Seattle Living & Wealth Building Show

E9: How High Interest Rates Are Making the 2023 Housing Market Better & Our 2023 Forecast

November 08, 2022 Wagner Real Estate Group
Seattle Living & Wealth Building Show
E9: How High Interest Rates Are Making the 2023 Housing Market Better & Our 2023 Forecast
Show Notes

Has the real estate market gotten less competitive? What’s going on with interest rates right now? This may surprise some people but listen in to gain insight into the state of the 2022 housing market right now, along with our best advice for buyers and sellers in the Seattle area.

In this episode, we talk about how to take advantage of the expanding rental market, why the Seattle real estate market is perfect for investors, and the reasons behind the volatility of the market. We also highlight a few interesting living/lifestyle trends in Seattle this fall, our advice and strategies for sellers to increase the value of their home, and our housing market predictions for 2023.

If you want to know what the heck is going on and where you stand in the Seattle real estate market this fall, this episode is for you! Have a question about buying or selling a home? Let us know!

Seattle Fun Fact: Seattle gets LESS rain than Houston and New York City!

Key Topics/What You’ll Learn:

[02:28] What’s new in the Seattle real estate market?
[04:50] Is it a buyer’s or seller’s market right now?
[07:15] Who is the perfect person to buy a house in this market? + Recent buyer success stories you might relate to.
[16:45] Our predictions for home prices and interest rates in 2023.
[20:30] Is it the right time for me to buy a home? Here’s our framework for figuring it out…
[23:11] Why are there fluctuations in home prices and buyer competition?
[26:04] Why has location become more important in the Seattle real estate market?
[27:41] Large investment companies are making investments while the average consumer is fearful about the marketplace. What does this tell us about real estate as an investment?
[35:01] Are your property tax estimates rising? We have good news for you!
[36:32] Seattle living trends in Fall 2022.
[45:19] Things sellers are doing to increase the value of their home & The most Googled style of home.
[51:58] Closing thoughts and advice for buyers and sellers.

Check out the Hottest New Restaurants in the Seattle Area: https://bit.ly/3SyoDCc 


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Seattle Living & Wealth Building is produced by Wagner Real Estate Group which is based in the Seattle, Washington area. With over $225 million sold in the last 5 years, plus 17 years of total experience, we thrive to provide exceptional real estate services in an innovative, collaborative, and positive-minded team approach.