For several months my Mill Valley, CA, real estate report has noted that the market "is strangely out of sync," and that buyers "are taking a few pitches to see what happens," and I have also aired my suspicians about "undercover buyers" who are ready to buy and want to buy the "right" home. More
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03/19/2009
Following Novato's lead, San Rafael's real estate market is gathering momentum at the low end as foreclosures and short sales drive the market. We are currently experiencing 31% pending ratio for homes priced at or below $600K. Although not as strong a market segment as Novato, I would still char
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03/19/2009
Although February was a short and rainy month, Marin County, CA., still experienced a good number of sales. So far in March 2009. we are seeing increasing inventory similar to "normal" years (I hesitate to call 2009 a "normal" year in light of the current economic situation). Recent gains in the
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03/19/2009
There are many reasons to love Marin County, CA. -- its great schools is just one. If you have ever wondered if there is life outside of San Francisco, we can assure you -- there is. We are just a short hop across the Golden Gate Bridge. The commute is quick and short. There is no bridge related
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03/17/2009
The chart below illustrates the number of, and percentage of, 2009 distressed sales (e.g., REO--a.k.a. bank owned homes and short sales) in Marin Ca. SFH Sales - January 1 - March 6, 2009 Total Distressed % of Total Marin County 142 46 32% San Rafael & Novato 73
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03/11/2009
After a lengthy period of overcast skies and a good deal of rain, the sun has returned to our happy peninsula, just in time for daylight savings. Never-mind that just like January 2009, February 2009 gave rise to just 2 home sales in Belvedere and Tiburon combined; sunshine, recently improving n
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03/11/2009
If you follow my writings, you know I am a big fan of Novato's Hamilton Field. With newer homes (which are relatively low maintenance), friendly atmosphere, lots of amenities, easy proximity to shopping, dining, and public transportation (even to San Francisco), it is truly an idyllic fit for man
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03/02/2009
