Quick tour of homes in Mill Valley 3/10/10…

I was touring today in Mill Valley. It’s always a treat because you never know what you’ll find or where that special gem is hidden. I previewed the following properties:

14 Albert Lane
21 Hilarita Ave Read more

Marin County ~ One of America’s Richest Counties…

Forbes just released its list of Top 25 Richest Counties in America and Marin County came in 18th. Stats are as follows: Read more

HUD: NEW RESIDENTIAL SALES IN JANUARY 2010…

The median sales price of new houses sold in January 2010 was $203,500; the average sales price was $254,500. The seasonally adjusted estimate of new houses for sale at the end of January was 234,000. This represents a supply of 9.1 months at the current sales rate.

Read more

Q 3 Report for Marin, Alameda and Contra Costa 2008 vs 2009

 Want to know what’s going on in today’s market? Check out the Q3 report for Marin, Alameda and Contra Costa Counties ~ single family homes.  Read more

What’s happening in Oakland 94610, 94611 and 94618…

The chart shows the combined Oakland zip codes of 94610,94611 and 94618 for the past 15 months.  You will see a tremendous dip in sales and price that bottomed in January.  The rise since then is so steep and clear that prices have almost completely recovered from June of last year.  Needless to say, there is still a long way to go. Read more

Why Right Now is a Great Time to Invest in Real Estate…

Times may seem tough right now in many parts of the world but if you focus on the positives, there are many benefits to be had. The real estate industry, for instance, is one sector which offers great opportunities for investors during a financial crisis.

In Australia, the real estate market is showing positive signs for people wanting to purchase property for investment purposes. Read more

What $800K can get you in the Berkeley Hills…

Looking for a “bargain” in one of the most fantastic areas of the East Bay? Then you’ve gotta check out 2564 Buena Vista Way. Described as a romantic Spanish Mediterranean Home in North Berkeley near the campus, it has bay and bridge views, cathedral ceilings, carbed trusses, period details, 2 master suites, 2 fireplaces and a suny and bright enclosed atrium, waterfall and lily pond! At $800K up in the hills this is truly a bargain for the area. Read more

Alameda County Statistics 3/08 to 3/09…

Want to know what’s going on in Alameda County? It’s on FIRE!! Multiple offers are common place. Cash buyers are everywhere and FHA buyers are having a hard time. It’s as if we are back in 2005/2006. If you are looking at property under $400K you better run to that property and put in a bid.

Offers without contingencies are back. Offering 30, 40, 50K over asking is not unusual. Appraisals are a pain in the ass. Not the appraiser but the system itself. Getting an appraiser that is familiar with a local area is a crap shoot, a roll of the dice. Today you need to move fast, be creative and have an agressive offer price with sweet terms. Read more

HUD: Tax Credit Can Be Used on Closing Costs

FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development on so-called home buyer tax credit loans that was released today.

Under the guidance, FHA-approved lenders can develop bridge loans that home buyers can use to help cover their closing costs, buy down their interest rate, or put down more than the minimum 3.5 percent. Read more

Marin County Housing Stats…

Marin is an interesting market. There is 8 1/2 months worth of  of inventory on the market right now. A slight decline over the last two months but still a significant amount of inventory for buyers to choose from.  The average days on market is 95 which has been consistent since February 2008.  The median price for a home in Marin County fell between $675K and $780K for the last 5 months. Read more

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