As we are about to bring in the New Year, families across the country and here locally in Redding will be deciding if this is the year they will sell their current house and move into their dream home. Many will choose that it is smarter to wait until the spring “buyer’s market” to list their house for sale. In the past, that might have made sense. However, this winter is not like recent years.

The recent jump in mortgage rates has forced many Redding buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale in Shasta County has dropped dramatically as compared to this time last year.

Here is a chart showing the decrease in inventory levels by category:

Bottom Line
Demand for homes for sale in Redding and surrounding areas is very strong right now while competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2017, now may be the time. Feel free to contact me at 530-222-3800 or email josh@reddinghomes.com to discuss the options available when selling your home. Also check out www.reddinghomes.com/selling-your-home for a closer look at how we sell over 450 homes a year.