Richmond Waterfront Reaches Its Peak.

Early last month, we wrote about the housing market in the Richmond Waterfront (which consists of several communities, including Point Richmond, Marina Bay, and Country Club Vista) and highlighted conditions that indicated the area was likely “plateauing”. Among those conditions was a “days on market” figure that was twice the Bay Area average and a developing trend of homes selling for less than asking price. Essentially, while the area was projected to maintain most of the gains it made in… read more →