As you have been hearing, Sacramento’s inventory of Homes for Sale is very low.
But don’t take it from me…it’s right on the front page of Homes & Jobs | The Sacramento Bee. The report leaves Sacramento’s homes for sale at only one month of inventory at this current rate of sales!
“Practically every home under $750,000 that gets listed in the Greater Sacramento area sells immediately.” Pat Shea says, “We are officially in a Real Estate Boom.” But not to worry about another “bubble”, low-interest rates and monthly payments will keep current buyers, investors, and refinancers in the homes they have purchased for a long time.
2012 was the best year for home sales since 2007. The inventory dropped so low, it helped stabilize the market. The inventory of homes for sale was so low, it turned the market from a Buyer’s market, to a Seller’s market. Seller’s who are sitting tight, waiting to see if home prices will be worth more in a year or so, might reconsider. The demand for housing is strong NOW, and financing is cheap!
Lori Mode & Bruce Durham | Keller Williams Realty in Elk Grove
916-405-5765, or email at info@ModeandDurhaM.com
DRE#00935148 | DRE#00875356
Use our quick and easy site to get an instant value for your home! For a more accurate value, or to talk about getting your home on the market, give us a call at 916-405-5737 today!