A bit hard to say what is in store Q4 of 2013.
It has been a very aggressive Q1-Q3 – that is for sure.
Lots of buyers and not as many sellers, lots of offers, houses selling well over list…I hope by now that word has gotten out that it is a pretty wonderful time to try and sell your home.
Some key points as we look into fall and end of year.
1) Rates have inched up past 4.5% (at least at the tail end of last week 9/6) – where they ultimately land is hard to say but when rates go up – buyers tend to get a tad nervous – this may mean less buyers offering on certain properties? Most buyers in active and competitive markets however are well qualified to begin with and aware of rates, % down and what it takes to win a bid. Whether they go there all the time is a different story..
2) Indian Summer – one of the many reason many of us love the Bay Area. Houses show better and “feel” better when is warm and sunny.
3) More houses on the market? Well I hope so. Typically after Labor day as has already been proven this year – more houses are now on the market – this usually rolls through mid to late October. Less action historically in November and December.
As always – feel free to call me or email me directly to talk about your buying or selling needs.
Scott
415.225.4593
Active Listings
3021 58th AveOakland
Offered @ $389,000
2 bed 1 bath updated plus detached garage - Millsmont Neighborhood!
Open 10/3 10:30-1:30, Open 10/6 1-5:00, Open 10/13 1-5:00, Open 10/14 10:30-12:30, 10/16 OFFERS
638 54th StreetOakland
Offered @ $579,000
4 bed 2 bath - huge porch and yard
Open 10/17 10-1:30, 10/13 1-5:00, 10/20 1-5:00, Offers 10/30 by 4:00
Coming Soon
- Investor opportunities
Contact me directly for info,