Market Opinion

Chase life—joy, health, success

The extraordinary influx of home buyers to our region gives us the opportunity to deepen our appreciation of where we live. The onset of COVID 19 changed the way people value their lives. Properties are flying off the shelf as buyers are excited to start a new way of living. The trails are welcoming hikers and bikers like never before. Exercise has taken off to new levels and the young and old are enjoying what we are all about. Creativity has hit new levels of joy with less distraction. The new trend of outdoor dining and take-out, along with social distancing and respect for our neighbors is a new way of living.

The year 2020 taught us that we can accomplish so much even if we can’t see or meet a client in person. Technology platforms have shown not only the agent, but the consumer that a lot can be done virtually even buying or selling a home. Our Sacramento region just like the nation has such low inventory that it’s really tough on the buyers, because the market becomes that much more competitive. The buyers really have to have their finances in order so they can write their most competitive offer and the sellers can really choose the buyer and offer that best fits their circumstances.

One of the many ways we help our clients is creating what we call, Chase Ready properties. With a Chase Ready listing the buyer knows up-front if the home’s condition matches their desire, because they have reports on the property available prior to writing the offer, rather than after they are under contract when surprises are found on inspection reports. This higher standard creates a better real estate experience for both the buyers and the sellers.

Our Sacramento region is likely to get even more competitive and home prices continue to rise. According to Realtor.com if COVID keeps people working from home in 2021 Sacramento will be one of the hottest markets in the nation. Additionally, with interest rates continuing to see record lows that will only help fuel the Greater Sacramento and Tri-County area in 2021.