Could it be that we are feeling the sandy floor of the Real Estate market drop in Chico? Some speculate that we are indeed.

 While house prices have dropped steadily, the interest rates on home loans have been moving up and down almost daily. Even with all of their fluidity they have stayed below the 7% mark.

With low interest rates and and home prices at record lows for the past 4 plus years, we seem to be seeing the light at the end of the tunnel.

Without a doubt this is the time to buy real estate. Investors are one major contributer to the market rolling again. Investors seem to make up about half of all real estate transactions right now with first time home buyers following close behind.

The Chico real estate market appears to be getting more and more active lately. Perhaps it's the low home prices, or perhaps the low interest rates, or maybe it's the beautiful sunshine and spring flowers blooming. Whatever the reason it's good to see the market moving along again.