Wendy Leung

✅ The future of real estate revolves around agent-centred services, innovative use of technology, and genuine connections with clients and communities. ✅ eXp Realty, with its successful agent-centric model, is leading the way in demonstrating the power of virtual brokerages. ✅ Southern California, as an emerging tech and innovation hub, is at the forefront of changing how real estate transactions are conducted. Focusing on eXp Realty's virtual brokerage model, the evolution in Southern California's real estate market is apparent. Beyond acting as transactional entities, brokerages must now provide substantial support to their agents, equipping them with necessary tools and training for success in the ever-evolving marketplace. At eXp Realty, the priority is the agent, fostering adaptability and a strong sense of community, leading to a higher level of service for clients. Real estate isn't purely driven by technology and innovative business models. Significant emphasis is placed on building and maintaining lasting relationships. The balance lies between utilizing technology to facilitate connections, and not allowing it to replace genuine human interaction. The inspiring story of Jessie Yerxa, the Woman of Influence Award recipient, encapsulates the ethos of future real estate – innovative, community-focused, and relationship-driven with the power of technology. Contact me for more information on eXp Realty ✉️🙂.

1

California Housing Market: Prices, Trends, Forecast 2024 Contact me to discuss the latest scoop in real estate! #sf #askmehow #bayarearealestate #californiarealestate #siliconvalley #realestate #goal #realtor #housingmarket #bayarearealtor

1

Explore the diverse world of commercial real estate! Discover the numerous opportunities and advantages this dynamic market offers savvy investors. 🤝📈 #CommercialRealEstate #investmentopportunities #RealEstateGrowth #losangelesrealestate #realestatebrokerage

4

Having an accurate picture of the market can help you make important decisions. You’ll find the number of active listings, median sales price, and more in our May Market Update for San Diego 📲 Click to get the full report ➡️ https://lnkd.in/g7DyjYzC Want to see how your home’s value has changed? We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information. Send us a DM today! #marketreport #marketstats #realestatemarket #homebuyer #homeseller #realestate #realtor #sandiegorealtor #sandiegorealestate #sandiego

7

2 Comments

📢 New Real Estate Market Report! 📢 Stay updated with our latest Northern Nevada Real Estate Market Report for June 2024. In this video, I discuss important trends from May 2024 with Elena Boland from Wholesale Mortgage, including median home prices, mortgage rates, and key selling strategies. Whether you're a seasoned investor or new to the market, our expert analysis will provide you with the information you need to make informed decisions. Don’t miss out—watch now! 🔗 https://hubs.li/Q02BXPbx0 S. 168655 #RealEstate #MarketUpdate #NorthernNevada #MortgageRates #HomePrices #AngstRealEstateTeam #LivingInSouthReno #HautePropertiesNV #SellMyHome #RenoRealRstate #RenoHomes #NevadaRealEstate #RenoTahoe #RenoLiving #RenoNV #Nevada #RenoRealtor #Realtor #RenoTahoeUSA #RelocatingToSouthReno

2

California's Tax Ranking: High, but Not Highest #sanfrancisco #sfrealestate #bayarearealtor #bayarea #california #bayarearealestate #sanfranciscorealestate #sfrealtor #californiarealestate #siliconvalleyrealestate

3

Is Seattle a Seller's Real Estate Market? Yes, Seattle is still considered a seller's market in 2024, though there have been some shifts. Here's what to consider: Low inventory: There are more buyers than available properties, which gives sellers leverage. Faster sales: While not as fast as in the past, homes are still selling relatively quickly. Price appreciation: Housing prices are still rising year-over-year. However, there are signs of a slightly less competitive market: More listings: Inventory is increasing compared to the height of the seller's market. Fewer bidding wars: While homes may receive multiple offers, it's not as common as before. https://lnkd.in/gntpZWV If you're thinking about buying or selling, the MLC Team is here to help. Reach out to us for expert guidance and support in this competitive market! 🌐 Website: https://lnkd.in/gvsRuemm 📧 Email: deal@mlcompanies.co 📞 Phone: (206) 322-3325 Visit us at 16400 Southcenter Parkway, Suite 206, Seattle, Washington, 98188 USA

