Market is slow but you are not

The housing market has been on everyone's minds since the beginning of 2023. The first few months have seen a surge in demand for homes, catching many off-guard after a sluggish fourth quarter in 2022. However, despite the increased demand, the real challenge of the year remains the limited supply of homes available to meet that demand. According to a recent report from Altos Research, the housing inventory is at an all-time low, far lower than even the 80s and 90s, and this is becoming a problem that will exist for a long time to come.

Homeowners are holding on to their homes, which means that the inventory is scarce, and the demand is high. This situation is creating a challenging and competitive market, making it harder for buyers to find their dream home. So, where will the inventory come from, and what can we do to make the market more accessible?

The answer lies in the vacant houses that are sitting out there, just waiting to be sold. As real estate agents, it's your job to find these houses, reach out to their owners, and convince them to sell. This requires a proactive approach, making calls before lunchtime, networking with other agents, and putting in the time and effort to create a pipeline of potential sellers.

The market will always belong to those who market. In the current climate, the key to success is a willingness to hustle, to put in the work and to treat real estate like a job. Success doesn't come easy, but with hard work and dedication, youcan make a real difference.

There has never been a better time to be in real estate, but it requires a particular kind of mindset. It's not a job for the faint of heart, but for those who are willing to put in the effort, it can be the best job they've ever had. The key is to show up every day, execute the plan, and go to bed a winner.

In conclusion, the housing market is facing a significant challenge in 2023, with limited inventory and high demand. However, by adopting a proactive approach, you can find the vacant houses that are out there and convince their owners to sell. It requires hard work, dedication, and a willingness to hustle, but the rewards are significant. With a little effort and a lot of determination, you can make a real difference in the housing market and create opportunities for everyone involved.

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