As of last evening, the gorgeous newly constructed home in Larkspur listed for 2.55 had two offers. Although that is above most price ranges, it is good news for everyone, in my opinion, even buyers. Buyers are concerned about the economy and the market in general. If we see sales in the higher price ranges it will mean that those who can purchase new homes, cars, and hire designers, contractors, landscapers, etc. are feeling more confidence in the economy.
There are good deals in every price range now. This may not be the bottom of the market, it may just be the busy spring season. But it really is good to see this kind of activity.