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The Sacramento Area Real Estate Market is Getting Hot Again!

  • Writer: REGINALD POWELL
    REGINALD POWELL
  • Mar 22, 2023
  • 2 min read

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For everyone that is expecting or waiting for a market crash, I have some bad news for you… it’s not going to happen. If you are currently trying to buy a home, you already know this firsthand. We are seeing homes going up on the market and receiving multiple offers within days of them even being listed for sale. The competition is fierce!


I am currently working with a few buyers looking to find a home. The last home we put an offer on was on the market for only 4 days. Within those 4 days of being on the market, the sellers received 12 offers. And this is happening with many homes all over the Sacramento area. If you are considering buying a home, my best advice is to not wait. We are in the very beginning of what is typically the busiest time of year. Spring is when the most people are out shopping for homes. The longer you wait, the more competition there will be. Inventory is not keeping up with demand. I expect demand to rise and inventory to have a hard time keeping up.


In order to make the deal happen, you need to work with an agent that can negotiate on your behalf and get you as much information as possible to make a strong, clean offer. It is not enough to submit an offer and pray. Your real estate agent needs to speak with the selling agent and find out where they are at on offers and price. Your agent and lender need to team up and contact the listing agent and build rapport. To be successful in real estate, you need a team working for you. It is the same in every industry and every aspect of life. Your team is what makes you successful.


I have been investing in real estate personally for over 10 years. I became a real estate agent to help everyone I can build wealth through real estate. Call or message me any time for a free consult. I'd love to help you any way that I can!

 
 
 

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Reginald Powell, DRE # 02143105 is a licensed real estate agent in the state of California and is a leading authority on Woodland, California real estate. Contact Reginald today to learn more about Woodland and Sacramento area real estate.

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