Autumn Marie - Realtor

One of my clients is getting ready to sell and his home has appreciated about $103,000 in just 5 years! When they say the best time to buy real estate was 5 years ago... it is no exaggeration!

According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way?

It has a lot to do with all the negative talk about home prices over the past year. Since late 2022, the media has created a lot of fear about a price crash and those concerns are still lingering. You may be hearing people in your own life saying they’re worried about home prices or see on social media that some influencers are saying prices are going to come tumbling down.

If you’re someone who still thinks prices are going to fall, check out the latest data you can trust.

Housing market experts acknowledge that nationally, prices did dip down slightly late last year, but that was short-lived. Data shows prices have already rebounded this year after that slight decline in 2022. (Graph 1)

But it’s not just Fannie Mae that’s reporting this bounce back. Experts from across the industry are showing it in their data too. And that’s why so many forecasts now project home prices will net positive this year – not negative. (Graph 2)

What’s worth noting is that, just a few short weeks ago, the Fannie Mae forecast was for 3.9% appreciation in 2023. In the forecast that just came out, that projection was updated from 3.9% to 6.7% for the year. This increase goes to show just how confident experts are that home prices will net positive this year!

🔥 AUGUST 2023 🔥
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August 2021, I had my FIRST closing. I was on the edge of my seat for that entire transaction. I was constantly thinking about my client and was ruminating whether or not I was doing everything I needed to ensure it closed on time and with the best terms. That same heart is still in each transaction I have, but less stress and far more confidence!
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I am blessed to see my business take off in just two years. I wouldn't be where I am without all the people who have come up next to me for a season of coaching or for just a moment to give an encouraging word.
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If you're just starting in real estate and you're not seeing the results like you had hoped.. just stick with it. This industry is about consistency and compounding habits. If you're doing the work, it is just a matter of timing. Keep going!

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We are so excited to announce The Walters Team is officially the exclusive listing team for Wilcoxson Custom Homes, LLC in the Mallard Point Subdivision in Columbia! Within just 13 minutes from the University of Missouri, downtown Columbia, neighborhood parks, grocery stores, & more! We currently have 7 homes ready and 13 lots available to be built on! Message me for more details! 📧