The factors that affect the market and its trajectory for the spring.
Are you wondering what we can expect for our market this spring? Many people are! There is a lot of speculation, but today I’m going to share the data that shows what is happening to our market and where it’s headed.
You can listen to the full video above or skip to specific topics using these timestamps:
0:00 — Introduction
0:30 — How population growth means the home sales just moved
1:36 — Interest rate relief and inflation
2:10 — The price for a 30-year mortgage is going down
2:48 — Expect to see a surge in demand
3:12 — The only times that home prices went down in the last 20 years
4:23 — Expectations for 2023
5:14 — Wrapping up
I am very encouraged about the possibilities in the spring market. If you are thinking about buying or selling, now is the time to act! Call or email me anytime if you want help or have any questions. I look forward to working with you.