Market Update: The Times, They Are A-Changin’

Homeowners/Sellers: we had an amazing run. REALLY amazing. Most property owners will never see the type of appreciation that CA has experienced in the past few years. If you’re thinking of selling in 2022, you are still pretty darn close to the top of the market cycle. Buyers: 5% only seems high. No need to take my word for it – check out the historical charts. Boomers took out mortgages at 10% or more for YEARS. So don’t feel like you missed the boat. Rising rates plus a stock market wallop isn’t a day at the beach. But it means you won’t have to battle 20 other buyers just to get your offer accepted.