The Bay Area real estate market update…total inventory from South San Francisco to Redwood City this week is 231. Inventory went down again for the second week in a row. That is rare for this time of year and shows how strong the market is right now. Pricing your home to sell is more important now because buyers are expecting to have to pay more than the asking price. Someone said to Tim this week, the asking price is a “fake” price and not the actual home value. In fact, the asking price is a marketing price to generate interest on the home and have lots people want to look and want to purchase the home and are willing to offer over asking price, as buyers have been trained to do for the last 4+ years.
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