Pacific Union’s blog article titled, “Realtors’ 2012 Housing Survey: Competition Is the Name of the Game in California,” offers an excellent review of  California Association of Realtors’ just released annual Housing Market Survey.

C.A.R. has conducted the survey every year since 1981. The 2012 report is based on responses from a random sample of 15,000 California real estate agents.

You’ll find the complete PUI article by clicking here . If you’re looking for a time-efficient way to better understand current market conditions, consider the article required reading.

Every family’s situation is different. If you’d like to discuss how the current market conditions might impact your strategy for buying or selling your Lafayette home, please contact Dana Green at Dana@DanaGreenTeam.com or 925.339.1918.

_{Note: Chart from California Association of Realtors, http://www.car.org/newsstand/newsreleases/2012releases/ahms}