9 Fabulous New Luxury Homes on Olive Court. Novato, Marin County

9 Fabulous New Luxury Homes on Olive Court, Novato, Marin County

Please make appointments with Sylvia Barry or your Realtor if you want to see these new Craftsman Style Homes located on Olive Court in Novato.

Marin County Bank Owned/REO/Foreclosures as of 06/06/09

MARIN COUNTY BANK OWNED / REO / FORECLOSED HOMESUPDATED 06/06/09

Due to strong demand from my past and current clients and the interest from the prospective clients, I am providing you with list of current Bank Owned (REO – Real Estate Owned, and Foreclosed) homes.  The list will be updated freqeuently depending on relevant activities.  

(Word of Wisdom from your Realtor –  In addition to REO (Bank Owned) properties, there are GREAT Deals out there if you look hard enough.  I will be able to help you to find the best deal and best house in Marin and Sonoma county for you, Bank Owned or Not!Come back for a new Blog ‘Tale of a Short Sale’, about my client’s latest Short Sale purchase, which hopefully I will be able to post within a day or two) 

The towns included in this list are Marin County towns South Marin, Central Marin, North Marin and West Marin (yes, we even have a few in South, Central and West Marin).  Specifically: Belvedere, Bolinas, Corte Madera, Dillon Beach, Fairfax, Greenbrae, Kentfield, Lagunitas, Larkspur, Mill Valley, Muir Beach, Nicasio, Novato, Marin County, Olema, Point Reyes Station, Ross, San Anselmo, San Geronimo, San Rafael, Sausalito, Stinson Beach, Tiburon, Tomales

Single Family Homes, Farms and Ranches are in one link; and Condos/Townhomes are in another link.  Note that the link expires in 30 days (Per MLS rule).

Marin County Bank Owned Single Family Homes   Marin County Bank Owned Single Family Homes (Updated 06/06/09)

It has been close to four months since I last (02/20/09) posted Marin REO proeprties – taking care of my clients tends to get in the way of posting online.  However, never hestiate to email me if you need current info.

Many homes went into escrow since March for quite a few reasons:  Obama Stimulus plan gave optimism in the market as a whole; first time homebuyers taking advantage of the up to $8,000 tax credit from the government, interest rate was the lowest (4.875% for 1 pt., 30 year conforming… although inching up) for a long time, consumers believe the market has hit the bottom (as evident by many multiple offers recently), lenders are open to loan modifications (we have heard quite a few successful loan modifications), short sales are getting easier to approve, less stress for buyers, and much more.  

The most famous, but oh, so accurate line is: “The Bottom of the Market is hindsight” – You only find out you have reached (actually, passed) the bottom of the market is when you look back.  Don’t be the one who missed out on the opportunity.

Changes between 02/20/09 and 06/06/09!  103 Totals!

 

Changes between 02/20/09 and 06/06/09 for:

Marin County Bank Owned Townhomes / Condos Marin County Bank Owned Townhomes / Condos

90 Total Listings – 

READY TO BUY (or not quite yet?)  Call your trusted Realtor to give you personalized updates... This is our profession and we should NEVER be TOO BUSY to help you!

 

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Millworks Novato Grand Opening brings New Dimension to Town!

mw_logo_rgbA controversial project due to the sheer size, the location and what it is and what it is not (a bit vague?  Ask me!), Millworks Novato had it’s grand opening today (April 25th).  What a pleasant surprise the development is!

As a Novato resident and a Realtor; although I missed the design, approval phases of the project; I, as many Novatans,  have watched with great interest and concerns in the progress of the building.   Today, I got to tour Millworks with my friend, Barbara.  We came away quite impressed!

Millworks – According to the developer, Millworks Novato is “Nestled among the North Bay’s rolling hills landscape, charming Old Town Novato is the home to Millworks, and environmentally sustainable and pedestrian-friendly new home community”. 

Millworks Novato

Millworks Novato

The building, sits atop the coming-soon Whole Foods,  located at the east end of Old Town Novato, consists of 124 flats and townhomes.  The homes are designed to be a combination of 1 bedroom/1 bath, 2 bedrooms/2 baths flats and 2 bedrooms/2 baths plus Den Flats. 

