Prices are still rising making affordability more difficult for many Californians. Interest rates are still at historic lows. Check out some very good info regarding the housing market this year.
As of June 2018 the market could still be described as a Seller’s market. But rising inventory may lead to prices slowing as well as increasing days on market, trending towards a Buyer’s market. My sources tell me that markets nearby–the Bay Area, Sacramento, and Lake Tahoe all show signs of a slow down. It…
With weakening housing affordability, home prices will begin to ease bringing buyer relief. Rising home prices, rising mortgage rates and rising demand are colliding with a critical shortage of homes for sale. And all of that is slamming housing affordability. Source: Housing affordability weakening at fastest pace in quarter century
The housing market in Placer County, CA: 3,183 homes for sale, median sales price of $519,000, find the top cities in Placer County at realtor.com®. Source: Placer County, CA Housing Market and Top Cities – realtor.com®
It’s a seller’s market in Placer County. If you are a buyer, you need to be prepared. You will still have the advantage of comparably low interest rates, but they are on the rise. If you are a seller, it may be the best time to sell. It’s also a good time to “move up”…
Fluctuating Stock Market and Seasonal Shifts Offer Hope for Buyers Source: Fluctuating Stock Market and Seasonal Shifts Offer Hope for Buyers | RISMedia
The Bay Area’s housing market has been extremely hot for some time now, but it has taken other parts of the country a while longer to get back on track from the recession. Now it seems that the rest of the nation has finally joined in the “house party.” The National Association of Realtors® reported…
Mortgage Rates Dip Back Below 4% | Realtor Magazine.
Real Estate Ranks Tops Among Investments | Realtor Magazine.
Consumer Housing Attitudes Signal Healthier Purchase Market Ahead | RISMedia.