This week I’m going to try and focus on the push/pull of opinions regarding the price rises we are seeing. Namely, are they good or bad , whether long term or short term, and perhaps most importantly, are they an indication that the real estate market is getting healthy or is this just another bubble waiting to pop.
If you read this blog on any regular basis, you know that I try and take a cautious approach. The mini-frenzy we’re seeing is unsettling for a lot of buyers, heavenly for some sellers, and irrational for me. If the domestic jobs outlook were steadily improving and the economy were growing I’d be beating a loud drum along with all the others. But we haven’t seen any serious growth outside our own Marin County world. Can Marin buck the trend and have a housing economy that ignores what happens outside its borders? No, never, as we saw when our own foreclosure rates began to rise. Or is Marin ahead of the curve, a harbinger of better times for the economy as a whole?
Back to those 5 Reasons to Buy…Select the link and read the attached article from the folks at KCM. Whether you agree with the opinion, there’s some pretty compelling reasons to think hard about what they’re saying: 5 Reasons to Buy Now
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