The recovery that was evident for the first half of 2010 has fizzled out and once again both prices and volume of sales in Marin have for the most part gone negative, although prices of single family homes in Novato held steady and prices in San Rafael continued to rise. Sausalito also showed an
...
10/13/2010
Many homes that are foreclosed end up being owned by "Fannie Mae" who lists them for sales as "REO"s. It's possible to search for these foreclosures on their website at www.HomePath.com. Right now there are 7 such homes listed for sale in Marin County and 115 in Sonoma County. The California Asso
...
10/12/2010
I attended the REDC (Real Estate Disposition LLC) foreclosure auction yesterday in Oakland where over 225 homes were auctioned. This was a very well-organized and run event. Usually there aren't any properties from Marin in these auctions, but this time there were a few, so I went with the idea o
...
10/11/2010
The California Association of Realtors sent out this announcement today: "Starting January 1, 2011, a seller's first trust deed lender cannot obtain a deficiency judgment against the seller after a short sale. Providing written consent to a short sale shall obligate the first trust deed lender t
...
10/05/2010
This recently renovated duplex in Terra Linda has a new kitchen with a breakfast area and pantry, and a large living room/dining room with parquet floors. There are new dual pane windows throughout. The master bedroom and bath provide privacy on the lower floor with the remainder of the unit abo
...
08/31/2010
I just sent the following email to a short sale processor that had been handling an offer from my Buyers: "We were very surprised to hear that the lender approved this offer. We had assumed it was dead on Aug 9 when the Buyers declined the lender's counter-offer. As I had indicated at that time,
...
08/21/2010
Home prices continue to rebound in Marin County where the median price for a single family home in July was up 5% to $760,000 from July of last year. The median price of condos is also up 7%, to $364,500. For the complete story as published in the Marn Independent Journal, click here. Peter Niels
...
08/20/2010
Available immediately: a 2BR/2BA in San Rafael. This is a large single family home that has been converted to a duplex. The available unit is on 2 levels. Upstairs as a large living room/dining room with parquet floors, a 1-yr old kitchen, pantry, 1/2 bath, and a large family room that can be use
...
08/09/2010
In my market update for Q1, I had suggested that the first quarter of 2010 may have marked the turnaround in the Marin County real estate market, and this appears to be borne out by the second quarter results. Once again, both single family homes and condos registered price increases, both over t
...
07/19/2010
I wrote earlier about the family in Marin that had been to the brink of a foreclosure auction once before and with the clock ticking down, were afraid that they wouldn't get a reprieve the second time. Good news for them: Wells Fargo came up with a loan mod that they are going to try, so their fo
...
06/25/2010
