2024 Housing Market UNLOCKED

2024 Housing Market UNLOCKED

The 2024 Housing Market has unlocked! So, what does that mean for you as a seller or buyer? 

Hi, I’m Tanja Odzak, eXp Realty, I help people sell and buy homes right here in the East Bay!

We all know the 2023 real estate market was basically locked up with no inventory and high mortgage rates keeping sellers and buyers sidelined. But, that is not the case for 2024. 

Stats are out and the real estate market for 2024 is unlocked!! The National Association of Realtors is reporting existing home sales surged almost 10% year over year in Q1. According to National Association of Realtors Chief Economist Lawrence Yun, “Additional housing supply is helping to satisfy market demand.” 

This is also the season of the new normal. The housing market is controlled by supply, demand, and interest rates. Historically, prices go down when there is more inventory. However, in today’s market, inventory is increasing… and so are prices! Something we have not seen in quite some time. 

But why is this so? In this new market, we are seeing prices up about 6% because   demand. Buyers that have been on the sidelines for the last year are now out shopping, keeping prices higher due to that demand. 

However, experts are predicting we will not see the surging home prices that we saw post-pandemic in 2021. We are seeing a more stabilized market. This is great news for both buyers and sellers. Sellers if you are looking to list your home, now is a great time. Buyers if you are looking to buy, now is a great time. And moreover, has there *ever* been a bad time to own?

Call me today and let’s talk about it. I’d love to give you a home valuation on your property’s value and also the current market stats. I’m a seasoned East Bay expert with a 5-Star rating. I’ll help you navigate the market and make it happen, whether that’s selling or buying or both! 

And if you or someone you know needs to sell a home, ask me about my home-selling plans. I took the pain out of negotiating with a Realtor and made it SUPER simple. Really!  Choose Silver, Gold, or Platinum- Pick your Plan and Pick your Price. Terms do apply. I’m Tanja and I sell homes. Let’s get you going, Call me today!

I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit. 

Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?



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