Market Update – Home Sales & Prices Break Records

Living in the Bay Area it’s not a surprise that home sales and prices have broken records once again.  Home prices have risen at their fastest pace since June of last year and have risen 1% since January 1st. This week Joe, Bobbi and Buddy break down current and projected home sales stats and the conditions behind them. Specific topics include:

  • What happens if prices and inventory continue at their current pace?
  • National numbers vs. west coast numbers
  • Preapproved loans that go nowhere
  • Agents that understand micro-markets
  • Online guestimates that do more harm than good
  • And more

 

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