Spring Selling Season is Over (Now What?)

In this episode, we dive into the intricacies of the housing market post-spring selling season with Beth Traversal, a top 1% agent in the country. We explore the significant home price appreciation in Washington state over the past 40 years and discuss current market trends, including year-over-year growth despite higher interest rates. Beth shares valuable insights into seasonal market changes, the psychology of buying and selling, and tips for both buyers and sellers in today’s market. Whether you’re an investor or looking to buy a home, this episode offers essential advice for navigating the shifting real estate landscape. [00:00:00] Introduction to Beth Traversal and the impressive 828% home price appreciation in Washington state over the last 40 years. [00:02:11] Impact of major companies like Microsoft and Amazon on the real estate market in Western Washington. [00:03:39] Historical context: Boeing's influence in the 1980s and how economic drivers have shifted. [00:05:23] Discussion on the spring selling season ending and the current market conditions in King County. [00:06:56] Observations on seasonal patterns in the housing market and the return to normalcy. [00:08:03] Advice for buyers: Timing purchases during holiday weekends for better deals. [00:09:50] Market slowdown: Increase in inventory and price drops in certain areas. [00:12:04] Strategy for investors: Tracking days on market and making strategic offers. [00:14:07] Encouragement for buyers to take advantage of the current slower market conditions. [00:16:13] Closing thoughts on the normalization of the market and opportunities for both buyers and sellers. Beth Traversal Group Thank you for tuning into this insightful episode on the current housing market trends. If you enjoyed the episode, please rate, follow, share, and leave a review. Your feedback helps us bring more valuable content to you. For those interested in buying or selling in King County or needing a referral to a top agent anywhere in the country, visit Beth Traversal Group. See you next time! Key Talking Points:Links & Resources:Closing Remarks: 📖 BUY One Rental at a Time https://amzn.to/3jt3JFx 📣 Audible Version Here https://amzn.to/3jtLDTQ OR 🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm Dion from Dion Talk is Narrator!!! NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us 📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/ 📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join! JOIN HERE: https://bit.ly/3tEQhRm TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution! 💎 How to Get Started One Rental at a Time: This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals. JOIN HERE: https://bit.ly/3uDrkHq 💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending. JOIN HERE: https://bit.ly/3wbN9yr 📲 MENTORING OPTION: I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request. JOIN HERE: https://bit.ly/3hivsc5 ✍️ FREE COURSE: I put together a Free Course so people can get to know me a little more and have fun getting started with no cost. JOIN HERE: https://bit.ly/3hdMbgK 📣AUDIOBOOK: https://amzn.to/3jtLDTQ PLEASE LEAVE 5 Stars! *** Tag me on IG with a book selfie! 🧢 MERCH: I have created some fun merchandise designed by my daughter. Check out Merch Page here: https://one-rental-at-a-time.myshopify.com/