san rafael: Marin County, CA. Real Estate Update — July 2009 (Homes For Sale & Price Ranges) - 07/30/09 10:10 AM
The Marin County, CA real estate market is a mixed bag. Recent escrow activity levels have been refreshing, if not invigorating. New escrows generated in April – June 2009 represent the three best months since June ’07. This progress seems to be continuing. In fact, we could experience the busiest summer in MarinCounty real estate in recent years.
This increase in activity (not price appreciation) follows the slowest six month stretch we have seen in sixteen years. Closings of Marin County single family homes in the 4th quarter of 2008 (457) was the lowest since 1994. Closings in 1st quarter 2009 (222) and 2nd quarter ’09 (421) both set … (0 comments)

san rafael: San Rafael CA Real Estate Market Report (July 2009 Home Sales Update) - 07/18/09 04:14 PM
As Summer sets in, San Rafael CA’s real estate market has slowed a bit. It is increasingly fueled by foreclosures and short sales. The low end (under $600K) remains hot (67% of homes in escrow, compared with 64% in June 2009) and the $600K to $800K price band has seen steady activity with 35% of homes in escrow.
Increased affordability, low interest rates (rates are down from the time of last month’s report), an increased presence of FHA loans, and a shifting mindset by both buyers and sellers, are all resulting in a strengthening market. Additionally, the $8K tax credit for … (0 comments)

san rafael: San Rafael CA Real Estate Market Report (June 2009 Home Sales Update) - 06/21/09 12:06 PM
Moving into the Summer, San Rafael CA's real estate market is increasingly fueled by foreclosures and short sales. The low end (under $600K) has been hot (64% of homes in escrow). Meanwhile, the $600K to $800K price band has seen a surge in activity with 38% of these homes in escrow, up from 29% in May 2009. Increased affordability, low interest rates (although not as low as they were), an increased presence of FHA loans, and a shifting mindset are all resulting in a strengthening market. Additionally, the $8K tax credit for first time home buyers is likely helping pull some … (0 comments)

san rafael: San Rafael CA Real Estate Market Report (May 2009 Home Sales Update) - 05/15/09 10:15 AM
As noted last month, San Rafael CA's real estate market is increasingly fueled by foreclosures and short sales. The low end (under $600K) is just on fire with "fire sale" prices. We are currently experiencing an amazing 69% pending ratio for homes priced at or below $600K (up from 31% in February). San Rafael's bread and butter homes, priced between $600K and $800K continue selling at a moderate pace with 29% of homes in escrow. Increasing affordability, low interest rates on conforming loans, an increased presence of FHA loans, and a shifting mindset are all resulting in a strengthening market. Additionally, … (0 comments)

san rafael: San Rafael CA Real Estate Market Report (April 2009 Home Sales Update) - 04/17/09 05:51 PM
 San Rafael CA’s real estate market is increasingly fueled by foreclosures and short sales. We are currently experiencing 44% pending ratio for homes priced at or below $600K (up from 31% last month). Although San Rafael’s low end is not as strong as Novato’s, it is certainly gathering momentum. Importantly, San Rafael’s bread and butter homes, priced between $600K and $800K continue selling — 32% of these homes are in escrow (up 1% from February 2009). Increasing affordability, low interest rates on conforming loans, and a general shift in mindset are helping many buyers in the lower price ranges attain home … (0 comments)

san rafael: San Rafael CA Real Estate Market Report (April 2009 Home Sales Update) - 04/15/09 11:10 PM
San Rafael CA’s real estate market is increasingly fueled by foreclosures and short sales. We are currently experiencing 44% pending ratio for homes priced at or below $600K (up from 31% last month). Although San Rafael’s low end is not as strong as Novato’s, it is certainly gathering momentum. Importantly, San Rafael’s bread and butter homes, priced between $600K and $800K continue selling — 32% of these homes are in escrow (up 1% from February 2009). Increasing affordability, low interest rates on conforming loans, and a general shift in mindset are helping many buyers in the lower price ranges attain home … (0 comments)

san rafael: Southern Rock Fans Read On … or … “Ramblin’ Man” Come Home (Auction Sale, San Rafael (Marin County), CA) - 04/14/09 11:17 PM
The former home of Southern Rock legend Gregg Allman is being auctioned off on April 21st. This is a big home (a "vacation-like retreat offer(ing) a remodeled 4BR 2.5BA main residence with approx. 2,671 sf and a state-of-the-art kitchen and walls of glass, fabulous guest house with great room and separate BR/BA, former professional recording studio has been converted into multi-use space. Luxurious pool and spa, waterfall, tropical gardens, amazing views, 2000+/- sf decks - all on over an acre private paradise)," according to the description on the auction site.

