Home sales rose to one home sold over the last 30 days, providing a lift to the Palo Alto market. That may continue, due to a six-week upward trend for contracts, with three in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Even with the rising contracts, with eight months of inventory available, Palo Alto is a still definite buyer's market.
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