This year is a dance to race back to “normal”. In contrast, this isn’t 2008 normal, 2021 normal, or even 2022 normal. How do you find the new steps in this dance? Please let us know how we can help you and please enjoy listening to this sage advice from Bill McAfee and Cherise Selley to see a fresh 2023 perspective concerning real estate.

Podcast Highlights

0:00 – Intro Bill McAfee and Cherise Selley
0:58 – Racing Back to “Normal”
1:30 – Crash Market Vs. This Current Market
2:23 – Explaining 2020-2021 Real Estate Appreciation
3:00 – We Are Not Repeating a 2008
3:30 – 2023 Foreclosures and Short Sale Prediction
3:43 – Good News For Buyers Who Bought in These Past Years
4:33 – National Home Appreciation Over the Last Three Years
5:10 – Builders In 2008 VS 2023
5:28 – Loans in 2008 VS 2023
5:42 – Have This Mindset if You Buy Now We Are Not in Disney Times
6:26 – NAR National Housing Report Trend vs. Local Housing Stats
7:02 – 2022 vs. 2023 Prediction for Appreciation
7:41 – Typical Appreciation for Real Estate in Colorado Springs
8:05 – National Housing Top Appreciation & Deprecation Areas
9:12 – Household Income in Colorado Springs vs. Home Pricing
9:53 – Tension Between Home Prices Needing to go Down & Supply Shortage
10:23  – Bill Dives Deep into Running Average for Home Prices
11:44 – Current List Price Vs. Sales Price Stats vs. Previous Year
12:38 – Denver Shrinking Inventory vs. Colorado Springs Inventory
13:33 – A New Kind of Sellers Market in Colorado Springs
14:43 – Average Number of Years in Colorado Springs to Own a House
15:36 – Sage Advice on Buying Your Residence vs. Investment Buying
18:05 – Bill Brings a Balanced Approach to the Market
18:30 – Bill and Cherise Speak about how Peak Producers Impact the Community

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, 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!