Novato, CA Real Estate News

By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Novato for $4,500. Thanks to everyone for a great transaction.  For any questions about Novato property management or buying or selling investment properties in Novato, call Broker Christopher Barrow at (415) 637-8934!
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By Michael Wayne Jackson, Broker - Seniors Real Estate Specialist Novato
(Coldwell Banker)
Sold condominium with pending litigation in the Western Oaks neighborhood of Novato. Most homeowners don't know they can sell with the litigation going on. This home sold at $435,000 
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Novato for $3,650. Thanks to everyone for a great transaction.  For any questions about Novato property management or buying or selling investment properties in Novato, call Broker Christopher Barrow at (415) 637-8934!
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Novato for $3,100. Thanks to everyone for a great transaction.  For any questions about Novato property management or buying or selling investment properties in Novato, call Broker Christopher Barrow at (415) 637-8934!
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By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Happenstance, History and Hamilton A while back, my little boy was attending a birthday celebration for one of his friends at a playground in the Hamilton neighborhood of Novato, CA.  Hamilton was a WWII-era Air Force base and you can still see the remnants of it in some of the Spanish Revival-esque buildings --- a few of which are now in a serious state of disrepair.  Since I had a fairly low tolerance for Frozen and face painting that day, I decided to cut out of the party for a bit and take a short walk.  Ultimately, I found myself peering into the boarded windows of what used to be the hospital.  As I returned to the childhood revelry across the overgrown parking lot, an elderly resident who was walking his dog volunteered that there had once been an American POW who convalesced the...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Novato for $3,000. Thanks to everyone for a great transaction.  For any questions about Novato property management or buying or selling investment properties in Novato, call Broker Christopher Barrow at (415) 637-8934!
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in NOVATO for $5,750. Thanks to everyone for a great transaction.  For any questions about NOVATO property management or buying or selling investment properties in NOVATO, call Broker Christopher Barrow at (415) 637-8934!
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Novato for $4,085.  Thanks to everyone for a great transaction.  For any questions about Novato property management or buying or selling investment properties in Novato, call Broker Christopher Barrow at (415) 637-8934!
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in NOVATO for $3,750.  Thanks to everyone for a great transaction.  For any questions about NOVATO property management or buying or selling investment properties in NOVATO, call Broker Christopher Barrow at (415) 637-8934!
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
Most of us favor a high degree of predictability when it comes to things like the interest rates on mortgages. In that realm, “poised” is a bad word. When anything is poised, it means it’s about to do something different: change. For those who like predictability, change is unwelcome.But this week should provide both good and bad news when it comes to change and Marin mortgage rates. For once, a change in the immediate future is pretty nearly a sure thing. Although rates are poised, they’re poised for a comfortingly predictable change.What happens after that is a different story.Up until very recently, the mortgage interest rates offered to Marin home buyers has been an island of calm in a sea of…well, less calm, if the year’s turbulent election cycle is any example. Predictability has ...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The idea of “fake news” and how to tell it from the real thing has gotten scads of attention lately, so Novato web users are entitled to be more skeptical than usual of news items. Last week, there was one of those “come hither” headlines you run across on the web—but with a byline from The Washington Post, it looked like it would contain actual news.Sure enough, this one was for real: “How to Spot a Housing Rental Scam.” Housing rental scams aren’t totally unknown in California—so dispatches about how to spot any new kind of Novato housing rental funny business figured to be worth checking into. It turns out that the article originated in the Washington Post for a good reason: it centered on a surge in housing rental rip-offs being attempted right now in the nation’s capital.It seems t...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
Some breakthrough good news has come to light. It deals with first-time home buyers.Across the U.S., first-time home buyers have been staging a disappearing act for a worrisome long time. The causes were pretty universal across much of the country: a sluggish economic recovery and tight labor market contributed to the national phenomenon. Rises in Corte Madera residential prices haven’t helped those seeking to become new homeowners locally.For Corte Madera homeowners who follow such things, the phenomenon was slowly becoming a worrisome fact—one that didn’t look like it was going away anytime soon. When you own a home, its value as collateral and at sale depends on a healthy real estate market—one that supports sustainable activity.That means that new buyers should appear in numbers at ...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
