According to the the National Association of Realtors®, “distressed homes” represented nearly 2 of every fifth home sold in January 2010. Clearly, real estate investors are taking advantage of good deals on cheap property. But there’s risk involved.
Posts under ‘Marin Market Trends’
California Real Estate/Economic Forecasts
In this video, California Association of REALTORS economist Leslie Appleton Young speaks to agents but it is good information for everyone. A couple of takeaways:
Median home price in California has plummeted because of foreclosures.
The California real estate market bottomed in 2007. Sales have increased dramatically in the last two years.
The dollar volume of sales will [...]
Marin County April Closed Sale Statistics
Marin County Homes Sales Statistics, April 2009
Marin County Home Sales
Apr 08
Apr 09
% Change
For Sale
833
900
8%
Sold
141
104
-26.2%
Pending
142
141
-0.7%
*Marin County Single Family Residential Home Sales
Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample [...]
A Gloomy Moment in History
This is reprinted with permission from an email sent to my company, Alain Pinel, by Alain Pinel Owner/CEO Paul Hulme.
Did you read the editorial in yesterday’s paper?
THE AWFUL UNCERTAINTY OF THE FUTURE
It is a gloomy moment in history. Not in the lifetime of any man who reads his paper has there been so much [...]
Mill Valley Real Estate Market Report
This market profile is a snapshot of what is happening in Mill Valley. Mill Valley home prices have continued to trend down in recent weeks. While the listing inventory in Mill Valley has been decreasing, days-on-market has been increasing. The Market Action Index has been basically flat, not providing a strong indication of the direction [...]
San Rafael Real Estate Market Report
This market profile is a snapshot of what is happening in San Rafael. San Rafael home prices in the 94903 zip code have continued to trend down in recent weeks while home prices in the 94901 zip code have stayed flat. While the listing inventory in San Rafael has been decreasing, days-on-market has been increasing. [...]
Larkspur Real Estate Market Report
This market profile is a snapshot of what is happening in Larkspur. Larkspur home prices have continued to trend down in recent weeks. While the listing inventory in Larskpur has been decreasing, days-on-market has been increasing. The Market Action Index has been basically flat, not providing a strong indication of the direction of the Larkspur [...]
Kentfield-Greenbrae Real Estate Market Report
This market profile is a snapshot of what is happening in Greenbrae & Kentfield. Home prices have trended down in recent weeks. While the days-on-market has been increasing, listing inventory has been decreasing and the Kentfield-Greenbrae Market Action Index has been on the rise, signally positive indications for the Kentfield-Greenbrae real estate market.
Kentfield-Greenbrae Real [...]
Fairfax Real Estate Market Report
This market profile is a snapshot of what is happening in Fairfax. Fairfax home prices are down slightly this week but have trended up in recent weeks. While the listing inventory has been decreasing, the days-on-market has been increasing and the Fairfax Market Action Index has declined, signally a downward trend for the Fairfax real [...]
Corte Madera Real Estate Market Report
This market profile is a snapshot of what is happening in Corte Madera. Corte Madera home prices are down slightly this week but have trended up in recent weeks. While the days-on-market has been increasing, the listing inventory and the Corte Madera Market Action Index have been essentially flat.
Corte Madera Real Estate Market Update
There [...]
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