Sacramento, CA September 2018 Market Update

Sacramento, CA September 2018 Market Update

Sacramento, CA September 2018 Market Update

Let's take a look at what's happening in the housing market across the nation. We are seeing that buyer demand is currently lower, and the supply of homes in the market is actually increasing. So you've got less buyers wanting to purchase a home right now and more homes available. I've noticed this also locally. It's happening right here in our current area. We're experiencing a slight shift in the number of days on market, and we're seeing more homes on the market. So this could be a sign that we're heading into a more normal market. Now remember, normal market does not mean housing crisis or recession. It just means normal. We've had a long stretch of lack of inventory for a very long time. And we've been seeing this lesson across the nation. 

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