Market Report: Stabilizing Trend on the Horizon?
It has been a difficult year for Marin real estate. Total unit sales are off 35% for homes, and 38% for condominiums. Condominium average sale price is down 10%. Some realtors are learning new phrases, like “Did you say one or two shots of espresso in that latte?”
We […]
Yes, the Chronicle says we’re in the midst of a giant downturn. The IJ says home sales plummet in January (they did).
Someone forgot tell home buyers in Corte Madera. Real estate sales have picked up quite a bit here. For example, 247 Sausalito, asking $799,000:
Four offers, after 10 days, according to the Selling agent. […]
The latest foreclosure news from Data Quick is up - the Marin IJ story ran yesterday. And the San Francisco Chronicle did also.
The news is not good. But it’s not nearly as bad as the headlines.
First, some perspective. There were 40 foreclosures in Marin in the fourth quarter, according to the IJ. There were […]
As the avalanche of scary real estate news continues, we’ve noticed a new trend in offers on real estate in Marin: buyers coming in with extremely low offers on property, often in the range of 80% of the asking price. Last night I heard about a home asking $950,000 that received an offer of […]
Continuing to pick up information from the Andy Sirkin seminar on TICs, one of the questions he addressed, and one of the ones I get all of the time, is “So are these condominiums?”
At Pacific Trail Townhomes , we are very careful to explain these are not condos. However, living in this development is […]
