Marin Real Estate

CNN Money came up with their housing predictions for 2013 (select the link below). Their opinion: A slow and gradual shift is under way. But is that shift good or bad for the market as a whole? While it appears true that there is pressure to keep prices moving upwards, is that really a sign that the market will experience long-term health? I don’t believe that’s enough. I’ve long been of the opinion that the exuberance we’ve been experiencing is a knee-jerk, herd mentality type of reaction, not based on any real economic health. What we really need to see along with rising prices and multiple offers are jobs; lots of them. It’s only when more people enter the house market that we’ll see any real sustained growth.

CNN Money’s Housing Predictions