marin real estate market update: Marin County Short-Term Market Forcast
- 09/05/09 11:28 AM
Short Term Outlook : In the last 44 years, there have been only two years (excluding 2008 & 2009) when average home prices in Marin County have decreased from one year to the next: -1.2% in 1991 and -1.4% in 1992-- after the S&L crisis. In 2008, Marin County average home prices fell -12.7%. Southern Marin prices dropped only -3.3%. This correction in home prices gained speed in 2009 . Marin County average home prices are currently down -21.4%; Southern Marin prices are down -14.2%. This has more to do with the dearth of high end home sales than anything else. … (0 comments)
Short Term Outlook :
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