What’s the future of our real estate market? You may have heard some rumblings in the media that a crash is coming right around the corner, but is it true? Today I want to take a look at our local market and make some predictions about what the winter will bring. It’s been a cold and snowy winter so far; will our real estate market remain hot?
You can listen to my full message in the video above, or you can skip to each topic using the timestamps provided:
0:01 — Introduction
0:34 — The effects of COVID-19 on our market
1:11 — Tons of people are moving
1:52 — The great reshuffling
2:19 — Supply is as low as it’s ever been
3:26 — Interest rates are historically low
4:47 — 2022 forecast
5:28 — How buyers can compete in a competitive market
7:19 — Wrapping things up
Hopefully, this update helped you understand where our market is heading. If you have any questions, feel free to schedule a free discovery call with my team. We’d love to help in any way we can!