It's that time of year

Each year as soon as we start thinking about turkey dinners, mistletoe and reindeers the thoughts of moving during the holidays drive sellers from the market and the number of homes available declines. With Christmas starting to show up in stores and commercials the number of homes coming on the market is declining.

According to HousingTracker.com the decline in homes for sale in our Sacramento area, has been 7 percent in the past month. As of November 6 they reported 15,799 homes on the market, down almost 600 homes in the past week or a one week decline of 3.6 percent.

Clearly the traditional end of the year decline in homes on the market has started and I believe is masking a more gradual decline from the rapid build up of inventory we experienced the past year. Come the end of January or even as we move into early spring in 2007 I do not believe we will see inventory grow to the level we have today.

If you have a few minutes check out my new listing in Folsom, it is in the Broadstone community and would be a perfect home for a young family.

Don’t forget to vote today!