Estate Agents, San Francisco, CAMarin Real Estate Market Trends
Historically, real estate enjoys a positive spurt in the spring. One potential dampening effect however could be the trend toward more stringent lending standards. Lawrence Yun, Chief Economist for the National Association of Realtors, said, “There are abnormally high levels of all-cash purchases due to unnecessarily tight credit.” It is important to get pre-qualified to take advantage of the deals available. There may never be a better time to buy.
The following chart is a graphic demonstration of the long-awaited turnaround in the market. Historically, this chart is a dramatic reminder of how stable Marin County home prices have remained, even during a series of recessions. The first major downturn in Average Price occured during the current recession. As you can see, however, both the sales and price trends have now turned in a positive direction.
Does this mean that the comeback is underway? At least, for now, I'd have to say - yes. New conditions could of course reverse this trend. But, it looks like the worst is over and recovery is underway.
Graph and content here provided by Steve Dickenson (Vice President/Marin Manager) of Alain Pinel Realtors
The following chart is a graphic demonstration of the long-awaited turnaround in the market. Historically, this chart is a dramatic reminder of how stable Marin County home prices have remained, even during a series of recessions. The first major downturn in Average Price occured during the current recession. As you can see, however, both the sales and price trends have now turned in a positive direction.
Does this mean that the comeback is underway? At least, for now, I'd have to say - yes. New conditions could of course reverse this trend. But, it looks like the worst is over and recovery is underway.
Graph and content here provided by Steve Dickenson (Vice President/Marin Manager) of Alain Pinel Realtors
Posted by GutekunstLomas2012 at 3/17/2011 8:17 AM 
Categories: Market Trends
Tags: marin homes for salemarin real estatemarin real estate for salemarin realtorsmark lomasmark danforth
Categories: Market Trends
Tags: marin homes for salemarin real estatemarin real estate for salemarin realtorsmark lomasmark danforth
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