THE HOUSING MARKET
The Housing market, in our area, is crazy right now! We are seeing super low inventory and not a lot of rentals available out there either.
Many of the tech companies have announced that they are allowing people to work remotely into 2021 and some even forever. This in turn is causing a mass exodus from the bay area, as well as some of the larger cities down south. We are seeing an increased amount of traffic come to Redding because people want to buy up here and move out of the city.
With low interest rates and tons of people moving into the area, plus the fact that there is not a lot of inventory on the market, we expect the housing market to be pretty strong going forward. While rates are still great, be sure to call us, if you haven’t already, to run some numbers if you want to look into a refinance.
As always, please feel free to call me at the office with any mortgage questions. I would love to talk with you!Questions? Contact Chris Today!