Marshall Prentice Last Quotations

Today's Bay Area real estate market has all the characteristics of a relatively normal balanced market. We knew the year-ago numbers were unsustainably strong. Right now it looks like current trends will last well into 2006, with strong, but not record-breaking sales, and continued appreciation.

In other words, homes that would have sold for $900,000 in 2004 sold for more than a million last year.