Amentities — Other than a few larger units on selected locations; first and second floors are mostly for Whole Foods and parking for Whole Foods and third floor is mostly for residents parking.  In addition, there is a library, a fitness center and a social room for gatherings.

millworksinterior

'Roof Garden - Living Roof' on 4th Floor

Roof Garden – One of the Millworks’ most unique design is the rooftop garden on the 4th floor where the interior units all have patios on the ‘Roof Garden’.  This Living Roof – centrally located with open sky courts – have living gardens and flag stone patiors, gives the 4th floor residents a sense of being on the ground floor which is a very appealing, surprising feature!

Views Galore – For outdoor lovers, the floor to ceiling windows brings tons of sunshine and the breathtaking surrounding Novato hill views inside.  I can only imagine how beautiful the night time views will be with the twinkling lights from the distance.

Kitchen and Living Room

Kitchen and Living Room

The Interiors – Millworks have open floor plan where kitchen opens into living and dining rooms (area – depending on plan).  Kitchens have granite slab counter tops, break fast bar, Bosch stainless steel, Energy Star appliances, Kohler sinks and faucets.  Bathrooms have Kohler faucets, Marble slab counters and surrounds on bathtubs.  Dual flush toilets conserve water.   All units are equipped with air conditioners (although I always say that we really don’t need that in Novato – the breeze from the ocean cools down most hot days by night).  Schlage hardware, recessed lighting, sustainable flooring, cable ready.

Green Features at Millworks

Green Features at Millworks

Building and Living Green – Millworks is also designed with ‘Building Green’ in mind as Sustainable is a big concern for environmental minded Marin Residents.  The building is designed with

  • Money Saving features such as emergency efficiencies while determining the direction of the building (South facing), insulation grades,  dual paned windows, doors, Energy Star appliances..
  • Preserving Health – such Cabinet doors are free of formaldehyde, none-toxic and low VOC Materials are used throughout
  • Environmentally Sustainable– Pre-engineered lumber, waste recycling during construction, Build-in recycling centers, sustainable flooring’s and cross ventilation windows are some example of the environmentally friendly design.

The Units and Pricing – One Bedroom / One Bath unit (812 sf to 883sf) starts from the low $400,000s; Two Bedroom / Two Baths Flats (1260 sf to 1360 sf) starts from the mid $400,000s and the Two Bedrooms, Two Bath plus Den Falts (1452 sf to $1595sf) starts from the high $500,000.  

HOA Fees – HOA fees ranging from $393 to $494 monthly.  An interesting chart provided by Millworks compares  HOA fee to the average single-family detached homowner’s regular maintenance cost per year, and of course, Millworks HOA seems more reasonable according to the chart – email me if you are interested!

Keep in mind the price includes standard features, and any and all upgrades will be additional costs to the buyers.

As a baby boomer and looking forward, I thought this will be a great place to retire – low to no maintenance, single story (elevator up/down), walk to town, new, green building, etc.  Having a Whole Foods downstirs works well also.   However, as a  young, single professional living in Chicago many years ago, I also enjoyed staying in downtown highrise for the amentities it provides (Millworks is not close to the 45th floor I was on before).  

Releases – The current plan the developer has is to release 10 homes at a time while gauging the interest ,control inventory and proper pricing. 

Tax Credit – And don’t forget the Federal First Time Homebuyer Up to $8,000 Tax Credit as well as the California State Up to $10,000 Tax Credit for purchasing new contrustions !

Interested in Checking out Millworks? – I enjoyed my visit to Millworks with Barbara.  Let me know if this stirs up your curiosity.  Please give me a call (415) 717-0293 or email me at sylvia@SylviaSellsMarin.comif you want to check out Millworks.  I would love to come with you and get your input about the building that changed the face of Old Town Novato, For Better For Worse, and hopefully, since it’s already here, we will make it ”For Better’ because that’s the only way we can all benefit! 

bg1a6

California Issues New Construction Tax Credit for Qualified Homebuyers

americandreamIn order to stimulate purchases of newly constructed homes as well as encouraging home ownership; the State of California has issued a (up to) $10,000 tax credit for homebuyers of new contruction properties.
 
