Traditionally January is not a month realtors like to list properties. Normally sellers and buyers are recovering from the holidays. For a seller listing in January means that you are busy getting  your home ready during an already demanding time of the year. However this upcoming January might be different. Stagers seem to have a lot of business booked for January. This means listings will hit the market early this year. Sellers have been holding back hoping that the market will swing in their favor. Sellers are waiting for lower inventory and therefore less competition. Of course there are areas like Palo Alto with hardly anything on the market now and January would be a great opportunity to list when others are waiting for the traditional spring frenzy to start. How will buyers react to the increase in inventory early on? I think they will be ready. Interest rates are still very low and people are still moving to our beautiful Bay Area.  Overall values are holding on the Peninsula. The first brokers’ tour is scheduled for January 8th. It will be interesting to see if we will have more properties on tour than in previous years.

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