(A response to an article posted by The Sacramento Bee)

2016 has shown a lot of strength in the housing market. There is a normal market which is defined by the economic controls of supply and demand.  The true reason for home prices climbing is due to lack of inventory and surplus of buyers.  Buyers that take the big leap and decide to buy, find quickly that they are among many.  A good property hits the market and every buyer in that criteria is on it within minutes, creating a bidding war to get their offer accepted.  This trend is the current reason for home inflation and I forecast that it will come into a normal "market" once the masses decide to list at the predicted "peak."  Once everyone lists, the demand will decrease and prices will follow.  These are the trends of normal supply and demand associated with a recovering market.  Pre-bubble would be implying there are other factors that will continue to drive prices.  There has been several measures taken in the last decade to prevent predatory lending, ARMs, NO DOC/STATED loans, etc.  This being said, for the first time in a very long time, the supply and demand model should be effective for 2016.  If this proves to be true, then now is the time to list.

Currently, there are amazing rates that are at home buyers' disposal when searching for homes.  I have a lender with whom you can be completely qualified with in as little as 24 hours.  Being prepared and knowing your financing options as soon as you even think about purchasing, will save you thousands even if you buy years later.  If now is the time to purchase, rates are ripe for you NOW.

If you are waiting for the perfect time to list your home, then please take a quick look, sign in, and get to know us.  Find out what your home is worth, here, instantly.

We are educated, experienced, passionate, and dedicated to being experts in our practice.  Our mission is to conduct business with our trusted clients in such a way, that we not only create raving fans, but friends and family for life.

(Sacramento Bee article on "Prices back at pre-bubble level.")