Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
It is time for your true real Estate nine to
one one midweek update with your local real estate pro
Lisa True. Lisa, you were telling us to lead up
to the election, it was natural for there to be
a bit of a pause in the local real estate
market as people are trying to wait for political direction.
Then we anticipated, given the outcome of the election, that
(00:20):
we would see the floodgates open. You're starting to see that,
tell us what's going on.
Speaker 2 (00:24):
Yes, Brian, the numbers from October is exactly what we
said they were going to be. Inventory for single family
homes listen to this went up to five months. We
have not seen that for many, many, many months. And
the nice thing about that, if you're a buyer, there's
still a lot of choices that maybe weren't there if
(00:45):
you looked last year, prices went down just a little bit,
not really a whole lot there. The medium sales price
was six twenty one five for a single family home.
So what does that mean you? Activity is now up.
If you are you're a buyer and you're just waiting
and waiting and waiting, or you're busy with the holidays,
this is really a great time for you to get
(01:06):
out there and benefit from more choices before season starts,
which is almost here. We can already tell it from
our roads, right.
Speaker 1 (01:15):
No doubt. And you talk about the amount of available inventory, yeah,
five months, My gosh, I feel like we have to
go back to like the early months of COVID the
last time we were at that level.
Speaker 2 (01:26):
Yes, I mean last year we were still in the
three months of inventory range. It is really a great
time to be a buyer now. That doesn't mean that
prices are crashing. You can see that in our media
and sales price. It's just you have more choices, more options,
and you can actually get into a home and not
have multiple, multiple offers.
Speaker 1 (01:46):
Truser here to help you. Give them a call five
six to one, ninety seven to two eighty three twenty six,
visit True real Estate nine to one one dot com,
or just google a true group that's tr EU group
It is time for your true real Estate nine to
one one midweek update with your local real estate pro
Lisa True. Lisa, you were telling us to lead up
to the election, it was natural for there to be
a bit of a pause in the local real estate
market as people are trying to wait for political direction.
Then we anticipated, given the outcome of the election, that
(00:20):
we would see the floodgates open. You're starting to see that,
tell us what's going on.
Speaker 2 (00:24):
Yes, Brian, the numbers from October is exactly what we
said they were going to be. Inventory for single family
homes listen to this went up to five months. We
have not seen that for many, many, many months. And
the nice thing about that, if you're a buyer, there's
still a lot of choices that maybe weren't there if
(00:45):
you looked last year, prices went down just a little bit,
not really a whole lot there. The medium sales price
was six twenty one five for a single family home.
So what does that mean you? Activity is now up.
If you are you're a buyer and you're just waiting
and waiting and waiting, or you're busy with the holidays,
this is really a great time for you to get
(01:06):
out there and benefit from more choices before season starts,
which is almost here. We can already tell it from
our roads, right.
Speaker 1 (01:15):
No doubt. And you talk about the amount of available inventory, yeah,
five months, My gosh, I feel like we have to
go back to like the early months of COVID the
last time we were at that level.
Speaker 2 (01:26):
Yes, I mean last year we were still in the
three months of inventory range. It is really a great
time to be a buyer now. That doesn't mean that
prices are crashing. You can see that in our media
and sales price. It's just you have more choices, more options,
and you can actually get into a home and not
have multiple, multiple offers.
Speaker 1 (01:46):
Truser here to help you. Give them a call five
six to one, ninety seven to two eighty three twenty six,
visit True real Estate nine to one one dot com,
or just google a true group that's tr EU group
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy And Charlamagne Tha God!