Amidst global anxiety over turbulence in Ukraine and an evolving pandemic, the sense of safety and stability that home ownership brings continues to drive a frenzied real estate market. But Americans looking for a place to call home aren’t the only ones creating demand. In this episode, Cherise and Judy discuss another category of buyer that’s bringing an already “crazy” real estate market to a fever pitch. They also address how what’s going on in Ukraine may affect interest rates, and share a simple formula that can tell you how an interest rate change may impact your purchasing power. Judy speaks to the challenge of pricing homes, and Cherise addresses the rise in buyers purchasing older homes that need work, and how realtors can bring specific value and guidance to these clients.
Cherise Selley and Judy Steenland talk about what it takes for buyers and sellers to succeed in a complicated real estate market both in Colorado Springs, and in other locations across the country. Subscribe and hit the notification bell for updates on weekly episodes where we discuss what it really takes to succeed in real estate!
Although we’re based in Colorado, our experience can benefit buyers and sellers, and real estate professionals nationwide.
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