Marin Realty Experts BLOG

Real Estate Agent - Marin Realty Experts
Peter Nielsen's commentary on his experiences and views of the Marin County, California real estate market. Sausalito, Tiburon, Belvedere, Mill Valley, Corte Madera, Greenbrae, Kentfield, Ross, Larkspur, San Rafael, San Anselmo, Fairfax, Novato, Peter Nielsen, Marin homes, rentals, vacation rentals, North Bay, San Francisco
I'm quoted in today's Marin Independent Journal article titled "Marin Home Sales Soar in June Compared with Last Year" commenting on how the prospect of increasing interest rates are contributing to the run-up in home prices. In the long term, higher interest rates would be expected to put a damp...
Marin Q2 Market Update - Prices Surge! If there was any doubt that 2013 is the year of recovery in the Marin real estate market, this 2nd quarter update should dispel that concern. Every town had a significant increase in both prices and volume from the previous quarter and all but the Kentfield/...
Soaring prices are leaving fewer homeowners owing more money than their properties are worth, bringing them off the sidelines of the nation's surging housing market and offering relief to buyers who are frustrated by bidding wars. As more homes are put up for sale, price increases are expected to...
Happy 4th of July to everyone! The economy is improving, housing prices are recovering, more jobs are being created, inflation is in check, and we're winding down the war in Afghanistan, so all-in-all, it's a good time to celebrate our independence!
I recently helped my daughter purchase a duplex in San Rafael (Marin County). It was listed last fall, when the market was slow, for $795,000. At the time we made our offer, it was listed for $749,000 and it was purchased for $685,000. She and her fiancé will occupy the top floor and it came with...
CNN Money reports that "borrowers who didn’t take advantage of the historically low interest rates likely have missed the opportunity to purchase or refinance using an ultra-low mortgage rate. In the past month, rates have been on the rise and are expected to continue to climb. Fannie Mae’s chief...
I attended a presentation by the California Association of Realtors Chief Economist last night and heard some amazing statistics regarding Marin County's housing market recovery. From its bottom in February 2011, median prices are up 50.6% from $632,580 to a median of $952,870 in April of 2013! N...
The Marin Association of Realtors has announced that Marin County experienced the biggest May since 2004! (in Units Sold)  Total dollar volume was up 43% over the previous year and the second time in a row that the average price exceeded $1 million.  Median price for the month was 23% higher than...
Freddie Mac, the quasi-government corporation chartered by Congress in 1970 "to provide liquidity, stability and affordability to the U.S housing market" today released the results of its Primary Mortgage Market Survey® (PMMS®), showing " fixed mortgage rates climbing higher for the fifth consecu...
06/13/2013 is brining its real estate auction to Marin County on June 19. There are 12 properties to be auctioned, from a condo in Novato to a gated estate in Tiburon. The auction will be held at the Four Points Sheraton Hotel in San Rafael. I've purchased property at one of these auctions mysel...

Peter Nielsen

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Peter Nielsen's commentary on his experiences and views of the Marin County, California real estate market.