Real Estate Review Jan 2022 Sample

Real Estate Review Casual Conversation Market Update Your Home's Review

Tim Moore | REALTOR® 502.741.7646 | tmoore@semonin.com

"Successful buyers are...

prepared, ready to make decisions, and know that finding a home is NOT a selection process... it is an elimination process"

"Successful sellers are...

sufficiently motivated to go through the challenges of marketing and selling their home in order to make a move."

Real Estate Review Casual Conversation What's been happening Professionalism... I'm a REALTOR® Market Update National, State, Region, County Inventory, Rates, Sales Prices 2022 Forecasts Your Home's Review Neighborhood Update Home Valuation Range If you sold, what next Home Preparation Buying and Selling Plans

Casual Conversations

Catching up over a beverage of choice, sharing our life a bit

Still, I'm a REALTORS®, with a code of ethics to follow... what is said in a review, stays confidential... ALWAYS.

Market Update Market Update National, State, Region, County Inventory, Rates, Sales Prices 2022 Forecasts

Marketplace Drivers FRED | FHFA Appreciation Inventory Sales Price (Average|Median) Interest rates and the economic predictions

1

US set for fast rebound (4.5% growth) Housing Market Strong Federal Reserve to pursue expansionary policy Bottom Line Very STRONG Outlook

Millennials buying homes in large numbers New construction lagging years behind HISTORICALLY low inventory of homes for sale

2

Interest Rates

Bottom Line Very LOW Inventory

3

Housing Inventory

The Economy

What Drives the Marketplace

50 year lows in mortgage interest rates Price appreciation negates low rate benefits Low rates predicted to continue past 2021 Bottom Line Very FAVORABLE Rates

Market Appreciation

On average, a home is the largest single investment in the USA

Average US housing appreciation since 2000 2005 - 50% | 2010 - 30% | 2015 - 53% | 2020 - 108% | 2021 - 146% Seattle, WA 2005 - 54% 2010 - 43% 2015 - 86% 2020 - 190% 2021 - 243%

Louisville, KY 2005 - 22% 2010 - 22% 2015 - 37% 2020 - 84% 2021 - 112%

Boise, ID 2005 - 48% 2010 - 13% 2015 - 66% 2020 - 220% 2021 - 339%

Kentucky 2005 - 22% 2010 - 24% 2015 - 35% 2020 - 79% 2021 - 108%

Los Angeles, CA 2005 - 144% 2010 - 71% 2015 - 131% 2020 - 222% 2021 - 284%

Denver, CO 2005 - 22% 2010 - 17% 2015 - 74% 2020 - 157% 2021 - 206%

Data Source: FHFA.gov Qtrly Purchase Only Indexes - Q3 2021 Top 100 Metro Areas Updated: January 2022

Austin, TX 2005 - 14% 2010 - 35% 2015 - 91% 2020 - 177% 2021 - 271%

Miami, FL 2005 - 130% 2010 - 53% 2015 - 113% 2020 - 201% 2021 - 264%

Market Appreciation USA Avg Sales Price 1965 - $21,500

1985 - $98,500 2005 - $288,500 Latest - $453,300

Market Appreciation

Source: KYR Housing Statistics

Market Appreciation Greater Louisville - 9 County Area

Market Inventory # Listings Taken & % of Success

Inventory Predictions

Interest Rates

Economic Predictions

Inflation Concerns

Unemployment / Total Jobs

Pandemic Effects

2022 Forecast/Predictions

Inventory to Increase Slightly

Continued Sellers Market

Sales Prices Will Increase

Year-end Interest Rate - 30 Year - 3.7%

Your Home at ...