Firstly, let me be clear, there will be no market implosion in 2016. However, we cannot and should not ignore economic cues that may threaten to make the top of the bell curve a narrow one. Which side of the bell curve will sellers be on?
There has been a plethora of bad employment news in the Bay Area in recent months. There have been several layoffs. Some have been very public but many have happened under the radar. Where we haven’t seen layoffs, hiring has slowed or stopped alltogether.
Combine this with a weak energy sector and a very unstable stock market, to name a few. Let’s add slowing prices, fewer offers, and longer days on market for listed homes and you’re probably asking yourself if now is the right time to sell your home for maximum financial gain.