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 Real Estate’
Fairfax Real Estate Update- March 2010
There are 12 active homes for sale in Fairfax and 10 homes under contact. Six Fairfax homes have sold this year. The average list price for a single family home is $748,120. The average sales price is $747,333. The average days on the market for a Fairfax home sold in 2010 was 157 [...]
Larkspur Real Estate Market Update
There are 15 active homes for sale in Larkspur and six homes under contact. Four Larkspur homes have sold this year. The average list price for a single family home is $1,252,067. The average Larkspur home has been on the market 100+ days. The table below shows the trends for the month of January over [...]
Resources for Avoiding Foreclosure
Foreclosures happen for many reasons and it is something no homeowner wants to experience. There are many resources available to homeowners concerned about or in jeopardy of being foreclosed upon. I have a series on this site with loan modification tips. Unfortunately, we are hearing about many instances where homes are being foreclosed on while [...]
Turning Wine Into Water- Haiti Benefit Event in Fairfax
Looking for a fun evening out that benefits a great cause? Check out the Turning Wine into Water event benefiting Haiti relief efforts. The event will feature a live performance from local favorite Dgiin, gypsy flamenco with a twist.
What: Turning Wine into Water, benefiting Haiti relief efforts
When: Friday, February 26, 2010
Where: Sleeping Lady, [...]
San Anselmo Real Estate Market Update
San Anselmo Real Estate Market Summary- Feb 15, 2010
Homes for sale- 25
Homes sold (since January 1)- 11
Median price- San Anselmo homes sold since January 1 – $794,900
Average price- San Anselmo homes sold since January 1 – $854,237
Average price per square foot – San Anselmo homes sold since January 1 $382
Average active listing price – $1,371,340
San [...]
NAR Reports Housing Surge, Slowdown likely
The National Association of Realtors ® released it’s 4th quarter existing home sales report last Friday. The report had good news for most metropolitan areas. According to the report, sales increased from the third quarter in 48 states and the District of Columbia; 32 states saw double-digit gains. Year-over-year sales were higher in 49 states [...]
Marin Real Estate Market Summary – January 2010
The number of homes sold in January 2010 was up 38.7% over January 2009. 86 Marin homes were sold. Even more positive for the market, the number of homes pending was up 61% over January 2009, which seems to indicate we will see a very nice boost for February home sales. The number of homes [...]
Tiburon Real Estate Market Update- Week of Jan 22, 2010
What is happening in the Tiburon real estate market? The charts and stat table below reflect real estate activity for single family homes in Tiburon.
90-day stats for Single Family properties in
TIBURON, CA94920 as of March 5, 2010
Median List Price$2,777,308
Average List Price$3,900,338
Total Inventory51
Price per Square Foot$798
Average Home Size3,454
Median Lot Size14,874
Average # Beds3.93
Average # Baths3.68
Homes Absorbed3
Newly [...]
HUD Suspends 90-day Flipping Rule for FHA Borrowers
In continued governments efforts to bolster the housing market, the U.S. Department of Housing and Urban Development suspended the rule that prevents “flipping” of properties for 90 days. Current FHA guidelines prevent borrowers from obtaining mortgages on a home owned by a seller for less than 90 days.
The policy change will enable vacant properties to [...]
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