Episode 109: Summer Real Estate Market Update

The summer real estate market is here and in full swing, and while the interest rates are still a huge topic of conversation we are seeing buyers and sellers getting into the game. Some of this is out of necessity but also there are a lot of people who were trying to wait out the interest rates and have just decided they have waited long enough and it’s time to make a move regardless of the rates. We are still in a sellers market due to the lack of inventory, but if that starts to shift things are going to start to balance out, and that could really cause the market to heat up. While the news is so often putting a negative spin on things and hinting at a big dip in the market we are just not seeing the signs of that happening. Many homeowners are sitting on a boat load of equity and are able to sell easily if they experienced some sort of hardship, and with that we are looking at good health in the market. This week we are covering all the hot topics and trends we are seeing out there this summer and getting you up to speed on all the things you need to know and be discussing with clients this summer. Let’s dive in!