Lions and tigers and failing banks; oh my!
In this State of the Real Estate Market Address for Madison, Alabama, co-host Beau Miles (the owner and broker of Essential Real Estate) shares a little background on the recent bank failures as well as how that will affect Madison’s market for buying and selling homes.
State of the Real Estate Market Address in Madison, Alabama in March 2023: Feat. Co-Host Beau Miles, owner and broker of Essential Real Estate
{Author note: From September 2020-July 2021, my family personally worked with Miles to assist us in the sale of our previous Madison home and the custom build of our current one. He walked with us through one of the most important seasons of our lives, and we’ll forever be grateful to have had his extreme expertise and skill on our side. Miles didn’t miss anything; He was on top of his game and helped make the process with both of our homes as smooth as could be.}
If you are considering buying or selling in Madison, Alabama, this is a monthly series not to be missed! Enjoy!
0:35 – Madison’s March Numbers
2:35 – How did Silicon Valley Bank fail if they have huge accounts?
3:16 – What’s happening with SVB now?
3:30 – Beau’s Home Alone face
3:33 – Erica’s Home Alone face
3:34 – What does all this mean?
3:45 – How has all this affected Real Estate in Madison?
3:58 – What are homes prices and inventory looking like right now?
4:24 – What does all this mean for Madison, Alabama?
5:02 – Should we expect higher interest rates?
6:57 – Beau’s advice for buyers
8:14 – Beau’s advice for sellers
10:47 – Closing remarks and Beau’s new slogan
“If you don’t know, call Beau!”
Beaumiles@gmail.com
(256) 653-9414
Sound Effects by Muzaproduction from Pixabay.com.
Want to watch the previous State of the Real Estate Market recaps for the city of Madison, Alabama? Check out these videos!
More from Essential Real Estate
Essential Real Estate in Madison, Alabama: Our Buying and Selling Experience
Essential Real Estate in Madison, Alabama: Where Agents Keep Their Commission
