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So, how do the real estate market statistics give us insight?
While no one has a crystal ball, we do have statistics and patterns that can tell us a lot about the overall health of our real estate market.

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It can get scary with all the news of Inflation, an impending Recession, Rising Interest Rates, Volatility in the stock market, all the conflicting news reports that home values are going to be decreasing in the future.
Are these economic twists and turns going to affect the value of your biggest asset? Your home ?

FACT:
The law of supply and demand is the real driving force behind our real estate market values.
If there is a larger supply of homes than there are Buyers, values will soften. If there are more Buyers than supply of homes, the values will continue to increase.

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The MAC Home Team, Brokered by eXp Realty