Our Marketing Brief...

July 2011

Vacations have played a role in the drop off of sales for July as it has in some past years. The fight over the ational debt ceiling between the two political parties also has had some effect with less buyers out there looking. I have noticed it with the four open houses I do each week.

But I also noticed that my interest rate on my own home is now 3%. The medium price jumped a few dollars to $166,000. If you look on the graph on the reverse side, the medium price has been flat. Inventory is down some.

Low interest rates and low home prices mean owning a home will continue to be less expensive than renting. I can’t remember any time in the past when this phenomenon has occurred, at least, not in the Sacramento area. This is great for both the first time home buyer and the investor. Many regular people are becoming investors as they are getting killed in the securities markets and moving their money into real estate rentals where financial conditions are more predictable.

We are here to help you sell or buy under present market conditions. We are great trouble shooters in a tough economy. Don and Deborah

Let us help you correctly value your present home and find you the next ideal one. We have almost twenty years of experience in handling these kinds of transactions. Call or email us and we will be glad to help you with all your real estate needs!

Be sure to check back next month for more news from Ad Vantage Point Realty. In the meantime, make sure and grab the current issue of "News on the Homefront". It's available for download below.