In the midst of a correcting real estate market, Cherise Selley and Shawna Uehling discuss fresh statistics and how they can inform both buyers and sellers to create win-win transactions.
Among the points discussed include:

What is the current state of residential inventory in the Colorado Springs region? Are we still undersupplied?

Are foreclosures in the area skyrocketing? Will there be a foreclosure crisis in Colorado Springs this year?

Are we still in a seller’s market?

What can help bolster buyers’ purchasing power?

What are the best moves for sellers right now?

Cherise also shares some national statistics, juxtaposing the average monthly mortgage payment compared to last year with the change in the median household income during the same period of time.

Finally, Cherise shares some poignant, empowering advice for first-time and last-time buyers.

Podcast Highlights

00:00      Introduction to today’s show
0:42        Recap of July Stats
1:54        We’re Still Up Even in a Correcting Market
2:15        Heads are Getting Back into Real Estate
2:40        Stats Bill McAfee Has Shared on Forecasting
3:36        We are Still Undersupplied
4:15        The Danger zone and Foreclosure Crisis
5:20        Article on Homes Being Unaffordable
6:20        Still in a Seller’s Market
8:15        Expect Buyer Concessions
8:46        Market Conditions Nationally
10:05      Mental Health and Taking Accountability

Cherise Selley and the Group 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, selling Colorado Springs Home for Sale, our experience can benefit buyers and sellers, and real estate professionals nationwide.

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