Steffy Hristova

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January 2023 Real Estate Market Update

Posted On: February 15th, 2023 9:19PM

The real estate market experienced a rollercoaster year in 2022. The year started strong for Sellers, with fast rising prices.

 

But when interest rates started rising inApril, buyer activity dropped, quickly shifting the market to a buyer's market.

Last year saw the fewest annual sales since 2015.

The increase in Buyer activity we've seen in the last few weeks might indicate that we have hit the bottom of the market.

Please watch the video for more details, data and trends. Please click on the link:

https://www.youtube.com/watch?v=MAQV68onKRI&t=7s

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