Jumbo News

Believe it or not, some people still want to buy million dollar properties. Until recently, however, these visionaries have had trouble getting the financing they need. That appears to be changing. This is potentially very good news for all of us. In SF and Marin, stability in the upper end of the market may help firm up other price points. Just as the skyrocketing prices of 2001-2006 were not healthy or sustainable over the long term, today's fast-falling values, particularly in the lower end of the market, are not a true measure of long term value.