10/16/2022
Prices are dropping as interest rates are increasing. Yet people are still buying and selling at a fast pace. You ready? Give me a call.
PRO TIP: Don't price to your overpriced neighbor. 52.8% of listings in the Sacramento region have had a price drop. What is similar and getting into contract? That's a clue into the market right now. Don't be like Chucky next door who is stuck on hot headlines from the past. Remember, about half of recent pendings got into contract after having a price reduction, but the other half didn't need any price reduction at all...