There are times when I think it is important to spread the word regarding any likelihood of significant changes in our real estate market and I sense that now may be the time to do just that. Barring any significant economic events, real estate in California historically tends to run in 6-8 year cycles. That is 6-8 years of rising prices followed by another 6-8 years of a mixture of plateauing and reducing prices, before the rising price cycle starts again. What makes this particularly … [Read more...] about Are San Ramon Valley Home Prices Nearing A Peak?
Danville and San Ramon buyers and sellers may be surprised to realize that the issues here are not just local ones. Amazing to say, home sellers across the country had an average of 2 to 3 offers on their homes in 2017. According to Realtor.com’s Housing Shortage Report, the United States is experiencing the worst inventory shortage in 20 years. It’s no secret that the historically low inventory has created a nationwide seller’s market. And since there’s such a demand for homes, sellers are … [Read more...] about Multiple Offers On Homes Nationwide Became The Norm in 2017
When you decide to sell your home you have to face facts - you are going to have to endure a degree of inconvenience if you want to get the best price. You will probably have it staged - so you will be living in a somewhat artificial environment for a while. You will also have to vacate your home when an agent has arranged to show it to his buyers And when you have Open Houses you have to disappear for a few hours at a time so that total strangers can walk through it without interacting with … [Read more...] about Open Houses – Are They Necessary Or Not?