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Marin County Market Report: January 22, 2007 - 01/22/07 10:38 AM
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 a recent headline screaming about a 5% average price decrease for the month of December.
I’ll put a stake in the ground right now. I’m figuring this year will level off in terms of transactions, minimal if any appreciation, and in general, a balanced market. What leads me … (0 comments)
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Days On Market: Stale Fish or Red Herring? - 01/08/07 11:55 AM
One of the ways I can tell how educated a buyer is about home buying is by the questions they ask. One I get a lot at open houses is ” How many days has this been on market?”
Is it a valid measure of anything? Carol Lloyd, in the Chronicle’s “Surreal Estate” column, has a lot to say this week about it, noting that many agents re-list properties under new listing numbers, which changes the days on market to zero. She compares it re-selling "stale fish" and to re-setting the odometer on a car to enhance value. Big disagreement there: … (4 comments)
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One More Factor That Keeps Marin County Pricing Stable: MALT - 01/02/07 12:21 PM
One of the great things about Marin County, and living here, is the incredible appreciation people have for the land, and the way it has been preserved with parkland and farms. It’s also one of the factors that keep prices high, because that land is not being used for housing. There’s a new story in the Marin Independent Journal about the latest work or the Marin Agricultural Land Trust, or MALT, and their latest project in Tomales.
They are nothing short of remarkable. Using a combination of funding from donations and various government sources, they purchase development rights for farm land … (1 comments)
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Bob Ravasio
Corte Madera,
CA
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Frank Howard Allen
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