Buyers gaining power & farewell real estate honeymoon
Buyers gaining power & farewell real estate honeymoon
Abstract
A whopping 35% of active listings in the Sacramento region have had a price reduction. The average concession amount in Sacramento County this year has been $4,987 in 2022. The most common concession amount has been £.5,000. The number one word was ‘closing’ due to “closing costs” being a massive reason for concessions. It would be wise to recognize this and negotiate as needed. In short, I'm leaning toward liking these stats. However, I don’t be basing my entire perception of the market on concessions data, but I do think there is something else to be meaningful. I’m leaning toward liked these stats, but he’s also aware this isn”t perfect. It’Suffers, many buyers are going to want help with closing costs or repairs in coming time since affordability has taken such a hit lately. It will be smart to recognize that.