A Mid-Year Market Update and More

It’s the middle of the year, and we’ve all been on a wild ride. A lot has been happening in the real estate market, but maybe even more has been happening in my life. Today I’ll talk about the state of the market, why it has started to shift, and cover a few more personal topics that have changed my perspective a bit. The good news is that my business is doing great! I’m already 70% of the way to my goal for this year. Thank you all so much for working with me and referring your friends and family to me. 

As far as the market goes, things are generally slowing down. There’s more inventory, and buyers have more negotiating power than before. However, if a home is priced properly, presented right, and in a desirable neighborhood, it will still get multiple offers. It just might be harder to sell the homes that aren’t presented well, and some might be overpriced because the seller hired an agent who doesn't know what’s happening in the market.

"Our market is slowing down."

Why is this change happening? The Federal Reserve is increasing interest rates and trying to push the economy into a recession, and it’s working. However, the decreased commodity price isn’t quite showing up yet and probably won’t for a few more months.

If you don’t have your health, you have nothing. I finally got COVID a couple of weeks ago. I suddenly got tired, got the chills, and was bedridden for three days. That made me realize that I need to focus more on my health, and since then, I’ve been focusing more on eating right, not overdoing it, and getting good sleep. I recommend you do the same.

If you have any questions, feel free to call or email me. I would love to help.