Join us at our Folsom office on September 20th
Our team has been making a ton of preparations to deliver loads of value in our upcoming seminar aimed at helping folks buy their first home.
As a REALTOR people always ask me, “Matt, when is the best time to buy a home?” The answer in real estate is always, “30 years ago!”
But a more helpful answer I can give is “right now!” Yes, as in Fall. Fall is for more than pumpkins, football and flannel. Statistically fall is also the best season for buyers to have the upper hand in the real estate market. Which is why we are hosting a FREE first-time home buying seminar at our Folsom office on Wednesday September 20th.
Below is a visual that shows how fall is the friendliest season for buyers. When comparing homes for sale (representing the number of sellers) to the homes that actually sold (representing the number of buyers), our industry calculates a metric known as “months of inventory.” In other words, how many sellers do we have compared to buyers. As a buyer, you want this number to be as high as possible, because it signifies more options for you and less competition against you. I plotted the last 10 years of Sacramento County home stats, and you can see how in every year (except 2020 when Covid turned everything on its head) the fall season (represented by the dark orange line) has been higher than all of the other seasons. Every. Single Year. And 2023 is shaping up to be the same; as of the time of this post the monthly of inventory stands at 1.7 months, higher than any other season so far this year.
Even if you’re not quite ready to buy right now but hope to buy a home in the future, you should still come and learn about down payment assistance programs, improving your credit score, and generally knowing what to expect when buying a home. You’ll also learn a bit about our firm and why we’re perfectly suited to help you both find and finance your first home.
There’s no cost or commitment to attend the seminar, but space is limited so register here before space fills up. Sign up, grab a pumpkin spice latte on the way and we’ll see you at our office on the eve of autumn & home buying season on Sept 20th!
This will be our final seminar in what has been a very successful Summer Seminar Series. We thank everyone for their attendance, enthusiasm and interest in these important topics we’ve brought to our clients and community this summer.
Matt Sundermier's Memos on Real Estate & on Life 