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House the Market?​

To stay in the city, or not to stay in the city?

5/29/2020

 
With big companies like Facebook, Twitter, and Shopify setting the trend for employees to work from home forever-ish, potential home buyers are wondering why they're living in a pricey city to be close to work when work is actually just their dining table most days anyway. 

This may explain why the Oakland market is recovering much faster than in San Francisco or San Jose. Move-in ready homes in Oakland are selling in 5-10 days with multiple offers. There are fewer homes on the market, but almost as many people searching as there were pre-pandemic.

The more suburban cities like Berkeley or Walnut Creek will likely see an increase in buyers too as remote work becomes the norm. I mean hey, if your money could get you a bigger house with an actual yard and your only trade-off is having a longer commute where you cry in the car two days out of the week instead of five, then I say why not?

    Michaela To

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MICHAELA TO
510.266.2802
mto@MichaelaTo.com
6211 La Salle Ave. Oakland, CA 94611
DRE# 01883913
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  • Home
  • About
  • Buyers
    • Search Homes
    • Buyer's Guide
    • Mortgage Calculator
    • Schools
  • Sellers
    • What's Your Home Worth?
    • Seller's Guide
    • Compass Concierge
  • Reviews
  • Market Data
  • Blog
  • Contact