Is EVANSTON Wyoming in a HOUSING CRISIS?!😱| Wyoming MEGA Housing Market Update 2024 🚨 скачать в хорошем качестве

Is EVANSTON Wyoming in a HOUSING CRISIS?!😱| Wyoming MEGA Housing Market Update 2024 🚨

Is Evanston, Wyoming, in a housing crisis? Welcome to the Mega Wyoming Real Estate Market 2024! Are you thinking of moving to Evanston, Wyoming? The real estate market in Evanston, Wyoming, is experiencing a whirlwind of activity, leaving many potential buyers and sellers perplexed. In today's video, we'll explore the booming real estate market in Evanston, Wyoming, and shed light on current trends, inventory, and what to expect in the coming months. Here's everything we will cover about Evanston, Wyoming's Housing Crisis: 1. Limited Options and High Demand in Residential Properties - Residential properties in Evanston are scarce. Currently, 29 houses are listed, but six are under contract with various contingencies, leaving just 26 available homes, which has remained steady over the past two years. A healthy market typically boasts 80 to 90 homes, highlighting a significant inventory shortfall post-pandemic. 2. Land Listings are a Hot Commodity - Land is flying off the market in Uinta County, with 41 available listings covering areas like Mountain View and Lyman. Prices for land range dramatically from $27,000 to $3 million, reflecting the diverse size and location of available plots. Notably, the land around Bear River is fetching $90,000 to $100,000 per acre, a stark increase from previous years. Out-of-state buyers are snapping up land, planning to build their dream homes. 3. High Interest Rates - Interest rates are a significant concern for potential buyers. Rocket Mortgage lists the current rate at 7.375% for a standard loan and 6.75% for USDA loans, which many in rural areas like Evanston can qualify for. These high rates are causing hesitation among buyers, who need clarification on selling their current homes due to fears of unfavorable terms on new mortgages. 4. Property Prices and Sales - In 2024, the average list price in Uinta County will be $282,000, with homes selling for an average of $269,000—about 95% of the list price. This trend suggests sellers are willing to negotiate, particularly in a high-interest environment. 5. The Bright Future of Wyoming Housing Market - Properties in Evanston remain on the market for approximately 80 days. The driving force behind this market activity includes local buyers and an influx from states like California and Colorado. The forthcoming nuclear plant in Kemmer, just north of Evanston, promises to bring substantial economic growth and increased housing demand. This development is poised to impact home prices significantly, and inventory as new jobs draw more residents to the area. Watch the FULL video to learn about Evanston, Wyoming's ongoing housing crisis! Feel free to reach out if you want to learn more about Wyoming or if you're interested in exploring the real estate market in Evanston, Wyoming! Like this content? Hit the LIKE and SUBSCRIBE buttons for more! ⬇️⬇️⬇️⬇️⬇️⬇️⬇️ 📌 INTERESTED IN MOVING TO EVANSTON, WYOMING? CLICK HERE TO GET A FREE RELOCATION GUIDE https://buyorsellrealestatenow.com/ev... 📌 Are you looking to buy a home in Evanston, WY? Click here to get a FREE HOMEBUYING GUIDE: https://link.buyorsellrealestatenow.c... ⬆️⬆️⬆️⬆️⬆️⬆️⬇️ 👇Subscribe to my channel for more videos like this👇    / @carterpettit1   CARTER PETTIT Realtor Real Broker, LLC 📞(307) 288-0911 🌐https://www.onereal.com/carter-pettit #realestate #wyomingrealestatemarket #wymarketupdate #evanstonwy #wyomingrealtor #evanstonhousingmarket #wyoming #evanstonwyoming #uintacounty