Bay Area Real Estate Market Snapshot

Looking to buy or sell a home in the Bay Area? Click here to perform a full home search, or if you're thinking of selling your home, click here for a Free Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (925) 838-4300 to answer any of your real estate questions.
Here at the McDaniel Callahan Team, we're excited to introduce our new video blog! Every two weeks, we'll be coming to you with short videos packed with relevant content to keep you informed and answer all your real estate questions.
Today, we're going to take a look at market conditions in our area. Right now, we are in a strong seller's market. Home prices are going up and we have a lot of desirable inventory on the market. We've seen people overbidding to the point where some homes have sold for hundreds of thousands of dollars over the list price. There have also been all-cash and non-contingent offers, which are beneficial to sellers.
Despite this flurry of activity in favor of sellers, we're starting to see the market shift. Lately, we've seen some homeowners accepting contingent offers, and the multiple-offer situations aren't driving value much higher than the original asking price.
Based on this information, we have a few suggestions for you. If you are thinking of selling, you need to sell now, while the market is still in your favor. As rates rise, we'll see fewer quality buyers out there - take advantage of current conditions for the best outcome.
For buyers, it's best to hold off for a bit. Wait and see what the Fed does in November. If rates stay low, it's best to wait until prices start falling - you don't want to buy at the top of the market.
We want to make your real estate experience as profitable as possible. If you have any specific real estate questions you'd like us to answer in future videos, give us a call or shoot us an email. We want to provide you with valuable information so you can make informed decisions when buying or selling a home in the Bay Area!

About Greg

With over 70 years real estate experience between the three partners, McDaniel Callahan TEAM has helped over 1800 families buy or sell a Bay area home. That level of experience means McDaniel Callahan can sell your Bay area home for more money in less time, and help you find your dream home at the best price and terms.

Featuring a strong administrative team that handles all the critical details of every transaction, and availability of all three partners to each client, McDaniel Callahan can make your move a stress-free experience.

McDaniel Callahan TEAM

144 Irongate Court.
Alamo, CA 94507

925-838-4300
TEAM@mcdanielcallahan.com

McDaniel Callahan Testimonials

Click to hear recent
testimonials from happy clients

Larry - "I had such a nightmare situation when I met Greg, I was in a divorce and upside down on a short sale so he not only had to get signatures from me, but from my ex-wife as well. It was twice the work but he was as sharp as a tack and did everything he said he was going to do. We had a plethora of problems that don’t occur in a normal transaction but he just dealt with every aspect of it. I’m definitely going to use him in the future, I’d never go anywhere else."

Chris - "Everyone that helped me through the process was very professional and I was very happy with the results. They made sure that all the paperwork on the other side was sorted out and taken care of so there wasn’t a delay because the their real estate agent wasn’t necessarily was well versed in the process as the McDaniel Callahan Team. "

Todd - "When we started our search, we were a little particular about the house that was were looking for. We probably worked with them for a little over 6 months and then came across a house that we really wanted to look at. We called and one of the agents, Chris, was able to not only show us the home, but we were able to put an offer in that was accepted. Then we were able to move into our dream home!"

Phil - "We worked with Chris Callahan and was very happy with his work. He was very responsive and did a great job of finding properties. He was exceptional at listening to what we were looking for and finding us those types of properties to look at. We hadn’t had that experience from previous agents we’ve work with so we were very appreciative of that. We enjoyed working with him and we’ll do it again. "

Jim - "The results that we got when we worked with the McDaniel Callahan Group was absolutely wonderful, it couldn’t have been better! They were pleasant people to work with, everything was on time, and it sold pretty much right away. Everything worked like clockwork from securing the buyer, the negotiations, and the way they treated me. I have to tell you, over my time I’ve bought and sold around 10 to 12 houses and the McDaniel Callahan Group outshone other Realtors I had worked with in the past by a lot."

Roger -"I got the property that I wanted. They were at disposal to answer questions, help me investigate various properties, and they endured my timing. I dealt primarily with Chris Callahan. He was always available whenever I needed him. He was very responsive!"

What Our Happy Bay Area Clients Have to Say

"We had a wonderful experience using The McDaniel Callahan team as our realtor. Greg was patient with us and worked around our schedules as we were in search of our new home. They also helped us sell our current home extremely fast. It was pending 2 days after the open house! They were extremely knowledgeable about the market as well as the areas we were interested in. We couldn’t be happier with the home that we found! Thank you to the McDaniel Callahan team!"

We had been trying to buy a home in the highly competitive Danville real estate market for quite some time. When we finally found the home for us, it was The McDaniel Callahan TEAM who got us through an extremely complicated and challenging short sale process. We ended up with a great house on the Westside of Danville and could not be happier. We are very thankful for Greg and his team’s professionalism, knowledge, and perseverance as we truly would not have the wonderful house we have today without it. Additionally, this team continues to help us after the sale by providing us with valuable references to great contractors as we prepare the home for moving day

Click here to read even more testimonials