Archives: 'Market Reports'

Bob Ravasio — April 24, 2007, 6:15 pm

Marin County Market Update: Spring Sales Hold Steady

Marin County real estate sales continue to defy national trends, as sales continue to be good, especially in Southern and Central Marin.
As of 4/15/07, percent in contract was 28%, down slightly from 29% two weeks ago. Inventory continues to rise, now at 1,105 for total homes on the market. When percent in contract is […]

Bob Ravasio — January 26, 2007, 8:10 pm

Market Prediction: Marin County Sales Are Picking Up

I noted just last week the Marin County real estate market is leveling off, but we are now hearing lots of reports that things are definitely picking up.
Anecdotal evidence is everywhere - lots of traffic at open houses, lots of inquiries activity on our listings, and houses selling after just a few days on […]

Bob Ravasio — January 19, 2007, 10:54 pm

Marin County Market Report: January 17, 2007

Everyone is looking into their crystal balls right now, trying to figure out where the market is going in 2007. Is it going to get worse? Is the bubble popping? Or are we having a “soft landing”, and a return to normalcy?
As usual, the Marin Independent Journal takes it to extremes, with yesterday’s headline […]

Bob Ravasio — December 15, 2006, 5:45 pm

Marin Home Sales Still Off. Are Buyers Playing Poker?

The Marin IJ just published their monthly real estate article, and not surprisingly, the stats show sales down, but prices stable.
The source is different than mine. I use MLS statistics, the IJ refers to DataQuick, but the stories are similar, I believe. In my summary two weeks ago, I said the market was firming […]

Bob Ravasio — December 12, 2006, 11:37 pm

Interest Rates Are Low. No, Really, They Are.

We had one of our key lenders ask a great question in the sales meeting the other day.
“Going back to 1971, when was the FIRST time the 30 year fixed rate hit 6.25%?”
Guesses were flying everywhere. No one was even close. The answer?
Summer 2002.
That’s right. In the 70’s, 80’s and 90’s, the 30 year […]