Marin County Real Estate Market Blog | Marin Market Trends

60_garden_rock_san_anselmo_ca_400Kids are back in school, some on campuses that have grown in number of students. Although there is concern with the budget cuts, one of the great aspects of living in Marin is that the kids don’t suffer like some other areas because of the tremendous local support for the different school districts by various foundations. Foundations like the Yes Foundation raise enough money to keep programs like music and art and help build facilities to better the standard of education. Without this great sense of community and pride and the ability to contribute, Marin would not have these incredible schools, which is one of the reasons why it is one of the most desirable places to live in California.

In marin real estate there is always a flurry of activity after

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15 Corinthian #22 Tiburon, CA

geegeb_400$879,000

2BD/2BA

The impact of the floating City of San Francisco is so riveting from this home it takes your breath away. When the water is crystalline blue and you see the bay spread out before you…you have found a paradise. Clean lines are the appeal in this tastefully redone 2 bedroom 2 bath town home with direct access (no stairs) across a newly redone slate walkway. The kitchen has been redone with Corian counters, newer   appliances, sink and fixtures. The deck off the dining room has a barbecue and out door dining area and was recently redone as well. Both bathrooms have been updated and the master has a large walk in closet.

The best outdoor area is the large deck off the living room with its spectacular vistas,

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short_sale_sign_300_300_01Short sales and foreclosures are the latest buzz words in the industry and whether you are a buyer or seller it is important to understand what they mean before jumping in. A short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan. A lender may accept a short sale when the borrower is in severe financial straits and market conditions make a short sale the best choice to mitigate the lender's damages. This saves the lender the costs of foreclosure and the borrower avoids having a foreclosure on his or her credit report.   If you are a homeowner and for a myriad of reasons, are now in the situation that you can't…
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Here is a quick, proven guide to how to sell your Marin County, CA home in three days: 

Look at the comparable listings currently for sale and the comparable sales in the last three months. Compare the per square foot value and the amenities like view, yard and condition. Throw out the top one and the bottom one and price at 5% below the current in escrow properties.

Make sure you stage and prepare the home for maximum emotional appeal. You will be competing with many other homes that have done this as well. Take exceptional photos and market to top agent networks and on the internet with the photos. Expose on all possible real estate sites for maximum exposure. Be prepared with answers to any question the buyers may have about the house including

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Currently there are 16 homes on the market of which 6 are in escrow. 10 homes have sold since April 1st at an average price of $1.3 million. In case you don’t remember our last report in March, there were 14 on the market and only one in escrow. The average sold price has stayed the same. Our great neighborhood with its renowned quality of life is increasingly attracting the buyers who want that and an excellent school district.

We just sold a home at 380 Fawn Drive without it ever hitting the market! We get the calls from the agents and buyers who want the inside track on Sleepy Hollow homes and sometimes selling off the market can work best for a seller. 

Currently, we have 227 Van Tassel Ct. listed which is a stunning 5 bedroom home on 3 acres for

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So the market flushed with success in June and July. More sales, inventory of homes available dropped and a generally more optimistic picture of the market for real estate in Marin was upon us. After such a poor first quarter it has inspired sellers to think about selling again.  Now we are in July, heading into August and things have slowed again. Remember that this is vacation time for many Marin residents, both buyers and agents and also some sellers too. We are sure that come mid August there will be more activity and sales will pick up.

We are seeing definite price drops in all areas. While Marin is not as affected by the recession as many areas and we have few foreclosures the few we do have affect the values. Keep in mind that appraisers have to

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As of August 1 there will be yet another change to our loan terms when buying a home. As a buyer of a personal residence the banks are now bound by a three day right to review and rescind per the terms set forth in the Truth in Lending document sent to all borrowers prior to closing. This always applied for refinancing but now it applies when you first buy a home with a new loan, too.  This is important for several reasons. The buyer has a chance to review their terms in a leisurely fashion. The buyer can also make adjustments with their lender and then receive a new Truth in Lending Statement. Be forewarned however. Any changes to close of escrow, price, credits, anything that affect the price will require a new Truth in Lending to be issued. And the 7…
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recent_marin_listings_676We are excited to announce that we have recently released a new feature of www.marinrealestate.net called "New Marin Listings". This section of the site will auto-populate listings that just came on the market within the past two weeks enabling buyers to have one easy place to search for and sort new listings in the Marin County Market.

Check it out and let us know what you think!

Recent Marin County Listings

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marin_ca_337We understand that buying a home is a huge decision and in this market it is important to know you are making the right financial decision. As in selling a home, hiring a seasoned professional who has lived through similar challenging markets and not just the recent one where an agent was more of “an order taker” is imperative. This market is serious and you need the right advice and guidance. Here are some statistics: The median price rose in Marin in June to almost $800k which is up from the month before and the average price has jumped to approximately $860,000. 207 homes sold in June which is 37 more than the month before but 20% less than the same time last year. Number of sales jumped by 16% but down from this time last year. Currently, there are

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