The Marin Housing Market Accelerates Moving into Spring
The factors at play include a rebound in repressed buyer demand, the low inventory of homes for sale, the significant drop in interest rates since autumn, a surge in consumer confidence, financial markets hitting all-time highs, and a growing confidence that the Bay Area is going to be the center of the next big technology boom (Al).
The strengthening of the market is illustrated across a range of indicators included in this report, indicators that will almost certainly continue to improve in coming months. Spring is typically the most heated selling season of the year.
For the entire report: Marin Real Estate Report March 2024