Скачать или смотреть Spring 2022 Housing Market is NOT the same

The Spring 2022 housing market is just not the same. Normally spring time is a great time to transact in real estate. There are usually plenty of homes on the market as well as strong buyer demand which makes for an equal buying and selling opportunities. In today’s video we go over the real estate market update using the cities of Riverside and Lakewood in California. As in the previous market update videos we see that the average sales price is still continuing to climb and inventory is continuing to stay low. We are seeing mortgage interest rates continue to rise at a Steady pace which in theory should slow down the real estate prices.

As Of today making this video there are no definitive signs of a real estate crash nor a real estate slow down in the immediate future. I do believe if interest rates continue to rise at a quick pace we will definitely see a slow down in demand which could cause real estate prices not to skyrocket to the 20% of the last two years but more out of a normal rate of about five maybe 6%. I do not see any signs that point to a big real estate crash or a real estate bubble popping. Although the real estate market can change from day today make sure you subscribe and follow me on my social media accounts and YouTube to make sure you stay up-to-date on what is happening in the real estate market.

Coldwell Banker Realty
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