buying: Luxury Homes Report (July 2009–Sales and Inventory Analysis)
- 07/30/09 03:16 AM
Marin County, CA’s luxury real estate market segment is slow and remains weighted towards homes priced under $4 million — just one home priced over $4 million sold in June 2009 and it was an off-the-market sale. The number of sales in June 2009 is off by over 40% from June 2008, yet the average price of sold homes is down just 3% from last year. In Marin, only the homes with special locations, views, or features seem to be getting significant attention. For a detailed snapshot of current national trends from the Institute for Luxury Home Marketing dated July 19, … (0 comments)
buying: Mill Valley CA (Luxury Homes & Real Estate — Home Selling Update 2009)
- 05/09/09 10:11 AM
We are consistently asked by our clients (sellers), "when will our markets return to normal?" We formed our definition of a normal Marin County market in our Q3 2008 Luxury Newsletter (call us for a copy) only to be followed by the October '08 stock market meltdown. A normal Mill Valley market over the past ten years has been an annual average of 377 single family homes sold (31 per month). For the past six months the total has been 78 (16 per month). The number of units sold is off roughly 50%. Without closings we have limited comparables to make … (0 comments)
buying: Who Pays What? -- Costs of Buying / Selling Marin County Homes
- 09/25/07 06:14 AM
The Seller generally pays for: real estate commissiondocument preparation fees for the deeddocumentary transfer taxespayoffs for all loans against the propertyjudgements, liens, etc. against the sellerrecording charges to clear documents of record against the propertyprorated taxesany unpaid HOA duesany tax delinquenciesnotary fees incurred by sellerbonds or assessments (as agreed in contract)home warranty (as agreed in contract)The Buyer generally pays for: title insuranceALTA inspection feesescrow feesapplicable document preparation feesrecording charges for documents cast into buyer's nameprorated taxesHOA transfer feesloan chargesinterest on new loan(s) from the date of funding to 30 days prior to date of first paymentinspection fees (pest, home, roof, etc.)homeowners policy's first yearnotary … (0 comments)
buying: Punxsutawney Phil—May the Buying Season Begin!
- 02/02/07 09:48 AM
Today, Punxsutawney Phil (my favorite groundhog), predicted an early spring. We all know what that means! Let the home buying begin! Today even felt a little like Spring around here.... I love Marin!!! In fact, I may go out and buy something myself--after all, prices are as good as they are likely to get. … (1 comments)
buying: Bubble Sitters Beware
- 08/11/06 06:53 AM
With frequency, I am hearing intelligent people who are thinking of buying a home or condominium tell me that they are ready to buy. "But," they say with twinkle in their eyes, "we are going to wait for prices to come down." Now, I understand that there is lots of media coverage on the "The Bubble" and that this concept resonates with lots of folks (especially those who live in overbuilt areas subject to price reductions. However, in Marin (and the Bay Area in general) that logic has not historically applied. While prices dipped up to 30% in Los Angeles in the early … (1 comments)
buying: Marin County Absorption Rates Becoming Bloated
- 07/26/06 07:53 AM
Marin County, California sits just north of San Francisco and boasts some of the most expensive real estate in the nation. Last month, the median home price in Marin County again tickled the million dollar barrier, falling just short of that astonishing threshold. While those living in Marin (Mill Valley, Tiburon, Belvedere, Ross, Kentfield, San Anselmo, San Rafael, Greenbrae, Corte Madera, Larkspur, and Novato) are often well-heeled, they are not immune to the effects of rising interest rates and the overwhelming barrage of mostly negative media coverage of the "state-of-the-market." While prices in Marin have continued rising incrementally over the past few … (0 comments)
Christie's Great Estates | Pacific Union International
Office: (415) 448-1118
Mobile: (415) 350-9440
Real Estate information about Marin County, California--Mill Valley, Sausalito, Tiburon, Belvedere, Corte Madera, Larkspur, Greenbrae, Kentfield, Ross, San Anselmo, San Rafael, and Novato. Community descriptions, sales information, and more.
Marin County, CA’s luxury real estate market segment is slow and remains weighted towards homes priced under $4 million — just one home priced over $4 million sold in June 2009 and it was an off-the-market sale. The number of sales in June 2009 is off by over 40% from June 2008, yet the average price of sold homes is down just 3% from last year. In Marin, only the homes with special locations, views, or features seem to be getting significant attention. For a detailed snapshot of current national trends from the Institute for Luxury Home Marketing dated July 19, … (0 comments)
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