It’s time for a panoramic view. Give me a minute to explain and then spend a few moments digesting the images below. If you want to understand the Sacramento real estate market, it’s really helpful to see how certain “layers of the market” work together. These graphs help give context for how price, interest rates, inventory and unemployment mingle. Have a look below to try to make sense of what is happening with each of these metrics at any given time. For instance, when values are increasing, what is happening with interest rates and inventory? Or when values are declining, what is typically happening with unemployment or interest rates? Be sure to check out my detailed market post if you missed it a few days ago. Ultimately, what can we expect in 2014? Enjoy.
Share the Graphs: As always, you can use these images unaltered in your newsletter, on social media sites or blog posts (just link back). See my sharing policy for more details about 5 different ways to share my content.
Questions: Any thoughts? What do you see? I’d love to hear your take.