July 2018

Found 8 blog entries for July 2018.

Picture of 59 Alconbury Way, Novato

My clients just became the newest owners of this lovely family home at 59 Alconbury Way in Novato's Hamilton Field. In a convenient commute location, close to stores, restaurants, and services, and featuring 3 bedrooms, two baths, and a large two-car garage, it has everything they need. They're looking forward to moving in and becoming a part of this quiet, well-maintained neighborhood.  If you're looking for your next home and an innovative, persistent advocate to help with your search, call me; I'll look forward to hearing from you.

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Lack of Listings Slowing Down the Market | MyKCM

As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will continue to strengthen throughout 2018.

However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory!

Here’s what a few industry experts have to say about the current inventory crisis:

Lawrence Yun, Chief Economist for the National Association of Realtors

“Inventory coming onto the market during this year’s spring buying season…was not even close to being enough to satisfy demand, that is why home prices keep outpacing

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25 Canyon San Anselmo sold by Ary Assadi

So excited to get my clients into this beautiful 3BD/2.5BA home at just under 2,100 SF. Built in 1996 this home is absolutely turn-key. The inspections came back with absolutely no issues and the home is located in the most serene woodsy setting in the hills of San Anselmo. We initially began our search for homes in the East Bay, but quickly realized that there were betty deals to have had in Marin. Taking advantage of the slight summertime lull in the market we quickly snatched up this home for $1,200,000. I couldn't be more overjoyed for my clients who now have their new home and enough space to welcome their second child in a couple of months!   Ary Assadi
Marin Modern Real Esate Ary@MarinModern.com 415-216-5653

 

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340 Olema Road Fairfax CA 94930 - Off Market Listing!

340 Olema Road Fairfax - Off Market

A rare and unique property in the flats of Fairfax CA! 340 Olema Road Fairfax is a magnificent property that will appeal to a wide range of luxury home buyers. Perfect for active empty nesters or early retirees that want one level living as they look towards the future yet are still enjoying outdoor activities, gardening and entertaining. Also ideal for families or young professionals that want to enjoy the ample indoor and outdoor spaces. Property is .955 acre of flat usable space with well defined areas, beautifully landscaped and ideal for those that want to enjoy the outdoors at home.

340 Olema Road Fairfax - Great Room

The house has a rustic yet contemporary feel with hand scraped reclaimed white oak flooring and

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Rising Interest Rates Have Not Dampened Demand | MyKCM

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment.

First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), in which they surveyed title and real estate agents across the country about the impact of rising rates on first-time homebuyers.

Real estate professionals around the country have not noticed a slowdown in demand for housing among young buyers; nearly 93% of all first-time homebuyers last quarter were between the ages of 21-35, with the largest share of buyers (51%) coming from those ages 26-30.

First

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955 Bolinas Road Fairfax CA 94930 - Love at First Sight!

955 Bolinas Road Fairfax CA 94930 Sold

Buying a house is extremely personal for most people. There are so many features to consider. City, location/neighborhood, view vs no view, walk to town, garage vs carport, and all of the specific house details. My advice to buyer clients is do not try to force yourself into thinking a house is THE ONE. You have to feel that it's right and then make sure it has all the particulars that are important to you. Once in awhile the house and buyer are a perfect match - love at first sight!

955 Bolinas Road in Fairfax. The last house before the Meadow Club with sweeping views of the surrounding forested hills and valleys. Built in 1985 this home has an organic relationship to the lot from it's

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1817 California St. #106, San Francisco

Just Sold! 1817 California #106. Fred Anlyan and Cari Gennarelli just sold this Beautiful Pacific Heights 1-Bedroom Condo for $680,000----- $30,000 over asking! Total transformation with new interior paint, carpet, staging. Building has Swimming Pool and Sauna too! Just a short 1/2 Block from Whole Foods Market and Franklin St. Close to transportation, restaurants, cultural events, and more. Tech buses stop nearby. We wish the Lucky Buyer All The Best!

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Buying This Summer? Be Prepared for Bidding Wars | MyKCM

Summer is traditionally a busy season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on those buyers who are looking to purchase before the new school year. This year will be no different!

Buyers have already been out in force looking for their dream homes and more are on their way. The challenge is that the inventory of homes for sale has not kept up with demand, which has led to A LOT of competition for the homes that are available.

A recent article by the National Association of Realtors touched on the current market conditions:

“Realtors® in areas with strong job markets report that consumer frustration is rising. Home shoppers are increasingly struggling to find an affordable

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