Understanding the Real Estate Market: A Deep Dive into What Defines a ”Healthy” Market

Nitty Gritty Real Estate

Join Heather Oliboni and real estate industry veteran Tom Krieger, from the Tom J Krieger team, as they dissect the intricate world of the real estate market. With over 40 years of experience, Tom brings a wealth of knowledge about the ebb and flow of markets, while Heather adds insights from her 8-year experience post-crash. In this episode, they discuss:

• Interest Rates and Affordability Index: How do interest rates affect mortgages and home affordability? What does the history say, and how do we compare to the early eighties?
• The Healthy Market Metrics: What are the signs of a balanced market? How do days on market, absorption rates, and supply and demand impact the market dynamics?
• The Impact of Covid on Home Prices: How has the pandemic influenced property values? How are the buyers and sellers reacting to the current market scenario?
• Buyer's vs. Seller's Market: What's the difference, and what signals a shift in the balance? Tom and Heather dive into the details that define each market type.

If you're looking to buy a home, sell a property, or simply interested in understanding the complex mechanisms that drive the real estate market, this episode is for you. Tune in for an engaging and informative discussion that offers valuable insights whether you're a newbie or seasoned professional.

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https://TheTJKTeam.com

Keller Williams Southern Arizona
7400 N Oracle Rd #331
Oro Valley, AZ 85704