Is It Possible to Predict the Future of the Real Estate Market?




Want to see which St. George area homes are currently for sale? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You can always call us at (435) 215-4533 for a FREE home buying or selling consultation to answer any of your real estate questions.​
  
Is It Possible to Predict the Future of the Real Estate Market? 

As always, we're here to give you some quick tips to help you make informed decisions in the St. George marketplace. Today, we share 3 tips to help you make accurate real estate predictions in our area.

1. You can't (technically) predict the market!! Wait...what? It's true, there is no crystal ball you can look into and get all the answers about a given market. Markets are inherently unpredictable, but there are certain things you can look at to get a general idea of how things will shape up.


2. Follow affordability trends. When the housing market gets really affordable, it's going to crank up. When it hits an affordability ceiling, you'll see market activity crank down. If this happens, you'll either see prices fall off or sales slow. TIP: Affordability is suffering again in Washington County, so watch that closely.

3. Follow people who study real estate FOR A LIVING! Follow the Warren Buffets and Donald Trumps of the world, and read about entities like Fannie Mae and Freddie Mac. And yes, you should follow us and our blog, radio shows, etc! After helping families buy and sell over 600 homes, (nearly 100x what the average homeowner will do on their own), it’s quite possible that we have some pretty darn solid perspective on where the St. George Real Estate market is going! 

Specifically, If you want to hear our take on where the St. George market is heading, check us out on KDXU 890 AM radio Thursdays at 8:30 AM. You can hear myself and Mike McGary talk about what's happening in our market, trends we're seeing, and other data to help you make informed buying and selling decisions!

If you have any questions, or would like real estate assistance of any kind, we're always available via phone or email, and we would love to hear from you! Thanks, and remember: We know this town!

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