4th Quarter Market Update
- The Sold By An Angel Team
- Jan 17, 2024
- 1 min read
Hello,
I am including the 4th quarter market statistics for your review in the chart below.
Did you know that in 2023, there were fewer than 4 million real estate transactions?
That’s the lowest number of homes sold in the last thirty years!
In 1993, we had just 260 million people living in the United States. Now we have 340 million. So last year was a record low.
That’s why there is HUGE pent-up desire for people to move this year.
The number one age group that wants to make a move is millennials. There are 72 million of them; 45.5 million millennials are between the ages of 26 and 35.
The typical age when people move out of their parents' home is 26 and 35 is when they become first-time homebuyers.
This is the largest number of potential buyers in United States history.
If you’ve been thinking about making a move, now is the time to talk through the unique opportunities in this market.
I’m grateful to be your trusted advisor for all your real estate needs.
Thank you and Have a Heavenly Day!®
Angelina Feichko, Principal Broker
ABR®, ASP, CDPE, CHMS, CNE, CRS, DRS™, GRI, SRS
Bachelor's Degree, Business Administration/Marketing
Sold By An Angel Real Estate®
Mobile: 801-390-8015
Email: angel@soldbyanangel.com
Oh by the way…If you know of anyone who would appreciate the level of service we provide, please call me with their name and telephone number and we’ll be happy to follow up and take great care of them!
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