Piedmont, CA (PRWEB) December 17, 2014
On December 5th, the National Association of Realtors® (NAR) posted a summary of the latest jobs report. With 321,000 new payroll jobs created in November and an overall wage increase of 2.2% from a year ago, experts expect a jump in home sales and commercial leasing activity in the coming year.
“Increased employment and higher salaries is great news for the economy,” commented Anian Tunney, Piedmont, CA real estate agent broker. “This is especially good for real estate because more people can increase their savings, improve their credit, and generally prepare themselves to either enter or move up in the market.”
Commercial real estate transactions should also increase as businesses grow out of their current accommodations.
“The real negative to the report is the lack of construction workers,” noted Tunney. As a job growth center, the San Francisco Bay Area is experiencing a housing shortage, in part because there are not enough contractors to keep up with the demand. “As a well-established area, there is not much room for new construction,” Tunney pointed out about her high-end portion of the area; however, “new construction regionally will continue to boost the economy for Piedmont specifically and the Bay Area as a whole.”
“New construction is selling, and I think younger home buyers tend to prefer it,” continued Tunney. “Older homes, such as in Piedmont, can intimidate buyers with their price tag as well as their tendency to need a little extra care and maintenance.”
Tunney makes a valid point, as many homes for sale in Piedmont, such as 6 King Avenue – offered at $4,200,000 – date back to the 1920s. No matter what, those houses will need something replaced before a home built in this decade.
Anian Tunney is an agent broker with The Grubb Company. According to statistics collected by East Bay Regional Data, Inc., she was the 2013 number one real estate agent in Piedmont, CA for the number of units sold and sales volume. Additionally, Tunney is number one in yearly real estate sales for The Grubb Company’s Piedmont, office and number two company wide. 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.