All Blog Entries by Helen Luttemo

Marin real estate blog contributions by Realtor Helen Luttemo.  Contact Helen Luttemo, realtor with Marin Modern Real Esatte, for assistance buying or selling residential real estate in Marin County, California

Found 53 blog entries published by Helen Luttemo.

Anyone feeling a slowdown? I don't feel it quite yet but I sense that it is coming. The inventory is still extremely low and that makes it hard to notice a slow down as there always seem to be too many buyers competing for the same property. But with sellers continuing to "overprice" their properties, this will come to an end.  

Here is what MAR's president said yesterday:" There are a lot of questions about the market and what's going to happen as it starts to shift. Although there are homes in Marin that sell with multiple offers and an unbelievable sale price, there still seems to be some lag with other homes in the market. This morning, there were 343 active single-family homes in Marin for sale. The lowest priced one is in Novato at $529,000, and

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Has the market softened? Both yes and no. 320 Stuyvesant Dr. closed today for over asking price after roughly one month on the market. With an ideal floor plan spanning over more than 2,800 sqf, this 2-story home is situated on over half an acre, on a quiet cul-de-sac, and it backs to open space. It offers commanding views over Sleepy Hollow from several rooms and from the view decks. It also boosts a big, level yard ideal for play, entertaining and quiet relaxation. For a full description, see www.320Stuyvesant.com

Sleepy Hollow is always a very desirable area and inventory has been scarce throughout the fall, so even it the market overall is softening certain areas do better than others. If you are in the market for a home in San Anselmo,

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Is The Bay Area Real Estate Market Starting To Change?

After years of record growth it looks like the Bay Area Real Estate market is finally starting to change, especially when it comes to homes priced at $2 million dollars or more. The days of bidding wars like those that were common during the last 4 years are slowly becoming a thing of the past, or at least decreasing. This is true for Marin County as well. Buyers are acting with less sense of urgency and are taking their time to find their dream homes. Sellers are reluctantly adjusting to this "new" trend. My advise to selling clients is to "under price" their homes to ensure a lot of buzz. This strategy often leads to more than one offer, which is all it takes to drive up the price. 

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Elegant Sleepy Hollow Listing Coming this week.
Enjoy sweeping hill views in a very tranquil and private setting. Dramatic architecture displaying amazing light throughout. This is a rare find that will please the most discriminating San Anselmo buyers. Terrific value for a large 3BR/3BA home, complete with an over-sized family room, multiple view decks, 2-car garage and a BIG level lawn area ideal for play and entertainment. No sign at property, no open houses. Please email me for showing instructions.

Details:

With an ideal floor plan spanning over more than 2,800 sqf, this 2-story home is situated on over half an acre, on a quiet cul-de-sac, and it backs to open space. It offers commanding views over Sleepy Hollow from several rooms and

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Some "wow facts" about the Bay Area Real Estate Market right now

The Marin market shows contradictory signs. Prices are soaring and multiple offer situations are still bountiful, yet at the same time there are a lot of well priced inventory that are sitting there. It is random and hard to see a clear trend. Well priced luxury homes in Belvedere can be equally hard for sellers to get rid of as small condos in Marin Wood. But if we look beyond Marin County, this is what is happening:

"Oakland's housing market is still soaring even as growth cools in San Francisco, where million-dollar median home prices have left buyers searching for more affordable alternatives. The East Bay city had California's highest annual appreciation

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The Forbes neighborhood in San Rafael has long been one of Marin's most sought-after residential neighborhoods.

Located within a few minutes walking distance from down town, it provides an unmatched convenience and life-style opportunity for its residents.

The wide streets are lined with beautiful, mature trees which crowns meet and create magical, green, shady "tunnels". Lush greenery and flowers spill over the white picket fences adorning the sidewalks. Victorian homes, Craftsmans, cottages and bungalows all create a welcoming palette for the eye. And in the midst of everything is the wonderful "West End Nursery" located. Who would not want to live in such a beautiful neighborhood?

Over the years, I've sold numerous homes in

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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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 mv_hike_400self_reflection_hike_san_rafael_400

Hiking is one of the most peaceful sports activities you can do. What is nicer than getting exercise without noticing and being surrounded by family and friends while enjoying some striking views served up by mother nature?!

Marin County is a fantastic place for hiking. Majestic Mt Tam is almost constantly present - close up or in the far distant. Thanks to Marin's Mediterranean climate the hiking is pleasant all year round and the nature is green and lush all year round. 

You can pick and chose between hikes with panoramic Pacific Ocean views, or you can walk in the dense "jungle look a like" low valleys where the redwoods are towering so tall you can't see more than 1/3 of them!

The smell of fir cones, tree resin, bay leaves and

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One of the nicest places to live on earth - Marin County, CA.

What makes Marin County, CA so attractive to call home? People from all over the US, and from all corners of the world, move to Marin County, CA. As a consequence Marin boosts some of the highest real estate prices in the world. Still, that doesn't seem to scare anyone away.  So what really is it that makes Marin so special?

Let's start with the people. The fact that Marin is as attractive for lawyers, hippies, doctors, writers, landscapers, priests, geologists, contractors, musicians - tells it all. This makes for a very interesting cultural. Since the lifestyle here is very unpretentious and casual, you will actually run into all kinds of people when you are out and about.

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Large Homes in Marin County for under $1M, do they exist?

Considering the latest news articles about the Bay Area market, it may sound unbelievable that you can still find a nice condition, move in ready, large 5BR home in Marin County for under $1M.

I just sold one so I know it is possible. This was a smart buy of my clients who took some calculated risks as they were ready to wait if they had to. But we managed to negotiate the price and this beautiful family home on 95 Portsmouth Dr in Novato is now what they call home. Close to 3,000 sqf, elegant yet practical floor plan. Hardwood floors mixed with soft new carpeting. Granite counter tops and stainless steel appliances dominate oversized kitchen. Master bedroom with walk-in

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