While many housing experts predicted a market rebound in April, the numbers tell a different story.
According to the latest data, home sales in California fell by 0.5% compared to March, and dropped 2% compared to April 2024. At the same time, the inventory of homes for sale increased by 9% month-over-month and a significant 21% from this time last year.
What does this mean for you as a homebuyer? Opportunity.
Fewer Buyers = More Leverage for You
Some people appear to be waiting on the sidelines, giving buyers a huge advantage of less competition, more negotiating power, and an even better chance of finding a home without overpaying.
If you’ve been waiting for the market to cool down, this could be your moment. Not only is inventory rising, but sellers are becoming more flexible—especially with longer days on market.
And while mortgage interest rates are still fluctuating, remember the golden rule:
“Date the rate, marry the house.”
You can refinance later when rates come down, because the right home at the right price is just right around the corner and waiting for you.
📞 Thinking about buying a home?
Let’s get started with a personalized pre-qualification and explore your options. I’ll help you navigate the current market and make a smart, confident move.
Call me today, and let’s take the first step toward your next home.
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Source: CNBC
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