Shasta County Market Update January 2017
Your 2017 Shasta County Home Price Update Report
Click Here to watch Josh's video blog for the month of January
As many of you already know, a lot is happening with our economy. The election is over and both businesses and the stock market have a better understanding on what to expect. I predict our local real estate market will hit a pivotal point in 2017 since, in many areas across the state, home prices are at or above "pre-bubble" levels. Our federal reserve is confident on growth, who recently – in vague language of course – sent strong signals they will raise interest rates in 2017 even higher.
Higher interest rates make it more expensive to buy your home, especially for millennials; a BIG market this year. As your Realtor, based on what I’m seeing in Shasta County, 2017 may be the ideal year in the short term to sell your home for a great price. I feel the pent up demand of homeowners itching to sell after getting back to even. I see more people getting mortgages now that Fannie and Freddie back 3% down payment loans. I talk to people every day who are better employed and making more money; job growth is up. All these forces will come together in 2017 and I see a lot of homeowners selling their homes this spring. Which of course, if you’re thinking about selling your home in 2017, means there will be a lot of competition.
So if you’d like to know what your home could sell for, I purchased access to local public home sale information for you – 100% complimentary – so you can find out what your home is worth online.
Click here to find out what your Redding Area home is worth now
(It’s completely free. Simply enter your home address and you’ll get the value range.)
Now, there’s more of course to pricing your home than mirroring your neighbor's final sales price. That’s where my expertise comes in – we track EXACTLY what home buyers are looking for. If you are, in fact, thinking about selling your home and want to know how it works, how long it takes, and the price you can expect to get, call me at 530-222-3800 or reply to this email – it goes right to me.
No pressure or obligation to sell, of course. It’s only a discovery phone call. But we want to take “preemptive” action now before everyone lists their homes this spring. This way you get ahead of the market and make more money.
In the meantime, if we haven’t spoken recently, consider 2017 my promise to keep you better informed on what’s happening in our local market. Call or email me anytime with your real estate questions.
Thank you, and make it a great 2017!