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Market is changing
October 24th, 2022 5:32 PM
Here we are in October 2022 nearing the end of the year. The last two years have been wild as one would say in the real estate market. Most residential appraisers were busy. I normally don't take on bank lending work but decided to. Along with making some money of course it also keeps your skill set fresh on seeing sales and analyzing them. Also meeting homeowners can be a challenge or an enjoyable experience.
If you have been listening to the news they are predicting with these increasing rates we could be in for a slowdown which is starting now. Oh yes, values might go down but your home is still a place you have to live and enjoy.
Let's hope for the best. Maybe they will be wrong in their predictions but history I think shows otherwise. The economic cycle repeats itself. Stay safe and warm. Please call me if you have any real estate questions 609-203-1194
Did I just put a snow pic for October?
Posted in:
Real Estate Market
and tagged:
changing real estate market
Posted by Ray Underhill on October 24th, 2022 5:32 PM
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