citrus County. That's a 0.75% increase from last month. While this may seem like a small percentage, it's a significant indicator of where the market is heading. A Dip in Buying Activity On the flip side, buying activity has seen a slight decline, down by 0.5%. This is likely influenced by the rising interest rates we've been experiencing. So, if you're a buyer, this is something to keep an eye on. The List-to-Sale Ratio For those of you looking to sell, the list-to-sale ratio currently stands at 96.84%. This