Fairfax, CA Real Estate News

By Michael Wayne Jackson, Broker - Seniors Real Estate Specialist Novato
(Coldwell Banker)
         Asking $750,000   3 bedroom, 2 bathrooms, Single story home on a quiet street approximately a half a mile from Sir Francis Drake Blvd. Spacious bedrooms, dual paned windows throughout the home except the kitchen. New power garage door, new heating system, new water heater. Roof updated 4 years ago. A buyer with vision needed, great potential.    
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By Dulcey Schuster, Property Management Software
(Rentec Direct Property Management Software Tenant Screening)
If you invest, or are planning on investing, in real estate this quick list of tips can help you stay on track and not miss a step. For the sake of collaboration an team work I would love to get all of your feedback on some crucial tips you use. 1. Assess Your Finances Make spreadsheets that include all of your; incoming and outgoing cash flow. Tracking your monthly income and expenses for a couple months will give you an idea in variations and possible cash savings giving you more money to invest. If you know there are some big ticket items in the near future (i.e. roofs, paint, European vacations), make sure you take that into consideration in your calculations. 2.Define Your Real Estate Goals Now that you know how you sit financially it's time to come up with some goals. Before you s...
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By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
305 Scenic Road, Fairfax, CA, 94930 Mortgage Options   Using RPM Mortgage and REX Homebuyer, this home can be financed today as:   Purchase Price:  $1,395,000 REX Down Payment:  $139,500 Your Down Payment:  $139,500 Monthly P&I Payment:  $4934     Here are the terms for the scenario above:   Loan Amount:  $1,116,200 Loan Program:  7/1 ARM* Interest Rate / APR:  3.375% / 3.209%   How can we help?   Property Info:  Mary & Diane, 415-846-7530, team@maryanddiane.com Mortgage Pre-Approval:  Rob Spinosa, 415-367-5959, rspinosa@rpm-mtg.com   *Rates will only apply for the initial period.  The initial period for this program above is seven years.  The payment on a 7/1 ARM adjusts after 7 years and annually thereafter.  At adjustment, the rate will be the average of the Interbank offered rates f...
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By Foundation Rentals, Best Property Management in Marin
(Foundation Rentals & Relocation, Inc)
A-frame style home in serene setting with private yard and hot-tub rented in Fairfax. 3bd/2ba $2595/month. Rented by Michael Kass December 2012
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of August 13, 2012 44% of available listings in Fairfax are in escrow. For the month of July 2012 6 homes sold in Fairfax for an average final selling price of $580,613. The average original asking price of these homes was $596,750. The range of final selling prices was from a low of $344,000 to a high of $722,000. Of the 6 homes that sold 3 sold for more than their original asking prices. It took these homes an average of 50 days to sell. To see everything that is currently for sale through our MLS click here and register with me as your agent. To learn more about this area in general visit my website, search around this blog or contact me directly. Fairfax Home, by Kelley Eling, Marin County Realtor
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of July 11, 2012 42% of available listings in Fairfax are in escrow. For the month of June 2012 9 homes (only 1 of which was a distress sale) sold in Fairfax for an average final selling price of $652,500. The average original asking price of these homes was $654,111. The range of final selling prices was from a low of $420,000 to a high of $880,000. Of the 9 homes that sold 2 sold at their original asking prices and 4 sold over their original asking prices. It took these homes an average of 70 days to sell. To see all homes that are currently available for sale through our MLS click here and register with me as your agent. To learn more about this area in general search more around this blog or feel free to contact me directly. Jacaranda Tree in downtown Fairfax by Kelley Eling, Mar...