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State of the Housing Market

Study of House: Insight, Forecast and Trends - Information provided by California Association of Realtors

Happy New Year To All,

We hope you all had an amazing 2018. Real estate was strong for seller's up until the first half of 2018 with multiple offers and peak pricing. Going into the 2nd half of 2018 we saw less traffic at open houses, less offers on listings for sale, price reductions, and 1-3% off peak summer pricing. As we go into 2019 economist believe prices will stay between 1-3% above 2018's prices. However, there will be less buyer's in the market as affordability gets tougher and tougher.Please follow the link below that is written from the California Association of Realtor's. I have read the article and I feel it fairly represents the coming year. Enjoy and let us know if you have any questions, comments or feedback.

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