Is this market out of control? Well, that depends on who you talk to.
Are we currently dealing with an out-of-control housing market? Neither buyers nor sellers typically want anything to do with a market that could be described that way. They’d rather operate under conditions that allow them to make the right decisions when opportunities present themselves. While this market may be unorthodox, there are still tons of opportunities for buyers and sellers, especially when you’re considering the long term. Today I’ll cover what we’ve experienced in 2022 so far—a lot has changed since the new year began.
Feel free to follow along in the video above, or use the timestamps below to navigate the discussion at your leisure:
0:00 — Introduction
1:00 — How inventory has fluctuated over time
1:45 — Is there really a lack of homes coming on to the market?
2:33 — When can you expect to see more inventory?
2:56 — Rising interest rates and buyer demand
3:53 — Rising interest rates and home prices
4:25 — Is it a good idea to wait for the market to come down before buying?
5:34 — Tips to help buyers and sellers make smart, successful decisions
6:41 — Wrapping up today’s topic
If you’re planning to buy or sell a home soon, it’s critical that you connect with a real estate professional to help you get the ball rolling. If you have question or need any assistance with your next transaction, give me a call or send me an email. I look forward to hearing from you.