When the pandemic exploded, realtors all over the US were forced to adjust. They needed…
The following are key points that will help consumers cope with the rapidly changing real estate market conditions. Ideas and statistics presented here are from the 8:00 am show that aired on Nov. 17, 2018, on KHOW630.
Changes in the market
What are the latest market trends in Colorado? Median housing prices and the inventory of active listings continue to increase, and interest rates are slowly creeping up. According to Country Economy, the Feds have increased interest rates by 0.25 percentage points, from 1.75% to an annual rate of 2%. Interest rate hikes are often put into place to slow down inflation.
Author comment: Six Colorado median housing prices and the inventory were presented in last week’s blog. The latest data was provided on the KHOW630 8 AM show. The changes may be just the result of the typical seasonal slowdown, but the market is still a hotbed of activity.
“The change is here. We have to embrace it, accept it, and take new actions,” said Barry Miller, one of the radio show hosts. The whole Nov. 17. 2018 8 AM radio show can be found here:
Kathleen Chiras, the manager of the Best Agent Finder added, “I do see a bit of hesitation in the market because people are concerned about what’s happening politically and with interest rates. But people are also jumping in a little more on the selling side at the last minute saying, Oops! I might have missed the top and I’m ready to sell now.”
Work with the best agents
Author comment: Changes are inevitable. But what consumers can avoid are costly mistakes. In this rapidly changing market, it is extremely important to work with highly qualified and competent agents that can help consumers cope up with these changes.
The Best Agent Finder has been bringing comfort to all consumers for more than 20 years. They help consumers find the best seller or buyer agents based on their needs. They also have a wide network of thousands of fiduciaries and great agents. Fiduciaries are people can be trusted to put consumer’s interest ahead of their own. In this way, consumers will be able to relax and can just let the fiduciaries do their job and partnership with them.
Consumers may now enjoy the comforts of having fiduciaries with the use of trusted and hassle-free consultation service offered by the Best Agent Finder at no cost. Go to this page in the Buyer Agent Search site to start looking for highly experienced and top-notch fiduciaries anywhere in the United States, Canada, and Costa Rica.
The radio show hosts, Barry Miller, and Larry Stanley will present a free 100-minute workshop about the residential real estate investing on November 27, 2018, from 7:00 PM to 8:45 PM. This presentation aims to help consumers and investors understand how the process of real estate investment works and how to be the smartest investors. The workshop will also provide information on the hottest deals in the hottest markets. It will assist consumers with tools to evaluate the best investment property anywhere in the United States.
Interested participants use the contact form at BuyerAgentSearch or may call 303-758-4040 to register.