925 Highland Pointe Drive, Suite 140 Roseville, CA 95678
WHITNEY OAKS
Each office Independently owned and operated.
CHERIE SCHALLER Luxury Specialist, REALTOR® DRE# 01379820
916-223-7365
Cherie@CherieSchaller.com www.CherieSchaller.com
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019
Visit www.CherieSchaller.com for community info and recent sales.
FEBRUARY 2019 | REAL ESTATE MARKET REPORT
CURIOUS ABOUT THE 2019 HOUSING MARKET?
Here are some forecast and highlights from the industry experts. “A lack of supply has been a persistent buyers’ challenge in the housing market since the financial crisis,” explained Lending Tree chief economist Tendayi Kapfidze in the report. “The inventory shortage is often attributed to a lack of sufficient new construction, as many home builders left the industry after the crisis, and increasingly expensive labor and materials have reduced the margins on lower-priced homes.” “There is also a decreased supply of existing homes available for sale, which accounts for a much larger share of the total housing market than new construction,” he added. 2019 Market Predictions. - Inman
FORECAST HIGHLIGHTS FROM REALTOR.COM • Home price growth will continue to slow, with a forecasted increase of 2.2 percent • Inventory increases will remain moderate with less than a 7 percent increase • New tax plan will be good for renters, mixed for homeowners
2019 M O RTGAG E
HO L D E RS
45% Millennials
• High-priced markets will buck the trend, with double-digit inventory gains • Millennials will account for 45 percent of mortgages in 2019 vs. 17 percent for Boomers
37% Gen Xers
17% Baby Boomers
PRESENTED BY CHERIE SCHALLER SOME TIPS FOR SELLING YOUR HOME TO MILLENNIALS • No Projects - Millennials don’t see themselves living there that long
• Millennials want a finished product to move into
• Kitchens are key - Create open space - even if you have less cabinet space
• Wi-Fi Access is key- make sure all areas of the house have
YOUR WHITNEY OAKS REAL ESTATE SPECIALIST
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams