Realtor Lisa Webb Says Housing Market In Good Shape Overall [Video]

EDWARDSVILLE – Realtor Lisa Webb with Third Street Realty said the current real estate market is in good shape, even with looming headlines of higher interest rates and question marks around the market. Citing statistics from the latest National Association Of Realtors (NAR) report, she said numbers paint a more optimistic picture of the market.

“There’s so much going on right now in the news about the interest rates … is the market crashing? Is it a bad market? A lot of agents are leaving the industry because they feel like it’s a bad market,” Webb said. “I just want people to understand that it’s a good market.”

Webb cited the NAR’s 2023 Profile of Home Buyers and Sellers, which found the number of first-time home buyers is on the rise: 32% of homebuyers were first-timers this past year, up from last year’s 26%, but still below the 38% average seen since 1981.

She also noted that despite overwhelmingly negative news …