Foreclosure activity low in Marin

With foreclosure activity in California at record levels, you'd expect it just a matter of time before the problem trickled into Marin right? Well, so far so good...

Marin homeowners were among the least likely to default on loans statewide, a research firm reported Friday.

While foreclosures in Marin are up, they're nowhere near the degree we're seeing in other Bay Area counties. In fact, Marin's ranking is the second best in the region and many view the Marin housing market to be fairly bullet-proof.

The market looks to be headed up in reality. Marin's median home price took a big leap above the $1MM mark in October. At $1,011,000, this is a 6.5% increase from 2006. Absolutely extraordinary given the slumping California housing market.

Marin defaults among the lowest in the state [Marin IJ]

Save BIG on your next home with a 1% rebate

For the past 5-years, MarinDreamHouse has revolutionized the way people shop for homes in Marin County’s highly unique market. Innovative search tools empower our members to compare all available properties on the market in one place, receive real-time alerts of new listings matching their criteria, research local market trends and more.

This year, we have added an extra benefit. As a special promotion, we are now offering a rebate up to 1% of the total purchase price of your next home. Simply by purchasing your home with MarinDreamHouse, you can save an additional 1%.

A 1% rebate is SUBSTANTIAL! This savings typically amounts to $10,000 on a one million dollar home.

So, how will you choose to use your rebate?

• Help pay closing costs
• Buy down your mortgage rate
• Buy furniture for your new home
• Make home improvements

For more details about how this program works... Learn More >>

Hot New Listings | October 12, 2007

Weekly feature highlighting the top new listings in Marin. We preview every new listing in the county and post the hottest new properties on the market. Here is the best of the week...

$975,000 Corte Madera, CA 3 Beds, 1 Baths More Info >>

$1,895,000 Mill Valley, CA 4 Beds, 3 Baths More Info >>

$2,225,000 Mill Valley, CA 3 Beds, 3 Baths More Info >>

$2,100,000 Ross, CA 3 Beds, 3 Baths More Info >>

$1,825,000 Sausalito, CA 4 Beds, 3 Baths More Info >>

Neighborhood Homes Sold | September 2007

Every month we review the recent sales in Marin and spotlight the most surprising transactions in the marketplace. Here are a few hot buys in September that caught our attention...

2 Edgewater Rd, Belvedere 5 Beds, 5 Baths, 3175 sqft, 1955 year $3,650,000 (list) $3,810,000 (sold) 4% above asking!

355 Willow Ave, Corte Madera 3 Beds, 2 Baths, 2392 sqft, 1950 year $1,059,000 (list) $1,195,000 (sold) 13% above asking!

25 Westwood Dr, Kentfield 4 Beds, 3 Baths, 2781 sqft, 1955 year $2,595,000 (list) $2,800,000 (sold) 8% above asking!

183 Lagunitas Rd, Ross 5 Beds, 6 Baths, 5671 sqft, 1995 year $7,195,000 (list) $7,175,000 (sold) .28% below asking!

Hot New Listings | October 5, 2007

Weekly feature highlighting the top new listings in Marin. We preview every new listing in the county and post the hottest new properties on the market. Here is the best of the week...

$5,995,000 Belvedere, CA 4 Beds, 4 Baths More Info >>

$2,450,000 Larkspur, CA 5 Beds, 3 Baths More Info >>

$2,495,000 Mill Valley, CA 3 Beds, 3 Baths More Info >>

Market Summary | September 2007

The median home price in Marin took a slight dip below the $1MM mark in September. Presently at $969,000, Marin's median has remained practically impervious despite the U.S. housing slump. While down, September marks a hefty 8.87% increase from 2006 and Marin County continues to outperform the rest of the bay.

Here's a quick snapshot from the MDH Newsletter with a summary of the market trends for September...