Where's the recession in Marin? According to recent stats, Marin home values have INCREASED in 2008. Units (volume) may have decreased, but those home selling have been record setting. Now, you can't just paint Marin (and SF and other similar growth areas) with a broad brush. If you were to disect this, you'd find that the homes over $1m are the ones that are making the averages strong. Those homes under $800,000.That's where the rub comes in. Those are the ones in trouble. When looking for a home to buy, find a solid Realtor who doesn't glaze it over with a glossy sales pitch. Find one who REALLY understands your needs and wants. One who will do the work. In today's market, the ones who are working are the ones who have always been working: Like myself as a mortgage broker, a true professional Realtor is walking the walk during these challenging times. In Marin and SF, check out Realtor Mark Machado. I had him sell one of my own homes last year. He's currently got several homes on the market. One at 20 "K" Street and another at 39 Octavia, both in San Rafael plus other listings in Novato and SF. He knows his stuff. If you're looking to buy or sell, get preapproved with me and use Mark Machado as your Realtor. Interveiw several, and I'm sure you'll end up with Mark. Let's talk. Pat Townsley, your mortgage broker: 415-485-1776. www.ptre.net
Tuesday, April 08, 2008
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