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Novato Real Estate Market Biweekly Overview, November 05, 2008
April 9th, 2009 3:21 PM
Novato Real Estate Market statistics continues to inch upwards in overall sales percentage compare to two weeks ago on September 10,

The overall inventory dropped 10%, from 410 to 370, results of more pending sales and sellers taking properties off the market unless they 'have' to sell.  Less inventory will have a positive effect on housing prices as there are less supply. 

The highest increases in pending sales are the starter / investment homes - condo/townhomes and single family residences under $500K - mostly fixers, REOs (bank owned), short sales, all bargains from one or two years ago. 

Both categories, with more than 50% sales, are now a 'seller's' market - or shall we say a 'bank/REO sellers's market.  Some enjoy multiple offers, although not as much frenzy as when Marin was at the top of the market.

First time buyers, investors, people who relocated out of areas and want to move back, and the ones who could not afford before but would love to be in Marin are all taking this great opportunity of lower (and relatively affordable) home prices and lower interest rates to test the waters here in Marin.  

Higher end homes are staying stale - difficulty in getting financing, uncertainly about the market, excessive inventory from sellers who do not have to sell ('not motivated') can hold the sales down.

My office, Frank Howard Allen Realtors in Novato, is buzzing with sales activities we have not seen in a long times, walk-ins, calls, showings, offers, inspections; a lot of activities which is putting great, positive energy into the office; and hopefully bringing the energy to all our clients!

Best, and stay tuned!

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 a pleasure to serve you!  

category

 

Total Units/ In Escrow

 

% Active

 

% Pending

% +/- since 09/10/08

All SFD’s and CID’s

 

370/123

 

67%

 

33% (N)

+2%

SFD’s

 

269/65

 

76%

 

24% (B)

-2%

CID’s

 

101/58

 

43%

 

57% (S)

+12%

$0 -$500K SFD

 

59/30

 

49%

 

51% (S)

+9%

$500,001-$600K

 

31/6

 

81%

 

19% (B)

-9%

$600,001 - $700K

 

36/11

 

70%

 

30% (N)

-6%

$700,001 - $800K

 

32/6

 

81%

 

19% (B)

-10%

$800,001 - $999,999

 

36/6

 

84%

 

16% (B)

-8%

$1M - $1.25M

 

27/2

 

93%

 

7% (B)

-7%

$1.25M - $1.5M

 

18/1

 

95%

 

5% (B)

-12%

$1.5M+

 

30/3

 

90%

 

10% (B)

+7%

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

Posted by Sylvia Barry on April 9th, 2009 3:21 PMPost a Comment (0)

Millworks Novato Grand Opening brings New Dimension to Town!
April 25th, 2009 10:43 PM

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 Novato

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”. 

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 - 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 open sky courts with gardens and patios - have living gardens and flag stone patios, gives the 4th floor residents a sense of being on the ground floor which is a very appealing and surprise 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.

The Interiors - Kitchen and Living RoomMillworks 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.

Building and Living Green - Green Features at MillworksMillworks 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 looing forward, I thought this will be a great place to retire - low to no maintenance, single story (elevator up and down), walk to town, new, green building, etc.  Having a Whole Foods downstirs works well too.  However, as a young, single professional living in Chicago many years ago, I also enjoyed staying in downtown highrise for the amentities it provided (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 dont' forget the Federal First Time Homebuyer Up to $8,000 Tax credit and the California State Up to $10,000 Tax Credit for purchasing new constructions (blog to come soon!) 

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.com if 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 the Old Town Novato, For Better For Worse!  And since it's already here, hopefully it's FOR BETTER, since that's the only way we are all going to benefit from this project!

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Posted by Sylvia Barry on April 25th, 2009 10:43 PMPost a Comment (0)

Spring is Almost Upon Us - Marin, Sonoma Easter Egg Hunts and Spring Events
April 9th, 2009 3:26 PM
 
Greetings! Spring is almost upon us, which means it's time to grab your basket and hunt for goodies. Read on for information about local events occurring this holiday weekend. 
Belvedere
The Belvedere Community Center Easter Bunny Brunch - Saturday, April 4, from 10 to Noon. $15 per person (3 and under free). Brunch, Crafts, Games, Music, Egg Hunt. Belvedere Community Center, 450 San Rafael Avenue. Phone: 415.435.4355. Website
 
Corte Madera
Corte Madera Parks & Recreation's Children's Egg Hunt - Saturday, April 11, at 10 AM. Magic show and jump house. Free. Corte Madera Town Park, 498 Tamalpais Drive. Phone: 415.927.5073. Website

