Marin Real Estate Market - 2019 Trends

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Market Trends
Markets

Over the past several years overall Marin County was a sellers market. This was due to low supply and a high demand.

In 2019, the trend has changed in that more inventory arrived on the market which translated to a more "balanced" market for both buyers and sellers. But it has continually been active; and homes that show well and staged are selling quickly, and many with multiple offers.

Pay Attention to Interest Rates

It certainly is no secret that obtaining a lower interest rate for a mortgage typically allows for a lower payment. Naturally then, low interest rates make home-buying an attractive venture—and, even whispers of a rate hike can spur folks to get out into the market.

 The Economy

When job growth is robust, consumer confidence rises and we're more apt to spend money on high-ticket items, such as cars, appliances, vacations and, yes, homes.

Rather than look at the glass half-full, however, we choose to take the opposite tack—when the economy is humming along, the housing market is at its most attractive.

Markets 

Over the past several years Marin County had definitely become a sellers market. Due to low supply, the demand was extremely high.

In 2019, the trend has changed in that more inventory arrived on the market which translated to a more "balanced" market for both buyers and sellers. But it has continually been active; and homes that show well and staged are selling quickly, and many with multiple offers.