For people considering a Silicon Valley real estate purchase, a recent survey will be of interest. A new National Association of Realtors survey found that 80% of those surveyed consider conditions right for buying, while 69% think it’s a good time to sell. Confidence in the economy is also very high, with 62% of survey responses consider that the economy is improving. According to experts, positive feelings about the economy lead many people to consider big purchases, like a new house.
Hire a Real Estate Agent to Help with Buying or Selling a Silicon Valley Home
In the Silicon Valley real estate market, some of those positive feelings are slightly dampened by the tight inventory of houses, especially in the more affordable end of the market. People selling one Silicon Valley home while looking for another may run into the challenge that it’s easier to sell a house than buy one. The market moves very quickly. A good real estate agent can help sellers who are also buying to craft a plan to deal with this situation. It’s smart to have the plan in place before even listing your property.
Whether you are buying or selling this spring, feel free to get in touch with our office. We would be happy to advocate for you in the Bay Area real estate market.