Novato Market Review as of April 30, 2008

 Novato Market Review as of April 30, 2008

Changes since March 19, 2008.  Available units changed from 376 to 436 (16% increase), in escrow changed from 82 to90 (10% increase), so we have a loss of 5% in percent in escrow. 

The biggest gain in In-Escrow is in the your bread and butter single family home price ranged from $600K to $800K and not surprisingly, the $1M to $1.25M range where the rich but not super rich are looking for homes.  The fixers and very small homes (1,000 sf or slightly more) see a drop in houses under contract. 

Will be an intersting summer.  I will keep an eye on all homes and keep you informed!   

category

 

Total Units/ In Escrow

 

% Active

 

% Pending

% +/- since 3/19

All SFD’s and CID’s

 

436/90

 

79%

 

21%

1%-

SFD’s

 

306/55

 

82%

 

18%

0.5%-

CID’s

 

130/35

 

73&

 

27%

2%-

$0 -$500K SFD

 

34/8

 

76%

 

24%

12%-

$500,001-$600K

 

44/12

 

73%

 

27%

12%-

$600,001 – $700K

 

41/10

 

76%

 

24%

15%+

$700,001 – $800K

 

44/9

 

80%

 

20%

4%+

$800,001 – $999,999

 

55/3

 

95%

 

5%

8%

$1M – $1.25M

 

39/8

 

80%

 

20%

9%+

$1.25M – $1.5M

 

25/4

 

84%

 

16%

7%-

$1.5M+

 

24/1

 

96%

 

4%

1%-

  • Buyer’s Market  < 25%
  • Neutral                25% – 40%
  • Seller’s Market   > 40%

Top Real Estate Video of 2008 by ActiveRain

There are many innovative ways to showcase a listing.  Mike Lefebvre of Century 21 Commonwealth outdid himself again this time and won the Activerain 2008 Video Contest. 

Don’t know if I’ll be this creative, but certainly something to think about when I list another Marin Home.

Check out the video and enjoy.  

 

Coolest Robot from San Marin Robotics Team and a Smart Dad

I am fortunately enough to be one of San Marin High School (Novato, Marin County, CA) Robotics Club, Penguin Empire team‘s mentors.

This rookie team won the 2nd place in the First Robotics Compeitition (FRC) Davis Regional event in March, 2008; an exciting event – Check out the Video; can’t blame me for being excited about what our students could do.

The chief mentor, Dave, in search of inspriring Robotics videos for the students and mentors alike, came upon a video of this robot. Thought you’d all love it.

The Coolest Robot Ever! is the title of the email from Dave; and I would have to agree with him. Anybody with kids should have one and Duke would definitely want one!

Four Marin Schools Selected as 2008 California Distinquished Schools

                     

              KEY TO YOUR FUTURE IS A GREAT EDUCATION!

        Come to Marin County – We Care for Our Children

 Looking for GREAT Schools for your clients when moving to Marin County, San Francisco North Bay>?

Four Marin Schools have been selected as the 2008 California ‘Distinguished Schools’ by the California State Department of Education.  

The newly minted Distinguished schools in Marin are Lu Sutton and Rancho elementary schools in Novato, Ross School in Ross and Bayside Elementary School in the Sausalito Marin City School District.

Only 343 of the states 5,250 elementary schools received the honor in 2008, which recognizes the schools’ test schools and other improvements.

 Marin county schools are voted by Forbes Magazine as being the best public schools for the money in 2007 among 775 counties studied.   

While Novato is voted as the most affordable town in California by Business Week

 

Trulia Unveils Street View, a great Marketing Tool

Being one of the regular Trulia contributors and Founding Member (a real estate website dedicated to providing buyers and sellers with advise and providing tools for realtors and consumers alike) contributor, it is of great interest to watch Trulia grow by leaps and bounds through the year.

The latest innovation unveiled is the Integration of Trulia and Google Street View.

 There are a lot of National/International real estate sites and bloggers; after being introduced to Trulia by Frank Howard Allen technical manager (FHA is the one of the founding member of the site), I have decided to contribute to Trulia (and a selected few others) since their inception.

I have had a great time giving valuable advise to consumers on the site and have learned a lot about real estate issues from many angles. I have gained great friendship with top real estate pros around the country with whom we share ideas, concerns, Q and As.

The best? This endeavor and Alliance allow me to serve you better!

Green Facts about Your Marin Home

I came upon this fast facts about your home on the GreenBuilding.com website; thought I’d shar the Green Facts.   

Did you know that –

  • Older toilets use 3.7-7 gallons per flush

  • Dishwashers use 8-14 gallons per cycle

  • Top-loading washers use 45 gallons/load

  • A dripping faucet waste 15-21 gallons per day

  • US water users withdraw enough water to fill a line of Olympic-size swimming pools reaching around the world EVERY DAY (300 billion gallons)

  • Although our planet is 71 percent water, humans depend on a mere .65 percent of the water for survival – much of which is polluted.

  • About a quarter of the nation’s largest industrial plants and water treatment facilities are in serious violation of pollution standards at any one time.

  • An estimated 7 million Americans are made sick annually by contaminated tap water; in some rare cases this results in death.

Indoor Air Quality:

  • US EPA ranks indoor air pollution among top five environmental risks. Unhealthy air is found in up to 30% of new and renovated buildings

  • W.H.O. reports that indoor air pollution causes 14 times more deaths than outdoor air pollution (2.8 million lives)

  • Of hundreds of EPA-regulated chemicals, only ozone and sulfur dioxide are more prevalent outdoor than indoors

  • 20 percent of all housing in the US has too much lead dust or chippings (causes kidney and red blood cell damage, impairs mental and physical development, may increase high blood pressure)

Wood:

  • Although the US is home to only 4.5 percent of the global population, it is responsible for over 15 percent of the world’s consumption of wood.

 Pesticides:

  • In the US, pesticides poison 110,000 people each year. More than one-third of calls to animal poison control centers result from pets exposed to pesticides.

  • The volatile organic compounds (including pesticides) found indoors are believe to cause 3,000 cases of cancer a year in the US.

  • According to the New York State Attorney General’s office, 95 percent of the pesticides used on residential lawns are considered probable carcinogens by the EPA

  • 2,4-D—a component of Agent Orange—is used in about 1,500 lawn care products