Competition Heats Up With 5 Offers Per Home Sold
The housing market is heating up as buyer competition intensifies, with nearly five offers per home and many bids exceeding asking price. Homes are selling quickly, often within weeks, forcing buyers to compete aggressively and face multiple rejections. As demand continues to rise, understanding these trends is key to navigating today’s competitive real estate landscape.
Greater Sacramento Real Estate Market Update
Home prices have reached record highs while housing inventory has dropped to historic lows, creating one of the most competitive seller’s markets in recent years. With homes selling faster than ever and mortgage rates rising, buyer behavior is shifting—impacting affordability, demand, and who can enter the market.
Bill AB 2527 on Tenant Credit Reports Put on Hold
California’s AB 2527, a bill that sought to ban landlords from using credit reports in tenant screening, has been shelved following opposition from property owners. The debate highlights ongoing tensions between fair housing access and financial risk management for landlords.
March 2022 Q&A: Real Estate Trends and Market Updates
This landlord Q&A covers essential topics like rental assistance eligibility, eviction procedures, tenant bankruptcy, lease violations, and deposit rules—helping property owners navigate common legal and financial challenges.
Waiving Inspections for Real Estate Purchase
In a competitive real estate market, some buyers waive home inspections to secure a deal—but this can come with serious risks. Skipping an inspection may limit your ability to identify defects and even affect your legal rights if issues arise later. Before making that decision, it’s important to understand the potential consequences and why inspections are a critical step in protecting your investment.
Market Update: Mortgage Rate Hikes Now Definite
Rising mortgage rates in 2022 are expected to impact affordability and buyer demand, but low housing inventory continues to support home prices. While interest rate hikes may slow the market slightly, strong demand and limited supply mean home values are still likely to increase—just at a more moderate pace than previous years.
Professional Property Management: Money Well Spent
Managing a rental property can be stressful and time-consuming, especially when handling tenants, maintenance, and legal matters. Hiring a property manager helps streamline operations, improve tenant selection, ensure timely rent collection, and reduce overall workload—making it a smart investment for landlords.
Housing Demand Expected to Carry Into the New Year
Housing demand continues to surge as remote work trends, low interest rates, and limited inventory reshape the real estate market. Here’s what the latest data reveals.