January 2019

Found 3 blog entries for January 2019.

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The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.

The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:

Why It Makes No Sense to Wait for Spring To Sell | MyKCM

Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.

Bottom Line

Buyers in the market during the winter are truly motivated purchasers and they want to buy now. With limited inventory currently available in most markets, sellers are in a

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Modern Condo with Sweeping Bay Views. Just listed and ready to dazzle you!

Fully upgraded, top floor 1 bed/ 1 bath with sweeping bay views and vaulted ceiling. Gorgeous remodeled kitchen features stainless steel appliances, quartz counter tops and gas cook top. Sleek modern bath has shower over tub.

Bedroom comes with walk-in closet and private balcony with view. Hardwood flooring throughout. Full size in unit washer & dryer, 1 car garage w/storage, wood burning fire place and Smart Home elements make this unit irresistible. Minutes to hwy. 101.

$425,000    Open Thursday January 24 10:30-2 pm and Sunday January 27 2-4 pm For more information go to www.270ChanningWayUnit2.com

Hilary Davis, Realtor (415)235-3133

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If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price.

In today’s shifting real estate market, where more inventory is coming to market and home values are projected to appreciate at lower rates, homeowners will not be able to price their homes as aggressively as they were able to just last year.

They will have to employ the same strategy: be the closest without going over!

As we have explained before, pricing your home at or slightly below market value actually increases the number of buyers who will see your home in their search!

Over the last six months, more

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