Inventory is on the Rise

Inventory is on the Rise

Breaking News! The housing market supply is on the rise, the biggest increase in nearly a year!! 

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

The latest report from Redfin Real Estate News is reporting the total number of U.S. homes for sale climbed 5%, the biggest year-over-year uptick since May 2023. 

We all know the housing market has been suffering from low inventory causing many buyers to sit on the fence and wait to purchase their dream home. This recent surge in listings is bringing more buyers back to the market. We are also seeing mortgage applications up, telling us buyers are back out in the market. All this increase in inventory has yet to dampen price growth. According to Redfin Real Estate News, the median U.S. home sale price is up nearly 6% year over year, the second biggest increase since October 2022.

Keep in mind, that mortgage rates are still trending a little high but are expected to gradually decline throughout the year. So with all of this good news, what are you waiting for?! 

If you would like more information on the current inventory and prices here in the East Bay, Call me today, and let’s talk about it. 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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