April 11, 2017 - Vacaville, CA - For buyers looking for homes for sale in Fairfield, Community Real Estate Services are now highlighting the 2017 California housing marketing forecast from the California Association of Realtors (CAR). CAR’s latest report shows an expected 1.4% increase in home sales this year. This limited increase will be driven by a low market supply and affordability constraints across the local region.
In determining where to find the most affordable homes for sale, and timing their purchase effectively, local Fairfield buyers must harness the latest industry data. They must try to work with local professional and review industry reports to ensure they make effective choices on their real estate transactions. It is for this reason that local real estate company Community Real Estate Services is now highlighting the latest changes and projections for the 2017 California housing market.
The data shows that 2017 is expected to be a great time to purchase for many buyers in California, with interest rates remaining at historically low levels. The average 30-year fixed rate mortgage will rise slightly to 4% in 2017 and buyers can look forward to continually low rates throughout the year. The data also shows that homebuyers can achieve a significant return for their investment, with the median California house price forecast to increase 4.3% this year.
About Community Real Estate Services
The team at Community Real Estate Services are here to guide individuals buying homes for sale throughout Fairfield and beyond. To discover more real estate options, call their offices now at (707) 447-7777 or visit their business website at www.1communtiyre.com.