With interest rates on the rise and inventory increasing, the intensity of the market has changed rapidly over the last 2 months. What was an extreme frenzy sellers market, is now becoming a more balanced market in some parts of the county. Joy Edwards Brown and Paul Balzotti discuss this shift, and tips for buyers, sellers, and Realtors who are needing to work differently then they have in years.
Joy Edwards Brown has been a full-time Realtor for 12+ years, and has additional credentials including her managing brokers license, and she is also a certified trainer for John L Scott's Real Estate Agent Mastery Program (RAMP).
0:35 Joy Edwards Brown background.
2:20 Working through the 2009-2011 Real Estate market.
4:05 2020-2022 Real Estate extreme frenzy market.
4:47 Joy on setting buyer and sellers expectations in a shifting market.
10:20 Why we are seeing so many price reductions.
14:55 Getting buyers ready.
20:30 Predictions for the next 12 months.
You can reach Joy at joyedwardsbrown@johnlscott.com.