Novato Real Estate Market Update (June 2013 Novato Home Sales Report)
By Kyle Frazier, Kyle Frazier , CRS & Marin CA Realtor
(Christie's Great Estates | Pacific Union International)
Pacific Union International | Novato Real Estate Market Update (June 2013 Novato Home Sales Report). A reporter from a large national newspaper asked me to characterize Novato, California’s real estate market last week and I told him that the sales figures in May were simply unbelievable and that is was by far the best month in the best year we have seen since 2005. Indeed, while a whisper of doubt may have permeated past market reports, none remains now — real estate is back. Ongoing suppressed inventory continues to drive prices seemingly straight up. That, coupled with still low interest rates and intense buyer demand are propelling sales prices not seen for 5 years. “Ready, able, and willing” buyers act quickly. To give an idea of just how strong the market is, consider this: last ...
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