Why is Bay Area Housing Inventory So Low?

Описание: Housing inventory in the Bay Area is incredibly low and continuing to decline. Why is inventory so low in Bay Area real estate?

There is a Bay Area housing shortage and the pandemic has played a role, but so have other factors that aren't always factored in. In this Bay Area real estate market update video, I explore some of those factors, such as high capital gains tax bills that sellers face resulting from the exploding appreciation.

I also explore a strategy that some sellers are deploying to take advantage of the 1031 exchange benefits on their primary residence by converting it into an investment property by renting it out.

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📽 Useful Video Resources 📽
Complete Buying Process - https://tinyurl.com/3y6x4tfn
Complete Selling Process - https://tinyurl.com/5ckbc6zm
Market Reports Playlist - https://tinyurl.com/53t6cwvs

✔️ Other Great Resources ✔️
Power Seller's Guide - https://tinyurl.com/2xkjrvsd
How to Win in a Seller's Market - https://tinyurl.com/5eb3843f

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Sean Engmann is a Realtor serving the Bay Area housing market and specializing the San Mateo County Coastside, San Francisco and the North Peninsula.

He holds an MBA and Lean Six Sigma Black Belt certification. He is also certified as a real estate negotiation expert (RENE) and a first-time buyer specialist.

Sean brings decades of business and high level negotiation experience to every transaction, is an excellent problem solver and is dedicated to helping his clients achieve all of their real estate goals.

Every month he publishes a new Bay Area market report video and regularly produces detailed videos on the buying process, the selling process, market insights and tips and tricks for buyers and sellers.