Was talking to a client yesterday about bringing their property on the market now vs. later. I summed it up pretty well, if I say so myself.
Typically the inventory goes up in March and April. It maybe starting a little early this year. We am not seeing evidence of a big surge in inventory or prices, more like a dribble. It is making buyers panic and there are multiple offers on everything. Once again, I am seeing people pay too much because of their fears. Yes, the market is experiencing a resurgence. Appreciation was solidly at 8-10% across the county last year.
Thinking about buying or selling? Contact us at MarinRealEstate.net and we can point you in the right direction.
Go 9ners!
Some interesting stats have come out for 2012 which indicate a robust market in 2013. California Associations of Realtors (www.CAR.org) reported that last year in California 1/3 of all homes sold for all cash, 23% of homes bought were second homes, first time home buyers were 39% of the market , a jump of 5% form 2011, and the number of foreclosures were down by almost 20%. In a recent speech by Carole Radoni, president of Bamboo Consulting, she stressed how important it is to take advantage of today's low interest rates. Not only do you save money, but 27% of your payment on a 3.75% loan goes to principal reductions as opposed to only 9% on a 7.5% loan. She expects rates to stay low for a while but then to rise, and encourages buyers to take advantage of…
We are kicking 2013 off right. Another new listing this week. 14 First Street in San Rafael is a lovely home completely restored and updated with living room, dining room, new kitchen with Cesar stone counters and all new appliances. Great blend of traditional Victorian styling with contemporary features. What a joy to walk into a home with such a clean design, an open floor plan and plenty of natural light. Trim work is classic Victorian around most doors and there is the charming black and white tiled floors in master and second bath. Off the kitchen is a spacious laundry area and pantry and there is additional storage under the house. Sweet landscaped fenced backyard.
We have another new listing this week. A stunning brand new home on a level lot. 8 Nunes Drive in Novato is rare find, one of only six NEW construction homes available in Marin! Approx. 4000 square feet of high quality construction with magnificent views in a peaceful area. The setting is private with amazing natural light streaming in all windows. Cul-de-sac location surrounded by gated estates yet close to the freeway and part of the vibrant community of Partridge Knolls.
Here is information on our newest listing. 84 Glenwood Avenue in Ross is a perfect house for someone who wants Ross for less. Not a big house but a great address/location with loads of curb appeal, super quiet location, views and lovely level lot. The house is run down and old but pretty sound. The choice is to build to the approved plans or remodel what is there. Approved plan renderings and floor plan are available to view at the property.
All across Marin and the Bay Area, communities celebrate the beginning of the holiday season with a traditional tree lighting ceremony. Take a look at these neighborhood activities. Where will we see you?
Our newest listing is classic Spanish style on a corner lot. This is one of those really sweet homes on Morningside Drive; a truly charming neighborhood. A large front yard, surrounded by white fence, leads to a front porch and entry. The home has a formal living and dining room, large kitchen with breakfast room all with expansive windows, natural light throughout. There are three big bedrooms with two full baths. The wonderful courtyard off the kitchen and lovely private back yard allow you to enjoy the endless California sun. A two car garage with separate storage or laundry room at the back of the home is a great bonus. Separate pantry or utility area has a small water closet as well. Listed at $795,000