Stop here for this year’s housing trends in the Sacramento Area
LOCATION LOCATION LOCATION is still heavily relevant in the Sacramento area real estate market today, it just looks a little bit different.
Since 2020, there has been a bit of a shift in what people want in a home.
*Cue some Spice Girls 🎶 “So tell me what you want what you really really want”🎶
Buyers now have more flexibility in the location they choose to call home (aka now they can choose a home because it’s closer to Target vs closer to the office)! After all, they need to go to Target for all the work-from-home essentials required for their new home office space (we’ve recently seen home office space shift from a WANT to a NEED).
While more space is also what people WANT, housing affordability might cross that off the wishlist (or at least knock off a couple of hundred square feet). But remember, bigger doesn’t always equal better! You can still find a perfect size home for your needs!
Lastly, the housing inventory might be improving, but it’s still projected to be limited – womp womp. Combining that with high and rising home prices means the home buying process could still be challenging for buyers this year (BUT 100% POSSIBLE! So don’t give up)!
Just get started sooner rather than later to set yourself up for success!
SOURCE: realtor.com