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The Marin County Market as a whole is in better shape than most of the Bay Area, and most of California.   Sonoma County is a bit harder hit.  The middle upper ends of the market are fairly stable, ($1mil - $2mil and above) although the low ends represented in Novato and parts of San Rafael are still hitting bottom, due to adjustible rate loans continuing to hit people on tighter budgets and forcing sales.

We are starting to see a lot of all cash buyers coming into these markets and quietly scooping up properties.  That is an indicator that the experienced investor sees excellent investment value - In my view an indication of the bottom of the market cycle.

Will there still be more hardship in that low end - yes.  I believe we will see it all throughout the summer and perhaps through fall.

Is it time to buy?  All throughout the price ranges I believe it is an excellent value opportunity.  This is not a "flip" market.  It is a time to buy the home you want to live in for the next five years or so.