Today we’ll be going over our market predictions for 2019 and why you should consider buying soon.
There’s been a lot of talk about an upcoming market shift, but you know what? We think the California market shift has already begun. We spoke in 2018 about how the Monterey Peninsula area was showing signs of shifting, and that looks to be the case now. Throughout 2019, we’ll see the market shift from a seller’s market to one that favors buyers.
We’re seeing signs of a balanced market in most California cities, and some have already shifted into a buyer’s market. However, some are still strong seller’s markets.
There are always people here looking to buy, but when there aren’t a lot of choices, sellers have the control. However, when there’s a lot of inventory, buyers gain the control. The days where sellers can price their homes for whatever they want are gone. You want to begin pricing your home more competitively.
If you’ve been waiting for the peak of our seller’s market before you list your home, you don’t need to wait any longer. We believe we’re in the peak now.
If you’re ready to sell your home, have any questions, or need more information, feel free to reach out to us. We look forward to hearing from you soon.