Here are the details of the plan:
 
1)  This credit only applies to new homes that will be used as a primary residence and is limited to the first 10,000 new home purchases.
 
2)  The credit is for $10,000 or 5% of the home’s price, whichever is less.
 

3)  There is no down payment requirement to receive the $10,000 tax credit.
 
4)  There are no maximum income limitations so any buyer purchasing a new home can qualify.
  
5) The $10,000 tax credit is just that, a credit, not a loan, so if the home remains your primary residence for two years, you do not have to pay any portion of the tax credit back. If you sell the home in less than two years, then it has to be paid back at time of sale.
  
6) The new home cannot be located outside of the United States and it cannot be inherited property or a gift.

Novato Real Estate Market Overview, April 01, 2009

Millworks Novato

 Millworks Novato (going strong with a lot of interest -check with Sylvia to see)

Novato Real Estate Market started to pick up after the gloomy winter – Yes! (by the way, is there such a thing as gloomy winter in Marin?  – we are so spoiled, when there are more than a drizzle and a little bit of wind, we complaint about the weather and then secretly congratulate ourselves for being in such a wonderful place – there is a premium there :-))

Thanks to the press, both prnt and online and yes, the Obama Stimulus plan, the buzz out there is this is a great time to BUY in Marin county.  Finally, we have affordable prices (o.k. affordable is a relative term), but more affordable houses here in Marin.

The condo/townhome cotinue to pick up pace, as well as the below $500K single family homes.  These are the ones that went thru the worst downturn and were the ones who led the short sale / foreclosure pact, but are now being recognized as the best purchases in town.  

Many former renters find it costs them less to own than to rent; in the mean time, they are able to enjoy the write offs from owning a home. 

That buzz drives the market right above it to go up.  ‘Starter’ homes up to $700,000 saw across board increases in % Pending.  Being able to sell the condos and entry level homes means they can also move upward.  

This allows the $500K – $700K homes to see the biggest surge in % pending. 

The $800K and up range still lag behind – many are waiting for lenders to come up with the policy for Super Jumbo (between $625K and $729K) pricing structore.  Other move up buyers have their homes on market, are relunctant to ‘buy contingenty upon sale’ are hoping to sell and move into upper end houses here in Novato.  

Overall inventory starts to climb, as we expect it to be in Spring.  Homes for sale went up 25 homes, from 305 to 330 in a month (March to April). With the slower release of foreclosures, the inventory is not growing as much as we thought it would.   

Make Sure You are not waiting for the ‘bottom’ of the market. Remember, that is always hindside, by the time you look back, the bottom has already came and went. 

Call Sylvia now to discuss the market and the trend, get familiar with the buying process, and start hunting.  It’s never too late to get ready.     

Give me a call at (415) 717-0293 or email me at sylvia@SylviaSellsMarin.com for inventories on the market, whether REO, Trust Sale, start home, luxury homes.. I will be very happy to find the best house / investment property for you! 

It will be my pleasure to serve you!  

category   Total Units/ In Escrow   % Active   % Pending % +/- since 09/10/08
All SFD’s and CID’s   330/120   64%   36% (N) +1%
SFD’s   231/75   68%   32% (N) +2%
CID’s   99/45   55%   45% (S) +0%
$0 -$500K SFD   64/34   47%   53% (S) +2%
$500,001-$600K   35/15   57%   43% (N) +15%
$600,001 – $700K   27/10   63%   37% (N) +9%
$700,001 – $800K   28/7   75%   25% (N) -2%
$800,001 – $999,999   35/2   94%   6% (B) +2%
$1M – $1.25M   18/2   89%   11% (B) -2%
$1.25M – $1.5M   14/3   79%   21% (B) +3%
$1.5M+   10/2   80%   20% (B) -13%
  • Buyer’s Market  < 25%
  • Neutral                25% – 40%
  • Seller’s Market   > 40%

 

 

Marin County Bank Owned (REO, Foreclosure) Homes, Farms, Ranches. Update 02/20/09

Single Family Homes (Note – There is a Separate List for Townhome / Condo)

Due to strong demand from my past and current clients and the interest from the prospective clients, I am providing you with list of current Bank Owned (REO – Real Estate Owned, and Foreclosed) homes.  The list will be updated freqeuently depending on relevant activities.  

