BLOG - Marin Real Estate

A Bay Area Colleague posted a note on Trulia talking about the Bloomberg Article where it says that "The number of Americans signing contracts to buy previously owned homes unexpectly rose for a second month in October, providing a rate piece of good news for the housing industry."  

This is exactly what I have been seeing and saying for the past two months - I am in Marin, my current listings are in Novato, the north most town in Marin; Novato market trails slightly behind Southern Marin due to longer commute to the City. 

I have had veyr healty open houses during the past two months, and quite a few 'real' buyers came through my open houses with many parents, friends, cousins, etc looking for their kids, friends, cousins, etc.

I think people have been waiting for a long time and are ready to buy. I just put two houses in escrow, the agent next to me have three offers (and more coming) on his short sale property that's been on market for about 1 week at near market price, and another realtor in my Rotary club has 3 offers on her house after many months.

My take is that for Marin, the housing market outlook for next year is good.