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marin realty group: Banks Ramp Up Foreclosures - 07/16/09 12:55 PM
Once again our banks are working against providing any assistance to homeowners whether it be in the form of loan modifcation or short sales. They simply refuse to comply. Check out this NY Times article: http://www.nytimes.com/2009/07/11/business/11nocera.html?_r=1&ref=todayspaper It seems to me that a strongly monitored system of reward or penalty must be defined and implemented. The banks should be rewarded or penalized based on their perfomance with distressed homeowners/borrowers. It seems the only action they are committed to is foreclosure. http://www.bloomberg.com/apps/news?pid=20601213&sid=afOsHVj02UMc The behavior of our banking system is appalling and, at this point, un-American. Uh-oh! Un-American is a mighty strong statement. Indeed it is. The banks are holding our economy (0 comments)
marin realty group: Average Square Foot Prices of Marin County Single Family Home Since 2005 - 05/16/09 04:00 PM
Below is a table of average square foot prices of Single Family Homes sold in Marin County - calculated for both county as a whole and town-by-town. These prices are based on sales prices divided by the square footage of home. 2005 - 2008 reflect year-end prices and 2009 reflects prices through May 15. All info was compliled through Marin County Multiple Listing Service.y Multiple Listing Service. San Rafael 536.91 523.35 535.42 493.22 415.64 Novato 423.18 420.51 405.92 361.48 290.44 <!-- --> (0 comments)
marin realty group: Marin County Single Family Home Sales from 2005 to 209 - 05/15/09 05:30 PM
Yearly Volume of Single Family Home Sales since 2005 (Covering Sales from January 1st through April 30 of each year) Saus MV Belv Tib CMadera Lark SR 2005 22 115 14 39 31 26 149 2006 15 108 9 31 20 13 134 2007 22 105 12 37 26 20 141 2008 11 48 6 27 16 10 99 2009 8 46 5 12 16 10 77
Nov Kent Ross SA Fairfax Greenbrae 2005 179 26 6 60 19 15 2006 146 17 11 50 16 7 2007 122 23 8 44 25 26 2008 101 (0 comments)
marin realty group: Different Price Ranges, Different Sales Activity - 05/13/09 12:46 PM
It sure is interesting to watch Marin's monthly real estate sales in different price ranges. I break our market into 4 price ranges and calculate statistics for Single Family homes and Condos/Townhomes separately. The price ranges I use are $0 - $499,999, $500k - $999,999, $1M - 1,999,999, and over $2,000,000. The reason for that should be obvious. However, what doesn't seem so obvious is the fact that the real estate market is different for Single Family homes than it is for Condos/Townhouses. Most of the statistics you read tend to lump the Single Family statistics with those for Condos/Townhouses which misrepresents both. Looking at Marin's April sales of Single Family Homes we see a disparity in sales (0 comments)
marin realty group: What Does the Bottom of the Market Look Like - 03/27/09 12:42 PM
I'm excitedly watching as real estate's selling season starts. Typically most sales are made from March - October and it will be interesting to see how the new season progresses. I will say, with cautious optimism, that we are seeing evidence in some markets that he bottom has been hit. What does that mean? Well, first we need to see sales volume, which plummeted in 2008, start increasing. Once balance is struck between incoming inventory and properties being sold (absorption rate which is current inventory divided by # of sales in previous month) and we see inventory of 3 months or (0 comments)
marin realty group: What You Don't Know Can Hurt You - 02/07/09 02:10 PM
I had the occasion to interview a middle-aged couple who was thinking of selling their home here in Marin. They had contacted an associate of mine who works in Boise, Idaho. They drove to Boise and were shown a number of properties that were for sale. Let me start at the beginning. The motivation of this couple was centered around the wife's sprightly 94 year old mother who has been living in an "old folks" home and was not enjoying the company J She is more vibrant than many of the elders at the home and she wants to get out, (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.