Sacramento Market Update September 2013



Hey, guys! Thanks for visiting my video real estate blog!

I get asked questions all the time about the real estate market. Through this blog I’ll send you updates on relevant information about our Sacramento market, from home prices to interest rates to listing your home.

A lot of people have asked me how our market is doing compared to last year. This year has been crazy. We experienced a heated bubble of activity. In fact, some neighborhoods experienced price increases of 40 percent. We also saw increases in price of eight percent in one month.

When interest rates increased, though, we saw a slow in activity and inventory doubled in some neighborhoods. We have also seen institutional investors and hedge funds back off the market since prices have increased. Now, there is less competition for first time home-buyers.

Our market is still in favor of sellers. So, if you are thinking about putting your home on the market, give me a call. I’d love to help you!

Thanks for watching!