Marching Along.....

The first 2 months of the year were highlighted by torrential rain which help fill our tanks and made everyone head for the mountains, but it didn't seem to dampen the real estate activity in Marin. The first two months of the year are typically fairly slow and  yet  buyers  have started to take their hands out of their pockets and moving on buying a home in the most desirable county in the Bay Area. Yes, prices are down by 20% in some areas and yet so are interest rates - as low as they've been in many years. Yes, the country is still trying to pull out of its recession and stop the rising unemployment and yet there is money out there and no matter what the market conditions are, some  people just  have to move.

We have 29% of our 853 homes in escrow. That means approximately only 573 homes to choose from. 217 homes have sold already this year. These numbers are record strong and indicative of a trend of increasing activity in selling and buying. We just had a wonderful home in Tiburon that we dressed up and marketed the heck out of  and sold it in a week with multiple offers  and almost 100k over asking. That's a happy seller and a thrilled buyer who moved into a great neighborhood to enhance their quality of life. That's what selling and buying should be!