Why I love Marin
This why I love Marin post comes from Brad Coy, San Francisco Real Estate Agent and author of sfsunrise.com. Brad is a San Francisco resident, but spends time enjoying the beauty and wonders of Marin. Thanks Brad for telling us what you love about Marin County! Check out the video below!
I was thrilled to open an email earlier today from Kentfield School District Superintendent Mary Jo Pettigrew. In the letter to Bacich and Kent parents, Mary Jo said the school board reinstated 21 classroom aides and approved the hiring of a 5th grade teacher to keep class sizes small. The funds for the positions are coming from “receipt of federal stimulus monies, a lower projected reduction in categorical funding for 2009-2010 from the state, the continued support of the Kentfield Schools Foundation and the fiscal prudence of the District.”
Despite lower property tax revenues and state budget cuts, the school has been able to keep small class sizes and enrichment programs such as art, music, woodshop, drama and physical education.
In addition to being good news for parents, the news is great for Kentfield/Greenbrae property owners. The high ranking school district helps keep property values in the community steady.
Interested in living in the Kentfield School District?
I guess you could say we take “surveying the neighborhood” seriously. Lei Ann and I have a San Anselmo home for sale at 472 Laurel Avenue. One of the reasons the homeowners love their home is the proximity to hiking trails literally outside their front door. When I was out of town last week, Lei Ann took a hike and shot these beautiful pictures.
What she said about the adventure:
It was quite a hike, very steep and mostly up hill. Daisy and I were both really tired at the end.
Enjoy the views of Mt. Baldy (Bald Mountain) and beyond to Mount Tamalpais!
Why I love Marin
I am starting a new series for this blog titled “why I love Marin”. These posts will sometimes be my own insights, and sometimes the insights of others. This why I love Marin post comes from Mike Simonsen, CEO of Altos Research. I use Altos Research’s market data every day in my real estate practice and on this site. I was thrilled to get his feedback on why Mike loves Marin County. Check it out!
Almost every home seller I meet thinks their property is special, and will sell quicker than other homes that are out there on the market. Their home is special- to them, but what they think is especially GOOD may be considered especially BAD to a potential home buyer.
The home is over priced. If the market data is telling you to price your home at one price, and you have said those famous last words, “yes, but my home is special”, well, you might need to rethink this thought process. The biggest reason Marin homes don’t sell is PRICE.
Insufficient property preparation and presentation. Unless you plan to price your home at a rock bottom price, property presentation is crucial to the sale of a home. Preparing a property to sell includes a number of very important factors including:
Poor marketing. A solid marketing strategy is crucial to the sale of your home. If home buyers can’t find your home, how are they going to buy it? Once a home is properly prepared, it can be marketed. The first step to a good marketing plan is professional photographs. Unless your agent is a professional photographer by night, they probably don’t have photographs that will WOW a buyer. With lots of other homes on the market, satisfactory photos are not enough- you need WOW.  Think WOW NOW, not WOW later. If you rush to get your home on the market and don’t take the time to properly prepare and market your home, you may miss your window of opportunity. The initial launch of the sale of your home is absolutely crucial. Home buyers searching online may look at your home once, but once they dismiss it, is unlikely they will ever return to view it again. WOW NOW, not WOW later (this includes price too!). It constantly amazes, shocks and horrifies me how many homes are marketed with poor photographs or even no photographs. Seriously, letting your home go online without photographs for even 2 hours is like breaking your own leg the night before a big race. Buyers won’t come back. Period.
Once you have great photographs, your home should be canvased across the web. Whether I am searching for your property address or parameters like a 3 bedroom, 2 bath home in Tiburon, I should be able to find your home online. Putting the property in the Multiple Listing Service (MLS) is not enough. The majority of home buyers are out there searching online themselves- constantly. They aren’t waiting for their agent to pull it up on the MLS. Marketing a home online takes skill, hire an expert who doesn’t just feed it to the MLS.
Homes are taking longer to sell in today’s market.  Even if all of the above factors are properly done, homes will take longer to sell than a year ago. Get regular market updates from your agent. Watch the average days on market for homes similar to yours in similar locations. If you aren’t selling, something in the above formula is missing.
August is here and the Marin County home sale stats for July are in. The number of homes sold is still down over last year but the interesting item is the number of Marin homes going under contract. This number has increased by 27% over last year. What does this mean? Home buyers in Marin are writing offers. This is a good start to seeing some positive signs in the Marin real estate market.
Marin County Market Activity |
|||
July 2008 | July 2009 | % Change | |
Marin County Homes For Sale | 839 | 878 | 4.6% |
Marin County Homes Sold | 173 | 163 | -5.8% |
Marin County Homes Under Contract (Pended) | 159 | 202 | 27% |
The data above is for single family residential homes in Marin County, California. Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.
Total Marin County Homes for Sale |
Total Active Marin County Listings |
# Marin County Homes in Contract |
% Marin County Homes in Contract |
|
---|---|---|---|---|
Belvedere | 38 | 34 | 4 | 11% |
Corte Madera | 50 | 34 | 16 | 32% |
Fairfax | 47 | 32 | 15 | 32% |
Greenbrae | 46 | 33 | 13 | 28% |
Kentfield | 44 | 35 | 9 | 20% |
Larkspur | 36 | 31 | 5 | 14% |
Mill Valley | 194 | 160 | 34 | 18% |
Novato | 343 | 175 | 168 | 49% |
Ross | 29 | 24 | 5 | 17% |
San Anselmo | 92 | 68 | 24 | 26% |
San Rafael | 307 | 206 | 101 | 33% |
Sausalito | 84 | 69 | 15 | 18% |
Tiburon | 110 | 99 | 11 | 10% |
Others | 119 | 103 | 16 | 13% |
All Marin | 1539 | 1193 | 436 | 28% |
Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.
Like live music and looking for a fun summer sunday outing? Head over to Creek Park in San Anselmo for free live music on Sunday afternoons.
The concerts, sponsored by the San Anselmo Art Commission, take place every Sunday from July 26 – August 23 in San Anselmo.
Where: Creek Park, Sir Francis Drake & Center Boulevard, San Anselmo
When: 1-4pm, Sunday afternoons from July 26-August 23
Concert Schedule:
More Information: sananselmoarts.com