(Word of Advise from your Realtor –  In addition to REO (Bank Owned) properties, there are GREAT Deals out there if you look hard enough.  I will be able to help you to find the best deal and best house in Marin and Sonoma county for you, Bank Owned or Not!) 

The towns included in this list are Marin County towns South Marin, Central Marin, North Marin and West Marin.  Specifically: Belvedere, Bolinas, Corte Madera, Dillon Beach, Fairfax, Greenbrae, Kentfield, Lagunitas, Larkspur, Mill Valley, Muir Beach, Nicasio, Novato, Marin County, Olema, Point Reyes Station, Ross, San Anselmo, San Geronimo, San Rafael, Sausalito, Stinson Beach, Tiburon, Tomales

Marin County Bank Owned Single Family Homes   Marin County Bank Owned Single Family Homes

Updates since 02/08/09 –  4 SOLD – A couple all cash sales, a couple over asking prices.

38 Total Listings – 30 Active, 4 Pending, 4 Sold

  • New –  1611 Center Road, Novato, 
  • Pending – 24 Elmwood Court, Novato
  • Pending – 1212 Lynwood Drive, Novato
  • Pending – 52 Austin Avenue, San Anselmo
  • Pending – 26 Stasia, Novato
  • Sold – 1 Plaza Loma, 3/2, 1092 sf $410,000
  • Sold – 8 Wilson Hill Court, Novato, 3/2.5, 2388sf, $530,000
  • Sold – 25 Durham Road, San Anselmo, 4/2, 1533sf $573,500
  • Sold – 931 Butterfield San Anselmo, 3/2, 2115sf $875,000

contact a real estate agent

_________________________________________________

Sylvia Barry, Realtor, ePRO
Marin Realtor for Marin Real Estate
Marin, San Francisco North Bay
Frankk Howard Allen Realtors
website: www.SylviaSellsMarin.com
Blog: www.AllAboutMarinHomes.com

 MARIN, SONOMA, S.F. BAY AREA REAL ESTATE – Beveldere, Corte Madera, Greenbrae, Kentfield, Larkspur, Marinwood, Mill Valley, Novato, San Anselmo, San Rafael, Sausalito, Tiburon; Cotati, Penngrove, Petaluma, Rohnert Park, Santa Rosa. Starter Home to Luxury Property. REO (Bank Owned), Short Sale, View Homes, Architecural Distictive Homes. Investment, 1031 Exchange. Chinese Realtor.

Marin County Bank Owned (REO, Foreclosures) Homes – Townhomes, Condos – updated 02/20/09

TOWNHOME / CONDOS – 02/20/09 (Note there is separate post for Single Family Residence)

Due to strong demand from my past and current clients and the interest from the prospective clients, I am providing you with list of current Bank Owned (REO – Real Estate Owned, and Foreclosed) homes.  The list will be updated freqeuently depending on relevant activities.  

(Word of Advise from your Realtor –  In addition to REO (Bank Owned) properties, there are GREAT Deals out there if you look hard enough.  I will be able to help you to find the best deal and best house in Marin and Sonoma county for you, Bank Owned or Not!) 

The towns included in this list are Marin County towns South Marin, Central Marin, North Marin and West Marin.  Specifically: Belvedere, Bolinas, Corte Madera, Dillon Beach, Fairfax, Greenbrae, Kentfield, Lagunitas, Larkspur, Mill Valley, Muir Beach, Nicasio, Novato, Marin County, Olema, Point Reyes Station, Ross, San Anselmo, San Geronimo, San Rafael, Sausalito, Stinson Beach, Tiburon, Tomales

Marin County Bank Owned Townhomes / Condos Marin County Bank Owned Townhomes / Condos

