Real Estate Market Update!

Real Estate

It is time to check out the Real Estate Market update:  It looks like the number of units  in February for this year compared to last year are down in 13 of the 18 cities that I track. And up in 3 cities while remaining the same in Norco....The good news is that the prices are up when you compare this year to last year for February  in 11 Cities and Down only in 5 Cities  and 2 no change  (Riverside and Fontana)  but we are not seeing very many double digits of increases....We are still stabilized in the amount of homes for sale...2-3 Months’ worth of inventory, except in 2 cities where you find the them with 7 to 8 months of inventory, making Montclair and Diamond Bar in the Buyers’ Market.

Pricing, Staging and Internet Marketing  are  still the keys to get your home sold for top dollar.  Give me a call so we can work out a strategy for you.