What Buyers and Sellers Need To Know
The truth about inflation, interest rates, inventory, and more.
Have you been wondering what’s going on in the market lately? There has been an abundance of flashy headlines saying the world is coming to an end, but are they true? To help you stay informed, Joey De Venuto and I are here with the latest market statistics. We want you to know the truth about interest rates, home prices, inventory, and more.
You can hear the full update by watching the video above, or you can skip to individual topics by using these timestamps:
0:00 — Introduction
0:27 — Active listings
0:51 — Are we in a buyer’s or seller’s market?
1:38 — Inventory and the direction the market is going in
3:23 — Interest rates
3:57 — Median sales price last year vs. this year
4:38 — Inflation and how it has affected both buyers and sellers
5:20 — What sellers need to know
5:48 — Wrapping up
If you have any questions about these statistics or what they mean for your specific situation, don’t hesitate to call Joey or me! We would love to help you.