I'm hearing rumors about the overall economy just inching along. And with this, more questions
about how it impacts the housing market.
Questions I'm hearing include...
Is affordability a major concern in today's real estate market?
Are we approaching a new housing bubble?
Are mortgage standards too tight? Or have they loosened too much?
Freddie Mac, in their April Economic Outlook, says has an optimistic about housing...
"We maintain our positive view on housing. In fact, the declines in long-term interest rates
that accompanied much of the recent news should increase mortgage market activity."
So, how does this impact you as a seller? This should give you some comfort that buyers will
still be able to afford to buy. As long as your home is priced competitively, it should sell, and
relatively quickly.
Want to know more about how YOUR home fairs in this market? Give us a call at
(209) 834-2682.
Now, let's look at what else has sold this week.
There were 20 homes sold, ranging in price from $290,000 - $810,000. They ranged in
size from 956 - 3516. The average days it took to sell these homes, was 22 days.
Click here for all the details of these listings.
I look forward to chatting with you soon.
Ron & Eva Cedillo
(209) 834-2680
Home Buyer's Realty
Cal BRE# 01247457
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