Sellers! Are you trying to time the market?

Yes, home prices are dropping and interest rates are rising. Should you wait to sell your home til 2023? The answer is there is always a buyer in Silicon Valley, San Jose and the greater Bay Area. However, it may take weeks or even a month and sometimes even longer to get the contract you want. Before you list, make sure you know what is happening directly in your immediate neighborhood, with pending sales, how many days existing homes have been on market, and what is happening with the list price… Maybe there is one or 2 price decreases if they were listed too high, You will notice that the list price differs from what Zillow or Redfin estimates are as the data points from those algorithms catch up in our changing market.

Steven Gary Real Estate is here to help you with your Real Estate needs here in San Jose, Silicon Valley and the Greater Bay Area. Please feel free to reach out any time at 408-644-3287. Or through my website at https://www.SiliconValleyHomesMLS.com. If you’re thinking of selling you should know your home value. https://www.siliconvalleyhomesmls.com…
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