What’s Going on in Real Estate?

By
Real Estate Broker/Owner with Home Buyers Realty BRE 01247457

Here’s what you should know about the Tracy real estate market.


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As we head into the fourth quarter of 2020, we’re still in a seller’s market with very low inventory, low interest rates, and many buyers moving here from high-density areas of the state.

Multiple offers on properties are now the norm, and prices are being driven up as a result; there continues to be an incredible demand for homes.

 

"Home offices are in high demand."

 

A lot of people are coming here from the Bay Area for more land, more space, and more rooms. It seems like people are migrating outward, and that’s great for our market.

Space for home offices is very important to these buyers as the capacity to work and school from home is in high demand.

That’s a quick heads up on what’s going on right now. It’s not what we expected at the beginning of the year, but we’re pleasantly surprised with what we've been seeing.

If you have any questions for us, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.

Comments (1)

Realtyna Inc
Realtyna - Newark, DE
Realtyna- MLS RETS Integration software & services

Hi Ron, informative video. Great job!

Oct 16, 2020 02:52 AM