I never thought I’d write about zombies and vampires on my blog, but here goes. Next month I’m sitting on a panel for an event called “Zombies, Vampires & FHA” at the Sacramento Association of Realtors. I know this sounds like an odd title for a real estate event, but the tag line for the event says it all: You should only be afraid of two of these.
Fear & Market Trends: As investors gutted the market over the past year, FHA buyers really struggled as they lost about 10% of their market share. The truth is as cash came knocking on the door in mass, many sellers became leery of working with FHA buyers since cash was simply easier and generally came with fewer headaches. But now the tide is beginning to shift as inventory is on the rise, values have begun to cool off and investor cash has been on the decline. The stats alone tell us all we need to know since FHA has seen a 3% increase in Sacramento County over the past 90 days (and 6% under $200,000).
Check out a one-minute promo video above (or here). I hope you like it (I made it). If this “zombie” event sounds relevant for you too, come on by. It would be great to hang for a bit and eat some lunch together. There is a cost for the event, but speaking at this event is volunteer work for me (just in case you thought I was sharing so I can get rich).
Question: Enough about FHA. Do you like scary movies? Why or why not?