The Novato single family home market seems to be forming a bottom. Prices appear to be leveling out and the percentages of entry level homes in escrow are very high. I know that many foreclosure sales and short sales are getting multiple offers. I have several clients who have faced as many 9 to
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07/18/2009
This year has been peculiar in real estate. Obviously, prices are down in all categories. Obviously, short sales and foreclosures are featured on many buyers' dance cards. And obviously, the market is suffering from a negative feedback loop fed by the media. I spend all day, every day, talking wi
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07/01/2009
As noted in prior reports this year, Marin County, CA's luxury segment is slow and currently weighted towards homes priced under $4 million. In fact, not a single home priced over $4 million sold in May 2009 and just 2 are currently in escrow (although that could change in a moment as the domino
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07/01/2009
As inventory collects in Southern Marin's toniest locales (Belvedere and Tiburon), we are starting to see and hear about more offers being submitted. Certainly, sellers frustrated by the lack of activity have in some cases taken what they could get. Most recognize that our new economy, post-Equit
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07/01/2009
