If you are shopping for a Walnut Creek home you may have noticed that there isn’t much to pick from right now. Sellers are enjoying this temporary sellers market that is letting them command a premium for Walnut Creek homes.
Here are the stats -
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Distressed sales are also down significantly. Bank Owned Properties are down 60% and short-sales are down 40% from a year ago.
As you can see that is quite a difference. Many would be home-buyers are finding themselves unable to find a property that fits their needs and doesn’t have several offers already on the table. This is especially true in the lower end.