We hope you had an incredible holiday season with family and friends. A highlight for me was having both my grown children home and celebrating Christmas with our family! Whether it was walking the Reservoir and bumping into other families and reconnecting or laughing at all the memories in the Johhny’s Donuts line, it was such a great reminder that being part of a true community is rare and wonderful. It is a big reason why generation after generation of residents choose to live and stay in Lamorinda.
If you are considering making a move in 202, here are four tips for getting started:
- Define your big-picture goals
- Understand your financial objectives
- Call the Dana Green Team
- Together, we will outline the steps needed to achieve your goals
While you are busy getting started on the above items, we will continue to closely monitor the real estate market and the below four economic indicators that guide our advice to you:
- Mortgage rates
- The number of home sales
- Inventory levels
- Home prices
Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won't change much while mortgage interest rates will continue to lower. Only time will tell if this is accurate, but it aligns with what we are seeing in the Lamorinda marketplace today. Low inventory, and a lack of supply, appear to be keeping our prices steady, but nowhere near the 2022 peak.
If you live in the “Land of Reason” (fair), you too should find success as both a buyer and a seller in 2024. We can’t wait to be part of your journey this year.