Berkeley Is #1 Suburb In America To Sell A Home In

You read right, Berkeley, CA is the number one neighborhood that has withstood nationwide market problems according to Forbes.

"Berkeley, Calif., a town known for years as a hippie haven, is becoming a hotbed for home sales. Prices in the San Francisco Bay Area suburb are up 9% this year, with homes selling for a median price of $790,986. Properties are sitting on the market for 73 days on average, the lowest of any area with positive price trends within the country's 75 largest Census-defined metro areas. Only 37% of sellers have been forced to reduce their prices, one of the lowest rates in the country."

Wonderful news for our local residents in the Bay Area. For the full list of neighborhoods and the complete article click HERE.