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Anian Tunney, Piedmont CA Real Estate Agent Broker Associate: 2017 California Housing Market Predictions

Anian discusses what the California Association of Realtors says about the 2017 real estate market

Because California’s economy continues to outperform the rest of the country, the California Association of Realtors predicts that the 2017 real estate market will continue to see modest gains.

This is following a slightly down market in 2016, in terms of number of units sold, which is due to continued low inventory and price increases sending many buyers to more affordable areas. However the median price is expected to increase to an expected $503,900 by the end of 2016.

As for 2017, number of units sold is expected to post a modest increase of 1.4 percent, as well as a 4.3 percent increase in the median home price to $525,600.

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Some of the more affordable areas, such as the Inland Empire and the Central Valley will see more units sold than the higher priced San Francisco Bay Area and other urban coastal centers. The Bay Area median home price is expected to increase by more than 6 percent in 2016 and 2017, bringing the median price to $833,600 in 2017. The downside to this is that salaries do not keep pace with the increased real estate prices and so the percentage of Californians who can afford to buy a home is down to 29 percent.

About Anian Tunney

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Anian Tunney is an agent broker with The Grubb Company. According to statistics collected by East Bay Regional Data, Inc., she was the 2014 number one real estate agent in Piedmont, CA for the number of units sold and sales volume. In 2014 she was The Grubb Company company-wide top producer. Additionally, Tunney has been number 1 in yearly real estate sales for The Grubb Company’s Piedmont office for the last 8 years. Anian was also ranked 129th in the Nation by REAL Trends the Thousand in July 2015. She is known for her knowledge, experience, and network in the Piedmont community; qualities which are invaluable for finding that special home or buyers for her clients.

A fifth generation Piedmont resident, Tunney has been with the Grubb Company for over 30 years. She raised her family of four in Piedmont and is active in community projects such as the Piedmont Beautification Foundation, the East Bay Museum Auxiliary, and the Piedmont school district. Her grandmother, Amy Sutton, was a real estate agent, and now Anian works with her daughter Adrienne Krumins, making Piedmont Realty truly a family vocation. Tunney negotiates with grace and clarity of purpose. She can be contacted at 510-339-0400 ext 217, and at tunney(at)grubbco(dot)com. Her website is aniantunney.com.

Anian's current listings include 117 Sheridan Avenue, Piedmont, and 395 Hampton Road, Piedmont.

Contact Information

Anian Tunney
The Grubb Company Real Estate Brokers
Oakland, CA 94611
510-339-0400 ext 217
tunney(at)grubbco(dot)com
aniantunney.com
aniantunney.com/blog

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