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of June 6, 2012 50% of available listings in Fairfax are in escrow. For the month of May 2012 6 homes (2 of which were distress sales) sold in Fairfax for an average final selling price of $808,650. The average original asking price of these homes was $809,500. The range of final selling prices was from a low of $599,000 to a high of $949,000. Of the 6 homes that sold 2 sold at their original asking prices and 2 sold over their original asking prices. All 6 of these homes were purchased with financing. It took these homes an average of 38 days to sell. To see everything that is currently for sale through our MLS click here and register with me as your agent. To learn more about this area in general, search more around this blog, visit my website or feel free to contact me directly. J...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of May 14, 2012 46% of available listings in Fairfax are in escrow. For the month of April 2012 3 homes (2 of which were distress sales) sold for an average final sales price of $876,633. The average original asking price of these homes was $945,000. The range of final selling prices was from a low of $465,000 to a high of $1,639,000. Of the 3 homes that sold, 1 sold at the original asking price, 1 sold over the original asking price and 1 sold for less. It took these homes an average of 92 days to sell. To see everything that is for sale through our MLS, click here, and register with me (Kelley Eling) as your agent. To learn more about the area in general, search more around this blog, visit my website, or contact me directly. Fairfax Home, by Kelley Eling, Marin County Realtor
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of April 10, 2012 41% of available listings in Fairfax were in escrow. For the month of March 2012 9 homes sold (4 of which were distress sales) for an average final selling price of $499,667. The average original asking price of these homes was $563,978. The range of final selling prices was from a low of $220,000 to a high of $725,000. Of the 9 homes that sold, 1 sold at the origingal asking price and all others sold for less than the original asking prices. It took these homes an average of 73 days to sell. To see everything that's currently available for sale through our MLS, register here with my name as your agent. To learn more about this area in general, search more around this blog or contact me directly. Fairfax Home by Kelley Eling, Marin County Realtor
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of March 8, 2012 an impressive 40% of available listings in Fairfax are in escrow. For the month of February 2012 only 3 homes sold in Fairfax (2 of which were distress sales) for an average final selling price of $596,667. The average original asking price of these homes was $722,333. The range of final selling prices was from a low of $200,000 to a high of $1,300,000. Of the 3 homes that sold, all sold for less than their original asking prices. It took these homes an average of 366 days to sell. To see all homes that are currently available for sale through our MLS sign in here under my name. To learn more about specific properties or this area in general freel free to contact me. Fairfax Hillside Neighborhood by Kelley Eling, Marin County Realtor
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By Foundation Rentals, Best Property Management in Marin
(Foundation Rentals & Relocation, Inc)
  Rented in Cascade Canyon of Fairfax with mutiple offers, a 4bd/2.5 bath with pool for $5100/month. Repped by agents Michael Kass and Darcy Alkus Barrow. Thank you to the owner for listing with us yet again!  
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of February 8, 2012 28% of available listings in Fairfax are in escrow. For the month of January 2012 3 homes (2 of which were distress sales) sold in Fairfax for an average final selling price of $338,667. The average original asking price of these homes was $380,967. The range of final selling prices was from a low of $238,000 to a high of $480,000. Of the 3 h0mes that sold 1 sold over its original asking price and the other 2 sold for less than their original asking prices. It took these homes an average of 85 days to sell. To see everything that is currently available for sale through our MLS click here. To learn more about this area in general search more around this blog, visit my website or contact me directly.
