🏡 Murrieta, CA Real Estate Update January 2024 🏡

If you're a homeowner in Murrieta, California, you'll be thrilled to hear about the significant increase in real estate prices from January 2023 compared to January 2024. This means good news for home owners! Despite this positive trend, the inventory remains low, intensifying buyer demand. With fewer homes on the market and more buyers, bidding wars are becoming increasingly common.

For prospective buyers looking to move to Murrieta, there are abundant available homes that have lingered on the market for longer durations than expected. These properties present prime opportunities for buyers to negotiate more favorable terms with sellers.

In summary, January continues to bring good tidings for homeowners in Murrieta. Your equity remains robust and continues to grow. As for buyers, exercising patience is key as more homes are expected to enter the market soon. It's worthwhile to explore unconventional options that may not seem "perfect" at first glance but possess a favorable location and the potential to be tailored to your needs. These properties often lack multiple offers, offering room for negotiation.

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On our Channel we give Home Seller tips & reminders, along with tips & info to Home Buyers.

Lori Cutka, REALTOR ® Phone 951.719.6132
Matt Cutka, REALTOR ®Phone 951.219.6919
Email: Lori@thecutkateam.com/
Email: Matt@thecutkateam.com
CA DRE# 01408857
Big Block Realty, Inc
DRE Lic. #0188575

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