As in most of the Bay Area, first quarter housing market activity in Marin remained challenging, leading to fewer overall sales compared to last year. However, most of the decline in sales came from homes priced above $3 million, while lower priced homes fared relatively better than in most of the other Bay Area regions.
Read MoreWhile 2018 home sales activity in Marin County generally maintained a steady momentum, the pace of sales slowed in the fourth quarter, with most price ranges posting fewer transactions than at the same time last year. However, sales of homes priced between $2 million and $3 million posted a solid gain compared with the fourth quarter of last year.
Read MoreThird-quarter housing market activity in Marin County struck a new balance between buyers and sellers following a period of strong buyer competition and depleted inventories. Sales of homes priced below $1 million slowed notably, as budget-conscious buyers faced higher mortgage rates and a shortage of homes for sale. As a result, sellers were more likely to reduce their initial asking prices than at the same time last year.
Read MoreA lack of homes for sale continued to drive Golden State prices in June, with the nine-county Bay Area posting double-digit percent annual appreciation for the 12th straight month.
Read MoreSecond-quarter home sales activity in Marin County mostly reflected typical trends observed in the previous few years. Nevertheless, sales of homes priced higher than $3 million started off slightly slower before catching up toward the end of the quarter. The strongest demand was for homes priced between $1 million and $3 million.
Read MoreAmerica has been disrupted, to say the least. But for a state that is a cradle of disruption, the only thing Californians can do is embrace the challenge. With Donald Trump elected the next President of the United States, the ensuing years will be something of a conundrum, and the future depends on how many of Trump’s campaign stances become actual policies.
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