MORE GOOD NEWS FOR BUYERS!
Yesterday (12-29-09) the monthly Case-Shiller report came out. It continues to show a slight improvement in the housing market--both nationally and locally. Discussing housing prices, it noted continuing slight increases in average sale prices in most of the nation. Of particular note for local buyers, the increases were most pronounced in two metropolitan areas: San Francisco and Phoenix. For all of you folks trying to decide whether this is a good time to jump into the Marin housing market, the answer is yes. Given the upward trend in values, coupled with the lowest interest rates in a few years (thirty year fixed below 5%), the opportunity is an excellent one whether you are looking for a home to live in, or just looking at investment property. Even with the upward price move, actual prices are still dramatically below their level of just 1-2 years ago. What more could you want? Low prices and lower interest rates! Give us a call: (415) 380-2133; or email us at: pjrichmond@pacunion.com .