A few weeks ago, I was honored to participate in a panel of real estate professionals and speak in front of about 100 other local Realtors. During that conversation, we were asked questions about the shift in the market that many experts are predicting over the next one to two years.
Most predictions say that this shift will be another downturn in the market. My opinion is that it will not affect our general market area. Why?
On a macroeconomic national level, the shift applies to areas that have experienced appreciation, more inventory movement, or low inventory. We’re not having any of those problems here.