Market Lull? Correction?? Still Hot???
On Wednesday, March 16th KTVU, Channel 2, 10pm News: Real Estate market still hot on homes priced below $1,500,000, but slow on homes above $2,000,000. Examples are homes with Cupertino schools and located close to tech sites.
I believe we are experiencing a minor lull in activity now, right now. Not on homes priced
very low, but on homes priced in market range.
Buyers, this could mean a short window of opportunity. Sellers, price carefully.
HERE FOR YOU!
As always, I am here for advice - just contact me. I do not believe the lull is or will lead to a correction, only time will tell.
The news also stated that inventory went up from a year end 400 homes for sale to a current 800. This is normal after the holidays as we enter the primary market time of March and April.
"Negotiating for your success!"