Chris Segovia's Blog - Archives March, 2007

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Home : Blogs : Chris Segovia : Chris Segovia's Blog : Archives March, 2007

"Local Market Percolating" - 03/30/07 02:02 AM

Local Market Percolating According to the statistics, Monterey County is in a raging buyers' market. In reality, not quite! Although there is a lot of interest and pent-up demand and buyers making offers, sellers aren't budging much from their asking prices. Consequently, few deals are being struck, and, of those that are, a very high percentage are falling out of escrow. Title companies on the Peninsula are guesstimating that 30-50% are falling through. With that in mind, please take these numbers with a grain of salt. These numbers reflect general trends and have little bearing on any particular home in any … (0 comments)

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Chris Segovia

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