We recently held our annual Residential Market Update and it went really well.
Here are some nuggets:
Inflation is going down, the economy is probably going to be stable (except the CA budget deficit wild card – we are a govt. town), folks are still coming out of the Bay Area, sold prices have dropped, inventory is down and so are pending sales.
Presenters covered the current residential real estate market, including projections for 2023.
Watch the Video Presentations Here:
Ryan Lundquist, Appraiser
-Affordability
-Home Prices
-Distressed Sellers
-What to expect this Spring
Watch the video here
Chris Airola, Property Management
-Pandemic Effect on Owners
-Recent Regulations
-Tenants don’t pay
-Glen’s Story
Watch the video here
Dean Wehrli, Ph.D., John Burns Consulting
-Value and Price Projections
-New Home Numbers
-Employment and Jobs
-Regional Trends
Watch the video here
Sanjay Varshney, Ph.D., CFA, Economist
-Benefits of Being SAC
-Supply and Demand Trends
-Consumer Survey Results
-Inflation Expectations
Watch the video here
