Market Update

Feb. 18, 2021

A February Market Update and Answers to Common Questions

Here’s a quick update on the Sacramento market in February 2021.

 

It’s no surprise to anybody that inventory is very tight in our real estate market. However, I thought it was really interesting to look at how fast homes are actually selling. 

 

In the past month, 84 ...

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Posted in Market Update
Feb. 8, 2021

How Our Buyers and Sellers Reacted to COVID-19

Here is what I learned from helping 48 clients buy and sell during the pandemic. 

 

We here at the Vierra Group are proud to have safely served 48 clients during the pandemic. COVID-19 has impacted so many aspects of daily life and our economy, and all sorts of ...

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Posted in Market Update
Jan. 20, 2021

4 Reasons to Buy a Home in 2021

 

 

Here are the top four reasons to buy a property this year.

 

As many of us are spending more time at home, we’re reevaluating what our space means to us. Here are the top four reasons people are buying homes in 2021:

 

1. Record-low interest rates ...

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Posted in Market Update
Dec. 28, 2020

Why Our Market Makes People Optimistic for 2021

 

 

We’re seeing low supply and high demand in our winter market.

 

What’s the latest news from our Sacramento winter real estate market as we close out 2020?

 

Before I answer that, I want to thank you for following our video blog this year. We’ve had a ...

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Posted in Market Update
Dec. 8, 2020

Q: What 3 Forces Could Disrupt Home Appreciation in 2021?

Here are a few market trends to watch closely in 2021.

 

Here are the three distinct forces that could end up disrupting home appreciation rates as we begin the new year:

 

1. Rising interest rates. According to the Mortgage Bankers Association, we should expect a slow and steady ...

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Posted in Market Update
Oct. 9, 2020

Q: What’s Going on in Our Fall 2020 Market?

 

 

Here is the latest news about our local market.

 

By now, you probably won’t be surprised to hear that our Sacramento real estate market is really hot; interest rates below 3% and a housing stock with less than a month’s worth of inventory have been powerful fuel ...

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Posted in Market Update
Sept. 3, 2020

Q: What 4 Myths About Our Market Still Persist?

Here are four beliefs that are no longer true in today’s market.

 

 

I’ve been speaking with many homeowners lately who seem to all believe certain things about the market that aren’t true. Today I’ll outline four such outdated beliefs and share what the truth behind them really is ...

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Posted in Market Update
Aug. 24, 2020

Q: Is a Foreclosure Crisis Imminent?

Here’s why we aren’t headed toward a foreclosure crisis like some think.

 

Many of us are asking ourselves, “Will we see a foreclosure crisis in the next year or two?” Today I want to share three reasons why foreclosures are not going to crush the market in the ...

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Posted in Market Update
Aug. 4, 2020

Q: What Are the Most Desirable Home Features in 2020?

Buyer demand is high, but how has that demand shifted in light of COVID?

COVID-19 has changed nearly every facet of our lives, including the way we live and what we want out of our homes. Today’s buyers are looking for additional bedrooms, as opposed to the open loft space ...

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Posted in Market Update
June 24, 2020

3 Reasons Why Bidding Wars Are Back This Year

There are three reasons that bidding wars are back for good this year.

 

Bidding wars are not only back in the real estate market, they’re here to stay for the remainder of 2020. There are three reasons why this is:

 

1. Mortgage applications are up by 21% year ...

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Posted in Market Update