Another year passed, and it was a doozy in the real estate world. 2022 turned out to be quite the roller-coaster ride, with rising interest rates, cooling prices, and the shift away from being a seller’s market.
In this space over the past year, we discussed new problems and rehashed some classics. I have put together a few thoughts to help you navigate the ebbs and flows of the 2023 real estate market.
—Document everything. When something happens, take notes and photographs as soon as you can. If you communicate with someone on the phone, follow up with an email. It is easy for someone to deny what was said on a phone call, but a follow-up email or photo creates a permanent record. In my experience, photos, notes, and emails carry more weight with the court than recounting the memory of what was said a long time ago.
