Are We Overdue for a Market Peak?

Are we overdue for a market peak? No, and I have the numbers to prove why.

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Are we overdue for a market peak? This is the question I will answer in our latest market review.

Here are the timestamped sections of my analysis so you can skip ahead in the video above to the sections you feel are most relevant to your situation:

• (0:55) The timeline of real estate cycles and why history won’t repeat itself this time in our market.(2:00) Some concern among younger home buyers regarding the state of our market.
• (3:05) A snapshot of the Sacramento metro/four-county area median home prices from January 2005 to October 2017.
• (3:18) The issue of population growth versus the number of new homes being built and how this will influence our market in the coming years.
• (7:47) The growth of Sacramento’s civilian labor force from 2002 to 2018 and how it compares to our population growth.
• (8:17) The annual number of homes sold in our market from 2003 to 2018.
• (9:22) The year experts predict we actually will hit our market peak.
• (9:50) Wrapping things up.

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The numbers say we're not near a market peak.

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As always, if you have any questions about our market or you are thinking of buying or selling a home soon, please reach out to me. I look forward to speaking with you soon.