Short Inventory Remains the Story for Yuba Sutter Real Estate

Once again we listed slightly more homes than we sold, but the margin is low.  Median price remains about the same.  Although these numbers are slightly lower than we might like, the fact that they are consistent is encouraging.  A gradual, consistent growth is more likely to sustain itself.

Back on
Price Reduction Under
17-Aug 65 13 2 24 65 43

There may be some more good news coming also.  The fed and FHA are talking of easing time restraints for people who have suffered catastrophic loss but otherwise have maintained good credit profiles.  I will do more research on this and report my findings here.

Prices seem to be stabilizing, and interest rates have not changed significantly in recent weeks.  That means this is an excellent time to buy.  And since more buyers are available, it is also a very good time to sell!

Click for your home’s value.                       Search the MLS

Click here for your FREE home warranty   

Call with questions:  530 315-2808

Leave a Reply