Some telltale signs and talk at this time may have us wondering about a national real estate market downturn. Also, local markets have seen some fluctuations. Although, we should put these signs and talking points into perspective. At the same time, we should do the same for local fluctuations. In fact, most markets experience various changes. For example, changes typically show up through the year in median price. They show up in how many homes are on the market in a given quarter, and so on. As a result, it only brings home the fact that real estate markets are naturally dynamic. And, these types of ups or downs make for a healthy dynamism. Although, what does the 4th quarter hold in store? In fact, 2018 real estate market 4th quarter trends look positive. Besides that, economic analysts are predicting a favorable national market for the remaining year.
San Mateo County 2018 Real Estate Market 4th Quarter Trends Look Positive
Factors that some pundits cite as a damper on the current market include rising interest rates. Also, rising home prices add to keeping first time home buyers at bay. Although, include the whole picture of steady job gains and better wage earnings. Then, we have a change in view. We see more Americans able to enter the market now. And, we see more potential for an increase in home inventory.
In San Mateo County, the market has had its fluctuations this year. Also, some of those ups and downs are generally unique to the County real estate dynamic. Although, good to know that amounts to a story in mostly ups. That said, San Mateo County 2018 real estate market 4th quarter trends look positive, as well.
Would you like a detailed break down of the current San Mateo County market? Have a look at September’s 2018 real estate market trends. Also, it serves well as a lead-in to 4th quarter. If you would like a break down in more direct terms, contact an expert. In fact, if you want the break down for making the right moves buying or selling a home, contact Carmen Miranda.