The Real Story of What’s Going on in the Market

History has shown us that real estate is cyclical, and all the local statistics indicate that it’s an awesome time to consider selling your home. We’ve found that homes in the lower price points are in high demand. We recently listed a home at $250,000, and we received some 32 offers on it! If you’re considering moving up, no matter your situation, we’d love the opportunity to review your needs and wants regarding a home and to take a look at market trends so you know exactly what you’re working with.

Recently, you’ve probably heard talk in the news media about the economy slowing down. I always want to ground these sorts of conversations—they all talk about the future, but the truth is that nobody has a clue about what’s really going to happen. That in mind, today I want to reframe the conversation and let you know what’s actually going on in today’s market.

For your convenience, I’ve provided timestamps below that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:

• 2:22—Buyer traffic from December 2018 to March 2019

   

• 3:16—Assessing the market data over the past 15 years

   

• 4:18—Months supply of inventory
• 5:28—Price per square foot
• 6:47—Median days on market
• 8:00—A walk-through of our new website www.HighPerformanceRealEstate.com. Check it out for updated resources you can take advantage of

   

• 9:10—Concluding today’s topic

If you have any questions about our local real estate market or are looking to buy or sell real estate, don’t hesitate to reach out to me.

PS: If you’re interested in a fast-paced career in real estate, we are always looking for talented individuals to join our team and help people achieve their real estate dreams. I hope to hear from you soon!