2/9/2024 BAY AREA REAL ESTATE IS ON FIRE!

Right now the real estate market is on fire!  

Despite higher interest rates on mortgages, 

high demand

and lower inventory... 

In the last several weeks we have seen hundreds of people through open houses and several homes receiving multiple offers considerably over the asking prices.

Now is an opportune time to list your home for sale for maximum profits.

HERE ARE RECENT HOMES THAT SOLD WITH MULTIPLE OFFERS.

If you're thinking of a sale sometime in the next year use our comprehensive homeowner software and start planning your move.

START PLANNING TODAY:  TRY THIS AI HOME PLANNER FOR FREE

If you're just starting out and would like to know what you can afford and get a quick no obligation pre qualification for a purchase GO HERE.

Have questions LETS TALK.

Every week we share the markets in a minute video...

Or if you are a data nerd like me, and you love looking at charts and reading who, what and why you may want to see what happened this week...

Next week's two big ticket events could set the tone for the rest of the year... and the tone is a major reduction in mortgage rates. 

READ What's at Stake With Next Week's Fed Announcement and Inflation Data?

Remember these rates and APRs are a ball parked based on specific lending scenarios... Get with your lender to verify how your pricing will look based on your unique situation... 

Or call us anytime.

Prices Reduced This Week

We update this list of price reductions weekly!

There are several reasons it's important too keep a pulse on how many and what properties are reduced in price...

First it is a good indication of how the market is doing, the more price reductions we are seeing the more likely we are swinging toward a buyer controlled or balanced market.

Also... If you ARE looking to buy a home soon price reduced homes are perfect pickings for negotiating a good price.  

Often sellers who are reducing a price are discouraged and READY to take a price much lower than what they previously were listed for.

PRICE REDUCED THIS WEEK

Real Local Market Charts

Weekly market outlook

Your latest market reports are available now. Please click the links below to check out this week's data. 

Please be sure to open these emails each week to ensure that you continue to receive them.

Below are some simplified charts and statistics you'll want to keep track of for sure.

HERE IS A SIMPLE BREAKDOWN OF THE MARKETS CHARTS

If you're like me and you REALLY LIKE TO GEEK OUT on statistics and dive deep into what the real estate markets are doing you can delve a bit deeper at the link below.

GEEK OUT ON DETAILED MARKET STATS HERE

Upcoming Events

Bay Area homebuyer class streaming live weekly or recorded on demand. This course is informative and educational and will give you the confidence to take the next steps and buy a home.

Jason Wheeler, a Bay Area mortgage broker, has just released his updated first-time homebuyer crash course. Jason Wheeler helps homebuyers throughout the East Bay Area of San Francisco and Diablo Valley.

C2 Financial will finance properties throughout California.

This course will help you if you’re just getting started or in the research phases of possibly buying your first home.

Jason Wheeler is a licensed mortgage loan officer as well as a Realtor. He has been a top producer with Cal State Realty since 2003 and primarily serves home buyers in cities in the East Bay like Pleasant Hill, Concord, Walnut Creek, and throughout Contra Costa County.

You can attend the live course weekly or view the most recent recording.

You can review last week's recorded event here https://youtu.be/75iebWCjYfk

When you’re ready, we would love for you to contact us to evaluate your personal scenario. You can call or text directly we do not use centers or assistance. You will get to talk to me directly.

You can contact us

https://maps.app.goo.gl/fgXpjFRpcJDY189J7

Jason Wheeler: C 925-285-2172 | C2 Financial NMLS 242672 DRE 01458438

SUBSCRIBE AND RECIEVE THESE UPDATES WEEKLY 5 Page PDF Home Buyer Cheat Sheet Download