In this episode of Intelligent Equity, host Ryan Kiefer talks with Holly Maloney of eXp Realty about the local market outlook as back to school approaches. They discuss the boon of low-interest rates and that there’s no bad time of the year to list your house.
Episode Highlights:
- Holly Maloney has been licensed over 16 years. 95-99% of her business consists of repeat clients and referrals.
- Maloney’s team has an exclusive partnership with the renowned Cincinnati Zoo. Any time a client buys or sells a property with them, they donate to the Home to Roam campaign on behalf of that client.
- They discuss whether back-to-school changes the local real estate market.
- There’s no bad time of year to list your house.
- Inventory in Cincinnati is still low, but interest rates are also low.
- Buyers are still looking and buyers are still buying.
- When you’ve got someone walking through your home in December they are usually serious buyers.
- With interest rates back near historic lows, that frees up space for people who want to move up, creating an inventory for first-time buyers.
- Once you start talking price points, buyers are realizing what they can afford. Many are now choosing to get into homes they will be able to stay in longer.
- Higher-end homes are moving a bit slower.
3 Key Points:
- There’s never a bad time of year to list your home.
- Lower interest rates will hopefully free up inventory for first-time buyers.
- Some buyers are choosing to buy homes they can stay in longer due to lowered interest rates.
Resources Mentioned:
- Ryan Kiefer: LinkedIn, Facebook, Website
- Holly Maloney: Website, Facebook, Twitter, YouTube, LinkedIn
- American Dream (tv show)
- The Cincinnati Zoo