Archive for October, 2009

Marin County, CA. Real Estate Update — October 2009 (Homes For Sale & Price Ranges)

October 19th, 2009

Over the past year, my reports have continually pointed to simple supply and demand indicators in an effort to define a “normal” Marin County real estate market. As noted a year ago, “recovery to a normal market will require stability in financial markets, a strong local employment trend, affordable interest rates and strengthening consumer confidence.” [...]


Mill Valley CA. Real Estate Market Report (October 2009 Home Sales Update)

October 17th, 2009

The good new is that it seems the media has turned a corner on its reporting of the U.S. and worldwide economies, as well as the housing market. Positive press coverage has permeated all forms of media and is certain to change the tide, although it will take time. Significantly, San Francisco agents are reporting [...]


Tiburon & Belvedere CA Real Estate Market Report (October 2009 Home Sales Update)

October 17th, 2009

Belvedere and Tiburon sit on the Tiburon Peninsula and associated islands, just across a narrow portion of the San Francisco Bay and the Golden Gate Bridge. Real estate is expensive. Several homes each year sell for $5 million and up. As 2009 began to unwind, the luxury sector was flat for obvious reasons and it [...]


San Rafael, CA Real Estate (October 2009)

October 15th, 2009

San Rafael, California’s real estate market continues leaning heavily on foreclosures and short sales for volume. The entry level price band (under $600K) remains at a slow boil with 64% of home are now in escrow, same as last month. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) [...]


Novato Real Estate Market Update (October 2009 Home Sales Report)

October 15th, 2009

“Give Yourself a Raise. Move to Novato.”
 
Entering into the dormancy season for Marin County real estate, it appears that certain “hotspots” remain — Novato is one of them. In September 2009, 35 Novato homes sold, compared with 38 sales in August 2009. The Novato real estate market derives its strength from entry level home [...]


Importance of Listing Prices on Sellers’ Net (Mill Valley Example)

October 8th, 2009

Barring special circumstances, there is generally nothing more important to sellers than the net amount of funds they retain when their home is sold. As every real estate professional will attest, pricing correctly for the market at the outset of the listing period is far and away the most important factor in the sales process [...]


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