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10-15% doesn’t seem unlikely for the entire west coast. California to Washington. Brentwood is currently at -12.8% YOY. Seattle is -6.6%. Offer 2-3% lower than asking to insulate yourself a bit. I don’t care what the real estate agents say. I’ll make my low offers and save 30-50k. We’ll write 20 offers if that’s what it takes. One got accepted this week. I was shocked. Now I gotta buy it. 😂
Thanks EA1.
Mentor
Are you moving from outside of So Cal? Brentwood is one of the most expensive neighborhoods in LA. Super close to Santa Monica and a reasonable commute to downtown and South Bay. Getting to the valley is a bit longer and going to OC would be over an hour in traffic.
Sorry should have clarified. It's Brentwood in east bay near San Francisco
I used to live in the area and still live close by now. It's a pretty nice area, your commute will not be that great ( assuming you might have to travel to Oakland/ SF) . There's not much to do out in that area as it's mainly suburbs but if you don't have to deal with commuting too much or the summer heat then you can probably snag a larger house on the cheaper side.