Piedmont and Oakland Homes Sale Prices Are Trending Up
Posted by Bruce Wagg on
In a very recent survey by DataQuick, it was revealed that current 2014 home prices in most cities in the East Bay were trending upwards compared to the same point in time in 2013.
While there are many causes, many of them seasonal, and some reflecting both national and local financial issues, there is no doubt that there has been a change. Most real estate professionals have seen it as well. Homes that have been placed on the market at a competitive price, have been receiving many, many offers, and the final sales prices have been driven upwards as a result.
There one major reason for this change, and that is the dramatic lack of housing stock. There simply are not enough homes on the market to accommodate this season's home buyers. Many…
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