I was absolutely stunned when I looked at sales trends this morning. I was thinking that inventory (available homes for sale) was lower than usual but the numbers really confirmed it!
The bottom line is that in Sacramento County listings are down by 34% and in the City of Elk Grove listings are down 39.9% from last October. But interest rates are lower than ever and buyers are looking to buy. My advice if you are considering selling? Do it now – don’t wait – this is a phenomenal climate for selling. I predict a strong real estate market in 2020 – but I don’t have a crystal ball. If I was thinking of selling I would do it now in order to maximize price.
Buyers: Don’t fret! We can find you a property – but you need to be armed and dangerous. That means you need to have a strong team behind you which includes an experienced and pro-active real estate agent and a lender who can get you approved and close quickly.