Interesting Market...As of 5/24/2019, the Sacramento available inventory has increased since the beginning of the year; and the homes sold per month has also increased. The market is in a state of balance.
The economists prediction of a reduction in pricing has not occurred. On the contrary, the average regional price per square foot has gone from $226/sf in January 2019; it is now $236/sf.
Starving buyers, waiting on the fence for the right home, are starting to settle and take what's left of the dwindling, decent inventory. Tough time to be a buyer; good time to be a seller if you have desirable product at realistic pricing and you are not too greedy.
The only salve for buyers right now is that loan rates are still incredible.
Realty Plus is a full-service real estate company. It is a small company with two brokers (Michael Gesner and Naeem Syed), and just a few agents (Cora Allison, Minha Javed, esq., and Ras Siddiqui). We look forward to working with you.