Our market isn’t crashing. Instead, it looks like it’s normalizing.

“Is the housing market about to crash?” We’re asked this question almost daily from clients, and it’s easy to see why. Everywhere you look, it seems like news outlets are predicting a crash. However, is it true? In our opinion, we aren’t heading for a crash, and today we want to talk about the reasons why. 

It’s undeniable that our market is changing. Inflation and rising interest rates are hurting affordability, and many buyers are taking a step back as a result. Don’t worry—this is a normal process and doesn’t mean we’re heading for a crash. Instead, it looks like our market is normalizing. That means homes won’t be flying off the market anymore, and buyers might have more opportunities to find a great home.

If you’re a seller, it’s not too late to get a great deal for your home. Interest rates are still low from a historical perspective, and home prices are expected to remain stable. You just have to be smarter about how you sell your home. You can’t just throw a for-sale sign in your yard and expect to receive 20 offers over a weekend anymore. You can still get top dollar, but you have to be strategic about your marketing and pricing. 

“Proper pricing and great marketing matter now more than ever.”

Condition and staging also matter. We always recommend staging, but now it’s crucial if you want the most money possible for your property. If you work with us, we’ll employ the best marketing firm in the country to market your listing, and we regularly check in with our clients to ensure they’re informed about our market. 

The bottom line is that there is no reason to be afraid. Whether you’re looking to buy or sell, there are plenty of opportunities in this market. If you are interested in making a move or have any questions, please call or email us. We are always willing to help!