Home Buyers Are Eager But Sellers Are Scarce, Creating ‘Real Gridlock’
Homeowners with low-rate mortgages are delaying the decision to sell until market conditions change.
There is interest among buyers — mortgage applications were up 10 percent in March from the month before — but the number of homes for sale is low. The mismatch is caused in part by homeowners who are inclined to sell but are sitting on the sidelines, scared off by the steep prices and mortgage rates that they would face as buyers. More
Coming June 7th
Charming 1950s Mill Valley cottage. Listed at $1,350,000.
2 Bedrooms, 1 Bath, approx. 6300 sq foot level lot. Pride of ownership throughout. Great location with easy access to Shoreline Hwy.
For more info call 415-847-8331.
The Housing Market Has Been Weathering A Slowdown For Months, But It’s Finally Appearing In The Prices
Home sales are bouncing back and forth but remain above recent cyclical lows. The combination of job gains, limited inventory and fluctuating mortgage rates over the last several months have created an environment of push-pull housing demand. More
Staging Becomes More Important Than Ever
Properties aren't selling as quickly as they did just a year ago, making prelisting prep all the more important.
Home buyers, many of whom are stretching their budgets to the max, are clamoring for move-in-ready properties that don't require extra repair expenses.