Last year's market was characterized by low inventory levels and dominance of high-value transactions. As we approach the midpoint of 2024, where does the market stand now?
Quality commanded a premium in 2023, while coming uncertainty may bring less urgency and greater price sensitivity to the market. While caution is prudent, increasing positive sentiment over cooling inflation could become a significant driver leading to increased transaction volume.
Every property and every seller has a story. Understanding and relating to each situation is critical. Our clients become family and the journey includes empowering our sellers and buyers with all the accessible information they may need in order to work towards successful outcomes.
We welcome this more “normal” environment where our investments in relationships, experience, reach, and professionalism provides the greatest value to buyers and sellers. Serving our customers at the highest level in all our business lines- sales, auctions, lending, and management- has been our focus since 1946 and our aspirations and expectations grow in that regard every year.
Welcome to this year's edition of Hall and Hall's Year in Review. We are excited to celebrate one of the most successful years in Hall and Hall's history and thankful for all of our clients we worked with in real estate brokerage, management, auctions, appraisals, and finance. We couldn't have done it without all of you!
We are pleased to once again present our annual report which is designed to provide you with useful insights on market activity, value trends, and land financing options. The market update we send is also a great way to monitor all new listings and price adjustments. You are always in control of the updates you'll receive; we will honor your time and respect your privacy.
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