Dear Friends,
May's newsletter looks at pricing and inventory trends in this "overheated" (my term, but I'm sure some of my clients would agree) market.
As an example, I just got a buyer into contract after 4 tries. She competed against 19 others to win. She was starting to worry that the door to SF home ownership was closing for her due to rising prices. She is exhausted but ecstatic.
Not enough supply and too much demand is turning real estate into what one expert calls a "luxury commodity."
Also included is a look at migration into and out of the bay area. Please click on the link below for the full report.
Please do not hesitate to reach out for vendor or out-of-area Realtor referrals, or just to say hello!
May you all be well. Happy Spring!
Best regards,
Pota
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