Experts report that housing markets in California enjoyed rapid sales during 2015. In fact, of the nation’s hottest marketplaces for residential real estate, this state enjoyed several metropolitan areas with reduced on-the-market periods. In 2009, an article in Forbes listed the Redding market among the top eight in terms of locations likely to enjoy a recovery from the recession slump that struck much of the nation during 2007 and 2008. Although prices on properties for sale in the Redding market continue to rise, this area still offers valuable opportunities to astute investors seeking solid real estate values.
The beautiful scenery in our region offers many opportunities for the sale of vacation homes and recreational properties. Additionally, Redding offers several other benefits that appeal to full-time residential home buyers as well. These include:
- A diversified economy;
- Well developed infrastructure;
- Well-maintained interstate I-5;
- Proximity to recreational opportunities;
- Excellent medical facilities;
- Educational institutions and a well-educated work force.
Many builders have chosen to develop luxury homes and gated communities in this attractive market. Compared to many other West Coast locations, Redding’s real estate market demonstrates resiliency and robust features. Not surprisingly, companies and real estate investment trusts frequently view the vibrant Redding, California area as an attractive place to acquire assets for long term profits.
Seasonal Market Issues
Properties for sale in Redding CA and other communities in Northern California nevertheless do reflect seasonal market issues to some extent. As a general rule of thumb, most residential real estate customers express interest in properties during the spring and summer months. However, aggressive, innovative sales professionals greatly assist clients who purchase or sell properties throughout the year. A talented agent won’t allow seasonal conditions to impede dependable residential retail marketing efforts.
Why do many residential property buyers respond to seasonal conditions? Households may feel reluctant to relocate during winter, particularly if youngsters in the family have begun an academic year in a school and a relocation would require them to change districts. Additionally, most properties in this part of Northern California simply show better during warmer months, especially those located at higher elevations. During sunny, mild conditions prospective purchasers appreciate outdoor amenities more readily. Snow and ice may deter some home buyers from looking closely at a back yard.
A skilled Redding real estate professional assists clients by developing comprehensive marketing campaigns to assist buyers and sellers in locating and selling prime residential real estate. By taking local conditions into consideration, purchasers from outside the area benefit. They gain greater insight into conditions impacting market prices. Additionally, they may benefit from prompt notice concerning properties that reach the market that meet their specifications. In markets enjoying rapid sales, the ability to act quickly offers an advantage to investors, especially those located outside the area.
Buying or Selling Properties For Sale in Redding, CA
When commercial enterprises require assistance marketing their Redding properties for sale, consulting with a skilled real estate professional familiar with the Redding community provides greater peace of mind. Experienced real estate agents monitor local market conditions closely. They may offer valuable insights into trends and effective sales techniques. Contact the skilled sales force as RE/MAX of Redding at 1-800-645-1944 for more information, or to discuss how RE/MAX can help your company meet its real estate objectives more effectively.