Yes There Is More Inventory and Fewer Sales.
I’ve noticed this recently as I drive around the region. Below is the graph that shows the market in the last couple of months and I think you’ll agree the pendulum is moving back towards a Buyer’s market.
Don’t get me wrong. There are properties out there that get multiple offers if they are in great condition, have the rents at market and of course “priced right”.
Anyway… check out the graphs and data below
I hope you found the above useful and informative.
In the Mean Time…?
Make it a Great Day…!
Ed Favinger, Broker CRS, GRI, SFR, CDPE 916-203-1260 firstname.lastname@example.org