Home Prices Stable

A new article from the Mercury News emphasizes that Bay Area home prices should be stable in 2012. With such low interest rates and home prices bottomed out, now is the time for buyers to make their move.

On that topic, it is essential to have a skilled agent on your side– as a buyer, there is low inventory and a lot of competition for properties right now. There are also many investors flooding the market looking for deals on homes they will hold as investment properties. In many cases, investors are making all cash offers which for a seller is an extremely attractive option. For these reasons, you need someone to represent you who can make your offer look as attractive as possible to a seller, and who can negotiate the best terms for your deal.

Similarly, as a seller you need an agent who will use effective marketing and negotiation strategies to garner the best possible price and terms for your sale. In today’s market, the inventory is low enough and there are enough potential buyers flooding the market that a skilled agent should be able to get you multiple offers on your property.

Contact the Tse Group to learn more about our approach to marketing and negotiation in real estate transactions.