Doug Reynolds, a Sacramento Area Realtor, provides a monthly update on the market statistics.
This Month i talk about the April 2016 stats and how it's more of the same for the statistics over the past few months. The median prices continues to bump up due to high buyer demand and low inventory to choose from. However, I give a little peak into the months ahead that the inventory might start to slightly trickle up a bit...
The market right now is summed up as:
Low Inventory + High Buyer Demand = Sellers Market.