The Wall Street Journal is reporting a bit of a national housing price uptick
A gauge of U.S. home prices improved in January with many of the nation's most battered markets among the gainers. The seasonally adjusted S&P/Case-Shiller index of home prices in 20 major metropolitan areas increased 0.3% in January from a month earlier, the eighth consecutive monthly increase.
The WSJ shows SF as the top gainer at +9.1% from a year ago and today's SF Examiner adds a quote in a similar article
"We're seeing multiple offers in most of the markets here in the San Francisco Bay Area," said David Kerr, an agent with ZIP Realty in Oakland. "People are getting off the fence."
A search on a local real estate website shows about 57 single family residences for sale in B'game at the moment and there are "sale pending" signs appearing. "Coming soon" signs are also appearing, so there may be some pent up inventory that has been waiting for a rebound.
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