Archive for October, 2010

Mortgage rates up slightly

Thursday, October 28th, 2010

Mortgages rates rose slightly from their lowest level in decades, inching up to a national average of 4.23 percent this week.

Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 4.23 percent with an average 0.8 point for the week ending October 28, 2010, up from last week when it averaged 4.21 percent. Last year at this time, the 30-year FRM averaged 5.03 percent.

Mixed economic data left mortgage rates little changed this week. Consumer confidence increased slightly in October, according to The Conference Board, but still remains at low levels. Historically low rates are supporting home sales.

Mortgage Rates 10-28-10
Primary Mortgage Market Survey [Freddie Mac]

Tags: ,
Posted in Marin Real Estate, Mortgage Trends | No Comments »

$450k price reduction for Kent Woodlands estate

Monday, October 18th, 2010

This East Coast style Kentfield estate on 8 acres in the prestigious Kent Woodlands was reduced $450k, or 9.1 percent, and is now offered for $4.5 million.

$4,500,000

8 Woodland Pl.

Kentfield, CA

6 beds, 6 baths

5685 sqft, 1998 year

More Info >>

Originally listed for $4,950,000, this 6 bedroom Kentfield home is situated on 8 acres and features high-quality design & craftsmanship on a grand scale. Coveted layout with kitchen/family combo room, formal living room, formal dining, library/office, lush landscaping, lawn & pool, guest house, 3-car garage and more.

Tags: , , ,
Posted in Marin Homes for Sale, Marin Real Estate | No Comments »

Home sells in Belvedere for $7.14 million

Friday, October 15th, 2010

This Dramatic Belvedere home with sweeping views of the Bay, including San Francisco & the GG Bridge, sold in October for $7.14 million.

8 Eucalyptus $7,140,000
8 Eucalyptus Rd.
Belvedere, CA

4 beds, 5 baths
4507 sqft, 2003 year

Originally listed for $7,500,000, this custom-built Belvedere home features 4 bedrooms, 5 baths, sweeping SF Bay views, maple wood exterior paneling, 4 fireplaces, lush landscaping, infinity pool & spa, 3-car garage and more.

Tags: , ,
Posted in Marin Homes Sold, Marin Real Estate | No Comments »

Hot new Marin homes for October

Thursday, October 7th, 2010

We track all Marin real estate listings and feature the hottest new properties on the market in Marin County. Here’s the top Marin homes for sale.

$1,550,000
Kentfield, CA
3 beds, 2 baths
More Info >>
$1,579,000
Mill Valley, CA
4 beds, 2 baths
More Info >>
$2,395,000
Ross, CA
4 beds, 3 baths
More Info >>
$1,265,000
Sausalito, CA
3 beds, 3 baths
More Info >>
$1,895,000
Tiburon, CA
4 beds, 3 baths
More Info >>

Tags: , , , , ,
Posted in Marin Homes for Sale, Marin Real Estate | No Comments »

Marin home prices up 6.5 percent

Wednesday, October 6th, 2010

Marin home sales bounced back in September after falling 10.7 percent in the previous month. Average home prices rose 6.5 percent last month to $1,034,814. That’s up from $971,115 in August, but down 2.4 percent from a year ago.

The gain in September is welcome after last month’s decline. Generally, Marin home values have shown stabilizing trends over the past year. Prices have basically been flat the last nine months. We haven’t really seen any consequential movement in Marin home prices this year so far, and it’s unlikely we will. Economists expect weak growth in the U.S. housing market and forecast a decline in home prices this year. This will likely translate to prices in Marin more or less flat or rising modestly.

Market Report 10-06-10

Tags: ,
Posted in Marin Market Trends, Marin Real Estate | No Comments »

$490k price reduction for Mill Valley family home

Monday, October 4th, 2010

Whopping $490,000 price reduction for this masterfully designed Mill Valley home by Jared Polsky built with the highest quality construction.

$2,695,000
33 Birch St.
Mill Valley, CA

5 beds, 3 baths
3247 sqft, 1935 year
More Info >>

Originally listed for $3,185,000, this gated 5 bedroom home features a wonderful blend of California and East Coast style, providing an easy indoor-outdoor lifestyle with countless fine features. Sunny and spacious rooms open to large level lawns & patios, with gorgeous views and exquisite landscaping by Garden Design.

Tags: , , ,
Posted in Marin Homes for Sale, Marin Real Estate | No Comments »