According to a recent report the Bay Area’s housing marketing reached the highest level of sales in nearly seven years.
Realtor’s president, Errol Samuelson said, “You’re seeing the marketing start to stabilize, which is a really good thing”. While sellers are benefiting from the large yearly gain in sales prices, buyers are finding it easier to move into the market. David Chung, a recent home buyer in Walnut Creek said,”We timed it well… These are incredibly low rates. I couldn’t be happier”. Furthermore, Kevin Kieffer with Keller Williams in Danville states, “There’s enough owner-occupy buyers coming in to fill the gap, and they’re getting a better price”.
Carey, Pete. Bay Area Home Sales Hit Seven-Year High. San Jose Mercury News. 15 Aug. 2013. Web. 26 Aug. 2013. http://www.mercurynews.com/business/ci_23869987/bay-area-home-sales-hit-seven-year-high>.