What is spooky in the real estate market this October? Higher mortgage rates and economic & financial pundits making predictions about the housing market slowing down might stress out some real estate agents and lenders, but not us! Why? Because our role as a fiduciary and advocate of our client spans across market conditions. Whether we are in a thriving or slowing economy, there are opportunities to help and guide our clients through the escrow process.
What are a few statistics from the recent September 2022 Sales and Price Report by California Association of Realtors?
– 22 days on the market is the median time for a home to sell
– California Median home price dipped to a 7 month low
– New listings dropped for the third straight month
– Time on market more than doubled from 2021
The shift in pace of the housing market means the Sellers can make contingent offers on their replacement properties and that first time home buyers will be up against less competition. If you can pass on our name and number to anyone considering buying or selling, we would greatly appreciate it!
Here is a list of Halloween events in Southern California:
https://abc7.com/halloween-celebrations-southern-california-socal/4441551/
Which event interests you the most?
Whether your style of Halloween decorations is scary monsters & spider webs or a cheery scarecrow and harvest theme, we work with all different types of clients all over Southern California.
Call our office at (626)609-2130 to find out how you can take advantage of these opportunities!
Source: https://www.car.org/aboutus/mediacenter/newsreleases/2022releases/sept2022sales
