The Summer housing market has been robust and surprisingly active this year. Despite all the challenges with affordability and inventory, the demand for housing continues to remain strong with buyer demand getting stronger and stronger. So why is this?
Hi, I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty.
According to data from Showingtime Index, which is a site that measures buyer’s activity, buyer traffic is up in most of the country.
In fact, it is stronger than in years prior to everything that happened in 2020. Even with inflation, rising interest rates, and a lot of “chatter” about a recession, a stronger-than-anticipated job market is what is fueling the housing demand. According to the Bureau of Labor Statistics report, unemployment is at a new all time low and is currently at 3.4% which is a fifty-year low. Because more people are employed and financially secure, they are in a better position to purchase a home.
This is great news for homeowners thinking of listing their home this Summer as there are plenty of buyers out there trying to find the perfect home. If you would like more information on the current housing data and find out what is happening locally in your area, give me a call. I can help you strategize the sale of your home to get the best return on your investment.
And ask me about my home selling plans where you get to pick which real estate services you want and the fee you pay… Most of the them include my super duper digital marketing that absolutely no one else does in our area. I’m Tanja and I sell homes. I offer simplified and transparent choices!
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?