Positive News!
Also known as GOOD NEWS! Also known as something to be happy about! In figures announced yesterday (10-21-10), home values in Marin County showed major positive moves, both against the prior month figures and compared to a year ago. For September 30, 2010, homes in Marin showed an average increase in value compared to a year ago of 4%. The median price is $765,000 for the county, up from last year's $734,500 figure. The latest values also show an increase from August 2010, when the median price was $725,000. Do these mean that the housing crisis is over? No, but they definitely indicate a returning enthusiasm from buyers, and that benefits everyone.
Stay tuned.