Lately, there has been a lot of activity in the media about the slowing market, the rise in housing inventory, the few number of new homes being built. They frequently mention the burst of the housing bubble that the country–and, in particular, the Bay Area–has enjoyed for several years.

This increased speculation on a slowing housing market has led many buyers to slow down. The other day, I was showing a property in the highly-coveted Seven Springs neighborhood of Cupertino to some buyers. They certainly expressed interest in the property but they also felt that–with the current market situation–they could hold off.

That same property sold within four days of the list date. This just goes to show that, if the house is right, it will sell quickly. There are still many eager buyers out there, and, with increased inventory, these buyers have realized now is the best time to buy!

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