Updates since 02/08/09 –  28 Total Listings – 22 Active, 4 Pending, 2 Sold

  • New – 7 Oak Crest Court, Novato – 3/2, 1460 sf – Western Oaks, Best Deal!
  • New – 2 Park Crest Court #C, Novato – 3/2.5 1460 sf. – Western Oaks, closer to Redwood Blvd
  • New – 47 Sequoia Glen, Novato – 3/2.5, 1529sf.  South side of Redwood Blvd.
  • New 35 Fairfax St #27 – San Rafael – Bahia, 2/1, 864 sf, Grerat Investment
  • New 241 Playa Del Rey, San Rafael – Bahia, 3/1.4, 1116 sf
  • Pending – 110 Oliva Court, C, Novato
  • Pending – 17 Oliva Drive, E, Novato
  • Pending – 12 Oliva Drive, D, Novato
  • Pending – 1289 Maple Court, C, Noavto
  • Sold – 50 Sonoma St #7, San Rafael $100,000
  • Sold – 25 Andrew Drive, Tiburon, $151,000 (Unbelievable low price for Tiburon, but NOTE – This property’s current tenant has a recorded legal 75 year lease at $1,285/month rent controlled.  There is 48 years remaining on lease.

 contact a real estate agent

__________________________________________________

Sylvia Barry, Realtor, ePRO
Marin Realtor for Marin Real Estate
Marin, San Francisco North Bay
Frankk Howard Allen Realtors
website: www.SylviaSellsMarin.com
Blog: www.AllAboutMarinHomes.com

 MARIN, SONOMA, S.F. BAY AREA REAL ESTATE – Beveldere, Corte Madera, Greenbrae, Kentfield, Larkspur, Marinwood, Mill Valley, Novato, San Anselmo, San Rafael, Sausalito, Tiburon; Cotati, Penngrove, Petaluma, Rohnert Park, Santa Rosa. Starter Home to Luxury Property. REO (Bank Owned), Short Sale, View Homes, Architecural Distictive Homes. Investment, 1031 Exchange. Chinese Realtor.

Marin County Bank Owned / REO / Foreclosures

Due to strong demand from my past and current clients and the interest from the prospective clients who might not have been able to purchase a home during the past sellers market, I will be providing you with list of current Bank Owned (REO – Real Estate Owned, and Foreclosed) homes. The list will be updated on a daily basis.

(Word of Advise from your Realtor – One thing I would like to stress is not to get hung up on ‘Bank Owned’ – They may or may not be the best deal in town. There are GREAT Deals out there from motivated sellers who understand the market and who need/want to sell. I will be able to help you to find the best deal and best house for you, Bank Owned or Not!)

The towns included in this list are Marin County towns South Marin, Central Marin, North Marin and West Marin (yes, we even have a few in South, Central and West Marin).

Specifically: Belvedere, Bolinas, Corte Madera, Dillon Beach, Fairfax, Greenbrae, Kentfield, Lagunitas, Larkspur, Mill Valley, Muir Beach, Nicasio, Novato, Marin County, Olema, Point Reyes Station, Ross, San Anselmo, San Geronimo, San Rafael, Sausalito, Stinson Beach, Tiburon, Tomales

I will include Single Family Homes, Farms and Ranches in one link; and Condos/Townhomes in another link:

* Marin County Bank Owned Single Family Homes

* Marin County Bank Owned Condos / Towhomes

 

Sylvia Barry, Realtor, ePRO
Marin Realtor for Marin Real Estate
Marin, San Francisco North Bay
Frankk Howard Allen Realtors
website: www.SylviaSellsMarin.com
Blog: www.AllAboutMarinHomes.com

MARIN, SONOMA, S.F. BAY AREA REAL ESTATE – Beveldere, Corte Madera, Greenbrae, Kentfield, Larkspur, Marinwood, Mill Valley, Novato, San Anselmo, San Rafael, Sausalito, Tiburon; Cotati, Penngrove, Petaluma, Rohnert Park, Santa Rosa. Starter Home to Luxury Property. REO (Bank Owned), Short Sale, View Homes, Architecural Distictive Homes. Investment, 1031 Exchange. Chinese Realtor.

