If you’re a potential seller thinking about selling in the upcoming year, what are the experts predicting will happen with home prices?
Hi, I’m Tanja Odzak, Our East Bay Home and eXp Realty and I sell homes in Oakland, Berkeley, and the East Bay. …As we come to a close for 2022, what are the experts forecasting for next year? Will it still be a good time to sell? 🡪 A lot is going to depend on what happens with Inflation and Interest rates. Homes have been feeling that downward pressure from the rapid and seemingly relentless mortgage rate increases that we’ve had this year. Everyone is intently focused on the Federal Reserve and whether inflation is actually slowing as a result of these rate hikes.
Yet! Experts still expect buyer demand to be there… The 4th Quarter is typically the slowest of the year, but According to the experts, demand will still be there because of two things: An undersupply of homes on the market (i.e. supply and demand) which still has us in a seller’s market AND millennials are now moving into their home buying peak years. Millennials continue to be one of our largest demographics of homebuyers.
Take all predictions with a grain salt, but the bottomline here is that it’s best to call me when you’re starting to think it may be time to sell your home so that we can talk local market conditions, and discuss your needs. I track the local markets every week as well as the monthly trends.
Feel free to reach out to me, Tanja, if you are thinking of selling and we can put together a comprehensive listing marketing plan for you.
And 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 them offering my super duper digital marketing that… no one else does in our area. I’m Tanja and I sell houses. 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?