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Hot Bay Area Housing Market

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If you are thinking about selling your home, now is a great time to do so. Recent reports indicate that home sales across the entire Bay Area have reached a seven-year high and median prices have increased 33.5 percent in just the last 12 months. Realtor.com president Errol Samuelson wants you to think this is only a correcting of the market and not a new bubble. "You're seeing the market start to stabilize, which is a really good thing," he said. [Oakland Tribune]