In this podcast episode, real estate professionals Tamara and Shannon Stone discuss the current state of the real estate market. They note that while the market is still busy, it is not as frenzied as during the height of the pandemic. They compare current inventory levels to those of 2019 and discuss the significant increase in average prices. They also mention that interest rates have remained stable, making the cost of living more expensive. They conclude by highlighting the shortage of good properties and the return of a more balanced and negotiating market.

What we discuss:[00:00:38] Discussion on the current inventory levels in the real estate market, comparing it to previous years and the impact of COVID-19.

[00:02:02] Comparison of the number of homes sold in different years, highlighting the increase in sales in 2021 and 2022 compared to 2020 and 2019.

[00:03:16] Comparison of the average house prices in 2019 and the current year, emphasizing the significant increase in prices despite a slight decrease from last year.

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