Happy March! Moving into spring so it's time for longer days with daylight savings, wildflower hikes, and breaking out the sandals! Markets remain very heated and there is plenty of uncertainty regarding rising interest rates and international events. Read on for the latest market update, housing market matters, things to do, followed by my team's recent activity.
Click on article title for links.
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Week in Review, First Republic Bank March 21, 2022
The markets have strung together three solid consecutive up days. This may signal we have seen a bottom but we remain at the mercy of current events. Today’s decline, due to the price of oil moving higher again, is an example of how more bad news can send us lower despite some upward momentum.
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Marin Market Report - March 2022
So far in 2022, Bay Area real estate markets appear largely unfazed by higher interest rates, volatility in financial markets, and troubling international events. The prevailing dynamic remains one of strong buyer demand competing for an inadequate inventory of listings for sale. Crowded open houses, multiple offers, fierce overbidding, and fast sales remain common.
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Hedge Against Inflation With These 3 Real Estate Investment Types
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.
Economists expect the effects of inflation, like a higher cost of goods, to continue. Luckily, an investment in real estate can ease some of the financial strain.
Here’s what you need to know about inflation and how an investment in real estate can help.
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Sonoma International Film Festival (featuring a special Plates & Places lunch with Joanne Weir) and Wine Road’s Barrel Tasting Weekend making the drive worthwhile.
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The West Coast premiere of a show focused on the 20th century Mexican artist is brought to life by the Immersive Van Gogh team, renowned master of digital art, Massimiliano Siccardi, and accompanied by composer Luca Longobardi’s resonant score.
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What's New in Marin
Check out what's new in Marin in March - Jared Rogers’ New Southern Food Spot Easy Rider; Pizzalina Under New Ownership, and More
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How to Celebrate the Persian New Year
Persian New Year festivities last 13 days during the month of March. The holiday — rooted in Zoroastrianism, an ancient religion that predates Christianity and Islam — has been celebrated for at least 3,000 years in Iran. But because of its Zoroastrian roots, it is observed worldwide, throughout Central and Western Asia and the Balkans, as well as in the United States and beyond.
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Take a stroll down San Anselmo’s San Anselmo Avenue and you might spot milliner Laurie Berliner in her shop window, crafting one of her made-to-order hats. Perhaps it’s her popular Panama hat, made of Toquilla palm woven in Ecuador, or a felt fedora, or likely one woven from wheat straw on a 1914 Bulasky machine.
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Handmade in Italy by artisans who crafted the first mold for Prada, Kiki Price shoes are designed to be more shock-absorbent than your typical high-heeled shoe, thanks to a patented technology that gives some relief to the ball of your foot.
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Best Wildflower Hikes in Marin
Come springtime, Marin County comes alive with thousands of wildflowers that pop up in valleys, plains and meadows. Everywhere from Marin Headlands’ ridges to the sand dunes is covered in wildflowers from late March through August. Time to get out and enjoy spring and the wildflowers!
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Our Recent Listings and Buyer Transactions
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NECESSITY IS THE MOTHER OF INVENTION
With inventory so low and buyers out in force, we and our clients have created new strategies for both our sellers to get to market now without all the usual fuss and expense and our buyers to prevail to find their dream homes.
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116 Buena Vista,
Mill Valley
Our team brought this charming, tenant-occupied duplex to market in a week foregoing the costly, time- consuming prep we would usually recommend in the past. We held
one, three-hour open house which produced three offers all significantly over asking and closing for
$600K
over
original list price.
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340 Marion Avenue,
Mill Valley
With inventory so low, we were thrilled to be able to help this adorable, growing family finally land their dream home off-market. Originally built in 1920 with many vintage touches and a dreamy lot not far to town via the Dipsea Steps.
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146 Edison Avenue,
Corte Madera
3 Beds | 1 Bath | 1310 SF
After many attempts to prevail in the bidding wars on other properties, our lovely client was able to purchase this cozy bungalow off-market benefitting from no competition at a significant savings .
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As always, please let us know if there is anything we can do to help you and yours with your real estate needs and homeownership questions.
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© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.
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