Episode 121: Fall Real Estate Market Update

It’s hard to believe but fall is here, kids are back to school, and the fall real estate market is upon us. There are still many people worried about rising interest rates affecting the real estate market. However, despite higher rates, the market remains competitive with strong buyer demand and limited inventory. Most homes are still selling quickly, often with multiple offers.

While more buyers are showing interest through purchase loan applications, they're still 20% shy of last year's numbers. That means less competition for those hunting for their dream home right now. But here's the twist—when interest rates decide to take a breather those cautious buyers on the sidelines will likely jump back into the game. Brace yourself for a resurgence of multiple offers and high prices.

On the podcast this week, we’ve got a special guest, Annie, a top producer in the Kansas City metro area. We'll be dishing out insights, comparing market vibes, and spoiler alert: The sky's firmly in place in the world of real estate. Let's dive in to all the things!