How the market has changed recently and how that affects 2023.
Are we headed for a market crash in 2023? There is a lot of uncertainty surrounding our market, so it’s important to focus on the data and facts to truly understand what’s going on. It can be easy to be distracted by the big headlines that are all doom and gloom, but the numbers don’t lie.
You can listen to the full market update in the video above or skip to specific topics using these timestamps:
0:00 — Introduction
0:33 — Number of homes sold
1:33 — Pending sales
1:52 — Avg. price per sqft
2:10 — List-to-sold-price ratio and average days on market
2:39 — Months of inventory
3:13 — What this means if you’re a buyer
3:40 — What this means if you’re a seller
4:36 — Is the real estate market crashing?
4:50 — Wrapping up
If you have any questions about the market or are interested in buying or selling, reach out today! You can call 855-TOM DAVES or visit our website
here. We look forward to hearing from you!
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