Remember When Normal Was Good?
How lucky we are to have normal now in the Roseville Real Estate Market! Most people want normal and balanced lives. Normal kids, normal weight, normal friends. Most people would love to have some normal in their lives. Who wants crazy and unpredictable in housing? The funny thing is that we went from a depressed real estate market (where you could barely give away homes), to a raging increased housing market with multiple offers on most deals. It went up so fast that now, people do not know what to do. They are just confused. This is what a balanced market looks like right now. Get used to it! I expect it to be here for at least 12-24 months. Let’s see what happens.
At least it is not continuing to go up in a crazy way the way it did for the last three years.
The Roseville Housing Market for for last three years on a graph…
New and Improved 2015 Predictions in the Roseville Real Estate Market:
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Roseville rents will outpace home values by the end of the year, but just barely, and that makes good sense to buy
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Interest rates should go up by end of 2015, per the Federal Reserve
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Builders will begin constructing more, less expensive and smaller homes. Not many McMansions with big utility bills
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Homebuyers will have more negotiating power in 2015 because in 2012-2014 buyers took a hit in seller closing costs
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Many potential buyers will not even learn they now qualify for purchasing a Roseville home because housing in the last two years went up so fast and believe it is still sky high
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Some Roseville real estate agents will begin to let first time home buyers know how to get into homes for a few thousand dollars because now first time home buyers need the extra help to buy homes and the programs are available
If you know anyone who would like to learn about first time buyer programs and how they can possibly get help with their first home have them give us a call at 916-284-3690.
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