An Important Update on the Market Shift - Shawnluong Team

An Important Update on the Market Shift

The market has shifted dramatically from where it was last year.

The changes in the market have been all over the news. With interest rates and inflation on the rise, where is the market right now? To help answer this question, I am looking at the fourth quarter of 2022 and comparing it to the fourth quarter of 2021. There are some interesting differences in that period that you’ll want to see.

Feel free to watch the full message above or use these timestamps that will direct you to various points in the video:

0:00 — Introduction

0:38 — Homes sold and price per square foot

1:49 — New listings

2:19 — Expired listings and cancellations

3:34 — Why you should buy now

6:26 — Wrapping up

Hopefully, this was interesting and informative for you. Remember, if you have any questions, comments, or feedback about the topic today, you can feel free to reach out to me by phone, text, or email. I would be delighted to help you with all of your real estate needs.


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