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Selling Your Home in Today's Housing Market
The latest housing news is grim at best. With the downward trend of home prices, lenders tightening their grip and the the stock market going haywire, it's remarkable to some that there are any home sales at all. However, it has been stated again and again that at a time like this one of the more sound investments is still real estate. In the Bay area median prices for homes and condos dropped more than twelve percent in September compared to the year before. On the other side of things, the amount of homes that sold in San Francisco remained stable and saw an increase of nearly fifty percent, due to foreclosures. Marin real estate prices have remained steady in some areas, however median prices have dropped more than fifteen percent in the last year.
Some experts believe that presidential elect Barack Obama may be just what the housing market needs in order to see some improvement. Although they are not too optimistic about his immediate impact, they are confident that Obama will be much more aggressive when it comes to finding ways to stabilize the housing market. These are thought to include more tempting tax credits and loosening lending ... more

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