With spring just around the corner many buyers are poised to
make a move toward homeownership, and historically spring is the time where
more inventory is available and qualified buyers get into action. This is also
a time when sellers make their moves as well. Many are questioning this time in
the market wondering is it simply that time of year or have we overshot a high
in the past 2 years and is increased market inventory the start of a cool down
or more balanced market between buyers and sellers. upgrading, downsizing, relocating, buying a
investment property or occasionally I come across buyers who have gained substantial
equity in the past couple years who have decided to simply “cash out” and rent
for a while if they have the flexibility and investor mentality of buy low sell
high. Many different moves and motivations are being played right now with
buyers and sellers. Investors continue to move aggressively on the “deals with
a margin” however since the major drawback in short sales and REO’s there is
much less opportunity for investors which means when a decent deal with a
margin hits the open market its literally a “investor feeding frenzy”. Many of
the investors that worked off the court house steps, worked with the banks,
simply now work off the open market and are often times beat out themselves by
first time buyers or buyers that plan to live in the home and fix up gradually
are simply willing to pay more and since it’s a private seller in most cases
they are willing to work with many different options, more or less whatever
brings them the higher net proceeds is the trumping offer in the mix. It will
be an interesting year for the Livermore California housing market. Please
contact me if you would like to have a conversation about making a move with
your situation today! Thank you for reading my daily blog. Steve Eveleth
Livermore California homes for sale, your local Livermore Real Estate service
one stop shop.
Steve Eveleth , most reviewed Livermore agent on Yelp!
925.487.2246
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