The Bay Area real estate market update….with a total of 217 home on the market from South San Francisco to Redwood City this week buyers are driving the market. Buyers are not buying as quick as they did last year and they are asking “What do you think I can get it for?” instead of “How much more do I have to pay?” which was the question last year. Inventory on the market is at about 6.5 weeks indicating a change in the market if this trend continues. Pricing your home becomes much more important and there is a big opportunity for buyers with more inventory there will be fewer multiple offers and interest rates remain very low.
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