Marin Real Estate Blog

41 Stasia Drive Novato CA 94947

Catch this Just Listed home in Novato this coming weekend – Open October 27th and 28th 1-4pm.

41 Stasia Drive Novato Just listed

The perfect starter home with potential for growth! Move right in to this updated 3-bedroom, 2 bath single level home in the highly desired Pleasant Valley neighborhood.

 41 Stasia Drive Patio & Deck

Land in front, land in back and land on both sides creates a private oasis with room to use your imagination! Vineyard? Bocce court? Terraced vegetable garden? Side yard is big enough to store a boat or create a large play area for pets or kids and still enjoy a spacious backyard. Backyard is fully fenced with grassy play area, a hot tub, deck and tiled patio. Perfect for outdoor living.

Kitchen boasts stainless steel appliances, new tile

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Why Has Housing Supply Increased as Sales Have Slowed Down? | MyKCM

According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers.

For over three years leading up to this point, the exact opposite was true; Inventory dropped as sales soared.

NAR’s Chief Economist Lawrence Yun shed some light on what could be contributing to this shift,

“This is the lowest existing home sales level since November 2015. A decade’s high mortgage rates are preventing consumers from making quick decisions on home purchases. All the while, affordable home listings remain low, continuing to spur underperforming

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Coming this week, Remodeled, Vintage-1940's 4 Bed/3 Bath home in San Rafael's West End, Santa Margarita Neighborhood . Chef's Kitchen, Private, fenced yard, attached 1-car garage with interior access. Desirable location just between downtown San Rafael and San Anselmo, and accessible to both. Great commute location near 101 and public transportation. Open Thursday, Nov 8 11:30-2:30, Sunday, Nov 11&18, 1:00-4:00 pm.

118 Tamal Vista Drive, San Rafael

 

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I am thrilled to announce my new Coming Soon listing in Mill Valley.

This recently updated 1,783 sq. ft., 3 bedroom, 2.5 bath home featuring an open kitchen, dining and living room area with panoramic views and a deck to the yard that make it perfect for entertaining. Upper level has a master suite with views of the bay, Angel Island and Alcatraz, two bedrooms and second bathroom with a double sink floating vanity. This unique property has a 2 car attached garage, laundry room, ample storage and a useable yard. Adjacent to expansive open space with access to hiking and biking trails and an easy commute location, just minutes to the freeway.

Please visit the property website for more details and take a virtual 360 tour:

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Just Sold! Even with several competing neighborhood listings, this beautiful, light and bright contemporary 3 bedroom, 2.5 bath Lucas Valley Estates home sold quickly. To learn how to increase your chances of a successful, quicker, more trouble-free sale, please call me. I'll look forward to hearing from you!

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In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com reported that:

  1. New listings jumped 8% year-over-year nationally, the largest increase since 2013
  2. Total listings in the 45 largest markets are now up 6% on average over last year

This increase in housing inventory has sparked two different reactions. Some are saying this is the first sign of a potential collapse while others are saying it is a welcomed reprieve from the lack of inventory that has stalled the market recently. As Zelman & Associates reported in a recent ‘Z Report’:

“With the rate of home price appreciation starting to decelerate alongside the uptick in inventory, we expect significant debate whether this is a bullish or bearish

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For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?

Here’s what some of the experts have to say on the subject:

Aaron Terrazas, Senior Economist at Zillow, says that “Boomers are healthier and working longer than previous generations, which means they aren’t yet ready to sell their homes.”

According to a study by Realtor.com, 85% of baby boomers indicated they were not planning to sell their homes.

It is true that baby boomers are healthier and are thus working and living longer, but are they also refusing to sell their homes? 

Last month, Trulia looked at the housing situation of seniors (aged 65+) today compared to that of a

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Are We About to Enter a Buyers’ Market? | MyKCM

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening?

The market has definitely softened. However, according to two chief economists in the industry, we are a long way from a market that totally favors the purchaser:

Dr. Svenja Gudell, Zillow Chief Economist:

“These seller challenges don’t indicate we’re suddenly in a buyers’ market – we don’t expect market conditions to shift decidedly in favor of buyers until 2020 or later. But buyers certainly are starting to balk at the rapid rise in prices and

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I recently received a call from a young couple who was relocating their family to the Bay Area from Los Angeles due to a job transfer. They were under a time crunch because they were in the process of selling their current home and needed to make a contingent offer on a new home. After spending just two weekends in the car with in order to familiarize themselves with the various Marin neighborhoods, I had a pretty good idea of what they were looking and they had decided on a couple of areas that would be suitable both for their children's school but also for the daily commute to work.

It didn't take long for us to find this gorgeous 4BD/3BA, two story home with over 2500 square feet. We succeeded in having our offer accepted at the asking price

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340 Olema Road Fairfax CA 94930 - Sold Off Market!

This home has it all! Located on .955 acre lot in the flats of Fairfax. The one level ranch style home is the centerpiece for this gorgeous, smart and well thought out property. Imagine living in a landscaped park with solar heated pool, changing room/full bath and storage, open platform tree house, expansive lawn, raised bed gardens, greenhouse, multiple decks, fire pit, detached guest house, over sized two car garage and ample off street parking! Really! What else could you possibly want in a home?

 340 Olema Road - sold off market

Main house offers 4 bedrooms, 2.5 baths with open concept kitchen/living/Dining. Rustic wood features and a river rock gas fireplace create a cozy hang out space complete with accordion door and

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