Friday, April 09, 2010

Hello, again! We're here to give you the latest around the Marin real estate market! Figures through the end of Quarter 1 (3-31-10) show continued slight improvements in the market locally. While it is true that there are neighborhoods still going down, the overall numbers show an upward trend. Not like 2005 by any means, but up nevertheless. Sales have increased over this time a year ago, and, while prices lag well below those figures, they continue to show month to month increases, which is a good direction to have. In fact, believe it or don't, there have actually been a few multiple offers--not 10 or 15 offers, more like 2 or 3, but still multiples. What we are seeing in this slow rise is that things are very much locale by locale and house by house. However, coupled with the recent stock market increases and a slow start turnaround in job markets, this may mean we're past the bottom. Stay tuned.


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