Market Slightly Favoring Sellers

Larry Doss Thursday, January 16, 2025

One of Ming Tree’s services to Buyers and Sellers is to provide market data. The link here shows the market is balanced in Eureka, with just a slight lean to favor sellers. A very good time to be a buyer as the advantage will move more towards sellers as we move into spring and the full affects of the SoCal fires cause an intra state migration. Interest rates should not be a deterent to move on purchasing as the rates will be very steady around 7%. Ask your lender to add into your mortgage loan the ability to do a simple refi adjustment on rates should we see a decrease. This advice may have saved you thousands of dollars, contact us to make a specific strageic plan for you to reach your real estate goals. Click on the graph for additional details.

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Based on information from the Humboldt Association of REALTORS®, as of 02/04/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2025 Humboldt Association of Realtors®. All rights reserved.