July 2022 National Real Estate Market Update Part 5: Is a Market Crash in the Cards?

July 2022 National Real Estate Market Update Part 5: Is a Market Crash in the Cards?

In the first half of this year we have already seen a huge shift in the market after the last few years that we have had, What does that mean for you and your home? Experts across the board do not believe we are in a bubble, and we have a lot of experts to bring to you today. Hi, I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty ….let’s dive right in. Realtor.com states, “Experts don’t believe the market is in a housing bubble or a crash is in the cards, like during the Great Recession. The nation is still suffering from a housing shortage that has reached crisis proportions at a time when many millennials are reaching the age when they start to consider home ownership. That’s likely to keep prices high.” With millennials being the second largest generation we currently have, the increase in buyer demand that’s been driving a price increase is not a short term problem. Inflation and the possibility of a looming recession also appear to not be short term problems. But don’t let that scare you either. You can see here (Slide 5) that recession does not equal a housing crisis or crash. More often than not, the housing market actually improved. So these fears are no reason to stay out of the market! That’s what the future of the market looks like according to experts. 

And ask me about my tiered home selling plans where you get to pick which real estate services you want and the fee you pay offering you simplified and transparent choices! Whether it’s YOU, or SOMEONE YOU KNOW, I’m here to help with your home buying and selling needs and take amazing care of you. I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty and I’m always here to help. Reach out anytime even if you’ve just got questions.

I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit. 

Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?

Click here—> I WANT TO GAIN ACCESS TO THE *HOME BUYER* SEMINAR NOW

Click here—> I WANT TO GAIN ACCESS TO THE *HOME SELLER* SEMINAR NOW

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