WEBVTT

1
00:00:00.080 --> 00:00:02.439
<v Speaker 1>It is time for your true real Estate nine to

2
00:00:02.480 --> 00:00:06.120
<v Speaker 1>one one midweek update with your local real estate pro,

3
00:00:06.320 --> 00:00:09.279
<v Speaker 1>Lisa True. Lisa, there continues to be a lot of

4
00:00:09.359 --> 00:00:13.000
<v Speaker 1>uncertainty with the economy generally, certainly the real estate market,

5
00:00:13.480 --> 00:00:15.640
<v Speaker 1>and do you have the latest information we need to know.

6
00:00:15.759 --> 00:00:17.480
<v Speaker 1>Sounds like it's a bit of a mixed market.

7
00:00:17.679 --> 00:00:20.839
<v Speaker 2>It is. When people ask me how's the market doing,

8
00:00:20.879 --> 00:00:26.640
<v Speaker 2>the answers it really depends. It is hyper local right now. Overall,

9
00:00:26.719 --> 00:00:30.199
<v Speaker 2>the good news is our median price continues to go up.

10
00:00:30.280 --> 00:00:34.320
<v Speaker 2>We're actually up five percent year over year median sales

11
00:00:34.359 --> 00:00:39.079
<v Speaker 2>price six p forty seven. The inventory's also up five

12
00:00:39.159 --> 00:00:43.799
<v Speaker 2>point seven months now, remember six months is neutral. We

13
00:00:43.920 --> 00:00:48.799
<v Speaker 2>are moving towards that maybe even buyer's market coming up.

14
00:00:49.560 --> 00:00:54.159
<v Speaker 2>Tell Them's condos and Villa's different story. They are very

15
00:00:54.200 --> 00:00:57.600
<v Speaker 2>slightly up, like one percent, up three seventeen, but they

16
00:00:57.640 --> 00:01:02.159
<v Speaker 2>have a ten month supply of inventory. It is a

17
00:01:02.200 --> 00:01:06.920
<v Speaker 2>lot more challenging town homes villa's condos in that market. Overall,

18
00:01:07.280 --> 00:01:10.599
<v Speaker 2>a lot of opportunities for buyers there. Now, this is

19
00:01:10.640 --> 00:01:14.560
<v Speaker 2>where it gets complicated. Del Rey. Their medium price is

20
00:01:14.640 --> 00:01:19.159
<v Speaker 2>up seventeen percent year over year. West Palm almost five percent,

21
00:01:19.760 --> 00:01:23.480
<v Speaker 2>but our cities like Jupiter and Palm Beach Gardens are struggling.

22
00:01:24.079 --> 00:01:27.879
<v Speaker 2>Jupiter's down twenty seven percent and Palm Beach Gardens is

23
00:01:27.959 --> 00:01:31.120
<v Speaker 2>down seven percent. So that's why I say it is

24
00:01:31.400 --> 00:01:36.120
<v Speaker 2>hyper local as to what's happening, even down to the neighborhood.

25
00:01:36.439 --> 00:01:39.519
<v Speaker 1>Wow, that is really great information and if you want

26
00:01:39.519 --> 00:01:41.959
<v Speaker 1>to know what that means specific to you and your

27
00:01:42.000 --> 00:01:45.840
<v Speaker 1>property considerations, the Truths are here to help you right now.

28
00:01:46.000 --> 00:01:47.799
<v Speaker 1>Reach out to them today five to six, y one,

29
00:01:48.319 --> 00:01:51.959
<v Speaker 1>nine seven, two eighty three, twenty six. Visit True real

30
00:01:52.079 --> 00:01:55.280
<v Speaker 1>Estate nine to one one dot com or just google

31
00:01:55.400 --> 00:01:58.120
<v Speaker 1>True Group that's tr EU group