Takeaways:
- Overall, the market continues to improve across the United States.
- The “recovery” seems to be over — now it’s just called a great market.
- The coveted millennial market segment is now purchasing homes.
Nobody talks about “recovery” anymore, do they? The market is strong — better than it’s been in years — and sales are up in all the major markets.
At the same time, we’ve seen some worrisome market indicators as well, including some recent uncertainty in the stock market that may lead to some nervousness.
So where exactly is today’s real estate market? We turned to the expert to find out.
In today’s episode, we’re joined by Jonathan Smoke from Move.com to discuss current trends in today’s real estate marketplace as we enter into the fall 2015 selling season.
Smoke is a 20-year veteran of the real estate industry, the chief economist for realtor.com and a regular guest on Real Estate Coaching Radio. He has established himself in the real estate industry as a highly respected economist and strategic thinker.
[Tweet “The millennials are buying, but they’re not buying the homes you might expect.”]
We’re going to discuss how the continued economic improvement benefits real estate agents across the U.S. We’ll also cover which markets are the best to buy or sell a home in at the moment and the average days on the market across all the major markets.
Smoke will also talk about how an increase in jobs has helped the millennial segment become a great demographic for agents to reach out to (as well as what kind of homes they’re buying — not what you might expect).
Subscribe to Tim and Julie Harris’ podcast on iTunes.
Tim and Julie Harris have over 20 years’ experience in real estate. Learn more about their real estate coaching and training programs at timandjulieharris.com, or schedule a free coaching call with them at freecoachingcallsforagents.com.