Who Knows What 2017 Will Bring? Napa and surrounding areas will most likely continue on their trend lines: prices increasing gradually, inventory limited, perfect properties selling fast and challenging properties taking longer, a seller’s market for the most part, cash as King, and pre-approved financing essential. Interest rates have recently gone up a quarter point, and may again. Nevertheless, these are historically low rates, lower than appreciation, and real estate outperforms most alternative investments. Purchasing power will decrease with any rise in interest rates, so there is no better time than the present to purchase. Equity can be yours in
Read More