Fairfax
The annual Fairfax Easter Egg Hunt - Saturday, April 11, at 10 AM. Music provided by James K. No fee. Bolinas Park, 124 Bolinas Road. Phone: 415.456.5652. Website

Mill Valley
Spring Eggstravaganza - Saturday, April 4, from 8:30 AM to 10 AM.
Breakfast with the Easter Bunny, bounce house, music and more. The egg hunt is free; Breakfast: Adults $6, Children $4, Children under 2 are free. Mill Valley Community Center, 180 Camino Alto. Phone: 415.383.1370.
Website
 
Novato 
Annual Easter Egg Hunt & Neighborhood BBQ Saturday April 11th ~ 11am ~ Miwok Park

The Easter Bunny is coming to San Marin on Saturday, April 11th at 11am to Miwok Park. Gather the kids and come hunt for eggs and candy in the grass, followed by games and a BBQ. The Easter Bunny will be there hopping around looking for photo-ops, so bring your cameras!
The BBQ will begin immediately after the Easter Egg Hunt. The SMIA will be cooking up sausages and hotdogs, with chips and a drink, all for $3.00. Come enjoy a family day at the park!
If you or your company would like to help sponsor our Easter Egg Hunt & BBQ in exchange for advertising in this newsletter, please contact us at smiamail@gmail.com.

Spring Celebration - April 11 from 11 AM to 2 PM. Egg Hunt at 11:00 AM. Meet local Race Car Driver Todd Schneider and sit inside a real NASCAR Stock Car plus face painting and photos with the Easter Bunny (Sherman Ave); additional activities on Grant Ave. Downtown Novato, Grant Avenue and Sherman Avenue. Website

Petaluma
Petaluma Sunrise Rotary's Fourth Annual Easter Egg Hunt - Saturday, April 4, from 11 AM to 2 PM. Egg hunts at Noon, 12:30 PM and 1 PM. Clo the Cow, martial arts demonstration, cookie decorating, face painting, craft making and more. Website
 
San Anselmo
San Anselmo Parks and Recreation Flashlight Egg Hunt - Friday, April 10, at 7:50 PM for kids ages 8 and older. Bring your flashlight and basket to collect treats. Memorial Park, 1000 Sir Francis Drake Blvd. Phone: 415.258.4640. Website

San Anselmo Parks and Recreation Children's Egg Hunt - Saturday, April 11 at 11 AM for kids ages 7 and younger. Memorial Park, 1000 Sir Francis Drake Blvd. Phone: 415.258.4640. Website
San Francisco
The 18th Annual Union Street Spring Celebration & Easter Parade - Sunday, April 12, from 10 AM to 5 PM; Parade begins at 2 PM. A variety of children's and family activities are the focus of the event and include: large inflatable bounces, kids' rides and games, a climbing wall, a hands-on children's activity area, costumed characters, a petting zoo, a pony ride and entertainment from some of the Bay Area's best musicians. On Union Street between Gough and Fillmore. Website

San Rafael

Breakfast with the Bunny and Egg Hunt - Saturday, April 11, at 10 AM.
The free egg hunt begins at 10 AM: Breakfast to follow: $4.00 if purchased by April 10 and $6.00 at the door. Marinwood Community Park, Miller Creek Road. Phone: 415.479.0775.
Website
Falkirk's Mad Hatter's Tea Party - Saturday and Sunday, April 18 & 19. Reservations required. The Tea Party has two sittings: Noon and 3 PM. Make a date for tea with Alice, the March Hare, Door Mouse and Mad Hatter for a unique and unorthodox tea complete with tea sandwiches, hot chocolate, and desserts. Enjoy the theatrical company of characters in original costumes from the Stark Ravens Historical Players, as they entertain and cause smiles and giggles. This event sells out; please make your reservations early! Cost: $27.50 for adults; $22.50 for children. Includes goodie bag for child. Phone: 485-3333. Website
 
Santa Rosa
Eighth Annual Hunt for the Hare Easter Celebration at Safari West -
Sunday April 12: Packages at 10 AM and 1 PM: Egg Hunt at 12:15.
Join the animals of Safari West (and their human companions) for a fun-filled adventure that will have everyone trying to find Mr. Hare, who has disappeared from Safari West's Savannah Café -- while Mrs. Hare is preparing Easter brunch. In a twist on the classic tale, Mr. Hare has taken off in pursuit of his old rival Mr. Tortoise. Cost: Tour and Brunch: $63 for adults; $30 for children (ages 4-12); Brunch only: $35 for adults; $15 for children (ages 4-12). Safari West: 3115 Porter Creek Road. Phone: 707.579.2551. Website
 