Make Dreams Real – Rotary Club of Novato Sunrise Youth Services

“Yes, We Can” “Make it Right (ECO, Green)” for Marin County Flood Zone

I was asked by the Active Rain (Real Estate Blog Site) ECO-All-Star Group Leader to enter into the group’s January Challenge.   The goal of the contest is trying to determine how the ECO Green Design from actor Bad Pitt’s “Make It Right” foundation will benefit local homeowners.  

The entry did get the First Place in the very tight contest and was the Featured Blog for both the group and ActiveRain community 🙂

———————————————————————————————————————–

465px-hurricane_katrina_august_28_2005_nasaNEW ORLEANS, LA

  1. It is now 3 and 1/2 years since Katrina’s 2nd landfall on August 29th, 2005 in Southeast Louisiana.  With the unprecedented economic downturn and the excitement of a new President and the New HOPE promised by President Obama, Katrina seems to be a distant past, a fading memory, something to be put on the back burner and forgotten.

Why should it still matter? – New Orleans had come back to life, Mardi Gras celebration goes on … But how can we forget the devastation and extreme destruction since Katrina slammed into New Orleans and the continued struggle200px-nola9thfloodedbetsy 9th Ward people have while hoping to rebuild their homes and start a new life? 

250px-hurricane_katrina_medical_evacueesBy August 31, 2005, eight percent of New Orleans was flooded; with some parts under 15 feet of water, thousands of buildings destroyed and the official death toll, according to the Louisiana Department of Health, was 1,464.   

Seeing the great loss, actor Brad Pitt formed the “Make It Right”foundation a year ago and presented lot owners in Lower 9th Ward with designs by 13 architects; basically allowing the homeowners to pick a design for their homes to be rebuilt by the foundation.

make-it-right-pic-2December 11, 2008, the “Make It Right” Foundation celebrates the completion of first six homes. These are not only a fresh start for homeowners but also become blueprints for LEED Platinum Certified, affordable, storm-resistant, and Green/ECO sustainable housing designs. 

The homes are built with sustainable wood cabinetry, non-toxic paints, and Energy Star appliances; as well as Green features that take these houses to the next level include insulation that makes them five times more air-tight than typical homes, photovoltaic systems, and groundwater heat pumps for both heating and cooling.  Looking ahead, separate plumbing lines were installed so owners can utilize their rain harvest systems if a current shttp://www.usgbc.org/displaypage.aspx?CMsPageID=222tate law banning rainwater for toilet use is repealed.

Heavily subsidized by Pitt’s foundation, the per-house budget of $150,000 is possible because of donated materials and services, including the architects’ designs.  The costs are expected to drop as more houses are built. The goal is to build 150 homes; Pitt’s foundation has raised money for 87 of them.

An additional $9,450,000 is needed to complete the remaining 63 homes at $150,000 each.  A speckle of dust comparing this to national debt; but a healthy chunk of money when money is scarce (unless you are Treasury with a printing press, of course)begreenfeelgolden1

MARIN COUNTY, CA

Back to my hometown, the Marin County – As Marin county residents (or California, in that respect), by the Very Nature of choosing to be part of Marin County, we are proud of being ECO, being GREEN, being environmental friendly and being Sustainable.  We want to be in the forefront of going Green and being Green! (see logo from San Marin High School for their Green Week event)

Marin has seen a few successful Green Projects. Boasting Cleanest Air in the Country, Novato (San Rafael 2nd, and Salinas placed 15th in Clean Air category) in Marin County, CA has three of the following four Green Projects (there are many more) –

phpthumb1) Dominican Convent in San Rafael received a Gold Certificate from the U.S. Building Council for the sustainable building (convent). The 6,200-square-foot, two-story shingle-and-stucco convent, built with strong lines and a vibrant brick-red exterior, takes full advantage of the latest pro-environment technology. It has rooftop photovoltaic panels, solar-powered attic fans and toxic-free insulation of reclaimed materials, . With programmable gas heaters in each room, the interior remains at a uniformly comfortable temperature, even with a floor made entirely from a mix of concrete and recycled fly ash.  Traffic flows were studied, Recycled furnishings were used, History was preserved.  

Dominican convent is the only environmentally certified convent in the world, right here in Marin.  

