This is the best time to buy a home since ... WHEN?!?

  Рет қаралды 42

Rob Foglia, Real Estate Reset

Rob Foglia, Real Estate Reset

Ай бұрын

With rates normalizing around 7% over the last year or two, today's market and inventory levels make this the best time to buy a home since ... WHEN?!?
Find out in this short video, where we'll look at rate and inventory trends, and I'll discuss how buying a home today stacks up with recent years.
As always, reach out if you need anything. No question is too big or too small, I'm happy to answer them all.
Also, for my real estate friends, check out my book! It'll help you fit real estate into your life rather than having to fit your life around real estate. Buy it here! -- bit.ly/rerbook
#nashvillerealestate #nashville #nashvillerealestateagent #marketupdate #interestrates #homebuying #homeselling

Пікірлер: 3
@xbud
@xbud Ай бұрын
Still, appreciate the effort, your analytical work is commendable. Just need to review the data inputs.
@xbud
@xbud Ай бұрын
You can't be comparing pandemic era rates to post pandemic era rates. The pandemic was an outlier and outliers are supposed to be excluded from the data set when doing analysis to ensure an apples to apples comparison. I'd be much more likely to believe you if you looked at 2019 vs 2023/2024.
@RealEstateReset
@RealEstateReset Ай бұрын
Rates were 4-5% or less for more than a decade from 2010-2022. Not sure where you're coming from about the pandemic era. The reality is, with the combination of rates stabilizing where they are and the market dynamics locally that this might be the best time to be a homebuyer since rates were 3%. It's a combination of rates and inventory levels that go into this, not just rates.
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