Strange Market

The share of listings with price cuts in Orinda, Moraga, and Lafayette has climbed to its highest level in recent years, an unmistakable signal that sellers in the East Bay are adjusting expectations.

Then again, it’s not exactly a buyer’s paradise. Mortgage rates remain stubbornly elevated, and new listings dropped to their lowest level since March.

The result is a strange market. Buyers have more negotiating power, but with shrinking new supply, prices are starting to rise again. 

Contact us today, we will give you our expert advice on how to approach this strange market, and what opportunities are out there despite all the uncertainty!