We only have two months of inventory in the county.
(It would take 2 months to sell all the homes at the current speed that
it is taking to move property) That is very low. Not much inventory....
Interest rates remain great but the Fed has indicated that they will raise rates
in three to five months. With so many high cash borrowers at the upper end, that has less significance for Larkspur trends.
One of the interesting trends in Southern Marin concerns high priced homes.
We have more 3 million plus home sales than ever before. (Even as we are trending slightly below our all time high - price wise- of 2007). In Larkspur, in 2014, the highest priced home was 4.4 million while in 2013, the…