Here is your weekly McNally and Associates Bay Area round up!
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Unpopular Opinion…
The “Bay Area” is sooo large and some debate where it starts and where it ends but generally, it extends from the “South Bay” all the way up to the “North Bay” or Marin County. It would be near impossible for someone to be an “expert” in all areas of the Bay Area.
The primary challenge facing the housing market is affordability, affecting both demand and supply sides. However, there's a notable shift happening in terms of supply: the number of active home listings is gradually increasing. This trend marks a significant change from the past few years, where we typically observed a decline in supply around this time of year. We currently have a 3.6 month supply, 4-5 months is considered balanced. Demand is still outpacing supply. That can change quickly as rates improve.
Do you know anyone who is looking to buy or sell this year?
There has never been a better opportunity for investors and we have a lofty goal to help over 100 families in 2023! If you have any family, friends or colleagues that might be in the market, we'd love an introduction so we can help them!
We are a boutique residential real estate team helping clients achieve their real estate goals in the Bay Area. We are a group of women who specialize in different markets across the Bay Area, while following a custom process that allows us to help buyers and sellers achieve their real estate goals efficiently. Our team is top 1% of all realtors in San Mateo County and San Francisco with a total of $340M+ lifetime sales. We take pride in knowing that our clients become friends and refer us to their friends and family members because we work to make dreams become a reality. Once our clients speak to us for an initial call, they understand why we are different and why they want to work with us. We are your personal real estate concierge in one of the most dynamic real estate markets in the world.
Olivia McNally
Real Estate Specialist |The Peninsula & S.F. Bay Area
McNally & Associates/EXP
650.576.6666
DRE# 01972985
EXP DRE: #01878277
DREAM+HOME
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