You've heard it on the radio and on TV: housing inventory levels across the Bay Area are low. But what exactly does this mean?
If you're a seller, it means "the ball is in your court." Generally speaking, houses are selling quickly. Multiple offers and bidding wars are fairly common place. The seller can negotiate to get the best overall terms.
If you're a buyer, well... it's a mixed bag. The good news is interest rates are staying low, increasing your overall buying power. On the other hand, there are not enough homes available to meet the high demand. Without the appropriate strategy the buying process can be frustrating and you can end up getting in over your head if you're not careful.
Whether you want to sell or buy, we have the expertise to help you realize your real estate goals.
Contact Theautis & Tracy to find out what a buyer in today's market will pay for your home, or to understand how to succeed as a buyer in spite of the high competition. (We have a few tricks up our sleeves to help the frustrated buyers out there!)
Position yourself for real estate success - Contact us today!