May 2016

Found 9 blog entries for May 2016.

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It is my pleasure to assist clients with real estate purchases and sales throughout Marin County and adjoining areas but, as a resident of San Anselmo (only a block or so from Downtown), my particular interest is in this very special area of Marin. I often write about restaurants or local events, but today, since we are in the midst of the spring selling season, wanted to follow up on last month's report on San Anselmo home prices.

Our previous report focused on the first four months of 2016, noting that 37 Single Family Residences (SFR) and 3 Condos sold during the period. Let's take a look at the similarities and differences. When we compare statistics from the first 29 Days of May, we see that 13 SFR's and 1 Condo sold during the period.

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Fabulous Location

Located on one of the most prestigious streets and best location in Greenbrae, this home has been lovingly maintained by the same owner for over 50 years. It is Southern facing with an abundance of natural light. It features 4 bedrooms and 2 bathrooms with a 2-Car attached garage. There are 3 generous-sized bedrooms and a full bath on the main level and a large master suite over the garage. There are hardwood floors throughout with a fireplace in the living room and the kitchen opens to the backyard.

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Opportunity Knocks

This home has tremendous potential for a new owner to create a real showplace in keeping with the surrounding homes and neighborhood.  It's minutes to the Larkspur Ferry Terminal for those commuting to San

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I had the pleasure of representing the buyers on the purchase of their "retirement" home at 5 Pacific Drive in Novato.  Built in 1995, this Southern Novato home features 5 bedrooms, 3 baths, soaring ceilings, beautifully remodeled kitchen and a mezzanine addition perfect for a pool table. This home offers the location they wanted and the outdoor space and privacy they desired for gardening and entertaining. After a year-long search, my clients found the perfect home, a home that enabled them to take advantage of Prop. 60.  Their home of 30+ years in Corte Madera where they raised their family just came on the market today. www.20echoave.com

 

Janis Peterson, Realtor, 415-271-3109 or Janis@MarinModern.com


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fairfax-festival-2016-poster-e1462060151634_01If you haven't been before, I highly recommend that you attend this iconic festival. Each year brings out the neighborhoods competing for the prize of "Best Float" during the parade that kicks off the festival Saturday morning at 10 am. There is also a great sub festival called, Ecofest that is held up at the Pavillion. Lots of eco product booths and an organic wine bar. You won't want to miss the multiple stages with different bands, too. Here is the site directly. Fairfaxfestival.com
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Custom built 2001 Mediterranean estate located on one the best lots in the highly coveted Marin Country Club Estates neighborhood of Ignacio Valley. This home exudes quality, elegance, and sophistication from the stunning curb appeal, to its grand entrance, breathtaking views, and lush landscaping that surrounds the entire property.

Features include 4,600+ sq. ft., 5 bedrooms, 4.5 baths, 3 of which are suites; Master suite has a separate sitting area, his-her walk-in closet, private terrace, Jacuzzi tub. The main levels large Gourmet Island Kitchen with Chefs quality stainless appliances, walk-in pantry shares it space perfectly with the Great Room, and flows right into the formal dining and family room, all with high quality finishes and

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Situated at the very end of the street in this exclusive neighborhood on over half an acre, is this one of a kind, remodeled, contemporary, 3 level home with spectacular views from every room.  Overlooking Marin Golf & Country Club, the home is surrounded by breathtaking views of the lush green hills and golf course. With six bedrooms, 5 full bathrooms, plus two additional bonus rooms, there is plenty of space for all!
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How is the Marin real estate market? Inventory remains low and prices continue to increase. Marin's median home price is now $1,225,000. This can be compared to San Francisco's $1.4M and Silicon Valley's $3M. We appear "normal" when compared to our closest counties, but we are far off the chart compared to the rest of California. This is what CAR's Chief Economist says about the current market: "The economic fundamentals continue to support overall home sales growth, but a lack of housing inventory also will fuel more market competition as housing demand remains on an upward trend. Thin housing supplies appear to be the driving force behind the increase in sales-to-list price ratios, with the ratio rising in 28 of 40 reporting counties."

I can only agree

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A Blend of Style & Comfort 

This home showcases the Marin lifestyle at its best. It has been beautifully expanded and remodeled in a casual and comfortable style that is warm and inviting the minute you walk through the front door.  It features 3 bedrooms, 2 full bathrooms, an open floorplan, high-end remodeled kitchen, family room, living room, and master suite addition. Ceilings have been raised, skylights added, beautiful hardwood floors throughout, recessed lighting, crown molding, Attention to detail is obvious throughout including solar panels and many other environmentally friendly features.

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20 Echo features a "cook's" kitchen with Subzero Refrigerator, Wolf Range and infrared grill and pot filler, Built-in Miele Coffeemaker and Microwave,

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I just read a very interesting article by Kenneth R. Harney, who writes a syndicated column, The Nation's Housing, (New York Times, Chicago Tribune, Inman News, etc.) titled, "Fannie Mae Making Credit Habits into Mortgage Issue." The article was saying that folks with credit cards are considered either a "revolver" or a "transactor" which is determined by whether they make small or minimum payments on their credit card (revolver) or whether they pay off their credit card debt in full each month (transactor). 

Up to now lenders didn't care which we were as long as we were current on any payments.  Credit reports show exactly that too-whether you are current or whether you are in default or late on any and they never showed what we

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