Understanding the Housing Market Data

Understanding the Housing Market Data

 
Understanding how the market is changing and what it means for you.
 
Have you ever been confused by the media’s contradicting views of the housing market? In my opinion, a lot of it shouldn’t be trusted, and it’s important to go back to the original source. I have collected some critical market data from trusted sources, and I’m sharing it with you today so you can be informed and updated. 
 
You can hear all the details by watching the video above or skip to individual topics using these timestamps: 
 
0:00 — Introduction 
 
2:01 — The data and what resources say 
 
3:13 — Inventory and pending sales 
 
4:17 — Explaining the decrease in sales and the increase in rent 
 
5:13 — The declining number of sales after the peak 
 
5:53 — Why it’s a good time to purchase a home
 
7:57 — An analysis of the news 
 
9:06 — A seller’s market vs. a buyer’s market 
 
10:21 — Recession and interest rates 
 
11:46 — Wrapping up 
 
All that being said, if you’re in the market, I recommend you buy now. Secondly, I advise everyone to be well-informed by trusted sources. If you have any questions, call or text my team or me anytime. We would love to hear from you! 

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