Bubble Bloggers, Doom and Gloomers and sometimes a touch of humor... - 09/26/07 09:43 PM
     This is not an endorsement of some profoundly virtual negative types. But, in the hope of creating (and maintaining) an open forum for ideas (whether you agree with these bloggers or not) here's a little piece from the dark side of real estate blogs.  If you can look past the underlying bitterness that's laced throughout these blogs, you'll find that there are occassionally some creative insights, and good ideas.  Also, and this is the best part, the sarcasm and humor here is often pretty funny. Don't take any of this too seriously ,and enjoy.Bubble Blogger links:Reality ParserThe Housing Bubble BlogBubble MeterPiggingtonPaper MoneyHousing Bubble BustHousing PanicHousing … (4 comments)

The Martha Property - 09/17/07 11:06 AM
On August 28, 2007 the Marin County Board of Supervisors approved a legal settlement that gives the Martha Company the right to build 43 homes on it's 110 acres on the tip of the Tiburon Peninsula. Although this tract of land is located in Tiburon ,it is an area that is governed by the County of Marin.  Ariel view of Martha Property 110 Acres in Tiburon, California      Key parts of this settlement agreement are:* Reaffirms a 1976 judgment that gives the Martha Company the right to build 43 home sites on 1/2 acre lots* Some homes will be permitted on the Tiburon Ridge and "upland … (1 comments)

Jumbo Loans in Marin County, California - 09/17/07 10:51 AM
As simply as possible...     Due to the price of real estate in Marin County the "Jumbo Loan" is the primary loan that is used. The guidelines offered here are in a state of flux due to the changing mortgage environment.  Due to the mortgage liquidity crisis, and the record number of defaults, the requirements or guidelines have become more stringent during the last couple of months.     A "Jumbo Loan" is any loan amount in excess of $417,000 and is also refered to as a "non-conforming loan."   Conforming loans are any loan up to $417,000.  There are rumors that Fannie Mae will … (0 comments)

Congress and the Mortgage Industry - 09/17/07 10:16 AM
     Top economic minds have been clamoring for federal action to help out the estimated 2 million people who are in danger of losing their homes.  It may take more dire circumstances to push Congress ,and President Bush to do something.  Why aren't the candidates running for the Presidency in 2008 making more of an issue out of this?     President Bush has suggested that borrowers could refinance their mortgages with fixed rate loans under a cautious remedy proposed by Bush on August 31, 2007.  This will only to only the 80,000 who have 3% equity in their home and can prove their original … (2 comments)

Marin County Real Estate Market Trends September 15, 2007 - 09/15/07 02:07 PM
     No one knows better then the Marin Independent Journal that dramatic Real Estate headlines sells newspapers. On Friday, September 14, 2007 the IJ's Headline screamed, "Marin Home Sales Take Dive!".     Once more the Marin County Real Estate median price hits the $1 million dollar mark, while home sales for August 2007 dropped off 32% from August of 2006. In Marin, homes priced under $1 million were off by 39.8 percent between 2006 and 2007.  Specifically, in Novato, single family homes home sales were half of what they were a year ago. In contrast there was only a 23% drop off in Mill … (0 comments)

Win a $2,100,000 Home in Marin County, California - 09/11/07 09:14 AM
   A San Rafael-based nonprofit is hoping to fund its programs for the poor by offering raffle ticket buyers the chance to win a San Rafael "dream home" priced at $2.1 million.    Community Action Marin - which operates 15 programs that focus on mental health services, early childhood development, HIV/AIDS, food programs, the homeless and more - will sponsor three drawings over the next five months. In addition to the house, which is the grand prize, Community Action Marin will give away 349 smaller cash prices, ranging from $300 to $25,000.    "The fact that the local anti-poverty agency is raffling off a $2.1 million … (2 comments)

"Neighborhood News" Miller Avenue Controversy in Mill Valley, California - 09/07/07 09:17 AM
Ivan Poutiatine is a 40-year volunteer, having served on citizen committees, the Mill Valley Planning Commission, City Council and 30 years on the Marin Theatre Company board writes:
     I ATTENDED the joint meeting of the Mill Valley City Council and Planning Commission on July 30, which was a public hearing on the Miller Avenue Precise Plan.I was shocked by the amount of negative comment and opinion. I was surprised because planning for the future of one of Mill Valley's main thoroughfares is a good and proper function of government.
Allowing piecemeal, hodge-podge development to define this public space would be to … (0 comments)

"Neighborhood News" Mill Valley's Sweetwater Saloon to close - 09/05/07 06:36 PM
     After more than 30 years in Mill Valley, Sweetwater, the rock club that became a Marin County cultural institution, has been told to close by the end of the month. Sweetwater owners Thom and Becky Steere have been given a 30-day notice by their landlord to vacate the landmark Throckmorton Avenue nightspot, where greats like Jerry Garcia, Carlos Santana, Elvis Costello, Bonnie Raitt and other rock stars have performed over the past three decades.      The building will undergo major improvements, requiring rent increases that the Steeres cannot afford.Mill Valley Mayor Chris Raker, who was surprised to hear of the closure, … (0 comments)

"Neighborhood News" A fond farewell to Mill Valley's Village Music - 09/05/07 06:32 PM
     THE LAST last year is the best year for John Goddard. In the final months of his four decades as the owner of Village Music, the famed record store in Mill Valley, Goddard is, in his words, "having a ball."      "I'm getting a lot of support from people, and it makes me feel good," he says as a vintage Carla Thomas album plays in the background. "Business is really good. People are coming out of the woodwork. Ry Cooder called me and said, 'Would you like me to do an in-store?' Elvis Costello is going to do an in-store … (0 comments)

Real Estate Disclosures - 09/02/07 11:03 AM
     How many times have you come home, opened up your garage door, and there in the middle of your garage is a Weapon of Mass Destruction?      You ask yourself," will I have to disclose this to prospective buyers?"  So you call your Realtor, wondering if this could have a negative impact on the sale of your home and ask, "will I have to disclose this?"  Fortunately you're working with a reputable Realtor that turns the tables on you and asks, " would this have a negative impact on your perception of value if you were the buyer?"  And, there's your … (1 comments)

 
Mark Lomas, Mark Danforth Lomas (Santa Barbara Real Estate) Rainmaker_large

Mark Lomas

Mark Danforth Lomas

Santa Barbara, CA

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