December 5 2022
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December 5 2022
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About this listen
Whether you're an agent or an investor, things are slow. Retail buyers are a little slow on trends and it takes a bit of sensation for them to jump on the wagon. The US 10 Year is at 3.5ish% and there is an opportunity for buyers to get new construction with year one payments at 4.5%!! If you're an investor buyer - sorry - it's also slow - new listing inventory is dropping and if your job was to buy properties at the auction - you'd be bored out of your mind. This may be our reintroduction to seasonality. Are we just waiting for the market to pick a direction in Q1?
🔵 Mortgage rates dropping
🔵 New Listing inventory dropping
🔵 Foreclosure dockets very low
🔵 Is seasonality making a come back?
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.