Archive for March, 2011

Very special Sausalito view home, $1.475 million

Saturday, March 26th, 2011

Classic 1920’s Brown-shingle Sausalito home remodeled with walls of glass that capture striking SF Bay, Marina & Mt Tam views.

$1,475,000

11 Glen Ct

Sausalito, CA

3 beds, 2 baths

2278 sqft, 1919 year

More Info >>

Classic 1920’s Brown-shingle Sausalito remodel… Walls of glass capture striking SF Bay, Marina & Mt Tam views! 3 Beds, 2 baths plus den/study, formal living, kitchen + fam w/ fireplace & wet bar, guest suite. Highly sought-after sunny Banana Belt on private court. A+ backyard w/ incredible views & beautifully landscaped – patio, deck, walnut tree and HOT TUB! Only 2 blocks from waterfront, restaurants and ferry.

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Mortgage rates edge up this week

Thursday, March 24th, 2011

Mortgage rates increasing to an average of 4.81 percent from the previous week, influenced by inflationary and ongoing geopolitical concerns.

Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 4.81 percent with an average 0.7 point for the week ending March 24, 2011, up from last week when it averaged 4.76 percent. Last year at this time, the 30-year FRM averaged 4.99 percent.

Frank Nothaft, vice president and chief economist at Freddie Mac, reports, “Mortgage rates were up this week compared to last, but still remain at relatively low levels. The rate uptick was related to higher than anticipated inflation data for February and ongoing geopolitical concerns. The 12-month growth rate in the consumer price index rose 2.1 percent in February, compared to 1.6 percent in January; however, most of the increase was due to food and energy prices, which tend to be volatile. The core index rose 1.1 percent, slightly up from 1.0 percent in January.”

Mortgage Rates 3-24-11
Primary Mortgage Market Survey [Freddie Mac]

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Hot Tamalpais Park remodel for $1.795m

Tuesday, March 22nd, 2011

Fab Tamalpais Park remodel with beautiful craftsmanship includes four bedrooms, 3.5 baths, rebuilt 2004 on one of the most sought-after streets in Mill Valley.

$1,795,000

81 Sycamore Ave

Mill Valley, CA

4 beds, 3.5 baths

2151 sqft, 1907 year

More Info >>

This new listing in Mill Valley’s ultra hot Tamalpais Park neighborhood features 4 bedrooms, 3.5 baths, rebuilt 2004. Main house consists of three bedrooms, 2.5 baths, plus office/study (4th bed). Ideal open floor plan – living room with fireplace, gourmet kitchen w/ built-in window seat & breakfast bar, dining room & kitchen opens to rear deck and yard w/ level lawn. Charming cottage w/ fireplace & full bath, perfect for guests or au pair. Just a few blocks to schools, parks & town!

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Kentfield compound fetches $6.2 million

Tuesday, March 15th, 2011

This sophisticated Kentfield estate in the prestigious Ross School district with spectacular views of Mt. Tamalpais, sold for 6.2 million in February.

$6,215,000

70 Poplar Dr

Kentfield, CA

6 beds, 6.5 baths

5535 sqft, 1938 year

Originally designed in 1938 by celebrated architect Warren Charles Perry, the remodeled and expanded Kentfield home melds architectural charm, modern conveniences and state-of-the-art systems into an integrated masterpiece. With sumptuous materials and spectacular views of Mt. Tamalpais from every room, the 2.5 acres of sun kissed gardens and natural beauty provide an unparalleled setting that exemplifies the ultimate in Marin luxury and privacy.

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Marin home prices up 8 percent

Thursday, March 10th, 2011

Marin home prices up 8 percent last month over previous month, the number of home sales gain 20 percent during the same period.

Prices of single-family homes were up 8 percent in February compared with January, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, ten posted increases, with an average home price of $884,253 for Marin County. The pace of home sales was up 20 percent for the same period.

Marin home prices were down 10.5 percent in February compared with the same month last year. During the same period, the number of Marin home sales was slightly better, 108 last month vs. 107 in Feb 2010.

The Marin housing market continues to keep observers on their toes. In some areas we are seeing modest gains, while others are still weak. The trend overall is positive, but there’s not a lot of consistency. Despite varying statistics, Marin home prices are recovering faster than in other parts of the U.S. and Marin homebuyers should feel more comfortable. Mortgage rates are still very low; there’s a large supply of homes to choose from; and prices have fallen to near post-housing bust lows.

Market Report 3-10-11

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Hot new Marin homes for March

Tuesday, March 8th, 2011

We track all the new Marin homes for sale, and feature the top properties on the market in Marin County. Here’s the hot new Marin homes…

1. 37 Laurel Grove, Kentfield

$1,465,000

3-bedrooms, 2 baths

2477 sqft, 1933 yr

Situated on this coveted street, this charming brown shingle. 3-bedroom, 2 bath home offers a formal living room, gracious dining area, eat-in kitchen with attached family room. The lower level boasts a spacious family room, two bedrooms… More Info >>
2. 260 Cascade Dr, Mill Valley

$1,450,000

4-bedrooms, 2.5 baths

2832 sqft, 1974 yr

Beautiful Cascade Canyon and only minutes from the center of town! This spacious 4 bedroom, 2.5 bath home sits on a large flat lot (1/2 acre) with majestic California Redwoods and wonderful outdoor areas for entertaining or… More Info >>
3. 1 Strawberry Lndg, Mill Valley

$1,595,000

3-bedrooms, 2 baths

2534 sqft, 1977 yr

Stunning Contemporary is a boater’s dream. This 3-bedroom, 2 bath home is situated on a 24 hour deep water channel with a dock for a 42 ft boat with an 8 ft draw. Views of Tiburon peninsula and SF. Located only 20 minutes to SF by… More Info >>
4. 33 Yolanda Dr, San Anselmo

$1,850,000

4-bedrooms, 3.5 baths

3262 sqft, 1915 yr

Don’t miss this wonderful Craftsman-style Vintage home! Featuring four bedrooms, 3.5 baths, formal living & dining rooms w/ high boxed beam ceilings, family room, kitchen, sun room + extra bonus room, upgraded systems, flat lot… More Info >>
5. 11 Glen Ct, Sausalito

$1,475,000

3-bedrooms, 2 baths

2278 sqft, 1919 yr

Classic 1920’s Brown-shingle Sausalito remodel with walls of glass capture striking SF Bay, Marina & Mt Tam views! 3 Beds, 2 baths plus den/study, formal living, kitchen + fam w/ fireplace & wet bar, guest suite. Highly sought… More Info >>

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