survey of what's happenning in different markets

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I spent about 1hr researching what's happenning in other realty markets across California and the US by reading realtor blogs.

I read a lot of observations about how transaction volume is increasing. Anecdotically, what was often sited was that escrow officers are busy again.

This is exciting news, becuase it means we may have reached a bottom in pricing. I feel in west union city this has happenned. San Ramon is still declining, but it looks close to bottom. The properties tha are languishing are obviously over priced and the sellers need to realize they need to lower them to get them sold.

Comments

Davis Eco-Broker said…
Thanks for sharing... it's always helpful to know what's going on in other, nearby markets. It helps to serve as a barometer and is especially helpful when speaking with sellers. Keep up the good work.
Tuesday, February 03, 2009 11:22:00 PM
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