This months Reality Check focuses on the shortage of homes for sale in the Bay Area. Inventory is down over 62% from last year meaning multiple offers everywhere. If you are thinking of selling now is a great time. Conversely, if you are thinking of buying it may be time to consider a purchase before interest rates increase along with home prices. (Click on the link below to view this report)
Real Estate Bidding Wars Are Back – Check out this video on the state of the real estate market. We are seeing multiple offers everywhere. Hopefully as we enter the summer months we will see more inventory hitting the market which is good news for frustrated buyers.