Further, this home was "[b]uilt in 1978, the architectural elements of … (0 comments)

san rafael: San Rafael Real Estate Market Report (March 2009 Home Sales Update) - 03/19/09 10:35 PM
Following Novato's lead, San Rafael's real estate market is gathering momentum at the low end as foreclosures and short sales drive the market. We are currently experiencing 31% pending ratio for homes priced at or below $600K. Although not as strong a market segment as Novato, I would still characterize it as competitive price band.
Importantly, San Rafael's bread and butter homes, priced between $600K and $800K continue selling at a rapid clip - 31% of these homes are in escrow (up 2% from January 2009). Low interest rates on conforming loans are helping many buyers in the lower price ranges … (0 comments)

san rafael: Novato CA & San Rafael CA -- The 2009 50/50 Principle - 03/11/09 02:21 PM
The chart below illustrates the number of, and percentage of, 2009 distressed sales (e.g., REO--a.k.a. bank owned homes and short sales) in Marin Ca.
 
 
Take away from this chart is YTD 50% of the sales in Marin County have been in San Rafael and Novato. Of these San Rafael and Novato sales nearly 50% are distressed sales. In all other cities the distressedcomponent of the market is 17%. If you are thinking of buying or selling in Novato or San Rafael, be sure you carefully square-up who you hire to represent you and what your timeline and expectations are. 
(0 comments)

san rafael: Marin County Real Estate Update (October 2007 Homes For Sale & Price Ranges) - 10/11/07 10:14 PM
As we enter the Fall selling season, the number of homes for sale (inventory) in Marin County, California continues to march onwards and upwards. There are 788 active listings (up by 49 over last month). This month we begin to see more and more homes come off the market as sellers bunker down and reassess their situations over the holidays.
Meanwhile, savvy buyers will continue picking-off the properties that remain on the market. While the air has chilled with the onset of Fall, buyers have warmed to the market and sales have increased-lots of these buyers are coming in with large down payments and short contingencies to bolster their negotiating leverage with sellers … (0 comments)

san rafael: Marin History (The Sir Francis Drake "Highway") - 09/10/07 02:02 PM
The history of Marin County, California is rich and varied. Below is an article written by an early settler recounting his memories of the area as a boy. The article is fascinating and informative. A brief description of the author is included at the end of the article.
Early Roads in Marin by Payne J. Shafter
I see by the papers that the people of San Rafael are going to have a great meeting at Point Reyes Station to celebrate the completion of the highway from San Rafael to that point.
Permit me to tell you some of my early recollections of the road. … (0 comments)

san rafael: Marin County, California, Real Estate Update / Market Report (September 2007) - 09/10/07 01:54 PM
The number of homes for sale (inventory) in Marin County, California continues marching upwards. There are 739 active listings (up by 50 from 689 active listings this time last month). As expected, we are seeing a substantial increase in the number of homes on the market this September-due in part to extended marketing periods and the traditional influx of new inventory after Labor Day. 
The graph below breaks down the current number of homes for sale in Marin County, California, as of September 1, 2007, along with the price ranges for each town/city. Also included is a note indicating whether inventory is up or down over the past month:  
Marin Single … (0 comments)

san rafael: Film Night In The Park -- Marin & San Francisco - 08/30/07 11:00 AM
For something a little different and definitely fun, head to the movies in an outdoor setting. Below is the schedule of "Movies in the Park" in Marin and San Francisco. Take some blankets and enjoy! All start times are 8 p.m.
See you at the movies!
(0 comments)

san rafael: Marin County, California -- Luxury Home Sales (Market Report) - 07/22/07 12:43 PM
The number of Marin luxury homes for sale continues to rise. Following the strong early Spring selling season, luxury estates, view and waterfront homes, new construction, and homes with prime locations continue to sell at a very respectable rate. Overall, about 20% of Marin County, California's luxury homes (those priced above $2 million) are in escrow-there are 166 active listings and 32 in escrow. Proximity to San Francisco continues to be the driving force behind appreciation and sales as reflected by the fact that most of these homes are located in Southern Marin (the majority are in Mill Valley, Sausalito, Tiburon, and Belvedere, and a … (1 comments)

san rafael: San Rafael, Marin, California Real Estate Market Update (July 2007 Home Sales Report) - 07/15/07 12:35 PM
The real estate market in Marin's County Seat, San Rafael, has been strong on the whole. Inventory has risen as families intent on moving during the Summer months began putting their homes on the market-there are 183 home on the market. 
 Home sales continue performing admirably relative to the rest of California and the country, especially the bread and butter homes of San Rafael (those priced between $750,000 and $900,000). These homes continue to sell quickly (although the definition of "fairly quickly" has been extended over the past couple of years). Fourteen of these homes sold last month, making this market segment the leader in homes sold (there were a total of 43 homes sold last … (0 comments)

