The June market reflected continued strong demand and low inventory. However, signs are there that the market is shifting/turning, with a lot of negative numbers in year-over-year comparisons. This could be good news for buyers but inventory will have to rise in the entry-level sector for first-time buyers to really Read More
Marin County
Marin County Real Estate Market Report – May 2019
The best job market in five years and very low interest rates are both contributing to the stabilization of home and condominium sales prices in Marin. Marin’s single family home and condominium median sales prices are down just slightly from a year ago. Days on market has risen dramatically for Read More
Marin County Real Estate Market Report – October 2018
SF Unicorn IPOs Five San Francisco-based tech “unicorns” are planning on going public in 2019 Uber, Airbnb, Stripe, Pinterest, and Lyft Once they have their IPOs, their employees will likely take their cash windfalls and purchase homes in and around San Francisco, driving sales prices even higher The Beige Book Read More
Marin County Real Estate Market Report – September 2018
Conference Board is sounding a cautionary tone in its economic forecast: “Less support from monetary and fiscal policy, and a weaker global economy will gradually slow the economy to below 2.5 percent growth by the end of 2019. Already, higher interest rates along with labor shortages in construction, and higher Read More
Marin County Real Estate Market Report – July 2018
Two economic conditions currently in the U.S. may impact the Bay Area housing market. The first is the mounting trade wars with China, Europe, Mexico and Canada. The second is the rising interest rates (2 more are planned by the Federal Reserve Bank but with inflation rising there is talk Read More