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Posts from December 31st, 2022

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Uncategorized | 141 Posts
December
31

Happy New Year! 

There is no doubt that 2023 could be a new world for buyers and sellers. We all know the main reason for our new reality is the effect of interest rate increases on the housing market. Fortunately, we have a lot of cushion to work with thanks to the rapid appreciation and transaction frenzy that 2020 – 2022 brought. We realize that the market we had recently was temporary, and not sustainable, but look below what it has done to help our sellers.

Using the following criteria in a comparison to 2019 and 2022 sales:

  • Closed 
  • Residential Detached Single Family
  • 3-4 bedroom
  • 2-3 bath
  • No mobile homes
  • Price range $150,000 - $1,000,000
  • 2019 vs. 2022 numbers

These numbers...

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