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Free Coffee And Strong Spring Housing Market In The East Bay
Dated: May 8 2015
There is absolutely no correlation with free coffee and the housing market but since Peet's Coffee & Tea is giving away free coffee on Mother's Day, we thought we would share it with you.
From your mobile device, just show the coupon above to your favorite barista. By the way, Peet's Coffee & Tea would be a great place to meet your favorite Realtor (us perhaps) for a cup of coffee and start your home search.
The market has been extremely strong through spring so far with little improvement in inventory. Buyers are still scrambling to get in while rates are still at historic lows. That dynamic is still driving multiple offers on many properties. Properties in turn key condition are receiving multiple offers consistently. As I mention to my buyers, "If you love it, there are going to be at least eight others who love it as well".
The real opportunities can be in the homes needing a little bit of TLC as many buyers will back away from any post escrow work. On a promising note, June and early July can represent some of the best buying opportunities as many buyers step away from the market to attend graduations and take early vacations once the kids get out of school. Keep an eye out on more inventory, less pending sales and very likely some good price reductions during this time frame. We are already starting to see price reductions in many markets. Just this week there were 125 reduced across the East Bay market. You can view all active listings in our markets on the links by city below:
Walnut Creek, Pleasant Hill, Martinez, Alamo, Lafayette, San Ramon, Danville, Orinda, Moraga, Concord, Brentwood, Oakland, Fremont, Pleasanton, Dublin
Our Real Estate Group, The EastBayPro Team finished 2014 as the #1 listing and producing group throughout all of California and Hawaii. Please call us and let us put our expertise and track record to work for you. You can reach our team members at 925-304-6346 - Kevin R Kieffer, Broker Associate - Team Leader for Keller Williams Realty's EastBayPro Team - Our team members include Naomi T Kieffer, Matt Rubenstein, Dana Grant, David P Johnson, Heather Gowdy, Jamie Duvnjak & Scott Maher - Please call and "Let Us Exceed Your Expectations"
Interest rate update: Jenna Gray from CMG Financial quoted 4.000% for 30 year fixed and 3.25% for 5/1 ARM rates - please visit CMG Financial website for details on their rates and availability based on your purchase scenario.