Wow, the inventory in El Dorado County is at a very low place. As soon as a home hits the market it is sold. The problem is, that when a seller decides to sell, he needs to move someone else. With nothing to buy –we are at a state mate, unless sellers start moving out of area or out of state. What usually happens right now is land sales increase as buyers decide to build their own homes. There are only a few flips left so the time is ripe for spec builders to start new homes. El Dorado County has reduced permit fees, that should start a trend of new homes being built in the rural parts of the County. If you own land, now is time to sell and if you want to build, now is time to buy.  

Thoughts by Diane Broussard

Realtor since 1990