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Marin County Real Estate: Don't Believe Everything You Read; The Bottom Is NOT Falling Out
As the avalanche of scary real estate news continues, we've noticed a new trend in offers on real estate in Marin: buyers coming in with extremely low offers on property, often in the range of 80% of the asking price. Last night I heard about a home asking $950,000 that received an offer of [...]
Fed Rate Cut: It Won't Change Marin Mortgage Rates, But It Will Improve The Market
The Fed's surprise rate cut last week of .75 points won't affect mortgage rates, at least in the short term. But it will be a big net positive for the market. There will be three big effects on consumers that will positively affect house-buying activity. 1. Home Equity Loans. If you have one and it's linked [...]