There are many factors driving the housing market. NAR expects to see a 10% increase in home sales in 2013 and about 7% increase in 2014. Last year existing home sales ended near 4.6 milliion. New home sales are expected to exceed those growth figures signifcanlty with a 30% increase in new home sales in 2013. All of this is great news for the economy and excellent news for existing home owners as this buyer interest will drive up prices and subsequently increasing equity for exisiing home owners. Some of these homeowners may consider selling which is what the housing market needs since there is a nationwide shortage of inventory in most major markets. The East Bay / Northern California market inventory is down approximately 18% over the same time last year. The East Bay cities used for statitistics include : Walnut Creek, Pleasant Hill, San Ramon, Dublin, Danville, Concord and Lafayette.
Author:Kevin Kieffer Phone: 925-300-8000 Dated: January 24th 2013 Views: 907 About Kevin:
Kevin R. Kieffer is a Broker Associate and Realtor with Compass. His primary focus is the East...
About Compass Real Estate DRE 01527235 Kevin R Kieffer DRE: 01330888
Kevin R Kieffer's Team at Compass Real Estate consist of the following professionals: Kevin R. Kieffer, Broker Associate DRE 01330888, Naomi T. Kieffer, GRI, Realtor DRE 01263908, Matt Rubenstein, Realtor, Taylor Pollard, Realtor DRE 01996354, James Heaton 02095396 & Heather Gowdy, Realtor DRE 01933216. This team is ranked in the top 1% of Contra Costa County and are Five Star Agents as seen in Diablo Magazine - Offices in Walnut Creek & Danvi lle
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