Just wanted to give you a heads up about the latest news from the National Association of Realtors (NAR). They just released a new report called the Pending Homes Sales Report, and it's got some pretty interesting findings. According to the report, October had the lowest levels on record. Can you believe that? It's definitely something to keep in mind if you're looking to buy or sell a home in the near future.

Guess what? These guys have been on top of pending sales since way back in 2001! They've been tracking them for over 20 years!

This whole situation is even worse than what went down in 2008. And you know what that means, right? January is gonna be off the charts busy for us. I mean, it's gonna be one of the craziest January's we've seen in ages!

Alright, let me break it down for you...

You know, when a real estate market hits a rough patch, the longer and rougher it is, the more kickback it gives in the end. It's kind of like a pendulum, swinging really far one way, and then swinging back even farther in the opposite direction. So, if you see a market going downhill, just remember there's a good chance it's gonna bounce back with a vengeance!

Guess what? We witnessed this back in 2012, we saw it again in 2021, and you know what? We'll be seeing it once more in 2024. Can you believe it? It just keeps coming back!

I thought it would be interesting for us to dive into the market for the month of January over the last three years. We'll specifically be looking at the number of pending deals during that period. It's always good to keep an eye on these things, right?

You know what's interesting? When January hits, a whole bunch of people go online to search for homes. It's like they suddenly get the urge to find their dream home! And guess what happens next? They actually get in touch with a real estate agent to go see those homes in person. It's all about checking out the ones they really like. But here's the exciting part: within just two weeks into January, they're already making offers and getting into contracts! Can you believe how fast things can move in the real estate world? It's like a whirlwind!

Absolutely! Just a heads up, the info I'm sharing is based on data from across the nation. To get the most accurate details for your specific local market, I suggest doing a bit of digging on sites like Redfin or checking out your local MLS.

Point is everything is going under contract in January!

If you've got some properties to list, now is the time to get on it! Trust me, this January is going to be one for the books. Why, you ask? Well, there's this incredible pent-up demand that's been building up for a whole 18 months! So, don't waste any time and start listing your properties right away while you still have the chance. You definitely don't want to miss out on this amazing opportunity!

When is the best time to hop on board and take advantage of a market surge?

So, are you asking if something is happening right now or if it's going to happen in the future?

This is the perfect time to make your move and really get things rolling. Right now, things are slow which means you have a golden opportunity to seize and start making some serious progress. You've got all the time and space in the world to really focus on building and growing. So why wait? Let's jump on this chance and make it count!

There's this amazing opportunity right in front of you. The real question is, are you making the most of it?