Spring is in the Air!🐣

Spring is in the Air!🐣

With Spring officially in the air, what is the latest national housing news? 

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

As Spring approaches with warmer weather and longer days, more homes are hitting the market. This means there is more inventory for buyers. According to Redfin News, new listings rose 10% year over year ending in February, the biggest increase in two months. We are also seeing prices remain high up 6%, the biggest increase since October 2022. 

However with all this new inventory and appreciation in home value, we are still seeing some buyers sitting on the sidelines. The buyers that are actively shopping are looking for homes that are ready without a laundry list of repairs and sellers continue to offer concessions to help buyers with closing costs. 

According to the National Association of Realtors chief economist Lawrence Yun, homebuyers are taking advantage of lower mortgage rates compared to this time last year. We are starting to see multiple offers again in some areas with many homes sold in 30 days. Of course, we all know the housing market is volatile and ever changing so while the market is moving in the right direction, nationally we are still trying to work out some of the kinks from 2023. 

If you would like more information on housing data for your nook of 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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