Carol Carnevale • DRE# 00946687 • 650.465.5958
Nicole Aron • DRE# 00952657 • 650.740.7954
The Mercury News reported another alarming national housing trend: Stubborn Housing Crisis Lingers.
While other areas of the nation are experiencing decline in values and lingering inventory, local real estate markets are thriving. Consider these statistics from two of our Peninsula cities, Palo Alto and Menlo Park.
(Data from the Multiple Listing Service)
As demonstrated above, our market remains healthy. The crisis we are experiencing, particularly in Palo Alto, is a shortage of homes to sell and to rent. Buyers are snapping up well-priced and presented homes with pre-emptive offers or competing in multiple offers.
This is an excellent time to consider selling your home, and while interest rates remain low, also an excellent time to purchase.
Please do not hesitate to contact us for an opinion of value for your home, or for guidance for your real estate purchase.