What you need to know about our crazy housing market and its future.
So far, 2023 has been the craziest market I’ve ever seen. Interest rates are coming down, home prices are stabilizing, and everything is getting flipped on its head. Today I’ll break down what happened to our housing market in 2022, what has happened in 2023 so far, and what this all means for you.
You can listen to my full explanation in the video above or skip to each topic using the timestamps provided:
0:00 — Introduction
0:39 — Recapping 2022’s housing market
1:30 — What continued low supply means for our market
2:53 — Prices fell in the second half of 2022, but they were still up year over year
3:50 — Affordability has greatly impacted our market
5:06 — Great news for the future of housing prices
6:22 — Wrapping things up and how to reach me
If you have questions about this topic or anything else, please call or email me. I am always willing to help!