The latest numbers are out!! According to Redfin News, U.S. Home prices are up 3% year over year despite relatively slower demand.
Hi, I’m Tanja Odzak, eXp Realty, and I help people sell and buy homes here in the East Bay.
So, what gives? The answer, supply and demand. The median U.S. home price has risen 3% year over year during the four weeks ending August 6th. This has been the biggest increase since November 2022! Although some buyers have been sidelined due to higher mortgage rates, low housing inventory is pushing prices up, with more house hunters than homes for sale. Nationally, the month of supply or absorption rate is at 2.7 months, indicating it’s still a seller’s market. Homes that sold were on the market for a median of 28 days with 43.6% going under contract within the first two weeks on the market.
If you are planning on selling your home, and want it in front of tens of thousands of potential buyers, then call me today… and let me guide you through this important decision.
And ask me about my home selling plans.. Choose Silver, Gold, or Platinum- Pick your Plan and Pick your Price. Hire me to use my digital marketing to sell your home– where I crush Big Box Real Estate websites by getting your home tens of thousands views from potential buyers, and not just a couple thousand. I’m Tanja and I sell homes. I offer you 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?