1

🔥 East Bay HOUSING: Demand Outstrips Supply 🔥 ProTip: Now is the time to sell.. Read full bog: https://lnkd.in/gNx5Ytz9 I want to share a closer look at the dynamic real estate market of California's East Bay. As someone deeply interested in the intertwining of economic forces and real estate dynamics, I find the current market trends in this area both fascinating and vital for anyone looking to buy or invest here. So, let's break down the complexities of housing supply and demand in the East Bay, and explore what it means for buyers and sellers alike. Buyer Demand in the East Bay The East Bay has always been attractive due to its proximity to major economic hubs like San Francisco and Silicon Valley. This region draws a continual influx of professionals looking for more affordable living options while still staying connected to the bustling job markets of nearby tech giants. The high demand in real estate here is not just about location; it's also about the quality of life and the relative affordability compared to its neighboring regions. Challenges with Housing Supply Despite this robust demand, the East Bay faces significant challenges in housing supply. New housing developments are often slowed by stringent zoning laws and limited space for expansion, leading to a shortage of available homes. This scarcity is a critical factor driving up the prices in the area, making the market highly competitive. For instance, it's not uncommon to see bidding wars and homes selling well above their listed prices. The Price Scenario: With demand consistently outstripping supply, home prices in the East Bay have been on a steady climb. This trend is symptomatic of a broader state-wide issue in California, where housing shortages keep pushing prices up, making it challenging for first-time buyers and even for investors looking to expand their portfolios. Economic and Demographic Influences The East Bay's real estate market is also influenced by broader economic conditions such as interest rates, employment rates, and the overall economic health of the tech industry. Additionally, demographic trends, including migration from more expensive areas and the influx of younger professionals, further complicate the market dynamics. Pointers Whether you are a buyer or seller, we are consistently seeing an increase in home value over time so if you are buying, the sooner the better Sellers will be able to be able to negotiate competitively because of the shortage in housing Limit space / big population -- there are more people than housing available too, like even if the new build was 100% on track and fast, it still wouldn't necessarily fix the housing shortage since it is a huge percentage Conclusion: --Real Blog for full story

1

📢 Check Out the Latest Real Estate Update! 🏡💫 📆 This Week: Wed, Jun 05, 2024 📍 Location: Orange County, CA 💰 Median List Price: $2,097,000 📉 Market Action Index: 61 (Compared to last month's 63) 📦 Inventory: Holding Steady at 1,648 #OrangeCountyRealEstate #MarketUpdate #Trends #MedianPrice #InventoryStatus #InvestmentOpportunity #DreamHome #Homebuying #HousingMarket 🏠💼📊

3

How's the Luxury Real Estate Market? Well, here we are -- it's MAY! And looking at the data, our luxury market in Montecito and throughout Santa Barbara and Hope Ranch is thriving, for the “right” property. Interest rates have not come down and despite all the predictions that they are going to come down, I’ll believe it when I see it. Having said that, the “all cash” buying baby boomers are crashing headfirst into the mortgage wielding millennials and driving demand across all neighborhoods. Experts from S&PCore Logic Case-Shiller along with Goldman Sachs, Redfin and all those who track prices and sales are predicting that residential real estate sales and prices will continue to go up over the next 5 years. My view is that we are one of a select group of highly desirable destination communities and with overall wealth increasing among a select few, the desire for the Central Coast lifestyle will continue to fuel a robust real estate market. HERE'S THE APRIL MARKET UPDATE MONTECITO & CARPINTERIA • $10 Million + • There are 27 Active Listings, 5 more than the 22 Active Listings in March including 7 New Listings. • There are 4 Pending Sales, 1 which was on the market for less than a month. • There were 4 Closed Sales last month, 2 sold off market. MONTECITO & CARPINTERIA • $4 - $10 Million • There are 36 Active Listings which is 5 more than the 31 Active Listings in March.  • There were 14 New Listings in this price range.  • 6 Pending Sales, 2 of which were New Listings.  • It was a busy month with 10 Closed Sales in April, all sold for less than their asking price except for the 1 off market sale. SANTA BARBARA & HOPE RANCH • $10 Million + • There are 10 Active Listings, including 2 New Listings.  • There were 0 Pending Sales. • There were 0 Closed Sales in this price range last month. SANTA BARBARA & HOPE RANCH • $4 - $10 Million • There are 17 Active Listings and 9 New Listings in this price range • 4 Pending Sales, 3 of which are New Listings.  • There were 9 Closed Sales in April, 5 of which were on the market for less than 1 week. Read the full update on our blog!

16

Welcome to your Sacramento real estate forecast for May 2024! We dive deep into the latest trends and insights shaping our local market. #SacramentoRealEstate #MarketTrends2024 #LocalMarketInsights

2

The commercial real estate market is changing, but that doesn't mean it's time to hit the panic button. At RE/MAX Professionals Select, we see this shift as an opportunity— a chance for savvy investors and borrowers to make smart moves. Here's the deal: *️⃣ Interest rates are stabilizing, not disappearing. Those dreaming of a return to rock-bottom rates might need to adjust their expectations. *️⃣ This presents a unique opportunity for buyers with cash in hand. *️⃣ We're seeing strong potential in sectors like multifamily and industrial properties, particularly in strategically advantageous locations. The bottom line? Now is the time to partner with experienced professionals who understand the nuances of this evolving market. RE/MAX Professionals Select has their fingers on the pulse of the Illinois real estate market and are ready to guide you through every step of the way. Let's connect and discuss how you can thrive in the Great Reset. #remaxprofessionalsselect #realestate #realestateagent #Illinois #REMAX #commercialrealestate #investing #greatreset #opportunity #partnerships

2