• Navigating Current Market Trends

  • Nov 2 2024
  • Durée: 21 min
  • Podcast

Navigating Current Market Trends

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  • Résumé

  • Realtor Mike Freeman discusses the evolving trends in the real estate market, particularly in Norfolk County. Drawing from nearly a decade of experience and data up until October 30, he examines shifts in sales numbers, inventory levels, median prices, and absorption rates. The conversation highlights the complexity of the market and the importance of understanding these changes for buyers, sellers, and investors alike. Beyond the data, Mike also shares his perspective on new construction, advising against attempting to time the market.

    Topics

    00:32 Market Changes and Trends

    01:53 Sales Data Analysis

    04:13 Inventory and Absorption Rates

    07:29 Future Market Predictions

    10:10 Building Trends and Housing Shortages

    16:14 Driving Pet Peeves

    20:31 Contact Information and Closing Remarks
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