Here we are in August already. Wrapping up the nice summer we had, kids back in school already.
How is the real estate market and what can we expect?
In the past weeks, I've noticed a change in the market. Demand is down and inventory is gaining. I think we'll see 3-5% shift downward this winter. We're due for a market check. If you're a buyer right now and can wait until November, do it. I think you'll be happy you did. As for sellers, it's not so much a sellers market anymore. We're more balanced right now, not a buyers market, nor sellers.
I have some new houses coming on the market soon in Roseville, Rio Linda, Orangevale, and a condo in Sacramento.
If you're looking for a one, I just listed a 8200 sqft house in Auburn. 1 millon for the view and only 600k for the house. Great deal. (806 sunnyslope Way)
Another new one in Natomas, (5520 Lackland Rd) 2444 sqft 3/3 for 450K