Wednesday, February 24, 2010

Help.... We need inventory!

Do you know anyone who is looking to sell this year? If so, I would love to speak with them. We, in the Bay area are in a strange predicament, the market has definitely changed but we still live in a area where everybody would love to own their own home. What we are seeing in places like Rockridge, Crocker Highlands and Areas of Berkeley have experienced a bit of an adjustment in price of about 10%-12%. However, there is little inventory and a ton of buyers. Because of this, we are also seeing multiple offers on homes that are priced right and show well.

Other places that are a in a more transitional area including North Oakland, South Berkeley and certain parts of East Oakland have seen some major price adjustments yet for homes under $500k there has been some major competition with as many offers of 5-15 total on a home. More than ever, it's important that your home shows well and that can be accomplished with home staging and/or working with a Realtor like myself who can help you rearrange your own furniture to make your home sparkle. You we be amazed what a fresh coat of paint can do for a home.

If you or someone you know, are considering selling, please have them contact me. I can help create a strategy that will get them top dollar in the time they want.

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