It's Still A Great Time To Sell Your House

The video discusses the current real estate market trends in Kingston, NY, highlighting a significant increase in home sale prices. It explores the impact of the pandemic on housing demand, with low interest rates and a large buyer pool intensifying competition. The video also examines the role of millennials entering the housing market and the potential future outlook for housing demand and prices.

What has been the trend in home sale prices in Kingston, New York?

• They have fluctuated unpredictably

• They have increased by more than 35%

• They have remained stable

• They have decreased by 35%

What has contributed to the intense competition in the housing market during the pandemic?

• Increased housing inventory

• High interest rates

• A large pool of buyers and low interest rates

• Decreased demand for homes

How long does a typical home spend on the market currently?

• 90 days

• 60 days

• 15 days

• 30 days

What demographic is significantly contributing to the current housing demand?

• Baby boomers

• Generation X

• Millennials

• Generation Z

What is the current national average home sale price?

• $600,000

• $500,000

• $377,000

• $250,000