Shawn Battle's video: Sales Down but Competition Up The Curse of the 3 Mortgage Beach House on Stilts

In this episode, Shawn and Matt talk sales down, but competition up, the curse of the 3% mortgage, and a FL beach house on stilts. Articles Home sales are cooling — but the competition is red hot. What gives? https://www.inman.com/2023/04/07/home-sales-are-cooling-but-the-competition-is-red-hot-what-gives/ ‘We’re prisoners’: 3% mortgage rates are a blessing—and a curse https://fortune.com/2023/04/05/housing-market-3-percent-mortgage-rates-blessing-and-curse-real-estate/ Vilano Beach Blue House 3560 Coastal Hwy, Saint Augustine, FL 32084 https://www.realtor.com/realestateandhomes-detail/3560-Coastal-Hwy_St-Augustine_FL_32084_M56048-51565 106 Ledgeway Ln, Lords Valley, PA 18428 https://www.realtor.com/realestateandhomes-detail/106-Ledge-Crst_Hawley_PA_18428_M43933-04963 Mountain Modern: Contemporary Glass and Copper Home Is a Rarity in West Virginia https://www.realtor.com/news/unique-homes/glass-and-copper-home-west-virginia/ 11 Edge of Woods Ln, Hedgesville, WV 25427 https://www.realtor.com/realestateandhomes-detail/11-Edge-of-the-Woods-Ln_Hedgesville_WV_25427_M48033-71261 Time Stamps 00:00 - Introduction 1:00 - Sales down, competition up 3:03 - Local listings down 40% 4:47 - How to convince people to buy 5:57 - Misleading real estate statistics 8:02 - The reality of the real estate market 9:39 - 3% mortgages: blessing and a curse 12:05 - Shawn's thoughts on 3% mortgages 14:15 - Making sacrifices to move 17:55 - "Just keep it as a rental" 20:20 - Buyer purchases in 2021, wants to move 23:10 - FL beach house on stilts 25:21 - PA tree house for sale 28:53 - WV contemporary copper house Connect with Shawn Battle http://www.thebattlegroup.com https://www.instagram.com/theshawnbattle Business inquiries: Shawn@TheBattleGroup.com Connect with Matt Leighton http://www.themattleighton.com https://www.youtube.com/themattleighton https://www.instagram.com/themattleighton Business inquiries: matt@TheBattleGroup.com Shawn Battle Licensed in VA and D.C. Real Broker LLC 1765 Greensboro Station Place Suite 900 McLean, VA 22102