Are soaring home prices and rising interest rates keeping you up at night? Put your anxiety to rest as we walk you through the latest Redfin housing market update. Unpacking the complex dynamics of the real estate market, we explore why affordability is at an all-time low and how median home sale prices have increased by 3.2% from last year. Guests like Jocelyn offer their unique perspectives on the state of the market, and we identify the geographical areas where sales prices have risen or fallen the most.

Can we expect a rebound or will the prices continue to drop? Strap in for a detailed dissection of market trends, including a close examination of Redfin's latest data, which reveals an increase in median sales prices in a rolling four-week period. We delve into the implications of rising interest rates on real estate transactions, the resurgence in demand, and the importance of correctly pricing a property in the current market conditions. In a candid discussion with Jocelyn, we explore why now might be the time to stop waiting and start investing. Don't miss out on our analysis of where we stand in the historical 4% appreciation trend line. Get ready for a deep dive into these dynamics and more!

Here is a link to the articles we are referencing:
1. https://www.zillow.com/research/home-values-keep-climbing-in-spring-shopping-seasons-last-hurrah-july-2023-market-report-32943/
2. https://www.redfin.com/news/housing-market-update-monthly-mortgage-payments-near-record-high/

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