Apr 26, 2023
On this episode, Dana talks to James Shaw at a One Team event. James discusses his background and role in Keller Williams, as well as his Facebook group Pivot Shift Ahead, which has over 112,000 members. He also asks attendees about their local markets and notes that while inventory is increasing and units are slowing down, prices are not drastically falling like they typically would during a shift. he breaks down the signals of a market shift, including interest rates returning to normal levels, but acknowledges that he cannot predict future rate increases. He discusses various factors that may indicate a shift in the real estate market, including interest rates, home prices, inflation, and unemployment. He also provides historical context to show that current projections for home sales are not necessarily cause for alarm, and emphasizes the importance of perspective when considering these factors.
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