As many Sellers who put their home on the market in August hoping to be part of the summer buying frenzy with multiuple offers and over asking price offers are finding out, home sales in Livermore, the Tri-Valley, most of the East Bay Area and across the U.S. are slowing. In some bay area cities, average days on market for active listings is more than 30 days. That is not a bad thing necessarily. It is just a sign that that fall is here, mortgage rates are beginning to rise and hopefully, we will be headed to a more “normal” market and inventory.
Month: August 2013
Sales Slowing in Livermore, the Tri-Valley and Bay Area & Across the U.S. A GREAT Time for Buyers to Buy a Home!
As many Sellers who put their home on the market in August hoping to be part of the summer buying frenzy with multiuple offers and over asking price offers are finding out, home sales in Livermore, the Tri-Valley, most of the East Bay Area and across the U.S. are slowing. In some bay area cities, average days on market for active listings is more than 30 days. That is not a bad thing necessarily. It is just a sign that that fall is here, mortgage rates are beginning to rise and hopefully, we will be headed to a more “normal” market and inventory.