Insight to Sacramento Real Estate August 2018

By
Real Estate Agent with Lyon Real Estate BRE #00697006

I am always a little bit surprised when the Sacramento housing market moves precisely as I expect because real estate is such a volatile thing, like a hurricane, you never really know for certain what will happen. You just get lucky at times, that's all. But I don't feel very lucky at the moment. Closed sales are down, buyers are canceling escrows without so much as a second glance, and our days on market growing.

The biggest issue is an equal and opposite reaction. You can read more in my personal blog today at this link: August 2018 Sacramento Housing Report.

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Certified HAFA Specialistelizabeth weintraub

 

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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It is a moving target. We are beginning to see a slowing of sale though we are stil in a sellers market.

Sep 11, 2018 08:46 PM #1
Rainmaker
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, the last couple of months here in Denver have been slower too.  It is usually slower, but feels like the market is shifting for sure.

Sep 12, 2018 05:53 AM #2
Rainmaker
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Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Debbie Reynolds 

I would say the signs of our seller's market slowing happened this spring.

Sep 12, 2018 08:46 AM #3
Rainmaker
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Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Joan Cox Well, we knew it was bound to happen sooner or later. Who knew it would last this long to start with?

Sep 12, 2018 08:47 AM #4
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