The 2023 market isn’t as bad as the headlines would have you think.
Are you planning on buying, selling, or investing in 2023? If that’s the case, you’ll need to be equipped with the best possible information to make an informed decision. We’ve had a very turbulent few months, and scary headlines might have you wondering if now is the right time to make a move. To help, I’ve got a detailed analysis of where our market is at right now and what professionals predict for the future.
Feel free to watch the full message above or use these timestamps that will direct you to various points in the video:
0:00 — Introduction
0:43 — Median sales price has declined
1:25 — Percentage of original list price
2:26 — Percentage of reduced list price
3:26 — Days on market
4:12 — Number of pending sales and homes for sale vs. homes sold
5:48 — The impact of Inventory on home prices
6:19 — Monthly inventory
7:03 — Interest rates
7:59 — Looking at the spread
9:53 — What the experts are saying
12:02 — The expert projections
14:25 — Median rents
15:33 — In conclusion
Hopefully, this has equipped you to make the best decision for yourself, your family, and your assets. Remember, if you have any questions on this topic or about real estate in general, please contact me. I would love to be a resource for all of your real estate needs.
