Let's Talk, with Declan Spring

#30 Aman Daro - Real Estate Market Update

March 03, 2023 Declan Spring
Let's Talk, with Declan Spring
#30 Aman Daro - Real Estate Market Update
Show Notes

Aman Daro has become a regular on the podcast, and with good reason. If you've ever received statistical charts from me or any Red Oak Realty agent showing aspects of the real estate market in the East Bay most likely they were conceived of and compiled by Aman Daro.  Aman Daro is COO at Red Oak Realty but is more fondly thought of as "the data guy".

Has the real estate market started to recover?... Well, it's complicated...

In this conversation with Aman we talk all about the 2022 real estate market and how it played out since our last conversation in September 2022. Aman walks us through some of the key data points from the last quarter of 2022 and for the year so far, and offers possible scenarios for what we can expect between now and the end of spring.  We talk about inflation and mortgage rates and how the unnerving rise of each coincided with the beginning of summer 2022, marking the beginning of a distinct market downturn.  We also talk about Chat GPT.

I encourage you to listen to episode #5 of the podcast, my first conversation with Aman, to better understand his mission at Red Oak Realty and his approach to tracking data and uncovering market trends.

Aman Daro is CA licensed real estate agent DRE##1350412