5 Most Googled Questions About Real Estate in 2024

As we move through 2024, potential homebuyers and sellers are turning to the Internet to answer their most pressing real estate questions. The housing market is constantly evolving, with changes in mortgage rates, home values, and buyer preferences shaping decisions. Understanding the most googled real estate questions in 2024 provides valuable insights into the concerns and priorities of today's consumers. This guide addresses the most common inquiries, offering clarity and expert advice for those navigating the real estate landscape, especially in highly desirable areas like Gilbert, AZ.

The real estate market has always fluctuated, but as of 2024, several trends are impacting buyers and sellers alike. One of the most searched questions this year is a broad yet essential one: What is the current real estate market like?

In 2024, Gilbert is experiencing a real estate market shaped by high demand and relatively low inventory. As part of the greater Phoenix metropolitan area, Gilbert has seen significant population growth in recent years, fueled by its family-friendly reputation, strong job market, and proximity to major employment hubs. This demand has kept property values rising steadily, even as other parts of the country face a cooling market due to rising mortgage rates.

For potential buyers and sellers in Gilbert, it’s important to understand that while mortgage rates have increased, the demand for homes remains robust. Many buyers are still drawn to the area for its excellent schools, welcoming neighborhoods, and abundant amenities. Additionally, Gilbert’s relatively newer housing stock—much of which includes homes built in the last two decades—appeals to buyers seeking modern features and energy efficiency. Overall, Gilbert’s real estate market continues to offer strong opportunities for both buyers and investors, though competition remains high.

The decision to buy or rent is a key concern for many prospective homeowners, making it one of the most googled real estate questions in 2024. With fluctuating mortgage rates and rising home prices, this question has become even more critical as individuals weigh the long-term benefits of homeownership against the flexibility of renting.

In Gilbert, the decision to buy or rent depends largely on your long-term goals. Gilbert has become a prime destination for families and professionals due to its high quality of life, excellent public schools, and easy access to both suburban comforts and urban conveniences. Homeownership in Gilbert offers the potential for steady appreciation, as the area's desirability shows no signs of waning. The town’s blend of suburban charm and proximity to Phoenix’s tech and healthcare industries makes it particularly appealing for long-term investment.

On the other hand, renting can still be a viable option for those looking to stay short-term or those who want to avoid the higher initial costs of purchasing a home. However, with rental prices also rising, many renters find that buying a home offers better financial stability over time, particularly if they plan to stay in the area for several years.

As the market remains competitive, sellers are keen to maximize the value of their properties. One of the most popular real estate questions in 2024 pertains to how homeowners can boost the value of their homes before listing them for sale.

Gilbert’s real estate market is known for its well-maintained homes, many of which feature modern construction and spacious layouts. However, even in a competitive market like Gilbert, making strategic upgrades can significantly increase a home’s value. Key improvements that consistently add value include kitchen and bathroom remodels, which appeal to buyers seeking move-in-ready homes. Upgrading older homes with energy-efficient appliances and smart home technology can also attract buyers, especially as sustainability becomes a growing concern for many.

Curb appeal is another crucial factor in Gilbert, where many homes feature expansive front yards and outdoor living spaces. Investing in professional landscaping, adding outdoor amenities such as patios or built-in BBQs, and ensuring the home’s exterior is well-maintained can make a significant difference in how quickly and profitably your home sells.

Additionally, as remote work continues to influence buyer preferences, creating or enhancing dedicated home office spaces can increase appeal, particularly among professionals moving to the area due to Gilbert’s proximity to Phoenix’s tech industry.

Another top concern for both buyers and sellers involves closing costs. Buyers, in particular, are interested in understanding the additional costs of purchasing a home, as this often influences their overall budget.

In Gilbert, closing costs typically range from 2% to 5% of the loan amount and can include fees for services such as appraisals, inspections, and title insurance. Arizona’s real estate market operates similarly to national trends in this regard, with the costs split between buyers and sellers depending on the specifics of the sale. Buyers should budget accordingly to cover these expenses, which can add up on top of the home’s purchase price.

For sellers in Gilbert, it’s essential to understand that closing costs can also include prorated property taxes and agent commissions. Sellers should work closely with their real estate agents to get a clear understanding of all the costs associated with closing, as this can impact the net profit from the sale of their home.

Deciding when to sell a home is crucial to maximizing its value, making it one of the most googled real estate questions in 2024. While traditionally, spring and summer have been the optimal times to list due to favorable weather and the convenience of aligning with school schedules, the evolving economic landscape and regional trends are causing sellers to rethink their timing strategies. In 2024, sellers are increasingly evaluating not just the season but the local market conditions. In desirable areas like Gilbert, where buyer demand remains strong throughout the year, sellers can take advantage of listing their homes when interest is highest.

Early spring and late summer tend to be ideal times, as families often seek to move before the start of the new school year. However, given the competitive nature of the area, sellers may find that listing in off-peak seasons could still yield excellent results, particularly if inventory is low and demand remains steady.

Expert guidance is essential for anyone navigating the real estate market in 2024. Whether you're looking to buy, sell, or simply need answers to your most pressing real estate questions, Desaree Suttle is here to help. With extensive knowledge of the Gilbert real estate market and a deep understanding of current market trends, Desaree provides the insights you need to make informed decisions. Contact Desaree Suttle today to discuss your real estate needs and take the next step toward achieving your goals in this competitive market.