Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1
However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of 74.5% in April.2 While this trend could be attributed to seasonality, it could also be a signal that the real estate... View More
Multimillion Dollar Properties in Marin County Continue to Hit the Market - Real Estate Porn Volume 5
I have started a trend for myself and now must visit at least one multi-million dollar property each week during the Thursday Brokers Tour. These homes encompass our dreams and fantasies and what better way to support your dreams than experiencing it first hand.
Who doesn't play the game, "when I win the lottery I will... View More
How is the Real Estate Market in Marin County, CA?
This is the number one question asked by friends, family and strangers. Are they just making polite conversation or is just about every person looking for answers in this crazy fluctuating and ever-changing market?
Maybe both? My direct market, Marin County, CA with 20 distinct areas as designated by BAREIS, our local MLS (multiple listing service) produces an equal amount of "Markets". Meaning, you will get a different answer to the question, "How's the market" depending on what city, area and price... View More
Marin County Real Estate - Luxury Living in San Rafael, Yes it's True!; Real Estate Porn Week 3!
Who says you can't find luxurious living in San Rafael! San Rafael, CA 94901. My hometown and now my place of business. The appeal of San Rafael to me today is the same as it was 35 years ago. It's the melting pot of Marin, the most diverse city, by far, in our extremely affluent county and the last City before hitting the most Northern city of Marin, ... View More
Homes for Sale in Marin County, CA - Average home price 2010 to 2011 up or down?
Turns out in Marin County, like home prices, inventory levels, Days on Market and sale price vs. list price it all about location, location, location! In two cities the average home price is up from 2010 to 2011 Year to Date in all others it's down. Makes answering the questions, "have we hit the bottom", or "hows the market" or "are prices going back up" difficult to answer. Check... View More
Marin County Real Estate - 1965 to 2010: Puts things in Perspective! Look at this graph and what do you see? The obvious, like 2007 prices were off the charts and homes were truly affordable in Marin in the 60's, 70's and into the mid 90's. My parents bought their second home in San Rafael, CA in Marin County is 1963, the year I was born for about $40,000 which according to the chart is right on. It was a decent size house, nothing fancy but... View More