In this episode of the Real Estate Education and Investing Podcast, Erin Spradlin and James Carlson explore the latest developments in the real estate market, focusing on how new construction laws across various states are creating opportunities for real estate investors and homeowners alike. They dive deep into the growing popularity and legislative support for accessory dwelling units (ADUs), highlighting states like Colorado, Arizona, and California, which have implemented significant changes to zoning laws and building requirements. These changes aim to tackle challenges like affordable housing, urban density, and the demand for smaller, flexible living spaces. Erin and James explain how these laws simplify processes for homeowners by eliminating restrictive zoning, reducing impact fees, and lifting parking requirements, making it easier than ever to build ADUs on single-family lots.

Switching gears, Erin and James analyze the question: Is now a good time to sell your home? They break down current real estate market trends, including high interest rates, limited housing inventory, and the seasonal nature of buying and selling homes. While the median home price has reached a historic high, interest rates hovering around 6.9% create a challenging environment for sellers. This episode provides actionable advice on evaluating whether to sell now or wait, emphasizing that personal circumstances, local market conditions, and future market forecasts all play critical roles in making this decision. They also note how holidays and tax season can impact the market, offering tips for real estate investors and buyers looking to navigate the quieter winter months.

For more information visit:

https://www.erinandjamesrealestate.com/

Contact James:
james@jamescarlsonRE.com

Contact Erin:
Erin@erinspradlin.com