Seasonal Adjustments in Real Estate Market

The Barry and Larry Vestera Real Estate Program Radio show

8:00-9:00 AM | November 05, 2022

On the show:

Barry Miller (Host, and Real Estate Agent with Remax Masters Millenium, Denver, CO)
Larry Stanley (Consumer Guy, Co-host, Barry and Larry Consumer’s Real Estate)
Kathleen Chiras (Broker/Owner/Association Manager. National Buyers Agents Association)

Seasonal Adjustment in real estate market

• Doing a little more than seasonal adjustment
• A lot of the cooling is tied in the last 6 months
• It slows down after Labor Day and experts are seeing the same thing this time
• Mortgage rates have more than doubled since a year ago
• In relative terms for the Denver metro area, in November it will not be selling 1500 homes like may June July, and August
• More like 2000 homes which are somewhat significantly seasonal
• The sellers would have to be aware that many homes are on the market

Not only do you need a very good agent you need a very good lender who knows and watches the market. But good agents know that information too” – Barry Miller (Host, and Real Estate Agent with Remax Masters Millenium, Denver, CO)

• The slowest 3 months of the year is November, December, and January
• These months are slow because there are fewer sales taking place in the real estate market
• BUT you’re an active seller and active buyer, they shouldn’t be slow
• Not experiencing too much of a slowdown this month in terms of interest even though there’s a problem with higher interest rates
• The National Buyers Agents Association makes sure that every buyer is connected to agents who are familiar with the towns and have helped previous clients with that particular town
• Accessibility with accountability can be achieved through calling NBAA and having recommended a few agents
• 1. Accountable to the association in a way they have been pre-vetted
• 2. Accessible is not only through pre-screening but also through pre-interview questions to vet their own agents

Get the best buyer agents in town for your home search!

The National Buyers Agents Association has a network of top-rate fiduciary buyers agents, as well as a resource of good listing agents. Good listing agents will be skilled in getting you top dollar for your home. Buyer agents mostly have well-established connections to other business professionals who can help make your move less stressful. Simply communicate your needs by filling out the online form where you can get immediate results.  Also, the association manager, Kathleen Chiras, and her staff will contact you back as soon as possible. For faster access to top buyer agents, fill out the form or call 800-383-7188, Mondays through Sundays. The service is continually adding new videos on the home buying and home selling process, so check out our YouTube channel today! See you there!