Showcase Belvedere contemporary on market

June 14th, 2010

Belvedere contemporary home takes advantage of the Marin landscape with commanding views of the SF skyline, listed for $12.9 million.

$12,995,000
67 Belvedere Ave
Belvedere, CA

5 beds, 6 baths
6000 sqft, 2005 year
More Info >>

Designed by Sutton Suzuki Architects, this striking Belvedere home incorporates the highest design and construction quality. It has over 6,000 sq. ft. and features 5 bedrooms, 4 full and 2 half baths, mezzanine office overlooking living/dining area, light-drenched kitchen & breakfast nook with views of the Golden Gate Bridge, a library/media room, plus separate office and studio, view-side terraces, an outdoor fireplace, salt water pool & spa, level lawns, play spaces and gardens.

Resort-like Kentfield home sells for $5.5 million

June 8th, 2010

This new custom Mediterranean estate in Kentfield sold in May for $5.5 million, the full asking price, after only 11-days on the market.

$5,500,000
65 Rock Rd.
Kentfield, CA

5 beds, 6 baths
5296 sqft, 2009 year

Originally listed for $5,500,000, this Kentfield home features 5 bedrooms, 4 full baths & 2 half baths on 1/2 acre gated parcel. Green built in ‘09, this unique home enjoys a resort-like feel and boasts an open floor plan with walls of windows that overlook an infinity pool with spa, waterfall, outdoor kitchen and level lawn.

Market Report | May 2010

June 3rd, 2010

Marin home prices falter in May, while sales volume continues to climb.

The average price of a single-family home in Marin decreased after a huge bounce last month. In May, the average price came in at $1,167,083, down 6.37 percent from the previous month. Still, May average price marks an impressive 30 percent increase from a year ago, and the number of homes sold was up a whopping 90 percent.

Market Report 06-05-10

Mortgage rates fall to lowest level of the year

May 27th, 2010

Mortgage rates drop to their lowest level of the year this week as yields on U.S. government securities fell, Freddie Mac said Thursday.

Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending May 27, 2010, down from last week when it averaged 4.84 percent. Last year at this time, the 30-year FRM averaged 4.91 percent. It has not been lower since December 3, 2009, when it averaged 4.71 percent.

Mortgage Rates 05-27-10
Primary Mortgage Market Survey [Freddie Mac]

Trophy home listed in Belvedere for $27.5 million

May 25th, 2010

Waterfront Belvedere home with unobstructed views of the entire SF skyline, and approx. 9,500 sqft. of covered space on the market for $27.5 million.

$27,500,000
101 Belvedere Ave.
Belvedere, CA

6 beds, 8 baths
7063 sqft, 1987 year
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Sited on the western-most promontory of Belvedere, this property features 5 bedrooms, 4 full and 3 half baths in the main residence, plus separate 1-bedroom guest apartment. Large formal living and dining rooms with French doors to view-side terraces and 3 level lawn areas, intimate library with fireplace, office with built-ins, top floor master suite with his & her baths and dressing areas with private view-side terrace. Five fireplaces, 3-car garage and additional parking for 7 cars.

Sausalito home sells for $6.8 million

May 11th, 2010

This 3-story Sausalito residence sold in April for $6.8 million, making it the most expensive Sausalito home to sell so far this year.

$6,834,000
77 Harrison Ave.
Sausalito, CA

5 beds, 7 baths
10581 sqft, 1990 year

Originally listed for $8,750,000, this Sausalito villa features 5 bedrooms, 5 full baths & 2 half baths over three expansive levels all accessible via elevator, with massive arched windows and doors to enjoy the spectacular views. This ‘Contemporary Classic’ was completed in 1990, and truly is a Sausalito dream house.

Market Report | April 2010

May 5th, 2010

Marin’s housing market showed fresh signs of momentum in April – average price up a whopping 25 percent, sales volume up 45 percent.

In April, the average price came in at $1,167,083, up 25 percent from March. April’s average price marks a 14 percent increase from a year ago, and the number of homes sold was up 45 percent. In addition, the median price was up 10 percent and 8 percent, respectively, during the same period.

The strong gains in Marin last month can in part be attributed to buyers hurrying to take advantage of a soon-to-expire federal tax incentive, cheap prices and low interest rates. While April’s big gains tell us a lot about what’s changed in the market, it shouldn’t be viewed as evidence of surging home values. Prices in many areas have more or less flattened or risen modestly, and we expect to see values grow slowly.

Market Report 05-06-10

Hot Properties | Top Marin homes for sale

May 4th, 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.

$995,000
Corte Madera, CA
3 beds, 2 baths
More Info >>

$1,189,000
Kentfield, CA
3 beds, 3 baths
More Info >>
$1,299,000
Larkspur, CA
3 beds, 3 baths
More Info >>
$1,495,000
Mill Valley, CA
3 beds, 3 baths
More Info >>
$1,168,000
San Anselmo, CA
3 beds, 3 baths
More Info >>

Mortgage rates down slightly this week

April 29th, 2010

Mortgage rates down slightly this week, averaging about 5 percent.

Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 5.06 percent with an average 0.7 point for the week ending April 29, 2010, down slightly from last week when it averaged 5.07 percent. Last year at this time, the 30-year FRM averaged 4.78 percent.

Mortgage rates on 30-year fixed loans have averaged about 5 percent over the first four months of this year, staying within a band of roughly a quarter percentage point and virtually matching 2009’s annual average.

Mortgage Rates 04-29-10
Primary Mortgage Market Survey [Freddie Mac]

Marin schools receive top honors

April 17th, 2010

Six Marin schools were honored by the Department of Education today.

The schools – Anthony G. Bacich Elementary School in Kentfield, Bel Aire Elementary School and Reed Elementary School in the Reed Union School District, Old Mill School in Mill Valley, West Marin-Inverness Elementary School in the Shoreline Unified School District and Willow Creek Academy in the Sausalito Marin City School District – are some of the 484 of the state’s 5,764 elementary schools to receive the distinction.

The Distinguished Schools program honors elementary schools based on their Academic Performance Index and Adequate Yearly Progress results. The program also honors schools that have worked to narrow a perceived “achievement gap” between higher- and lower-performing students.

Marin County has received 89 Distinguished School awards since the program began in 1986; 2010 marks the second consecutive year the county has received a record total of six distinctions. Marin’s six Distinguished Schools will be honored during an awards ceremony and dinner at the Disneyland Hotel on June 4.

2010 Distinguished Schools [Department of Education]