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.
External Forces Ensure Price Drops Read More »
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.
Preliminary data points to a drastic increase in Supply and a drastic decrease in Demand. Buyers have stopped looking.
Demand Disappearing Read More »
The temperature was high in the Sac Metro area during July. Supply suddenly got hot but demand almost disappeared and is still trending lower.
Recession or Relief? When a whipsaw happens, it is best to stop it if possible, and avoid it at all cost. It’s human nature to respond to sudden [inorganic] demand and create too much supply. When the sudden demand vanishes, a supply glut results. Prices and stress levels go up and down and back up.
Recession or Relief? Read More »
Charts are graphical depictions of data. Showing time-based data items together helps highlight correlations and patterns.
Pattern Interrupted Read More »
When buying or selling a home in California, there are 2 words that every agent needs to understand and manage for their clients in order to serve them properly: Risk and Leverage.