san rafael: Marin County Dining & Restaurants - 07/09/07 10:30 AM
Boca Steak & Seafood340 Ignacio Blvd.Novato, CA 94945 (415) 883-0901  http://www.bocasteak.com/ Buckeye Roadhouse15 Shoreline HighwayMill Valley, CA 94941(415) 331-2600  http://www.buckeyeroadhouse.com/ Cacti Grill1200 Grant AvenueNovato, CA 94948  (415) 898-2234  http://www.cactigrill.com/  
California Grill & Rotisserie1531 S Novato Blvd # ANovato, CA 94947(415) 893-1540  http://www.califgrill.com/ The Caprice2000 Paradise DriveTiburon, CA 94920  (415) 435-3400  http://www.thecaprice.com/ The Cheesecake FactoryThe Village at Corte MaderaCorte Madera, CA 94925(415) 945-0777 Christophe Restaurant Francais1919 BridgewaySausalito, CA 94965 (415) 332-9244 Coast Cafe46 Wharf RoadBolinas, CA 94924(415) 868-2298  http://www.coastcafe.biz/ Comforts335 San Anselmo AveSan Anselmo, CA 94960 (415) 454-9840  http://www.comfortscafe.com/ Cowgirl CreameryP.O. Box 594Point Reyes Station, CA 94956  415-663-9335  http://www.cowgirlcreamery.com/ Deer Park Villa367 Bolinas RdFairfax, CA 94930(415) 456-8084  http://www.deerparkvilla.com/ Gourmet Garden Togo419 Miller AvenueMill Valley, CA 94941    (415) 381-4267   The Hilltop Cafe850 Lamont AveNovato, CA 94948-1215  (415) 892-2222  http://www.htnet.com/ Insalata's120 Sir Francis Drake BoulevardSan … (0 comments)

san rafael: Marin County, California Real Estate Market Update -- Home Prices and Inventory - 07/09/07 10:26 AM
The number of homes for sale (inventory) in Marin County, California continues marching upwards. There are 701 active listings (up from 647 active listings this time last month). We are likely at or near the high water mark (in terms of the sheer number of homes for sale). While the number of homes for sale has gone up, it is still fairly low historically.  
The graph below breaks down the current number of homes for sale in Marin County, California, as of July 1, 2007, along with the price ranges for each town/city. Also included is a note indicating whether inventory is up or down … (0 comments)

san rafael: Marin County, California (Luxury Portfolio Homes) - 06/30/07 11:00 AM
Marketing luxury homes requires attention to detail and unique resources and talents. Frank Howard Allen Realtors' inclusion in the Luxury Portfolio Fine Property Collection's stable of extraordinary property purveyors underscores the esteemed regard of Frank Howard Allen Realtors in the real estate community, and more importantly, provides tangible and unique benefits to sellers and buyers of Marin's finest homes.
The luxury properties featured in this esteemed network are among the most exclusive in the world and include fine homes ranging from traditional homes here in Marin, to sweeping estates, to exotic retreats, to country manors, and urban pied-a-terres. Of the 1,000 most … (0 comments)

san rafael: Marin County Real Estate Inventory - 06/20/07 08:39 PM
The following is a brief rundown of the absorption rates and trends (based on last month's numbers) in Marin County:
Current Absorption Rates (single family homes):
As the chart reflects, absorption rates are very low in most Marin towns. Inventory has increased over the past month, as we enter into the buying season between school years. Marin County currently has 920 active listings, up by about 273 from a month ago).  Belvedere's 4.8 months of housing inventory is highest in the County, followed by Sausalito, Novato, and Ross.  At the low end of inventory is Greenbrae with just under a month's worth of inventory. Corte Madera and Larkspur are also seeing very low inventory … (0 comments)

san rafael: San Rafael Real Estate Market Update (June 2007 Home Sales Report) - 06/15/07 09:42 PM
Like most of Marin County's real estate markets, the San Rafael market is performing admirably. The bread and butter homes of San Rafael are priced between $750,000 and $900,000. These homes continue to sell fairly quickly (although the definition of "fairly quickly" has been extended over the past couple of years). In fact, 30 of these homes sold last month, comprising a vast majority of the total of homes sold (there were a total of 48 homes sold last month in San Rafael). San Rafael homes priced in the $1 million - $1.5 million range continue selling at a respectable pace (33% are in escrow-down from 47% last month). As always, homes that are nicely maintained, … (0 comments)

 
Kyle Frazier, Kyle Frazier , CRS & Marin CA Realtor (Christie's Great Estates | Pacific Union International) Rainmaker large

Kyle Frazier

Kyle Frazier , CRS & Marin CA Realtor

Mill Valley, CA

More about me…

Christie's Great Estates | Pacific Union International

Office: (415) 448-1118

Mobile: (415) 350-9440

Email Me

Real Estate information about Marin County, California--Mill Valley, Sausalito, Tiburon, Belvedere, Corte Madera, Larkspur, Greenbrae, Kentfield, Ross, San Anselmo, San Rafael, and Novato. Community descriptions, sales information, and more.


Listings

Links

Archives

RSS 2.0 Feed for this blog