2) 10-4-07004Virginia Grove In Novato, Marin is the First None Public Funded Affordable Green Homes in Marin county and the Winner of the 2007 Award of Excellence for Smart Growth & Workforce Housing,138 points on the Build-It-Green scale, the highest ever in Novato.  This project combines attractive architecture, Green Development Practices and lower income affordable housing in a single-family environment.   Heralded by ABAG as “a model for regional planning”, the project includes bioswales, Grass-pave, ground-water recharge, a major tree-transplanting program, passive solar heating and cooling, pre-wiring for solar photovoltaic panels, sustainable, recycled and reclaimed materials on an infill property.  

chi_fp_oliveridge_sm_13) Olive Ridge, again in Novato, CA, on the other hand, is a Luxury Green Home development consists of 19 homes on large lots surrounded by 20 acres of open spaces.  

The homes meet the new Residential Green Building Ordinances for all single family homes and major remodels by City of Novato.  The ordinances addresses Green Issues such as using Natural Resources, conserve Water And Energy and improve Indoor Quality; use energy-efficient materials and techniques such as photovoltaic, solar panels.

20080613__firemans1_gallery 3). Commons at Mt. Burdell– A redevelopment of the current Fireman’s Fund Insurance Company’s property in North Novato (the north most part of Marin County) brings the first LEED Platinum certified project to Marin County.   Numerous neighborhood meetings and city planning meetings were held for neighbor and city input on the project. 

The project considers and implements plans for renewable energy, conserve and recycle water, noise reduction, indoor air quality, reuse, recycle, education, public transportation, and plans to achieve carbon-neutrality within 10 years.  A music will also be built for educational purposes.       

marin-flood-zone

Those are  examples of the existing and in planning Green Buildings in Marin County

FROM NEW ORLEANS TO MARIN

Looking at the designs for the 9th Ward and considering the challenges some the Marin county residents have, the “Make It Right” foundation’s design can benefit many of Marin Residents, especially for the ones who live in one of the 10 flood Zones in Marin County (o.k. don’t know what happened to Zone 2)novato-flood

The flooding happens every few years and can be devastating to local residents and businesses (see picture on the right for Novato Flood in the ’80s). 

Not only it is disruptive to lives and businesses, being in the flood zone also requires flood insurance for homeowners and has an adverse effect on the desirability of the homes and housing prices in the area. 

  • Flood Zone 1 – Novato Area, 
  • Flood Zone 3 – Mill Valley Area,   
  • Flood Zone 4 – Bel Aire Area   
  • Flood Zone 5 – Stinson Beach 
  • Flood Zone 6 – San Rafael Meadows  
  • Flood Zone 7 – Santa Venetia
  • Flood Zone 9 – Ross Valley (Corte Madera Creek)
  • Flood Zone 10 Inverness

Some of the features for the “Make It Right” homes will probably even benefit earthquake prone California – the stilts have to be able to withheld the surge of flood water, which shall be able to absorb some of the effects from an earthquake.

As we have learned from various sources, designing Green Buildings and acquire Green Material add a premium to the building of those homes, especially the LEED Certification, which can prove to be cost prohibitive to embark on related projects.  

THE SPIRIT OF SHARING

The idea of sharing the ‘Make It Right’ plan provides “a sense of working together to change the world”.  Being able to share the plan from 9th ward, one of the most economically challenged areas in the country with other areas in the U.S. provides both a symbolic and real meaning of working together and sharing; something to be encouraged and proud of! 

And remember, one of the most important features of Green/Sustainable are to RECYCLE, REUSE and to CONSERVE, same thing goes to building plans.

d_bnim_012Although some of the designs are hard to picture in Marin, but a few will fit right in (see the one on the left)!   

Now comes the difficult part –

moneysign3How Do We Fund all These – not talking about Marin projects, but the remaining Lower 9th Ward homes?

Well, last I checked…  there are currently 1,197,529 Realtors  registered with National Association of Realtors, 

As Realtors, we care about our neighbors, our fellow citizens and our country.  in short, WE CARE!  

