“In the Bay Area, the [California Association of Realtors] said sales volume was down 9.8 percent from last year, while the median price was $841,660, up 6.9 percent from $787,540 last July.”

Home sales still weak in California and throughout the country [sfgate]

One comment

  1. I’ve long stated that there is no shortage of capital waiting to buy homes in the bay area and that the market adjustments will be hard to see here through prices. But I would venture to bet that buyers on the whole got a lot more “finishes” for their money and that the number of stale-fish properties lagging is increasing.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s