Stay informed about the housing market.
Welcome back for another real estate market update. Do you remember all the talk last year about a housing market crash and a potential 20% price drop? Many people were hesitant and decided to put their plans on hold. However, at the national level, that scenario simply didn’t unfold. Let me present the facts.
Take a look at the graph in the video. It illustrates that the worst home price declines are now in the past. Back in July, we saw a slight decline, indicated by the red bars. But as of a few months ago, in February, prices started to rebound. Despite some recent headlines suggesting further declines, the data shows a turnaround.
Of course, it’s important to note that home prices vary significantly by location. I’m well aware of the trends in our market, and I’m here to offer you the most informed advice based on recent observations. Whether you’re considering buying or selling a house this year, let’s collaborate to ensure you make a confident and impactful decision.
