Published April 30, 2025

April 2025

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Written by Guy Blume

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HEADS UP we've got a major turn of events to report this month. In April we had 43 new listings for single family homes and duets come on market. That is more than DOUBLE the inventory we saw from the prior month in March which only brought 21 new listings to market. This is significant because the year over year numbers are sliding down as well as the month over month numbers in terms of sale price and volume. More inventory will spread out the number of buyers since interest rates are expected to remain near current levels. Why are so many homeowners selling their house at this time? They have been waiting a long time to sell already or they are pessimistic about the near future and feel it's time to get out. The good news is that inflation and job news is encouraging while stock futures inch lower after the S&P 500 notches its best winning streak in 20 years.

 

On the other hand, some economists are recommending people should save their cash for the next crash. In volatile times such as these you need an advisor you can trust. Keller Williams Advisors and the Guy Blume Group can help you put your property in a Family Trust and avoid Probate should unexpected events happen. We can advise of your options which might make you think twice about staying or selling depending on your unique situation. We WILL advise you to expose your house to the greater market to get the highest offer and not use gimmicks like "private exclusives" or "secret sales". We do kindly ask for the opportunity to explain how not to overpay for broker fees while receiving less value. Call us today for a free no obligation home valuation at 510-846-4687.

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