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 […]
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 […]
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 […]
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. […]
We’re at a business conference in Monterey, and were reviewing some statistics yesterday morning. Of course, everyone wanted to talk about short sales and foreclosures.
Hot topics to be sure, but the leader cited a remarkable statistic:
97.4% of all mortgages in the US are current.
You don’t hear that on any of the news channels, […]