Sausalito
Annual Easter Parade and Egg Hunt - Saturday, April 11, from 10 AM to 1 PM. Parade begins at the corner of Johnson and Caledonia Streets; Egg Hunt and activities to follow at Dunphy Park. Dunphy Park, Napa Street and Bridgeway. Phone: 415.289.4100. Website
Please visit the appropriate links or call organizers for more info, if available, and directions. Be sure to arrive on time - the hunts can end within a few minutes. The information presented here is deemed reliable but has not been verified.


Posted by Sylvia Barry on April 9th, 2009 3:26 PMPost a Comment (0)

Spring Hiking Trips in Marin County
April 2nd, 2009 9:52 PM

April 2, Thursday, hike a moderate/easy 1A hike in Muir Woods, via Fern Creek and Camp Alice Eastwood. Meet at 9:30 at Miller and Locust in Mill Valley (at the bus stop). Back by 1.30. Share carpool costs. Rain cancels. Sponsored by the Marin Group Sierra Club.

April 3, Friday, the Marin Bushwackers Hiking Club presents a two-hour, “exhilarating and educational, off-the-beaten-track hike for in-shape hikers.”?  Meet at Tennessee Valley Trailhead gate at 5:30 p.m.?  For more specific directions and information, call John at (415) 331-0100.

April 4, Saturday, Two-hour  hike on moderate trails with md-hike wine and cheese sevrved overlooking the pacific, followed by optional dinner and socializing at the Mt. Home Inn. Meet at 4:30 p.m. in the parking area across from the Inn on Panoramic Highway in Mill Valley. Cost is $15. Sunset Hike and Dine Club. To reserve a spot, call (415) 331-0100.

The Fairfield Osborn Preserve offers Saturday hikes through May 16 so visitors may observe the diverse fauna and flora of the popular nature preserve on Sonoma Mountain operated by Sonoma State University. Tours are appropriate for families, friends and individuals. Visitors should be able to hike two to four miles over uneven ground. Sturdy shoes, long pants, drinking water and a snack are highly recommended. General admission is $3. Visitors 12 and younger are admitted free.

Hikes are held every Saturday at 10 a.m. There will be no hike on April 18. The Fairfield Osborn Preserve is located at 6543 Lichau Road in Penngrove. For more information or directions, call (707) 795-5069 or e-mail fairfield.osborn@sonoma.edu or visit online, www. sonoma.edu/org/preserve.

On Thursday, April 9, hike nine miles from Mill Valley towards Sausalito. Discover this 1A easy Bay path from East Blythdale Avenue in Mill Valley along the Bayside towards the Bay Model, guided by a docent . Meet at 9:30 a.m. in front of the Maria Maria restaurant at 651 East Blythedale Ave. in Mill Valley. Return by 1:30 p.m. Rain cancels. E.mail-rgwatson@pacbell .net. or call (415) 461-9255.

Sunday, April 12. Angel Island picnic and hike. An easy 2A hike with 360-degree views of all the bay, and to see results of the Angel Island fire. Hike to the top of Mt. Livermore and then have lunch on the beach. Bring liquids and a potluck dish for 6 to share. Meet at 9:45 a.m. at the Angel Island Ferry dock in Tiburon. $13.50 fare. Back by 4 p.m. Rain cancels. E-mail rgwatson@pacbell.net. or call (415) 461-9255.

Thursday, April 16. China Camp. Explore the Shoreline Trails of China Camp in San Rafael. An easy 1A hike. Meet at 9:30 at the Civic Center Post Office on San Pedro Road in San Rafael. Back by 1:30 p.m. Share carpool costs. Rain cancels. E.mail-rgwatson@ pacbell.net.

Thursday, April 23: Ocean view trail. A moderate/long 1A hike from Rock Springs to the Top of Cataract Falls with a view of the ocean and Stinson Beach. Carpools from Miller and Locust at the Mill Valley bus stop at 9:30 a.m. Back by 2:30 p.m. Rain cancels. E.mail rgwatson@pacbell. net or call (415) 461-9255.

Sunday, April 26. Lakes and waterfalls hike to Bass Lake/Alamere falls. A 2A moderate hike from Palomarin trailhead. Bring towels if desired for an optional dip in Bass Lake. Meet at Fairfax Parkade at 9:30 a.m. Rain cancels. E.mail rgwatson@pacbell.net or call (415) 461-9255.

