Real Estate Market Shift in December 2022.  Is this a market Crash, or Not?What's going on with interest rates?How about the Holiday Season, what does the holiday do to the real estate market?This and more answers as I have a Special Guest, Chris Madrid - VP of Mortgage Lending on the show to help answer all our questions.

https://troysage.com/podcast/ 5 Key Factors in Buying New Construction - Troy Sage Real Estate TalkLearn the 5 Key Factors in purchasing new construction and understand Pricing, Availability, Builder Upgrades, the Buying Process, and Timeframes from contract to keys.For additional info and home searches go to www.TroySage.com

Real Estate Talk with Troy SageIs the Sky Falling?  Is the market going to crash in 2022?  What's predicted for the Real Estate market for the second quarter of 2022.For more information go to www.TroySage.com

Real Estate Talk Podcast Market Update with Stephanie WatermanHosted by Troy SageSpecial Guest Stephanie WatermanLake Elsinore California real estate news and update on the market.https://troysage.com/podcast/

Real Estate Talk Interest Rates Increase, but buyer demand remains the same with only 5% decrease in buyers qualifying,  Sellers wanting to sell but don't want to rent back.  Solution "Buy Now Sell Later" program.  We have a solution.New Construction changing the way they sell.  Getting rid of the Waiting List?  Keep current with the latest Real Estate Market trends!!

Lions, Tigers, and Bears boy oh boy the Real Estate market is changing.  Interest Rates are increasing, supply of resale homes is low, and builders can't keep up with demand for new homes.What to expect for the rest of this quarter, and how to purchase a home in todays market is the topic.  For owner occupied homes to investors this information is vital.

Feb 2022 and there is an Interest Rate Increase for mortgages which is changing the real estate market.  Increasing inventory across the country.  What does this mean for the consumers, banks, and economy.

Real Estate Market Conditions and Market Movement Jan 16, 2022It's amazing what 7 days will make.  It feels like just yesterday we were talking about the effect of increasing interest rates and what it will do to today's market.  Well, interest rates are on the rise, but supply is low so prices are going up and so are rates.  So what does this mean?  Listen to our podcast and find out!

2022 Real Estate Market PredictionIn 2021, we experienced RECORD high Sales Prices, extremely Low Days on Market, Multiple Offers, Appraisal Contingencies being removed within the offer or the differences between the appraisal and purchase price being paid for by the buyer, and LOW Interest Rates.  Needless to say it was truly a sellers’ market throughout the year. Most of the country witnessed DOUBLE DIGET equity in 2021.  Meaning if you purchased a home in January of 2021, by the end of the year you had double digit percentage equity.  This not true in all markets, but on average homeowners witnessed between 10% - 14% equity within one year. What Caused this type of market?  Well, the market according to the average absorption rates all point to the imbalance of available homes or SUPPLY and DEMAND.  When you combine low supply and low interest rates, you get a Sellers’ Market and all that comes along with it.  Multiple offers, bidding wars, paying above appraised value, etc. There are additional factors that effected the market in 2021 beyond the low interest rates and Supply and Demand, which include Rental Rates increasing and New Construction slowing down.   With rental rates increasing we found renters stepping away from renting and purchasing homes, and Builders simply could not build homes fast enough.  With the new construction slowing, Resale homes were able to take advantage of the supply and demand imbalance. 2021 was a wild market but what do we expect the market to do in 2022?   Let’s discuss a few factors and get more familiar with what’s happening right now today. The supply and demand imbalance is still here.  This has not changed and that’s due to the continued Low Interest Rates and the demand for housing.   We can also add the fact that Rental Rates are increasing and there is an expected 7% up to double digit rent increase averages throughout the country for 2022.  Builders and New Construction are trying to provide relief for the supply and demand imbalance, but the challenge is building supplies, labor, and issuing certificates of occupancy.  Some people don’t understand that there are a limited number of Inspectors working in each city and county, and unfortunately the inspectors are inundated with inspection request and they simply can not keep up with the demand.  In some cases builders are 8 months to 12 months from start to finish when building a home.   With new construction taking so long, some homeowners are choosing to not sell their property until they are closer to getting keys to their new home, or they are forced to rent on an interim bases.  As you can see, waiting on new construction to be completed is pushing house prices up for resale, and allowing the inflation and increased rental rates. We are expecting interest rates to increase this year.  When will that happen, we honestly do not know, but all indicators point towards the end of the second quarter of 2022.  As the Feds increase interest rates, banks and lenders will have to increase interest rates to the general public, which will cause some homebuyers out of the buying field but not enough to make a major difference. I would predict housing to look the same in 2022 when it comes to the Supply and Demand imbalance.  I would also think equity and pricing to not increase as much in 2022 as in 2021, but don’t be surprised if housing still experiences close to double digit equity and price increases. If you’re a seller it’s a great time to see because of the Supply and Demand imbalance, and the low interest rates.  If you’re a buyer it’s a great time to buy before the interest rates increase.  I don’t feel an increase in interest rates will make up for the supply and demand issue we are experiencing. Bottomline is we will see a shift in the market, but I don’t e(continued)

Is the Market Changing?On this episode of Real Estate Talk what we are going to discuss is what's happening in the market right now. And what do we predict for the rest of August into September and then the final quarter of the year. So let's get started. Let's think about this a little bit. If you've been following the podcast, and if you have been listening to other real estate professionals and finance professionals, you have heard from the beginning of the year that there could be a bubble, there could be a bubble, things could burst. Are things slowing down, are things changing? Yes, absolutely things are changing. Let's start with new construction.What's expected for the rest of the year?Not a burst in a bubble as some think.  The market is now slowing, it's adjusting.  We are so use to a lighting fast market that things are feeling weird for a home to sit on the market for even a couple of weeks.  This is normal, not a declining market.✅ Housing Inventory is low✅ Housing Demand is high✅ Interest Rates are low✅ What buyers and sellers need to know about the market