Mike Schubert Realtor

08/07/2026

Some progress in the housing market is better than no progress. This chart doesn't address pricing etc but we are seeing some multiple offers again in select markets. My message is to take advantage of some slightly soft pricing and when/if rates do the refi and take the win!!

07/16/2026

07/11/2026

It's nice to see increasing volume again in our housing market. Sales have increased over 2025 and prices also are UP!! For those of you waiting for the crash you may have missed the bottom on pricing. The Greater Sacramento Area is now seeing multiple offers on 45% of the listings, but not runaway bidding.

06/10/2026

We had started to see multiple offers again in some desirable areas. The numbers are beginning to show a turn towards increasing prices. If you've been on the fence I would advise against waiting for rates to fall. The better strategy is to buy with softer pricing and then refi if/when rates drop.

06/09/2026

Congratulations to my first time buyers. We closed today on their new home in Rosemont!!🎊🎉👊

05/07/2026

There's been constant discussion about real estate crashes for years. It's mostly from those that missed the opportunity of a lifetime. The chart below shows a tiny uptick in distressed sales but don't be fooled by the chicken littles warning of impending doom. Remember the crash was driven by extremely high unemployment and liar loans that had interest rates adjusting payments through the roof. Those conditions don't exist as we basically are maintaining full employment and adjustable rate mortgages aren't prevalent like they were then.

04/28/2026

April continues to favor sellers. Even before receiving these stats I had seen multiple offers again in desirable areas such as Elk Grove for example.

The most up-to-date look at housing prices and market trends.

04/23/2026

There are people that are waiting for the crash of 2008 to happen again. Unfortunately for them there is little chance of anything approaching that. The real estate market since the crash has been dominated by hyper-qualified buyers, no liar loans etc. Consider also the dramatic rise in values that has created tons of equity for home owners. If an owner has a significant event that prevents them from making their house payment they will sell the home before losing all the equity that has accumulated. Here's a great comparison between 2008 and now, the only thing better in 2008 was sales volume:

04/10/2026

Here's a snap shot of year over year data. Slight softness in pricing but not dramatic. Volume picked up slightly. One data point to watch is the avg number of offers. It went up year over and I'm seeing multiple offers on almost every buyer offer in the last few weeks. Naturally there's some seasonality to it. It will be interesting to see where it goes.