The local real estate market is changing. The start of 2022 continued the strong upwards trend of increasing home prices in Silicon Valley. The low interest rates coupled with a strong stock market provided opportunity for many new home buyers to enter the market. We saw crazy multiple-offer situations push home sale prices to historic numbers. Now the real estate market is changing.
Home sale prices are stabilizing. We're seeing far less multiple-offer situations than the previous year. Homes are receiving fewer total offers or no offers at all. Homes are taking longer to sell and there are more homes for sale. Strong contract negotiation skills are important in order to net you the best terms.
We've returned to a skill-based market. Experience matters in this changing real estate market. Gone are the days of non-contingent, as-is home sales. Understand what you're signing and develop a strategy with experienced agents.
Who you choose to work with matters. Consider local experts Jonathan Klotz and Howard Bloom of INTERO when choosing who to work with for the sale of your home. Jonathan and Howard have the experience, skills and contacts to help net top dollar for the sale of your property. Together, Howard (38 yrs. exp.) and Jonathan (9 yrs. exp.) have 47 years combined experience selling local real estate with 2,000+ homes sold!
If you're ready to sell your home, the first step is to contact Jonathan (408)504-2484
