Nationwide, home prices rose again, a trend that will help ease the foreclosure crisis and slowly rebuild the wealth of millions on American homeowners.  With mortgage rates hovering around 5%, a tax credit for first-time home buyers and low priced foreclosures, people are now scouring for the best real estate values.

Closer to home, the market is picking up although the latest challenge is lack of inventory, especially for homes under $900k.   Most of our listings are pending with a few more coming soon.  We have a gorgeous new listing coming in Dublin Ranch, priced at only $599,900.  This 3 bedroom Standard Pacific home features many upgrades and offers a very desirable floor plan.

The upper end, meaning homes still selling for over $1,000,000, has been hit hard but is finally seeing some activity.  Our sales board at the office now has many more sales over the million dollar mark.  The prices in the upper end have been hit especially hard, so that has really attracted the move up buyer.

The current market is perfect for anyone needing more space or a desire to move into a better school district.