Timing real estate markets is tricky business. When someone asks "Should I sell now, or wait until the Spring?", the answer is always "it depends". It depends on the economy, interest rates, consumer confidence, inventory levels, demand for housing, potential changes to tax law, war in the middle east, etc etc etc. I don't see interest rates changing dramatically given the weakness in the job market. We may see a surge in inventory in the Spring, or a drop off in demand if consumer confidence erodes, or we could see the market take off if the economy starts improving rapidly.
In reality, personal considerations have a lot of impact on when to sell, as they should.
If home prices go up, you would be smart to wait to sell. If home prices remain flat or decline, you would be wise to sell now. Which scenario will occur? If I was smart enough to know for sure I can guarantee you I wouldn't be answering questions on Trulia. I'd be retired in Hawaii.
Good luck with the decision!
The 680 Group at Alain Pinel Realtors
Alain Pine Realtors
(925) 463-2000... more
I do believe that Shadow Hills is zip code 94526. We have two homes in escrow in Shadow HIlls, both closing in early May. The market is good. At our newest listing we had over 70 agents attend and the open houses were non-stop traffic. Pricing it right is crucial. You can get a detailed market report on Danville that will break it all down by zip code at the link below... more