Friday, April 16, 2010

Some more good news this week--home prices are continuing to rise, albeit slowly. In numbers just released yesterday, the average and median for Marin were up again. Although mortgage rates have climbed over 5% for 30 yr fixed money, they still are remarkably low, below 5.5%. With the homebuyer tax credits (fed) still available through 4-30 (close by 5-31), and the California one due to start 5-1, there are still some very good reasons to buy, or, if you already own, to sell if you've been debating that issue.

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