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Trulia: March National List Prices Up 1.4% From January!

THIS JUST IN! Prices are going back up after sinking harder than the main characters in the Titanic movie back in theaters this week!

“One thing to keep in mind — because the Trulia Price Monitor is seasonally adjusted, these monthly and quarterly increases are on top of typical springtime price jumps. Without adjusting for seasonality, asking prices rose 2.4% quarter over quarter.”

How does OAKLAND fare? REALLY WELL! Oakland List Prices increased 3.23% from January to February!! #SELLERSMARKET

My blog post from March 21: OAKLAND RANKS NATIONALLY #8 OUT OF 146 WHERE LIST PRICES ARE ON THE RISE

So what is the reason for the increases? Employment growth! With the technology boom in cities like San Francisco and San Jose where companies like Facebook and Twitter prosper, a lot of new money is coming back in and the tech-savvy workers are looking to buy closer to where they work. Luxury condos and matching automobiles anyone?

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