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What Are Market Trends in Real Estate? -

Brian Lee BurkeBrian Lee Burke
Nov 28, 2022 3 min read
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What Are Market Trends in Real Estate? -

Are you interested in either buying or selling a home in Ventura? It may be your first time doing something like this, so you will likely want to hire a professional to help you. Let’s not move so fast, though. 

Before you input “real estate agent Ventura” to find one for yourself, you should learn the market trends in the field. That can wind up saving you a lot of money and time. Then, you can discuss those with the real estate agent. 

The Time Of Year Can Make a Big Difference

Typically, the real estate market is broken up into four quarters. January to March is Quarter 1, April to June is Quarter 2, and so on. There are times of the year when the market can be scorching. Then, there are times when it can be colder than a freezer on its highest setting.

You want to try to time the market to get the best price. If you are selling, you can do it in the second rather than the fourth quarter. On the other hand, if you are buying, you should see if you have low competition in a colder month since the seller might be anxious to get rid of the place.

Ready to find your dream home in Colorado?
Let us help you. Call or Text Kenna Real Estate Group at 303-955-4220 to get personalized assistance from our expert real estate agents. Find out what your home is worth in today's market.

You Need To Check The Mortgage Rates, Too

Sometimes, you can get a mortgage for an excellent interest rate, while other times, you will find it hard to get anything. This can dictate whether or not you buy or sell the place. Talk with your real estate agent about this since they will want to steer you in the right direction - it’s their job, after all. 

Be Open to The Reality of the Situation

When it comes to the real estate market, you are primarily at the mercy of forces that are beyond your control. There are things you can do, like making sure to do an excellent job of setting up your place for showings, doing video tours if you are selling, and doing detailed research and finding places that are in your price point. If you control what you can, the odds will tilt in your favor. 

Ready to find your dream home in Colorado?
Let us help you. Call or Text Kenna Real Estate Group at 303-955-4220 to get personalized assistance from our expert real estate agents. Find out what your home is worth in today's market.

There are market trends that your real estate agent will be tracking. Find a good one that will put you on the right path. 

Author Bio-

author

Meryll Russell from Search 805 Homes has been a realtor since 2004 and got her Broker’s license in 2019. She has sold homes all over Southern California. Meryll received her Bachelor of Science in Business Administration with an emphasis in Marketing from USC. She has over 20 years of sales and negotiation experience.

Contact Kenna Real Estate Group

WRITTEN BY
Brian Lee Burke
Brian Lee Burke
AUTHOR, E-PRO®, REALTOR® BROKER

Brian Lee Burke is the founder and team leader of Kenna Real Estate Group, a real estate team at Keller Williams DTC. A licensed REALTOR® since 2002, Brian helps Colorado buyers and sellers navigate residential real estate, new construction, pricing, and negotiation. He is also the author of The Real Estate Playbook and Mastering Real Estate: Your Guide to Becoming a Top Agent.

View Brian Lee Burke’s full profile.