We all know what the last couple of years have been like for the housing market – pretty much a roller coaster from high buyer demand, skyrocketing home prices, and multiple offers in 2020 and 2021. Then a huge market shift in 2022, with a slower market and higher mortgage rates, we all can agree it’s been a crazy ride!! But guess what? Experts are now forecasting a turnaround in the market for this year.
Hi, I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty… and I sell homes in Oakland, Berkeley, and the East Bay on both sides of the Caldecott tunnel.
As we move into the year, there are signs things are finally turning around. Recent reports show home price appreciation slowing from the frenzy prices, making housing more affordable, mortgage rates are coming down, and inflation is easing. All of this is causing overall market activity to pick up. According to Lawrence Yun, chief economist for the National Association of Realtors, and I quote “Mortgage rates have fallen in the recent past weeks, so I am very hopeful that the worst in home sales is probably coming to an end.” So it’s important for us to know that experts are saying that we are not in a declining market, but a market of deceleration, meaning that homes are appreciating at a more normal rate. So if you have been thinking about making a move this year, whether buying or selling, a turnaround in the housing market could exactly be what you need. Please reach out to my team and I so we can help strategize your next move.
And if you need to sell your home, ask me about my tiered home selling plans where you get to pick which real estate services you want and the fee you pay… Most of the them offering my super duper digital marketing that… 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?