LEANNE BOMAN
1400 Newport Center Drive Newport Beach, CA 92660
REALTOR® DRE# 01456237
REAL ESTATE MARKET REPORT • JUNE 2021
Irvine Terrace
949.887.9871
LeanneBoman@gmail.com www.LeanneBoman.com www.HomesInIrvineTerrace.com
WWW.LEANNEBOMAN.COM
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2021
Living In, Promoting, and Protecting our Community’s Value!
A F A M I LY WANTS YOUR HOME
THE REAL ESTATE MARKET CONTINUES TO HEAT UP Historically low interest rates, low inventory, and a massive increase in buyers seem to indicate there is no sign of the market slowing. Surges in lumber prices have led to further disruptions as new construction prices have skyrocketed. Buyers are rapidly searching for their next dream home and are willing to pay top dollar.
54% of new homeowners took advantage of low interest rates in 2020.
An over 200% increase in lumber costs has buyers looking more seriously at existing homes, rather than new builds.
87% of home buyers chose previously-owned homes, making them the dominant choice.
Presented by Leanne Boman Your Irvine Terrace Real Estate Specialist and Neighbor
Selling Your Home Now Will Yield a Better Price Than in the Future! Johnathan and Angel a-Mari e, As the real estate market continues to shift, working with a trusted neighborhood specialist who will professionally market your home is more important than ever. If you’ve considered selling, now is the time. Call me today at 949.887.9871 to learn how I can help you find the right buyer!
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams