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KC Garrett's BLOG

CoreLogic March 2019 Data Brief

“The Bay Area logged a normal, seasonal surge in home sales between February and March this year, but last month still marked the fourth month in a row in which sales were the lowest for that month in 11 years,” said Andrew LePage, a CoreLogic analyst. “The home sales recorded in March mainly reflect buyer purchasing decisions in February. This was after the end of the partial federal government shutdown as the stock market was trending higher while mortgage rates were trending lower, although rates fell further in March. Those factors bode well for stronger sales

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State of Luxury 2019

We are no longer seeing the record breaking price appreciation we saw in prime markets across the country, coming out of the financial crisis 10 years ago. But it’s important to have a long-term perspective—something we have always emphasized at the Coldwell Banker® brand, given our longevity and 112-year history. Case in point: In reviewing North American luxury market data for 2018, single-family luxury home prices fell as much as 5% from one month to the next, yet the median sold price remained right around .4 million over the last 18 months. When you take the

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