oakland ca real estate: East Bay Market Update--Low Inventory & High Demand: Rising Prices
- 11/12/12 02:25 PM
Here’s the quick summary of the basic question: what has happened in our East Bay Area real estate market in the past year. A year ago all the talk was about buyers sitting on the fence. Buyer apathy and lack of willingness to make a decision changed quickly to motivation. The change occurred quickly at the beginning of 2012 in SF, two months later in the East Bay, mid-March, specifically. Rates had been great last year. Yes, they’re even better now, but that wasn’t the big difference. Issues of confidence were huge: buyers needed to see that the bottom had been reached before they were … (5 comments)
Arlene Baxter's musings on the state of real estate in Berkeley, CA and its neighboring communities, and the joys and pleasures of this area that inspire so many fine folks to want to live here. In-depth East Bay real estate market updates, restaurant reviews, architectural appreciation and garden gandering!
Here’s the quick summary of the basic question: what has happened in our East Bay Area real estate market in the past year. A year ago all the talk was about buyers sitting on the fence. Buyer apathy and lack of willingness to make a decision changed quickly to motivation. The change occurred quickly at the beginning of 2012 in SF, two months later in the East Bay, mid-March, specifically. Rates had been great last year. Yes, they’re even better now, but that wasn’t the big difference. Issues of confidence were huge: buyers needed to see that the bottom had been reached before they were … (5 comments)
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