YES Realty Partners Newsletter _ SPRING 2024

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GREATNEWS!TheSpringMarketisinFULLBLOOM!

SURPRISEMarketCOMEBACKfromaverysluggish4th Quarter2023RealEstateMarketActivity

HomesSalesSurgewith“New”NormalMortgageInterest Ratesof6%to7%

Inventoryofexistinghomeshasbeenrisingsteadilyforfive consecutiveweekswithmoretocome!

Favorable&morebalancedInterestRatesareintheforecast –MidSummer2024

VeryACTIVE“extended”SpringMarketand3rd&4thQ2024 ActivityintheFORECASTforbothBuyers&Sellers

THEMILLENNIALSareCOMING-45.5MillionPotential1st TimeHomebuyersarepoisedtoenterthehousingmarket–SellersGETREADY!

SELLERSARECOMING-BabyBoomersare52%ofall SELLERS–settingtoretireand/ordownsize–BUYERSGET READY!

#1ReasonWHYPEOPLEMOVE:ToBeCloserToFAMILY! AREYOUONEOFTHEM?

WE WORKINGWITHYOU&APPRECIATEYOURBUSINESS! WeAlwaysEnjoyHelpingYOUwithyourREALESTATE NEEDS.

Thankyouinadvanceforrecommendingourservicesto Friends,Family&neighbors! HeretoServeOurCommunitieswithCARE&GRATITUDE.

*Sources: Dr Lawrence Yun, NAR Chief Economist, Brian Buffini, Buffini & Co & Dr Lisa Sturtevant Chief Economist Bright MLS 969 2nd St. SE, Charlottesville, VA 22902 YES REALTY PARTNERS contact@yesrealtypartners.com The Latest Update From Your Local Charlottesville Area Real Estate Team SPRING NEWSLETTER YES REALTY PARTNERS NEWSLETTER - 2ND QUARTER 2024 CONTACT US: 434.531.0817 www yesrealtypartners com REAL ESTATE MARKET TALK Come Visit Our 2nd Annual Come Visit Our 2nd Annual Scan Scan FOR DETAILS FOR DETAILS “The Acres” at Lake Monticello “The Acres” at Lake Monticello

50 ASH LN

WINTERGREEN RESORT, VA 22967

Spread over four towering stories, this Blue Ridge Mountain home is a destination itself offering unparalleled western views that provide the backdrop for some of the most stunning sunsets in the Blue Ridge Mountains.

Listed at $1,475,000

5 Bed

This elegant custom brick Georgian home welcomes with hardwood & tile floors, soaring ceilings, three fireplaces, amazing sunrise views, a fully renovated chef’s kitchen, and all the amenities Glenmore has to offer! 5 Bed

Listed at $1,395,995

APRIL 17-21 UPCOMING LOCAL EVENTS

Join in on the seasonal fun

APRIL 13TH “The Acres” Lake Monticello Spring Clean Up Event , Sell, Sort, Socialize from 10am2pm at 35 Acre Ln. See QR code for details

MAY 11 -12 Charlottesville's 12th Annual Tom Tom Festival

Starting April 18th and going through Summer, Carter's Mountain Orchard hosts their Thursday Evening Sunset Series at 6p

SATURDAYS Farmer's Market at the IX Park every Saturday from 8am-12pm - City Farmer's Market on Water Street every Saturday from 9am-1pm

WEEKLY Crozet Arts & Crafts Festival - Find all kinds of wonderful art for sale Kid's Activities & Food Trucks on Site

"Real Talk" with Keith Smith at 10:15am.

Follow Us on Facebook for Live Updates

2108 PIPER WAY KESWICK, VA 22947 Featured
ONE OF OUR TRUSTED LENDER PARTNERS Scott Morris, Branch Manager Ross Mortgage
INTRODUCING
434.531.0817 REALTORS
OF YES REALTY PARTNERS contact@yesrealtypartners.com 4,566 Sqft.
6.5 Bath Featured LISTING
& OWNERS
5,387 Sqft.
4.5 Bath LISTING
NMLS ID# 1802398 Give Him a Call!
THURSDAYS 804-267-0677 smorris@rossmortgage.com

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