Marin County Real Estate Market Blog | Marin Market Trends

NARODNY

Weekly Marin Real Estate Roundup

January 12, 2018

Hi Alex,

Welcome to the Marin Real Estate Roundup, the #1 resource for Marin County buyers and sellers.


Weekly highlights

Please respond for info, pictures, or a private showing

  • Pick of the week: 292 Via La Cumbre, Greenbrae. 3 BD/3 BA. True pride of ownership in this fantastic family home. Tastefully remodeled, located just up from the flats of Greenbrae. $1,495,000.
  • New: 80 Matilda, Mill Valley. 3 BD/2 BA.Wonderful curb appeal for this white picket fence corner home in Sycamore Park! Mature landscaping surrounds this home featuring formal living and dining as well as a family room. $1,325,000.
  • New: 333 Locust, San
375 Views, 0 Comments.

The Narodny Team is VERY excited to be #1 Team for Transactions in 2017. Thanks for all the love and support from everyone, especially my amazing clients.

154 Views, 0 Comments.

Demand has outweighed supply for the past 4 + years. In a market with many competitive offer situations, the list price can become an arbitrary number. In the Bay Area especially, it’s common for homes to go far beyond the value of neighborhood comps.

Why do we care?

If the winning buyer is obtaining a loan, this means they also likely need to get an appraisal to verify the value matches up with the purchase price. In an appreciating market, sometimes these appraisals come up short. When appraisals come in below the purchase price, the buyer has the option to exit the transaction or re-negotiate. Although this does not always apply if the buyer is paying cash or has a “no contingencies” offer, it’s worth paying attention to.

How do sellers

209 Views, 0 Comments.

Ahhh yes, the tempting For Sale By Owner. Many sellers, especially in today’s market, believe they can do our job for free. “I’ll just take some pics with my phone, plop it on Zillow, how hard can it be? Psh, piece of cake.”

Courtesy of Narodny Team and Keeping Current Matters, listed below are only a few of the many reasons why FSBO’s now represent only 8% of the country’s homes on the market (a portion of which actually sell):

  • Most homeowners think they have the nicest house on the block, and usually list a price to reflect that sentiment, driving buyers away.

  • Not understanding how to market a home will drastically influence the end price received.

  • It helps to have an advocate who knows what finishes and home designs the

271 Views, 0 Comments.

Since when did getting a mortgage become synonymous with an FBI background check? Why do they need so much paperwork? Is my lender watching me right now?

According to Keeping Current Matters, there are two reasons why getting a mortgage requires more effort today:

  • The bank has set new guidelines that requires the lender to prove, beyond all reasonable doubt, that buyers can afford to pay their mortgage.  A product of the housing crisis, this ensures that strict qualification standards are met to avoid another 2008 catastrophe.

  • The banks don’t want to be in the real estate business. Since 2008, the banks have had the burden of taking on millions of foreclosures and short sales. The new guidelines are a safety net against a repeat

182 Views, 0 Comments.

What's happening in Marin real estate this week.

NARODNY

Weekly Marin Real Estate Roundup

December 8, 2017

Hi Alex,

Welcome to the Marin Real Estate Roundup, the #1 resource for Marin County buyers and sellers.


Weekly highlights

Please respond for info, pictures, or a private showing

  • Pick of the week: 2 De Witt Ave, Ross. 6 BD/10 BA. Rare offering for incredible grand Ross estate on nearly 2 flat acres in the heart of town. $18,500,000.
  • New: 1140 Bel Marin Keys, Novato. 3 BD/3 BA. An entertainers dream with unbelievable Water views open floor plan. Formal Living & Dining Rooms. Kitchen has counter dining and Great/Family Room.. $1,135,000.
  • New: 222 Alder Rd,
3,057 Views, 0 Comments.

What New Tax Bill Means for You

The 2017 Tax Reform bill is inching closer to reality. Since most Californians are on edge about the new laws, we thought it would be helpful to highlight the importance of the new potential tax laws with emphasis on Real Estate implications.

At Narodny Real Estate, we are not writing this as a Democrat or Republican, but as Real Estate professionals. Our opinion of this tax bill is, well, that it’s horrible for the housing market. Downright awful. Let us dip your toes into this new Trump tax dimension.

According to Inman, here are the takeaways:

  • Reduction of mortgage interest deduction for new buyers

    • Previously at $1,000,000, the new cap for mortgage interest rate deductions will be at

828 Views, 0 Comments.

Have you ever listened to a stand-up comedian draw parallels between the apocalypse and the day that Millenials take over the work force? Well...that day is almost here. Fear not my Gen X and Baby Boomer friends! Although Millenials are becoming more formidable in today’s marketplace, there’s no reason to run for the hills. They are actually shaping up to be just like you - in pursuit of homeownership as part of the American Dream.

The rental market is FINALLY experiencing a slowdown. According to a recent article by the Wall Street Journal, rental inventory has been rapidly increasing to meet the demand of an outrageously high priced and competitive lease market. According to WSJ, the adjusted rate of apartments under construction now stands at

821 Views, 0 Comments.

What's happening in Marin real estate this week. Email not displaying correctly?
View it in your browser.

NARODNY

Weekly Marin Real Estate Roundup

September 8, 2017

Hi Alex,

Welcome to the Marin Real Estate Roundup, the #1 resource for Marin County buyers and sellers.


Weekly highlights

Please respond for info, pictures, or a private showing

  • Pick of the week: 90 Vasco Ct, Mill Valley. 5 BD/5 BA. Located on the most desirable street in Scott Valley, 90 Vasco Court is a stunning property with distinctive contemporary architecture. The last house on a private cul-de-sac sits on a 3/4 acre lot with expansive views of Mill Valley ridges and has direct access
4,838 Views, 0 Comments.

  Email not displaying correctly?
View it in your browser.

NARODNY

Weekly Marin Real Estate Roundup

July 28, 2017

Hi Alex,

Welcome to the Marin Real Estate Roundup, the #1 resource for Marin County buyers and sellers.


Weekly highlights

Please respond for info, pictures, or a private showing

  • Pick of the week: 71 Cascade, Mill Valley. 5 BD/6 BA. New construction across Old Mill Park. Gracious open layout, sophisticated finishes, vaulted ceilings, abundant natural light, and spacious indoor/outdoor living, all set in a breathtaking natural setting. $5,000,000.
  • New: 528 Sausalito Blvd, Sausalito. 3 BD/5 BA. Spectacular San Francisco and Bay Views in every
2,803 Views, 0 Comments.