September 2023 National Market Update

The latest numbers are out!! According to Redfin News, U.S. Home prices are up 3% year over year despite relatively slow demand. Hi, I am Krista Mashore with eXp Realty. So, what gives? The answer, supply and demand. The median U.S. home price has risen 3% year over year during the four weeks ending August 6th. This has been the biggest increase since November 2022! Although some buyers have been sidelined due to higher mortgage rates, low housing inventory is pushing prices up, with more house hunters than homes for sale. Nationally, the month of supply or absorption rate is at 2.7 months, indicating it's still a seller's market. Homes that sold were on the market for a median of 28 days with 43.6% going under contract within the first two weeks on the market. If you are planning on selling, reach out to my team and I so we can get your house on the market and in front of those buyers, let us guide you through this important decision.

In 2018 Krista Mashore sold over 22 Million dollars worth of Real Estate and is named in the Wall Street Journal within the Top 100 Agents Nationwide. Please see the article at The Wall Street Journal. To see Krista's local recognition check out this link featured in the Brentwood Press.

Kristas expertise and professionalism is revealed not only in the 14 years in Real Estate but also by being within the top 1% of all Realtors in Contra Costa County continuously since 2002.

Krista posses a Master's Degree in Education, previously employed as a School Teacher. Her excellence derives from her outstanding communication, skills, expertise in marketing, and her optimistic attitude towards life in general. Pristine Customer Service to her clients is a top priority. Krista has a natural ability for developing trust by her client base.

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