Sales continue to improve in Marin County real estate as spring arrives.
As of 4/1/07, inventory continues to climb, now at 1,064 homes available for sale. However, percent in contract rose to 29%, which is nearing the middle range of what we consider a balanced market, which is 25% to 40% in contract. That means […]
Reason No. 5: Financing
Two or three years ago, financing was almost never a reason a deal did not come together in Marin County real estate. Lenders were doing 100% financing all over the place, adjustable rate mortgages were getting people into great homes, and everything seemed to work.
Fast forward to 2007. There’s carnage in […]
Reason No. 3 : Pest Inspections
Always get a pest inspection, no ifs, ands, or buts. If you’re going to spend serious six figures on a property in Marin County, spend the extra $400 or so on a pest inspection also.
Homes in Marin County tend to be older, and the climate seems to foster a […]
Not every real estate deal goes through, even in Marin County. Occasionally, a transaction is cancelled, for various reasons.
The main reason the standard contract allows 17 days to inspect a home is to protect the buyer. It’s called the discovery phase, or due diligence period. Call it whatever you want, but use it wisely, […]
Interesting article in the Sunday Marin Independent Journal about the housing market. It’s the usual collection of mixed opinions, noting that prices have risen slightly, sales have dipped slightly, and please, would somebody tell us which way this is all going?
We’re in a NORMAL market. It’s not a Buyer’s market, where prices are falling, […]
