The latest real estate data on the Dublin Ranch Housing Market (and Dublin in general) and its home prices is certainly encouraging for Dublin homeowners: Due in part to a considerable drop in the number of homes for sale since last summer (inventory is only 62% of July 2014’s) single-family home prices have appreciated significantly. Most recently, the median closing price soared to $967,500, which is the highest figure on record for the area. What’s more surprising, however, is that… read more →
If you’ve been following the news in Bay Area real estate, you might have heard that home sales have been dropping. A Pacific Union article attributed the root of this trend to inventory shortages and a lack of “move-up” buyers. The reasoning makes sense: Fewer homes are sold when there are fewer homes on sale, and there are fewer homes for sale because fewer homeowners are comfortable selling their current home and trying to find a bigger or better one… read more →
