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In the Greater Sacramento California Area, the luxury housing market is performing well in comparison to other markets and interest rates have had little impact on sales of luxury homes. Sales are up over the past year and price increases are still trending upwards. Maybe not as fast upwards, but still upwards.
It's a good time to be a luxury home buyer in the Greater Sacramento area. With interest rates increasing, homebuyers who are purchasing with a loan's buying power has decreased. Therefore, the buyers with more cash, or all cash, are beginning to take back control. The market has seen an increase in inventory and sales, and prices are expected to continue rising this year.
As a luxury buyer, you have several options for finding your dream home. You can consult with an agent about your wants and needs, then browse listings online. Or you can work directly with a realtor who specializes in luxury homes and can help you find exactly what you're looking for from start to finish.
If you choose to work directly with a luxury realtor, make sure they've been working in the field, actually producing, and have experience handling high-end transactions. They should also be familiar with the different neighborhoods and price ranges available in the area, so they can match their expertise with yours to find a home that meets your needs perfectly.
For more information, please contact Haley Haws at haley@thriverealestate.com or 530-521-7179
Haley Haws is the exclusive agent representing the Greater Sacramento, CA real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.
