California to See Declining Home Values Due to Tax ChangesThe Tax Cuts and Jobs Act passed in December 2017 made a number of changes to the tax code. How these changes are impacting the housing
The Housing Market Is Stabilizing
The Sacramento real estate market has officially softened. Buyers are choosy, seemingly picking well-kept and well-priced homes in desirable neighborhoods, and taking a pass on homes that come in over-priced or in need of fixing.
Home sales have dropped 18 percent in the Sacramento region in September compared to the same month the year before – making this the lowest September sales since 2011, according to new data from CoreLogic, a real estate data consultancy.
Homes are still selling, and sellers are often getting their asking prices, but it’s become a hit-or-miss moment for sellers.
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