If you’re considering selling your home, recent news about home prices may be causing you some concern. It’s important to keep in mind that news headlines about home values or depreciation can be sensational and may not give the full picture. While home prices may have decreased in some markets month-over-month, nationally, home values have risen year-over-year. The graph from S&P Case-Shiller provides a more accurate representation of the current housing market trend. In Lamorinda (Lafayette, Orinda, Moraga) we have a serious shortage of inventory.
Vlatka Bathgate