Even though we have an increase of inventory in Sacramento, demand seems to match. However, some homes in our incredibly hot seller's market are not selling. Why is that, do you think? I know everybody likes to say price, but it is not always price. Part of it is the expectations Millennials have set for themselves. They tend to look at properties differently than, say, Baby Boomers.
And I blame the darn flippers for the Millennial attitudes. Because solid older homes without updates are not as desirable to buyers anymore. Ten years ago, those types of homes would be snapped up, but not today. There are other reasons, too. You can read more in my personal blog today at this link: Why You Cannot Sell Your House in This Hot Sacramento Market.