Everyone wants to know how the market is performing, the Market Action Index (MAI) is the best indicator of that. If you are a seller you want to know how values are doing in your area and how strong of a market it is for sellers. Buyers, you are wondering about inventory, multiple offers, and how easy it is to buy a home. The Market Action Index will give you a relative number that will answer these two concerns. The higher the number the stronger the seller’s market. Currently in Santa Clara the MAI at 90 which is very high and indicative of the current market where inventory is low, prices are going up and there are lots of competing offers. If you are thinking of buying or selling sign up for our FREE MARKET reports that are generated weekly, so you can stay on top of the Market Action Index.
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