Sellers, don't get depressed from the media's inaccurate presentation of the real estate market. The media thrives on hype so they over-dramatize reality.
Yes the market has changed from 1 year ago but that is because annual price increases of 25 - 40% are unsustainable over a long period. Prices have flattened but you must analyze the activity in your specific sub-market to determine the appropriate price for your home or land. Beware of general statements about real estate. Do your due diligence and hire a real estate professional that can advise you based on analysis and professional judgement.
Call us at the Crake Team. We would be happy to advise you how best to sell your home and/or buy another home. You can reach us at 760-510-1554 or check out our website - CrakeTeam.com.
Thank you.
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