Episode 18: 2022 Real Estate Statistics Part 2 (And Things to Keep In Mind in 2023)

20/12/2022 28 min

Listen "Episode 18: 2022 Real Estate Statistics Part 2 (And Things to Keep In Mind in 2023)"

Episode Synopsis

🎙️EPISODE EIGHTEEN
Real estate is a numbers game and how are you supposed to compete if you don't know the metrics for your market. It's not just good to be up-to-date, but today it’s a necessity to keep up with the latest market trends. We've put together this video on these changes year after year. This is part 2 of 2 and we're going to go through some more stats that are important to know in order to stay competitive in the industry as well as yourself. What's your seller's market or your buyer's market? All that will change how you approach your clients and how you approach your income as an agent as well.

🗝️WELCOME TO BEYOND THE KEYS🗝️
A Pat Lotz Real Estate Podcast where we take a deep dive into all the craziness that goes on behind the scenes in the Real Estate World and more specifically what Pat and Chris experience on a day-to-day basis! We will be dishing out all the secrets, twists and turns, helpful hints and everything YOU need to know to be successful in your next Real Estate transaction...and some funny and unique jokes along the way!
❓Did you have a question that didn't get answered in this week's episode?! We would be more than happy to answer that and ALL of your questions any day of the week - just give us a call, text, email or dm!

EPISODE TIMESTAMPS:
1:07 - 120M Occupancy
3:32 - Interest rates
4:15 - Vacant units
6:29 - Average listing price
8:10 - Median home prices
10:31 - Days on the market
13:24 - Competition pricing
15:05 - Expectations and goals
16:56 - Below market value
19:02 - Interest rates (again)
21:53 - Millennials buying
25:24 - Number of homes sold

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#markettrends

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