They’re here! In this episode of The Real Estate Show, Cherise Selley shares real estate statistics for single-family homes in El Paso County, Colorado for May 2022. How have the average and median home prices changed since last month, and this time last year? What’s happening with inventory? (Hint: there may be a glimmer of hope for first-time buyers!)

By the way, have you ever wondered, what’s the difference between the average home price and median home price? You’ll get the answer in this video.

Cherise is joined by Shawna Uehling, and together they discuss the results of a recent national survey suggesting that a large percentage of home buyers regret their recent purchases, particularly when it comes to the type of mortgages they took on. Shawna explains both the jumbo mortgage and the ARM (adjustable rate mortgage), and advises how current home buyers can avoid home buyers remorse.

Podcast Highlights

0:00 – 0:27 Shawna Uheling and Cherise Selley
0:28 – 1:17 Average Home Price Drop – May 2022 for El Paso County
1:18 – 1:53 Median Home Price Has a Slight Increase – May 2022 for El Paso County
1:54 – 2:12 The Playing Field May Start Leveling Out a Bit
2:13 – 2:34 Total Active Listing in May 2022, up 40.9% for El Paso County
2:35 – 3:21 As Supply is Going Up, Prices May Be Stabilizing, & Month’s Supply
3:22 – 3:57 The Good News for Buyers in this Real Estate Market
3:58 – 4:36 Buyer Home Purchase Regrets up to 70% in this National Survey
4:37 – 9:20 These Buyer Loan Decisions Have Led to the Biggest Regrets
9:21 – 11:11 How Can a Buyer Buy Now and Avoid Regrets?
11:12 – 13:17 Personal Story of a Client who Smartly Avoided Home Buyers Remorse
13:18 – 13:59 Be a part of the 30% of the Buyers Who Avoid Regret

Cherise Selley and the Group talk about what it takes for buyers and sellers to succeed in a complicated real estate market and housing market predictions 2022, 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.

The Real Estate Show is available on Spotify, iTunes, and on YouTube! Looking to learn more about us? Follow along with Selley Group Real Estate online!

✅ https://www.instagram.com/selleygrouprealestate/
✅ https://www.facebook.com/SelleyGroupRealEstate
👨‍💻 https://www.selleygroup.com/

  SUBSCRIBE