Word on the Street - The Tri-Valley Market

Talked with a major builder today, and he feels much more confidence in the Tri-Valley Market right now. He thinks the Tri-Valley is primed for strong growth in jobs and home price appreciation. Definitely seeing improvement in the major markets of the Bay Area proper. In terms of the valley, Mountain House is continuing to perform well, with strong traffic and activity. The rest of the Central Valley is still slumping, with downward pressure on prices, increased pressure on builders for incentives, and very sluggish sales.

It seems the Tri-Valley and the main Bay Area markets have firmed up substantially, and the secondary markets are still soft with no short term improvement on the horizon.