Real Estate Coaching Radio

6.   Monitor the New Construction starts in the areas you sell.  NewHomeSource.com can help you with this but you can simply Google 'New homes in __zipcode__ and change your zipcodes until you find what's going on. Who's building what and where? SOME MLS's list new construction, some don't and even if you have it in your MLS it won't have ALL the new construction so you still need to do your own homework.  According to a report out this week, new housing starts are up by 19.4% year over year, which is the highest level since 2006.  When you see more homes being built, your market may be adjusting because supply will start to meet demand.  Join Tim and Julie Harris on their 2021 US Real Estate Tour. Are they headed to your town? Click here for the interactive map: https://timandjulieharris.com/road-trip.html What is the definition of a BALANCED Market? We'll look at 7 indicators so you'll know it when you see it.  Warning: Point #2 is pretty analytical, so get your pencils sharpened. Currently we have a Sel