Yes, there are significant changes taking place in the housing market and will continue to take place through the end of 2022 into 2023. Using the the most current MLS data (September 2022) my research shows in comparing September housing market information in 2022 to September 2021 housing market data there was a $32,500 median home value reduction, as well as a $55,033 average sale price reduction. The housing market is showing we will likely be heading closer to a balanced housing market in 2023 due to softening demand for homes. A balanced housing market means it does not favor either a seller, or a buyer.
Finding a talented Realtor who has received additional marketing training with a Certified Luxury Home Market Specialist designation (CLHMS) is vitally important. Someone who can present your home and show it off in the best manner will be vitally important moving forward if you want to sell it for the best price, terms, and quicker. We have also received national recognition for being in the top 1% of Realtors on how we market our clients home for sale by prestigious real estate organizations.
John and Becky Durham of the Durham Executive Group and RE/MAX Results are a husband and wife real estate team with 40+ years of combined experience licensed in both WI & MN. Their educational and unique real estate work experiences separate them beyond other Realtors. John is a trainer/consultant, and has received additional training as a licensed real estate Broker in both states. They have received unique marketing training as Certified Luxury Home Marketing Specialists (CLHMS). John and Becky have been recognized and received rare national top 1% marketing awards for the marketing of their client homes from prestigious organizations such as Realtor.com, and Trulia/Zillow. Becky has 30-years of Counseling experience combined simultaneously with 20-years as a Realtor including that as a SRES (Senior Real Estate Specialist) working with those 55+ of age. She is recognized nationally throughout the real estate industry as the Corporate Training Manager for the largest RE/MAX franchise in the world (RE/MAX Results) training 1,400+ Realtors throughout WI & MN.
*It is important for home sellers to understand John & Becky provide award winning marketing expertise to ‘every home owner client regardless of price point.’