Have you heard that homes are in short supply? Maybe even that this is a seller’s market? Are prices rising? What about interest rates?
All these are good questions! Let’s see what we’ve got for answers.
- Homes for sale are in short supply: While there is not an abundance of homes to choose from today, we seem to list about the same number we sell.
- This is a seller’s market: Yes and no; in the traditional seller’s market prices have a tendency to raise, often rather quickly. For the last couple months local prices seem to have stabilized.
- Answered in #2
- Interest rates are dropping by an insignificant amount and rate right now. We believe this is an attempt by lenders to keep their pipelines full during the government shutdown.
As I write this post, there are 297 active residential listings for sale right now in Yuba & Sutter Counties. Is your new home among them? Would you like to add your current home to the list?
For more information contact us today: Yuba Sutter Home Team
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