November 2022 Stats
The statistics are a comparison of November 2021 and November 2022.
The chart below indicates:
Home sales are DOWN 43% from last year at this time.
The average sold price for a single family home INCREASED 6%
The average days on market has INCREASED to 17 Days.
The amount of available inventory is at 9 weeks / up from 2 weeks.
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Watch the video Below
As a Buyer:::
The Market has turned in your favor but home prices are still rising!!!
There is less competition and your offers are more likely to get excepted.
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 continue to rise and if you need to sell. 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
