Is The Real Estate Market Shifting?

Dated: July 14 2021

Views: 46

Here are a few headlines last week from CNBC and Realtor.com: 

 

"Epic Housing Shortage May Finally Be Starting To Lift As Surprising Number Of New Listings Hit The Market In June"

 

"Homebuyers Are Finally Catching A Break As New Listings Rise and Mortgage Rates Drop"

 

"New Listings Growth Seen Across U.S. Markets in June"

 

But, I'm a skeptic when it comes to headlines. So, I've been rummaging through local data and... we're seeing it here, too. (I'll have more data to share as it comes out later this month).

               

 

This is good news for homebuyers who couldn't buy, who've been waiting or trying to purchase a home in the first half of 2021. But lack of inventory and rising prices stopped them cold. I know some of you who've put patience on your priority list. Well, your second chance to get back in the game may be coming soon. 

You can see thoughts in this 60-second snippet https://www.youtube.com/watch?v=x43sJOO0FaU

 

As you know, markets don't go up forever. They shift. And when it does... you need to be prepared to take action.

 

Are you preparing yourself? Call me so we can talk through the steps you can be taking now to prepare yourself for the (near) future.

 

P.S. If you know anyone who is thinking about selling their home, I'd be honored to receive your referral. It may help you directly.

Blog author image

John Wieland

My real estate passion began almost 30 years ago. It was Orange County, California 1989, when my friend and I began a property management business. We focused on apartment buildings in lower social-....

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