Michael Gesner
1st Quarter 2023
The Sacramento Real Estate Market is in a state of tug-of-war between buyers and sellers. Buyers are expecting more price reductions; sellers are holding firm. Not too many homes are entering the market presently. But the ones that come on the market at "good" deal prices disappear quickly as there are lots of buyers on the fence ready to pounce.
Rental Rates are stable for now; however, demand is slowing. Massive layoffs in the Bay area (60,000 people in Silicon Valley) have not translated to increased rental demand in Sacramento. Yet.
Realty Plus is a full-service real estate company. It is a small company with two brokers Michael Gesner and Naeem Syed. We look forward to working with you!
