Marin is hot, hot, hot right now! And no, we aren’t referring to that blissful Indian Winter we were experiencing.
Demand is way up! Everyone wants to live in the lush and lucrative county just north of the most attractive city in the country! Can you blame them?
Unfortunately, the real property supply does not match its demand by eager new residents.
The major reasons for the low supply include affordability, low interest rates, underwater homeowners, fewer foreclosed properties and high rents.
Affordability and low interest rates make it easier for prospective buyers to get financing and become candidates for loans creating a multitude of well-qualified buyers from which the sellers to choose.
This combination creates a chaotic situation for…