January 2023 Stats
The statistics are a comparison of January 2022 and January 2023.
The chart below indicates:
Home sales are DOWN 30% from last year at this time.
The average sold price for a single family home INCREASED 2%
The average days on market has INCREASED to 30 Days.
The amount of available inventory is at 9 weeks / up from 2 weeks.
Watch the video Below
As a Buyer:::
The Market has turned in your favor and home prices have dipped!!
There is less competition and your offers are more likely to get excepted. As well as Inventory has increased dramatically!!
Many are concerned about interest rates. But there are multiple avenues to combat such. Seller concessions, to lending interest rates buy downs.
You can always refinance when rates drop. And they will drop and when they do the competition is back and house prices surge again.
BUY BUY BUY BUY !!
Even if the home isn’t the perfect home, Buy and in a few years you would have generated enough equity to buy the perfect home.
Nobody got wealthy without owning real estate. It is a huge part of everyone’s financial success.
Treat your home for what it is. An Asset that is a tool to create Wealth, Freedom and a Better Life!
DON’T GIVE UP!!
Lets talk and put together a game plan!! LET ME HELP YOU!!
The LONG TERM FINACNIAL REWARD IS WELL WORTH IT!!!
CALL ME! **** 720-676-9484****
As a Seller:::
If you are looking to SELL!! We definitely need to talk, ASAP!!!
Home values have fallen but not dramatically and home buyers are eager. Lets talk and get your home sold!
The market has shifted but there are still plenty of Qualified Buyers looking to buy your home.
Call me Today!! 720-676-9484