The Brewing Network’s Spring Brews Festival returns to Todos Santos Plaza in Concord to celebrate its 12th year as one of the best craft beer festivals in the Bay Area! Get ready to get outside for a great day in the park with a lineup of the best craft beer in California.
Everyone is leaving the Bay Area...so why don't we have more inventory?
We all have a friend, family member or neighbor that moved away for one reason or another. We often hear about the mass exodus but then why do we still have such a shortage of housing inventory?
1. Not enough new construction to keep up with housing demand
2. People are still migrating to CA
3. The mass exodus isn't as MASS as we think.
4. Those who are staying are staying put in their homes.
The housing inventory shortage is not mitigated by the less than 2% of the population (Contra Costa & Solano County) moving away. We simply just don't have enough inventory. The market has adjusted with the higher rates & we are seeing some semblance of a balanced market, however supply and demand in the Bay is still a factor. We have to look at local data & trends to truly understand our Real Estate Market!
Want to know more...we love to chat about Real Estate 😉.
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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