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of January 9, 2012 27% of available listings in Fairfax are in escrow. For the month of December 2011 6 homes sold in Fairfax (2 of which were distress sales) for an average final selling price of $488,667. The average original asking price of these homes was $532,000. The range of final selling prices was from a low of $280,000 to a high of $735,000. Of the 6 homes that sold 1 sold over the original asking price and the remaining 5 sold for less than their original asking prices. It took these homes an average of 105 days to sell. To see everything that is currently available for sale through our MLS click here. To learn more about this area feel free to contact me directly. Fairfax Hillside Neighborhood by Kelley Eling, Marin County Realtor
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of December 9, 2011 32% of available listings in Fairfax are in escrow. For the month of November 2011 5 homes sold in Fairfax (only 1 of which was a distress sale) for an average final selling price of $564,900. The average original asking price of these homes was $652,580. The range of final selling prices was from a low of $255,000 to a high of $$1,050,000. Of the 5 homes that sold all sold for less than their original asking prices. It took these homes an average of 133 days to sell. To see everything that is currently available for sale through our MLS click here. To learn more about this area in general, search more around this blog, visit my website, or contact me directly. Meadow Club in Fairfax by Kelley Eling, Marin County Realtor
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
FHA maximum mortgage amounts are on the rise again... The FHA Maximum Mortgage Limits are increasing to match the limits used earlier this year effective on January 1st 2011. That means in the high cost areas we will be back to $729,750... yahoo! Don't forget the mixed use buildings with four residential units and four-plexes can go as high as $1.4 million. SF and surrounding counties this is your chance to move some of those mixed use and larger four unit buildings.  Also remember it can be anything before the renovation as long as it is 1-4 units after the renovation.  That means it could be a warehouse - turn it into four units... maybe Live-Work units. We turned an 8-plex with studios into four, four-bedroom units, four bedroom units bring very good market rents and are in demand at...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of November 8, 2011 24% of available listings in Fairfax are in escrow. For the month of October 2011 6 homes sold in Fairfax (only 1 of which was a distress sale) for an average final selling price of $604,250. The average original asking price of these homes was $652,667. The range of final selling prices was from a low of $421,000 to a high of $1,144,000. Of the 6 homes that sold, 1 sold over the original asking price and all others sold for less than their original asking prices. It took these homes an average of 77 days to sell. To see everything that is currently for sale in our neck of the woods click here. To learn more about this area in general, search more around this blog, visit my website or feel free to contact me directly. Meadow Club in Fairfax by Kelley Eling, Marin ...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of October 12, 2011 23% of available listings in Fairfax are in escrow. For the month of September 2011 7 homes sold in Fairfax for an average final selling price of $601,429. The average original asking price of these homes was $613,143. The range of final selling prices was from a low of $295,000 to a high of $950,000. Of the 7 homes that sold, 1 sold at the original asking price and 3 sold over their original asking prices. It took these homes an average of 70 days to sell. To see everything that is currently available for sale through our MLS click here. To see some of the many fun things to do in our neck of the woods click here. To learn more about this area in general search more around this blog, visit my website or contact me directly. Meadow Club in Fairfax by Kelley Eling,...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of September 14, 2011 28% of available listings in Fairfax are in escrow. For the month of August 2011 only 3 homes sold in Fairfax (one of which was a distress sale) of an average final selling price of $519,667. The average original asking price of these homes was $539,000. The range of final selling prices was from a low of $299,000 to a high of $810,000. Of the 3 homes that sold 1 sold at the original asking price and the other 2 sold for less than their original asking prices. It took these homes an average of 178 days to sell. To see everything that is currently available for sale through our MLS click here. To see some of the fun things to do in our neck of the woods click here. To learn more about this area in general visit my website, search more around this blog or contact ...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of August 6, 2011 22% of available listings in Fairfax are in escrow. For the month of July 2011 11 homes sold in Fairfax for an average final selling price of $543,727. The average original asking price of these homes was $562,855. The range of final selling prices was from a low of $293,000 to a high of $675,000. Of the 11 homes that sold 2 sold over their original asking prices and all others sold for less than their original asking prices. It took these homes an average of 60 days to sell. To see everything that is currently available for sale through our MLS click here. To see some of the many fun things to do in our neck of the woods click here. To learn more about this area in general search more around this blog, visit my website or contact me directly. Fairfax Traffic by Kel...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
You can tell people a hundred times that time is of the essense and the work should progress at a good pace through completion. Sometimes it falls on deaf ears. Example 1: Recently a client closed a 203k loan and became incomunicative. No one could get hold of her. The contractor failed to start the work saying he MUST have communication with the client prior to entering her property to start the work, and rightly so. I drove over to the home and whne I made contact dialed the contractor thinking it was handled... NOT Several meetings were missed but finally they did get together and the job was started. The frist draw was turned in to find the lender had paid the money down on the mortgage and closed this loan a month before. Lack of communication on the lenders part to the consutant.....
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Fairfax, CA Real Estate Professionals