Archives: 'Buying A Home in Marin?'

Bob Ravasio — December 20, 2007, 12:20 pm

Marin County Real Estate: Don’t Believe Everything You Read; The Bottom Is NOT Falling Out

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 […]

Bob Ravasio — December 6, 2007, 3:59 pm

Are TICs Condominiums?

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 […]

Bob Ravasio — November 19, 2007, 9:20 pm

TICs Come To Marin County Real Estate

We’re proud to be the first listing agents in Marin County to list a major TIC development,Pacific Trail Townhomes at 384 Pine Hill Road in Mill Valley. 
These are 1bd/1ba, with large private patios, and most are townhouse-style two-story units.  Read more about them in the Marin Independent Journal here.
The price is terrific: units began […]

Bob Ravasio — October 18, 2007, 11:22 am

Why Are There Still Multiple Offers In A Buyers Market?

I was pondering this question today in the context of one of our listings. The answer is simple:
Fear of Loss.
This house in Larkspur, on the lagoon, has been going through the normal sales cycle in Marin right now.

It’s been on a little over 100 days, and had a couple of price reductions. It went […]

Bob Ravasio — September 25, 2007, 7:02 am

Market Update For Marin County Real Estate

Marin County is experiencing the strongest buyer’s market we’ve seen in years.
Currently, percent in contract is 15%. That’s up slightly from last week when it was at 14%.
We are getting the sense that it bottomed out. Besides the rise in the stats, we also had vastly increased traffic at our open houses last weekend. […]