Yellow Pages |   News Updates |   Local Jobs |   Events Calendar |   Movie Times | Recycling
Rocklin and Roseville Today Local Events
contact add event advertise 

Real Estate Market Slowing Down



Our local real estate market is slowing down and doing so much earlier than expected. 

Normally sales remain high through July and into August and then slow as we get closer to school starting.  This year we have already seen a slowdown in buyer activity.   With plenty of listing to choose from buyers can afford to take their time and when they do find a house, can negotiate harder than they could just a few months ago.

It the past few weeks we have had several of our buyer's make offers significantly below the seller asking price.  This tactic would not have been successful last year or even a few months ago.  Today, listing agents should be advising their clients not to be upset with low offers and to use them as an opportunity to see if there is an acceptable deal to be worked out.  I would rather have a client negotiating than waiting for an offer. 

When a low offer is received it can upset a seller but, in my experience, a seller who does not overreact and is willing to demonstrate they are prepared to negotiate will do better in the long run than those who refuse to counter or counter with a very small drop in price.   Buyers who make low offers generally have a higher amount they are willing to pay.  Often when they get a counter back with no reduction or one which signals the seller is not serious about negotiating, the buyer's maximum price drops.  This is the emotional side of the home buying negotiation process.

We would expect the Sacramento housing market to remain on the slow side until after school starts and then pick-up until we get close to the holidays.

I would love to hear what you think about the market or if you are considering buying or selling and have questions, please let me know.  I can be reached at the MagnumOne Realty office in Roseville (916-899-6571) or by email to juliej@jalone.com.





Julie Jalone, wife and mother living in Rocklin, is an experienced professional Realtor ® serving
the Greater Sacramento area including Placer, El Dorado, Yolo and Yuba counties.

Julie may be reached online at www.jalone.com or by calling (916) 276-6883
Check out her daily web blog: Keep it Real in Sacramento

Placer County News Headlines

Roseville Hosting Chicks with Sticks Lacrosse TournamentSwashbuckler Lacrosse is breaking new ground with their upcoming Chicks with Sticks Lacrosse Tournament on July 11-12

John Adams Academy Finalizes Purchase of Campus in RosevilleRoseville, CA - Officials from John Adams Academy (JAA) charter school in Roseville announced today they have finalized the purchase of the former Heald College building

Placer County Foster Children in Need of Mentor VolunteersChild Advocates of Placer County is currently in need of 30 new volunteers to become Court Appointed Special Advocates (CASA) or Mentors

50 Days of the Grateful Dead: Lady with a FanWe're like licorice. Not everybody likes licorice, but the people who like licorice really like licorice." ~ Jerry Garcia

Dots and dashes changed Zachary Barnum's lifeThis 17-year-old resident of Fredericksburg, Virginia, who is legally blind in one eye due to optic nerve hypoplasia and has a form of bipolar disorder (ATOU Cares.org)

Dry Lightning Boosts Northern California Fire RiskDrought Watch: CAL FIRE has increased staffing due to forecasted dry lightning and strong winds throughout much of northern California

California Senate Committee Kills Sex Offender Bill SB54Senator Sharon Runner (R-Antelope Valley) announced her legislation to make sex-offender residency restrictions more workable

Fireworks Safety Tips this Fourth of JulyWith the Independence Day holiday rapidly approaching, CAL FIRE is reminding all Californians and visitors to do their part to prevent fires caused by illegal fireworks

California Lowers Excise Tax Rate on GasState Board of Equalization Vice Chair George Runner announced that California's excise tax on gasoline will decrease by six cents per gallon

Placer County Water Agency UpdatesAUBURN, Calif. - Recessing from their June 25, 2015 Board meeting, the Placer County Water Agency (PCWA) Board of Directors

Attempts to change Proposition 13 are misguidedThere's been no shortage of attempts in recent years in the State Legislature to overhaul Proposition 13-California's landmark initiative protecting homeowners and small business owners

50 Days of the Grateful Dead: Truckin' at Levi's StadiumTruckin' opens the Fare Thee Well Run in Santa Clara, CA at Levi's Stadium on June 27, 2015. Full setlist.


NEWS: In Case You Missed It