The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up this week to 239. Inventory increased by 10% this week which can be good news for buyers, however the market is still moving efficiently. As Tim spent his week down in Palm Desert he noted that when you are outside of the Bay Area the home prices still haven’t reached the 2007 peaks, where here we are way beyond that. There is so much traffic in the Bay Area everywhere you go because the economy here is so healthy, there are constant increase of jobs which ultimately drives the market. Before the end of June is the strongest time of the year for Sellers, it is important to take advantage of the market before then.
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