I think it’ll be interesting to see what the absorption rates have been over the first quarter of 2009. I’m going to work on that next.
We’re seeing a big spike in activity in the market right now – houses selling very quickly and with multiple offers. There’s no way to know – until we look back – if this situation is here to stay or if it’s a blip – not a blimp, a blip.
| 2006 | 2007 | 2008 | 2009 | |
| Atherton | 2.6 | 2.9 | 3.6 | 8.6 |
| Belmont | 1 | 1.8 | 1.3 |
Popularity: 3% [?]








