Cliff's Notes…on Real Estate

I don’t see any burst bubble in Redwood City real estate! 108 new homes came on the market for sale and 131 homes sold or are currently pending sales. I interpret that as a low inventory market. That is good for sellers is it not?

Since Jan. 1, 2008

New Listings: 108
Price Increase: 2
Price Decrease: 41
Solds: 84
Expireds: 29
Cancelled: 51
Withdrawn: 7
Pendings: 47