Today the Marin Independent Journal came out with the headlines: Top Story: Drop in Home Prices Bucks Regional Trend. And once more we’re back to interpreting misleading headlines:
John Rusting, a real estate instructor at College of Marin and certified appraiser in the East Bay, said it’s hard to put much stock in such statistics given Marin’s variety of micro markets and generally higher prices. Rusting said, “I sincerely doubt that home values in Ross are dropping, when you look at things countywide, for every 15 sales in Novato and one good sale in Ross or Kentfield, you average this out and it can be deceiving. Novato remains the hotbed for activity in Marin Real Estate. Rusting also said, “It’s holding overall numbers back as opposed to the East Bay where the median price is starting to creep up.”
For the whole article click on:
Marin Independent Journal Article December 18, 2009
Seal Sculpture off Bridgeway in Sausalito, California
1 response so far ↓
1 Guelp Real Estate Agent // Jan 8, 2010 at 12:07 pm
Here something is new to read and also some very good information…Please keep me updated as much as possible….
Guelp Real Estate Agent
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