Market Report: January 2024 a glimmer of hope amid soul crushing loss.

Market Report: January 2024 a glimmer of hope amid soul crushing loss.

In the Big Game of Bay Area Real Estate, buyers' hopes for more inventory in the new year were granted...but only slightly over the same time last year.

If you're just thinking of getting in the market, don't wait for interest rates to drop further, it may lead to getting your offer blocked and missing that extra point, dashing your hopes of another ring...

Oh wait, where were we? Yes, don't wait. You can always refinance the loan, you can't renegotiate the price.

Don't worry, no one changed the rules in home buying and selling, but you should enlist a real estate pro when moving the ball up field in overtime.

I did it again didn't I?

Well, I'll just leave you with this, can someone please ask Taylor to sell her house? Then maybe some of that Swiftie Effect will rub off and create more Bay Area housing inventory...

To the score! I mean the numbers...

Here's what else happened with East Bay home sales in January

The following graphs refer to detached single-family homes. Sources: Bay East Association of Realtors and Contra Costa Association of Realtors.


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