Timing the housing market is a strategy many potential buyers and sellers attempt, but it's an approach that frequently fails to deliver the desired results. Even the smartest real estate professionals routinely get it wrong when trying to predict market movements and pricing trends. This week, Justin and Kristin sit down to discuss why trying to predict market movements is so difficult.

When the COVID-19 pandemic emerged, a common belief was that home prices would plummet amid economic turmoil. However, the opposite occurred - prices surged over the following two years as more people spent time at home, driving up housing demand.

Similarly, when interest rates began rising in 2022, many predicted an imminent market crash was on the horizon. But instead of declining, prices continued climbing as housing inventory remained tight with very few homeowners listing properties for sale.

The smartest real estate minds get it wrong with their predictions every single year, highlighting the fallacy of trying to outguess the market. Rather than basing decisions on attempts to time the market, JLG advises making real estate choices centered around your own personal circumstances and objectives. We recommend partnering with an experienced real estate professional who can provide tailored guidance.

Trying to research and time the market independently is unwise. Lean on a knowledgeable Realtor instead to evaluate whether the conditions align with your specific homebuying or selling goals.

The Bottom Line

Avoid the trap of trying to predict an unpredictable housing market. Understanding your individual needs and working closely with a trustworthy realtor is a far better strategy. Reach out to your trusted JLG agent today!

Tune in for weekly valuable insights and practical tips with Justin and Kristin on Atlanta’s Q99.7. This insightful discussion was brought to you by a paid partnership with Kristin from The Bert Show on Atlanta’s Q99.7.

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