What’s the new normal in the real estate market? As a homeowner getting ready to sell your house, it is important to know what you can expect with the current housing market.
Hi, I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty.
Let’s break it down: Current housing data is showing there is a positive trend right now with buyers adapting to today’s mortgage rates. The sticker shock of higher mortgage rates has worn off and buyers who may have been on the fence six months ago are back out shopping and have accepted the new normal of higher mortgage rates.
According to Lawrence Yun, chief economist at the National Association of Realtors, “Mortgage rates heavily influence the direction of home sales and the recent steady rates have led to several consecutive months of consistent home sales.” As a seller, this is good news to know that home sales are consistent right now because it means buyers are out-purchasing homes. Of course, mortgage rates are not the only reason buyers are shopping, life continues to happen and there will always be reasons to move and sell such as job relocation, family size, or any other personal motivation.
If you are planning on selling, reach out to me so we can get your house on the market and in front of those buyers, and let me guide you through this important decision.
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?