Thursday, April 30, hike the Dipsea Trail and Muir Woods. A moderate 1A/B hike on the Dipsea trail and through Muir Woods. Meet at Miller and Locust in Mill Valley (at bus stop) at 9:30 a.m. Return by 1:30 p.m. Share carpool costs. Rain cancels. E.mail rgwatson@ pacbell.net or call (415) 461-9255.

May 3. Sunday. Drakes Estero. A moderately paced and a most charming 2B tour to the ocean of the beautiful Drake’s Estero area on Point Reyes. Carpool at 9:30 a.m. from Fairfax Parkade (opposite Fairfax Theater). Back by 5 p.m. Bring lunch and liquids. Share carpool costs. Rain cancels.

May 7. Thursday. Blackie’s Pasture. A very easy 1A from Blackie’s Pasture. Hike from the parking lot at Blackie’s Pasture towards Tiburon and back, stopping at a yummy bakery with a fabulous San Francisco view. Meet at 9:30 a.m. at Blackie's Pasture on Tiburon Boulevard. Back by l p.m. Bring your taste buds.

Courtsey of Novato Advance


Posted by Sylvia Barry on April 2nd, 2009 9:52 PMPost a Comment (0)

Kentfield Home Earned a Red Hot “Most Sustainable Renovation’ Award from Met Home
April 2nd, 2009 9:51 PM

redhot According to Kentfield Architect, Sarah Robinson, an Alumni of the Frank Lloyd Wright School of Architecture; that Being Green is not just to tear down and build from scratch but it’s about “Seeing the untapped potential that already exists.” Kentfield, Marin County Architect, Sarah Robinson, was thrilled, when her house earned the ‘Most Sustainable Renovation’ Award from the prestigious Metropolitan Home Magazine. www.Methome.com

Robinson’s 1963 fixed-upper home incorporated the following winning features:

redhot1) Retain and Expand upon the original mid-century contemporaries design. Robinson’s usage of rich wood, glass, American clay plaster and copper echoed the ’sensual surfaces’ from the outdoors. She also retained the original custom mahogany paneling and cabinetry.

redhot2) Resourcefulness- Adding 1200sf space (office, family room, extra bedroom) blow the building allows Robins the retain the original footprint of the building. Large dormer captures light and provides views of outdoors

redhot3) Usage of Reflective Surfaces Such as stainless steel, high gloss woods, glass cabinets, white ceilings makes the most of the natural light that streams into the space.

redhot4) Reused 80% of the original building material and incorporated with recycled materials from other sources - including reuse of the redwood framing from the attic for additional trim, exterior siding and new kitchen dormer. She also bought the seconds from a local tile manufacturer (Heath Ceramics in Sausalito).

redhot20090313__14finelivingxx_2005) Incorporated the outside environment to be the primary decorative feature for the home by using ‘floor-to-ceiling glass’, adding skylights and creating a large dormer to bring the outside in.

redhot6) Usage of Energy-Efficient Mechanical Systems Suchas soy-based form insulation, Eco-friendly American clay plaster, no-VOC paint and double-paned windows.

Footnote - I was contemplating about what to write for the RED HOT contest on ActiveRain eCO-All Star Group’s March challenge, and my upcoming presentation to my Rotary Club (of Novato Sunrise www.Novatosunriserotary.org  about LEED and Local Green Buildings, when the Marin IJ Article about Local Architect, Sarah Robinson’s winning design caught my eyes. This is an excellent, timely example of how to creat a “RED HOT” Eco-Friendly, Sustainable Home while thinking Creatively Outside of the Box.

The idea of not having to build an eCO-friendly building from scratch, using recycled, reused, local materials to avoid the commonly expensive GREEN features, which is the main concern in a heathy economy and a huge hinderance in the current dismal economy while creating stunning buildings in the process makes this RED HOT for me!

* The post incorporated information from Met Home and Marin Independent Journal. - a news article caught my eyes and just in time for the RED HOT entry!


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

SERVING MARIN, SONOMA, S.F. BAY AREA - FOR ALL YOUR REAL ESTATE NEEDS Beveldere, Corte Madera, Greenbrae, Kentfield, Larkspur, Marinwood, Mill Valley, Novato, San Anselmo, San Rafael, Sausalito, Tiburon; Cotati, Penngrove, Petaluma, Rohnert Park, Santa Rosa.


Posted by Sylvia Barry on April 2nd, 2009 9:51 PMPost a Comment (0)

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