Real estate prices in the East Bay have been steadily climbing since 2012, and predictions are for this year’s market to continue that trend. Our robust job market has created a very high demand for housing throughout the Bay Area, especially for homes within quick commute distance of job centers, preferably within walking or biking distance to BART. The East Bay is more affordable than San Francisco, Marin, and the South Bay, so there is particular pressure here from first-time home buyers.

 

Of course, the strong job market keeps people here as well as attracting them, and fewer people are moving either out, or up. Such tight inventory affects potential “move-up buyers,” causing some to remodel their homes when they need more space, rather than sell them. Also, it may look like there is a building boom in Oakland and Berkeley, but most of the new construction is apartments, not single family homes and condos.

 

 

 

If you are planning a move, it is clearly an excellent time to sell. Call us with any questions! We will help you develop a strategy for success, from the art of pricing, to properly presenting your house to its best advantage in the marketplace. We handle the details, and our years of experience and connections insure the best outcome for a successful sale.