Real Estate Blog April August 9, 2022
Ed Pinto, Director of the American Enterprise Institute’s Housing Center, gives a perfect summary of what’s happening in today’s market, saying:
“Overall, the best summary is that we’ll move from a gangbuster sellers’ market to a modest sellers’ market.”
Conditions are still in your favor even though the market is cooling. If you work with an agent to price your house at market value, you’ll find success when you sell your house today. While buyer demand is softening due to higher mortgage rates, homes that are priced right are still selling fast. That means your window of opportunity to list your house hasn’t closed.
Today’s housing market still favors sellers. If you’re ready to sell your house, let’s connect so you can start making your moves.
Stay up to date on the latest real estate trends.
Median home prices are slightly below peak levels across Silicon Valley.
What does Q4 hold for Silicon Valley real estate?
Prices will likely decline for the rest of the year.
Single-family home prices in Santa Cruz reached a record high in June.
Single-family home prices in San Mateo and Santa Cruz reached all-time highs in May
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