The inventory shortaqe continues in the East Bay. We expect this to correct as homeowners breach their underwater mark and decide to make a move during the spring market. Headlines today are showing substantial moves in the market with San Franciso prices up 12% year over year. Dublin, Pleasant Hill, Walnut Creek & San Ramon are all seeing similar price movement. Given the current buyer demand and shortage of inventory we should see these figures replicated again in 2013. It gets back to the basic supply and demand equation. Few homes, lots of buyers = upward pricing pressure.
Author:Kevin Kieffer Phone: 925-300-8000 Dated: December 13th 2012 Views: 733 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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