What's Really Happening in Real Estate Today

Rob MacFarlane and Branden dig into the reality of today's housing market.

• National housing inventory is rising but still below historical averages at around 4 months (traditional balanced market is 6 months)
• The "lock-in effect" from low interest rates is gradually diminishing as life events force moves regardless of rates
• New home construction remains severely constrained at only 684,000 homes nationwide versus 1.2 million in 2005
• High-end homes, custom builds, and fixer-uppers in good neighborhoods offer today's best value opportunities
• Outskirts properties with future growth potential provide excellent bang-for-buck for longer-term homeowners
• Different price segments behave as distinct markets - in Washington County, homes over $700k are in a buyer's market
• When evaluating fixer-uppers, focus on neighborhoods first, structural fundamentals second, and cosmetic issues last
• Disconnect investment property decisions (purely financial) from personal residence decisions (lifestyle factors)

If you're considering a move in this market, reach out at: 
https://www.realestate435.com

Check out the 435 Podcast for more Southern Utah market insights:
https://www.youtube.com/@435podcast

Find Du Charme Wealth Management here:
https://ducharmewealth.com/contact-us/

DISCLAIMER:
Information presented on this program is believed to be factual and up-to-date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed. Discussions and answers to questions do not involve the rendering of personalized investment advice, but are limited to the dissemination of general information. A professional advisor should be consulted before implementing any of the options presented. Encompass More Asset Management LLC is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC) and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.