Market Overview

As the market comes to a head with a slowly increasing amount of residential buildings, slowly rising interest rates, and the addition of ADUs on properties all over California, it is undoubtedly an exciting time to be in the real estate market. There are a few things to keep in mind when investing or cashing in on your property investment.

1) Just because it's a seller’s market, it doesn't mean it isn't a great time to buy. Buyers still have incredibly high purchasing power, so it may be a perfect time to sell, but also a great time to buy your dream home.

2) As interest rates increase, purchasing power goes down slightly, so it may be wise to keep an eye on and adjust your selling price accordingly.

3) If you are looking to invest in your current property, an ADU could dramatically increase the value of your home. If you keep these three things in mind and keep your ears open to a real estate expert, then you will be able to navigate this fascinating market.