Sacramento housing market bracing for the unknown as 2020 recession fears mount.

Sacramento housing market bracing for the unknown in 2020
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The Sacramento housing market is fairly calm, for now.
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There is data to suggest that many buyers and sellers are still unafraid to make deals but they’re cautious.
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Homes in the Sacramento County inched up in August to $377,000, up from $371,000 the month before.
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With inflation factored in, the highest ever valuation (2007) would equal $506,000 today according to the Federal Bureau of Labor statistics.
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The market is strong and there are buyers out there,” says Kim Macini-Hauch, who sells high-end homes.
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With the current climate of the housing market being fairly stable, however, some aren’t so comfortable.
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In an interview with the Sacbee, Brent Wilson, a mortgage strategist in Folsom with Finance of America Mortgage, said that “people should be willing.
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Kurtis Lane of Clarity Home Inspectors has watched the ups and downs of the housing market and says that “if you buy or sell, get full disclosure…”
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In some unfortunate cases, previous inspections may have misrepresented or understated work that needs to be done on a home before a salw.
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More from Clarity Home Inspectors: https://www.clarityinspectors.com/ While prices in Sacramento are nowhere near those of the Bay Area, which has a m
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