S2E51 Brian Buffini’s Bold Predictions: 2022 Mid-Year Update Part 1

In today’s challenging marketplace, real estate professionals need to know the facts if they want to succeed. In part one of this special two-part episode, Buffini & Company CEO Dermot Buffini interviews Dr. Lawrence Yun, Chief Economist at the National Association of REALTORS®, to separate the facts from the fiction and uncover what really lies ahead for real estate in the second half of this year.

YOU WILL LEARN:

• The current state of the real estate industry.
• Dr. Yun’s analysis of the market.
• Dr. Yun’s predictions for the rest of 2022.

MENTIONED IN THIS EPISODE:

The National Association of REALTORS®

Buffini & Company Real Estate Report

S2E44, How to Recession Proof Your Business

NOTEWORTHY QUOTES FROM THIS EPISODE:

“Even though sales are coming down because the buyer pool is shrinking, those who are still in the market are looking for that fresh inventory. And, when it shows up, they are ready to sign that contract immediately.” – Dr. Yun

“People should anticipate that the unit sales this year will be down about 13% from one year ago.” – Dr. Yun

“We don't have those risky mortgages which turned the market really bad back in 2008/09 period, so we can say it’s a soft landing.” – Dr. Yun

“There's still a pool of very strong, well-qualified people out there who need some help finding a great home.” – Dermot Buffini

“Successful REALTORS® really serve their clients’ best interests for the long haul.” – Dr. Yun

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