3^rd Q ended with average single family home prices reaching $1,371,375, an impressive 10% increase from 2013. Good news for Sellers; for Buyers too. Higher prices mean more Sellers are 
now willing to list/sell! The supply of homes available for sale is still below long term trends (2.3 months  of inventory versus something like our “normal” 4 – 4.5 months), yet is significantly higher than the 1.25 – 1.5 months of inventory which we were seeing at in the 1^st quarter of this year.  And mortgage rates are declining again, with some 30 year jumbo loans below 4.0%. With more selection and lower mortgage rates, motivated Buyers can still find their dream home before the end of the year!  Call me today to discuss your objectives for buying or selling as we move toward 2015!