2007 Real Estate Sonora, CA. 95370

Having been in the real brokerage business for 30 years, I have seen interest rates at an all time high 17% to a low of 4%.

As each of us are aware the real estate cycle has a history of boom and bust.

One of the insights that I have learned is that the market is always the market and as they say in the stock market " The market never lies"

We have seen a change in the market since late 2005 and we have continued to see increased inventories both locally and regionally.

We are seeing foreclosure activity and especially for those who may have purchased in the last two years.

There will always be buyers and sellers and if one is to look at the long term, real estate has been an outstanding asset to hold.

In the Mother Lode we have seen adjustments in the 10% to 20% range.

For buyers this time may be an "Opportunity" to purchase historical below market rates.

The Mother Lode has been a popular area for retirement, recreation or owning a second home such as a mountain home or cabin.

When looking at real estate ask your agent to see the sales comps as there may be a difference between Sold's and active listings. Look at those Sold's within the past 30 to 90 day's as you may see a trend that can assist you in your buying decision.

Our office would be happy to answer any questions as to real estate and we are "Experts" in the community.

RE/Max of Sonora

Jim Hildreth Broker-Owner