THE SECOND STORY | August 30th, 2018

Ch-ch-changes in the real estate market?

There seem to be some changes/shifts, in the real-estate market. Inventory is increasing (not very dramatic but it is happening) all over the US.

I believe it was a Zillow article that I was reading this week and 12% of the existing listings had price decreases, in order to get ‘buyers’ to show up with their agents at the front door of a listing. The National Association of Realtors says basically the same thing.

Alameda is no different.

This week I wrote to a client “You were able to ride the wave and kick out of it nearly at the top. You may be able to paddle into a wave that won’t be so big, with lower prices rolling in. With some foresight and with the hindsight, this market should work perfectly for you and your family.”

(Somehow I can’t get my photos from my phone to upload to my gmail and then post them to my blog! I’ll deal with that tomorrow!)

Alameda Real Estate this Week

Broker Tour Tues 11

New 12

Price Change 3

Total Active 47

Total Pending 45

Sold  10 

Let me know if you have questions about this market….it’s a bit wacky out there right now. It’s not just A-town. Maybe a shift for the market is in the prevailing winds!

Have a great weekend! best, marilyn

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Marilyn

I arrived in Alameda in 1973, as a new bride...with husband Carl Schumacher, both of us from Newport Beach. He was embarking on his career as a Naval Architect (i.e. yacht designer) under Gary Mull. Please see the 'ABOUT ME' page in this website! www.MarilynSchumacher.com to see how it has all turned out! I'm so blessed!