The participation by All Realtors at a time of housing crisis to help complete the Lower 9th Ward project will definitely go a long way to show the nation that Realtors DO Care, which is something Money Can NOt Buy!   

hopeWith each Realtor donating $8.00;  we can raise more than enough for the 63 remaining homes.  The remainders can be used to improve the Lower 9th Ward! 

What better time to help with the Optimism of “HOPE” and “Change Is Coming” slogans and what a great time to cultivate Goodwill among All.  

To jump Start, Yes, Mr. Brad Pitt might just want to be the Goodwill Ambassador for NAR as his presence will certainly rally the participation and help all to accomplish this noble goal! 

 

Sylvia Barry, Realtor, ePRO
Marin Realtor for Marin Real Estate
Marin, San Francisco North Bay
Frankk Howard Allen Realtors
website: www.SylviaSellsMarin.com
Blog: www.AllAboutMarinHomes.com

MARIN, SONOMA, S.F. BAY AREA REAL ESTATE – Beveldere, Corte Madera, Greenbrae, Kentfield, Larkspur, Marinwood, Mill Valley, Novato, San Anselmo, San Rafael, Sausalito, Tiburon; Cotati, Penngrove, Petaluma, Rohnert Park, Santa Rosa. Starter Home to Luxury Property. REO (Bank Owned), Short Sale, View Homes, Architecural Distictive Homes. Investment, 1031 Exchange. Chinese Realtor.

Make Dreams Real – Rotary Club of Novato Sunrise Youth Services

Novato Real Estate Market Overview, as of August 27, 2008

Changes since July 23rd, 2008 for Novato Real Estate Market – Total inventory dropped by 10 while units for pending sales remains the same at 28%.  The total market at a glance stays at the lower end of being Neutral tilting towards the buyers market (defined as pending sales is less than 25%).

Condos/Townhomes, where we see the biggest drop in prices due to many short sales and foreclosures, edged past neutral market and stays periosly on the sellers market.

Slight drop of 5% in SFDs priced under $500K – some REOs (Real Estate Owned – Bank Owned Properties) or Short Sales are a little rough, requires sweat equity.  As higher quality homes experience price drops and become more affordable, the lowest priced home saw some impact. 

Big swing in the pending is the starter single family homes priced between $500K and $600K, with a drop of 12% on pending sales while the next price range up of $600K to $700K SFDs, has a gain of 10% compare to the July report.  Due to the softening market, nice homes priced over $700Ks dropped below $700K and becomes a great buy.     

Homes priced over $700K stays within +/- 5% variance from a month ago, other than $1.25M to $1.5M which saw a 9% increase – for units out of 23 units went into escrow.  A small change in a small sample makes relatively large statement expressed in percentage.   

Give me a call at (415) 717-0293 or email me at sylvia@SylviaSellsMarin.com if you for details, inventory on the market and what’s the best house / investment property for you! 

It will be a pleasure to serve you!  

Give me a call (415) 717-0293 or email me  at sylvia@SylviaSellsMarin.com for details, inventory on the market and what’s the best house / investment property for you!  It will be a pleasure to serve you!  

Sylvia Barry, Realtor, ePRO
Marin, Sonoma Realtor
www.SylviaSellsMarin.com

category

 

Total Units/ In Escrow

 

% Active

 

% Pending

% +/- since July 23, 08

All SFD’s and CID’s

 

434/121

 

72%

 

28% (N)

+0%

SFD’s

 

315/69

 

78%

 

22% (B)

-2%

CID’s

 

119/52

 

56%

 

44% (S)

+5%

$0 -$500K SFD

 

70/25

 

64%

 

36% (N)

-5%

$500,001-$600K

 

33/5

 

85%

 

15% (B)

-12%

$600,001 – $700K

 

39/17

 

56%

 

44% (S)

+10%

$700,001 – $800K

 

37/3

 

92%

 

18% (B)

-4.5%

$800,001 – $999,999

 

52/10

 

81%

 

19% (B)

+2%

$1M – $1.25M

 

29/4

 

86%

 

14% (B)

-3%

$1.25M – $1.5M

 

23/4

 

83%

 

17% (B)

+9%

$1.5M+

 

31/1

 

97%

 

3% (B)

-3%

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