Just released: On a national level the Unemployment Rate has dropped from 7.3% to 7.0%. This is the lowest rate since November of 2008. According to reports, this mirrors the overall economic health increase. How can this be bad news? … Continue reading
Michael McFarlane
We hope everyone had a great Thanksgiving! I know that the Yuba Sutter Home Team did, and we would like to thank all our friends, clients, and families for making that possible. Thank You! The real estate business slowed a … Continue reading
In the past October through March has been a time when sales and new listing have generally slowed down. Of course each year brings new challenges and opportunities. The average activity still operates within this cycle. Week ending Newly Listed … Continue reading
Once again the homes being listed for sale outnumber the homes sold. But not by many. We seem to have found an odd balance point. The “norm” is to have an inventory that is 26 times the weekly sales volume. … Continue reading
… New Listings! Yes, we sold 54; a good number. During this same period (last week) we also added 51 new listings and brought 20 back to the market, making a total of 71 more homes to choose from. To … Continue reading
Last week our lead question was “Is the Market slowing Down”. As it would appear from the numbers below it is not. This week we sold 58 homes while only adding 45 (34 new listings + the 11 that came back to … Continue reading
This week we listed more homes than we sold; by a significant margin. At a quick glace this appears to have a two-fold cause: we listed more than our recent average and we sold less. Click on any of the … Continue reading
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? Week ending Newly Listed Back on Market Price Increase Price Reduction Under Contract Closed 19-Oct 46 … Continue reading
Week ending Newly Listed Back on Market Price Increase Price Reduction Under Contract Closed 12-Oct 52 16 4 37 53 47 Are you a numbers person? If so, the chart above is speaking to you. If not, allow me to … Continue reading
Below are the sales reports for the last two weeks for Yuba & Sutter counties. Can you see where the numbers are starting to change? Do you think some of the information here might be important to you? 2 Weeks … Continue reading