April 2023 Twin Creeks Real Estate Update

https://youtu.be/pYxT6mSTC9A The Current Real Estate Market in Twin Creeks Sharp eyes will notice that one home that was shown as Currently For Sale in last months Real Estate Informer, 108 Rosario Court, is no longer shown as Currently For Sale, with Sale Agreed or Sold. This home has been taken off the market temporarily. So […]
March 2023 Twin Creeks Real Estate Update

The Current Real Estate Market in Twin Creeks At first glance, it’s easy to think that the real estate market in Twin Creeks is pretty stagnant, but the reality is that it is still February as I write this, and the lack of inventory is fairly typical for the time of year. As we move […]
February 2023 Twin Creeks Real Estate Update

The Current Real Estate Market in Twin Creeks As can be seen above, housing inventory is non-existent in Twin Creeks right now, although this is not all that much out of the ordinary in any February. Most sellers don’t want their homes listed for sale until a little later in the year when they will […]
January 2023 Twin Creeks Real Estate Update

The Current Real Estate Market in Twin Creeks What a difference a year makes! In the January 2022 Real Estate Informer, we had no homes currently for sale, although four homes had sales agreed (all with less than 2 weeks on the market). And there were 9 closed sales since the beginning of November, mostly […]
December 2022 Twin Creeks Real Estate Update

The Current Real Estate Market in Twin Creeks – In many ways, the above figures suggest a pretty normal November / December in our area. There is very little inventory, but most sellers who have homes listed for sale this close to year end do so because they really need to see their home now, […]
November 2022 Twin Creeks Real Estate Update

https://youtu.be/U47d7nz-nD0 The Current Real Estate Market in Twin Creeks Interest rates are hovering around the 7% mark at the time of writing and although it would be easy to say that this goes some way to explaining the low volume of Twin Creeks home sales recently agreed, the fact is that there are so few […]
October 2022 Twin Creeks Real Estate Update

The main factor to consider here is that interest rates have been rising since mid-July. This definitely had a cooling effect on the market, and as a result, homes are typically taking longer to get a sale agreed. Interest rates will hopefully settle down now, although we have to accept that they will be at […]
September 2022 Twin Creeks Real Estate Update

The higher interest rates are having an effect in our area, although homes are still selling as can be seen in the Pending sales above. Inventory is lower than it has been, although this is not unusual at the end of August, and many sellers have had to lower their expectations to get a sale […]
August 2022 Twin Creeks Real Estate Update

Examining these figures on a month by month basis, it is clear that the effects of recent interest rate increases are making themselves felt. Although inventory is higher than it has been over the past few months, prices have certainly stabilized, and many sellers are surely realizing that they priced their home higher than the […]
July 2022 Twin Creeks Real Estate Update

Questions about the real estate market in Twin Creeks or anywhere else? Call Bernard Gibbons on (925) 997-1585 or Michelle Hensley on (925) 785-5544 anytime, or email team@bernardgibbons.com. We will help in any way we can and we are always happy to hear from you.