Today’s a fabulous day to kiss a pig, watch CDC or CNN, or – and this is my choice – BELIEVE! (After all, today’s my birthday!)

Given all the random meaningless statistics tossed about (32.4% of all statistics are made up) give yourself a break – random statistics do not inform. Today I offer forth bright side informing numbers from Victor Maas that indicate (indicate is the best we can do in these very random times) a heating up market.

In an effort to be among the informed we look at the home sales over $1M in Marin. Lower end sales are difficult – many multiple offers – as investors and first time buyers flock to the table. Example, the red hot Patti C has had many offers on little old Seagull in Novato.

But upper end sales are truly informative because they indicate a growth in belief and in market momentum, along with the bank cooperation vital to getting bigger sales. Yes, $729,750 is alive. But there’s more …

Through May 1 there were a total of 90 $1M+ Marin sales. Today there are 28 $1M+ homes in escrow with no contingencies and another 44 in escrow with contingencies. Victor Maas is willing to bet that 54 of these sales will close in the next 30 days (based on 100% of the no contingency sales and 60% of the contingency sales closings). That is more than twice the monthly sales figures we’ve seen thus far this year.

Make hay while the sun shines! Enjoy bigger pay checks. Pay off credit cards, make estimated tax payments, breathe and smile!

Posted By: Tom Verkozen