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Bay Area sales to continue strong

January 7, 2021 By Geoffrey Disch Leave a Comment

Real Estate Growth

Real estate analysts expect demand – and sales – for Bay Area homes to remain strong throughout 2021. Demand is expected to increase as (hopefully) the pandemic winds down and prices are expected to rise as well although probably at less than the 5 percent rate predicted nationally.

Experts expect the outwork migration from major cities to continue as remote work becomes more commonplace. Interest rates are expected to remain around 3 percent for the foreseeable future.

Analysts are concerned over the Bay Area’s housing deficit as inventory remains low and new construction is limited by increased construction costs.

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Filed Under: Real Estate Tagged With: 2021 real estate

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“I’ve been in this industry for over 20 years. I have seen both fantastic and just “ok” escrow officers. The Escrow Officer and her team are typically the last stop for a borrower during the purchase or refinance transaction. You want that person and team to be personable, professional and helpful to your client. Kathy and her team at Green Escrow has surpassed my expectations. The team has gone the extra mile to ensure my file closed on time and without incident. I’m looking forward to continued success with Green Escrow.””
by Adina Erridge, Bay Equities Home Loans

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