Fair Oaks Market Update
January 2023 results for Fair Oaks residential real estate market.
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Momentum
9 Facts About The Market
9 Facts About the Sacramento Metro Real Estate Market given data through January 2023. The Vacuum may be subsiding, but it’s not evident in the data.
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6 Rules a Buyer Should Follow
Home Sellers and Buyers want opposite things. These are 6 rules that Buyers should follow to maximize their chance of success.
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7 Things a Seller Cannot Know
In any market, there are unknowns for Sellers and Buyers. These are 7 specific items that a Seller cannot know before learning them.
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10 Facts About The Market
10 Facts About Our Real Estate Market given data through December 2022 and comparing to 2006 and showing interruptions in pattern and psychology in 2020.
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Bubbles Fizzle
It’s a physical certainty that when hyper-appreciation occurs to any asset or commodity, what follows MUST be hyper-depreciation.
External Forces Ensure Price Drops
The reasons for our unnatural growth were fear, abundance of money, and lack of houses for sale. These forces rushed the appreciation which we knew was bonkers as it was happening.
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No Secrets
It’s no secret that buyers now wonder how long they should wait for “the bottom”. It’s no secret that sellers want to sell before “the bottom”. It’s no secret that “the bottom” will only be evident after it happens.
Demand Disappearing
Preliminary data points to a drastic increase in Supply and a drastic decrease in Demand. Buyers have stopped looking.
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