Marin Real Estate

 
There have been several articles recently that indicate the San Francisco housing market is a heading to doom: there is a bubble, it will burst and prices will tumble. Is that true? My crystal ball has been broken for a long time.
 
Here’s what I know. The housing market in the Bay Area has been red hot for the last three years. The market continues to be strong, although we are starting to see some variation in strength by neighborhood, by segment and by property.  
Some Examples: 

 
 

Marin County - May 2016
The Real Estate Update

Market conditions in Marin remain tight and seller favorable. Sales activity continues to be active, but has edged lower in recent years due to inventory constraints. Single family and condominium sales probably reached their cyclical high in 2013 when nearly 3,100 homes were sold, compared to 3,000 in 2014 and 2,900 in 2015. With current inventory at 1.4 months of supply for single family homes and 1.3 months for condominiums, the...

It probably comes as no surprise to anyone who lives in the Bay Area and has access to local news reports: The real estate market in San Francisco and all over the Bay Area continues to have rising sales prices caused by fierce demand, and multiple buyers bidding on almost every home or condo listed for sale.  Many homes sell significantly over their asking prices and median sales prices continue to rise rapidly. This has been the story for the last several years. What’s different this...

I helped Ben Amyes and Tom Hagan sell their condo in the Mission and this enabled them to move to Woodacre. Here is their story:
 

 
 

 
Five Essentials for Buying a Home or Condo. Click HERE to read more.

 
You will likely attract top dollar and keep top dollar when you provide good information to buyers before they write their offers.

Did you miss that surge of new inventory on the San Francisco market this spring? We all did.  Buyers and their agents were hopeful.  Inventory levels remained low. I was surprised to see this chart and realize that we've been waiting for the spring inventory to arrive. For the last few years!
California is facing a crisis with water, too. A few years of below normal rainfall, along with increased demand leaves us with a severe shortage of water.
 
 
 
For many of my years as a real estate...

Sycamore Park Gem
Three bedrooms Two baths Open and bright floor-plan Large, Eat-in Kitchen Huge, Inviting Yard Walk-Score 85!
$799,000

This special Sycamore Park home has it all! The features include a lovely, bright living area drenched with sunshine through it’s numerous windows. The hardwood floors in the living area and two of the bedrooms are rich in warmth and depth. The kitchen is enormous and has a separate entrance and deck.  The bathrooms are updated and comfortable.  In the back of the home is a huge master bedroom and sitting area that opens onto the large, manicured backyard.  Both the front and backyards are flat and contain mature plantings – complete with wisteria and roses!  Just imagine:  a warm summer evening here shared with friends and family - laughing and playing in this inviting space!

Sold
$820,000

The San Francisco chapter of the American Institute of Architects is gearing up for their next home tour, this time in Marin.  Featuring five homes in Mill Valley, Sausalito and San Rafael, it provides an opportunity to see some of the most innovative design in the Bay Area.  This year's tour takes place on May 12th from 10-4.  Tickets and more information available on the AIA's website.

One question that many Sellers overlook when making the decision about who to hire to represent them in the sale of their home:  Would you ever be willing to represent the buyer as well as me?  And the follow on question: How many times have you reprsented both the buyer and the seller in a transaction?  Representing both the buyer and the seller in the transaction is perfectly legal, and some agents make this a business practice.
You might consider, however, hiring an agent who will not...

When you are buying or selling a home, it is important for you to select an agent who is experienced, knowledgable, professional and will help you through every step of the process.  After selecting an agent, you'll work with this person to identify the property that is right for you, help you determine the price and terms of the bid that are appropriate and help you negotiate the contract.  Once ratified (the deal has been accepted by all parties), your agent will lead you through the...

We’ve seen a dramatic change in the Southern Marin real estate market.  It seems as if we have a real shortage of nice homes for sale.  Homes are selling quickly, some with multiple offers, and some for more than their original asking price.
We’ve been hearing bad news about the economy and the real estate market for the past several years, so what’s happening here?  In Tam Valley, there are currently more than a dozen homes that are in contract, meaning the seller has accepted the...

HOT is the best way to describe our real estate markets, both in San Francisco and Marin.  Few listings come onto the market each week and many properties sell within the first day(s) on the market.  Many new listings are selling for over the asking price--some for significantly over asking.  While the national media, including the Wall Street Journal, is beginning to write about this, we are seeing interesting signs: houses in SF and Marin are selling before they reach the market, a great...

Megan and Lee Mokri bought their first home in Mill Valley.  So why is this news? They love living there.  And, they appreciate the service they got from Stacey and Jane.  Check out this video:
 

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