Welcome to the first installment of Marin Home Properties blog. Just in time for my Quarterly Update (email me to receive hard copy).

Where we are now . . .
Stats still show Marin’s home prices holding up well. That “flight to quality” I mentioned last quarter remains evident: homes in good condition, good locations, good school districts AND priced correctly continue to sell quickly, at or over asking and sometimes with multiple offers. The key? Good prep on all fronts (condition, price, presale inspections and disclosures). We are even seeing signs of improvement: multiple offers and over asking prices on some of the weaker segments (Novato, condos).

Where we are going . . . .


Economists continue to talk of rising mortgage rates, which could lead to further downward price pressure however. And, its not all talk. Those Buyers who are in the market (ahhh, they are the smart ones!) are indeed now starting to feel the pinch of higher rates. Nonetheless, there are a number of desirable homes that continue to sit, and truly for no good reason. Opportunity!