I've been speaking with some other real estate agents this week and they are all reporting the same thing - the activity in the Bay Area is picking up. Inventory is down but interest has spiked. Perhaps buyers are realizing that the prices are not dropping 40 or 50% and that interest rates aren't dropping either. Looks like we are heading into a 'normal market' - what does that mean. It just means we have people buying and selling and in some areas and on some properties we will see multiple bids and on some we will just see the one offer.
So if you are thinking of selling or buying or just sitting on the fence. Hey the waters warm! Jump in.
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