The real estate market in the Bay Area seems to change every week. While winter and early spring were very hot sellers' markets the market has taken a slight shift in the last few weeks and properties are staying on the market a little longer.
What does this mean for consumers? If you are a buyer and thinking of purchasing a property now is a great opportunity to jump in and actively search and attempt to buy a home. Now is the time when you may not have to compete with multiple offers and can find homes easier.
As a seller, it is more important than ever to select a knowledgeable listing agent who will go the extra step to make sure your property is marketed correctly to ensure it sells quickly for the right price. With the quickly changing market, I expect this trend to switch back to a very strong sellers' market shortly!
