Fed Lowers Rate

Pretty soon we will see the effect of lower interest rates on the Realty market. Just like Aug 2006 this has been a quiet month, but by all predictions sales should pick up from October onward.
Specifically it is expected that several new families will be transferred in to the town who will work at Lawrence Livermore Lab. It is hoped that those transferees will want to own a home near their work, and with prices having fallen those folks will have lots to choose from.

39 sales in Livermore August to date.

Related posts:

1. Inventory Creeps higher
2. Sales Volume Up in Livermore and Pleasanton!
3. Why is it bad news?
4. Have we hit bottom?
5. Could it be..a glimmer of light?

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