Click on the chart below for the story of what we’re seeing in the real estate market in Marin this summer:

The lower-priced homes are selling like hotcakes.   As first-time buyers scramble to qualify for the $8,000 tax credit, and investors snap up the ‘steals’ out there, it’s becoming increasingly difficult to find a really low-priced home.  

The INTERESTING difference from just a couple of months ago is this:   the percentage of $1,000,000 to $1,500,000 homes in contract is up by several percentage points.   We’re moving back toward a balanced market in that category.   Higher end homes, however, are still not moving.