Real estate articles that are really just lists are now being called “listicles”—and there are certainly plenty of them around. The other day one appeared that just had to be read: Bankrate’s “7 things that could turn off homebuyers.”The actual listicle may not have been the product of much real research into houses for sale, but it was amusing. In the best social media tradition, I’d like to add a few thoughts in order to come up with a modified/improved “7 things” (for starters, there are 9):9 Things Bound to Offend Nicasio Homebuyers       Monkeys.       All right, that first requires an explanation. It headed up the Bankrate list, with a picture of a rhesus macaque clinging to a balcony railing. I’d have to agree that monkeys freewheeling around a Nicasio house for sale might drive ...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
You don’t have to be beyond your 40s to begin plotting a direction for your retirement years. Most younger Novato residents know this full well but (truth be told) do precious little about it. For most of us, we’re all so busy tending to career and daily living concerns that most of the time it seems like self-indulgent wool-gathering to go daydreaming about retirement plans. Besides—who has extra cash to be doing more than the bare minimum about financing retirement? It’s so far off in the future…That may be the 21st-century reality for most Novato adults who aren’t close to retirement age, but in fact, some of the real estate decisions we make early on can set the stage for satisfaction in later years. That’s one of the takeaways from the brains at Age Wave, a think tank who consult o...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
If you listen to the Chairman of the Index Committee at Standard & Poors-Dow Jones, the nation’s housing market has reached an important milestone—one likely to be appreciated by real estate holders—Stinson Beach homeowners and investors included.The gentleman in the spotlight is David Blitzer, who is the head man when it comes to the S&P Case-Shiller Index, the most widely-respected measure of housing activity.Mr. Blitzer’s comments were aimed at the latest report, released last Tuesday. It covered three-month price averages for the quarter ending in September. They notched a 5.5% higher average residential price over the previous year.Now at this point, Stinson Beach real estate observers might wonder what is so newsworthy about yet another appreciation in residential real estate pric...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
If you were one of the brave Nicasio real estate investors who decided a few years back that the real estate meltdown was an awfully good buying opportunity, congratulations on being able to resist any naysayers. The fact that real estate has always lived up to its name (“real”) is easy to forget when prices have hit the basement—especially when the surrounding economic news is dire.Those were days when Nicasio fixer-upper opportunities were available for shockingly low asking prices—and before long, the shockingly low asking prices began to look normal and reasonable. “Bank owned homes” became a hugely popular search term as foreclosure numbers skyrocketed. It’s hard to recall the way it really felt, but any buying into that real estate market seemed like a swashbuckling act of raw cou...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
If you weren’t among those who were surprised by last week’s election outcome, you were among very few. Opinion leaders in every corner of the media are still scrambling to explain why their prognostications had been so wide of the mark. When your job is to help people understand the fine points of current events, it’s just plain embarrassing when you get the big picture 180 degrees wrong!For both Novato homeowners who will be considering putting up a ‘For Sale’ sign within the next year or so—as well as for potential Novato  real estate buyers they will need to attract—any shift in the currents in Washington are very likely to affect the market conditions they’ll encounter. There are three areas that can have profound impacts on the strength or weakness of residential home sales:      ...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
 Diana Olick is a well-known industry writer. Anyone with an interest in Marin County real estate can usually find something of value when she comes up with a new entry in her CNBC column (the one with the pun-worthy title, “Realty Check”). This month she commented on the rising housing market across the nation and its repercussions in terms of homeowner equity.The piece points out that in the U.S., home equity has doubled over the last five years!It’s hardly news that home values have been steadily on the rise—that’s been a trend long seen in the asking prices in California and our Marin County listings. But the idea of homeowner equity actually doubling could be hard to believe.That’s a claim that sounds a like quite an exaggeration…until you stop to think about what is actually being...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Novato  for $4,500.  Thanks to everyone for a great transaction.  For any questions about Novato  property management or buying or selling investment properties in Novato , call Broker Christopher Barrow at (415) 637-8934!
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property inNovato for $5,895. Thanks to everyone for a great transaction. Forany questions about Novato property management or buying or selling investmentproperties in Novato , call Broker Christopher Barrow at (415) 637­8934!
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