Glen’s Latest East Bay Housing Statistics…”The Numbers”
That’s 6 straight months of inventory dropping and pending sale increases. This is the lowest inventory for the 38 Cities I track in the San Francisco East Bay since early 2005. We’re seeing buyers coming back into the market along with investors. For many of these cities, we’re experiencing a seller’s market again, including multiple offers and offers over asking. However, we’re still hearing that foreclosures are heading back into the market in the next 60 days. So this may be a short lived window.
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