I’m calling it today. The bay area real estate recession is over. Buyers have entered the market en masse (because of low rates and low pricing) causing a spike in demand, contrary to what the media talks about, there’s a lack of supply of homes for sale in the immediate bay area which is causing every property to get multiple offers today. If you’ve been waiting to buy, you need to become more aggressive in looking and in your offers. If you don’t most likely you’ll be paying more for that same home next year in both price and interest payments.
It would be really cool if you told your friends and colleagues about me. In fact, that would be super cool!