Prices have dropped steadily from a peak last spring (today closer to 2021 levels), but appear to be leveling as we move into spring 2023. If you've been on the fence, waiting for prices to reach rock bottom, you may not need to balance there much longer. I'm aware of more multiple-offers and an increase in buyer activity recently. But will this be enough to re-start the market? Who knows. The higher interest rates are hitting many in the pocketbooks and they may be reevaluating home ownership overall.
It's never too early to discuss options and future plans. Reach out and let's talk it through.
The above was in my own words, in my own 'voice', no AI involved (well, unless we let AI stand for 'Andrew Intelligence'). Now let's see what an AI chatbot (ChatGPT) does with it. I asked it to re-write the above and it immediately produced the following...
It's been an interesting year for the real estate market. Prices have been steadily dropping from the peak we saw last spring, and are now closer to 2021 levels. But the good news is, they appear to be leveling off as we head into spring 2023. If you've been on the fence about buying or selling, waiting for prices to hit rock bottom, you might not need to balance there for much longer.
I've been keeping an eye on the market and have noticed an increase in buyer activity and multiple offers on properties. It's definitely an exciting time, but it remains to be seen if this is enough to fully re-start the market. One factor that could be affecting buyers is the higher interest rates, which are hitting many in the pocketbooks and causing them to re-evaluate home ownership overall.
That said, it's never too early to start discussing your options and future plans. If you're considering buying or selling, let's talk it through and figure out the best course of action for you. As always, I'm here to provide personalized guidance and support throughout the real estate process.
Interesting. Now let's just ask it to write something short and sweet based on the above...
Real estate prices have been dropping but appear to be leveling off as we move into spring 2023. Buyer activity has increased, but higher interest rates may be causing some to re-evaluate home ownership. Let's talk through your options and future plans. I'm here to provide personalized guidance and support.
What do you think of AI? After spending time playing with it, I've found it to be quick and helpful in researching information, reformatting content, and even writing content from scratch. I don't ever want to lose my own writing style or 'voice' but the digital assist does come in handy.