Doug Reynolds, a Sacramento Area Realtor, Discusses the latest statistics and also gives his own prediction of the market. The median price increased again in May 2013 to $240,000. That is 42.2% higher than one year ago! In his prediction, Doug is seeing subtle signs of shift starting to occur in the market. Slowly a little more inventory is starting to come on the market, slowly there are some price reductions here and there as well. Doug predicts that the market will continue to increase for a few more months but as the fall and winter months approach that market is going to be a bit more balanced and not favor sellers quite so much. Only time will tell. What is your prediction??
No comments:
Post a Comment