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Coffee with Amy u0026 Kevin: 2022 Market Cooldown?

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Have you been asked about the market, and what's happening? Do you have buyers on the fence, waiting it out? Are you worried about what will happen in 2022?

This episode gives you the info you need to show clients that the time is still now, if it's the right time in their lives.

There's solid data in this episode that you can use to talk with your clients as to why real estate will not depreciate, mortgage rates won't get lower, and if the time is now, not to hesitate.

Last week we talked about Real Estate Reviews as a proactive way to share what's happening, and this information pairs up perfectly to use in your Real Estate Reviews.

Watch this episode, hit the like button if it's helpful, and see below for the 5 Reasons the Market is Not Normal, with stats you can use!

1. Mortgage rates – still at amazing lows.  Even with the plan for them to increase in 2022 (average estimate of increasing by about 1%) the rates are still great.
2. Home price appreciation Average appreciation in a more normalized market is around 4.14%.  This last year we saw appreciation on the national level (courtesy of NAR) of 14%
3. Month’s Supply of Inventory – all time low nationally of 2.6 MSI
4. Avg Days to sell – 17 (NAR)
5. Number of Offers (data through July 2021) = 4.5 per home (NAR)

posted by Holandijier