Archive for the ‘Uncategorized’Category

Monthly San Francisco Rent Payments Average $4,225 in April

Renting in San Francisco continued to get more expensive in April, according to the Zillow Rent Index, released late last week. According to the report, the average rent in San Francisco in April was $4,225 a month. That’s 1.1 percent higher than the average rent amount in March, and a staggering 16 percent surge from April 2014. The increase for the entire San Francisco metro area was at 14.9 percent, easily the highest rental growth rate for a major city The only cities where rents rose anywhere near as much were San Jose CA, with a 12.9 percent increase; and Denver CO, at 11.6 percent. Besides San Francisco, several other Bay Area cities experienced a massive surge in rents over the past year, including Berkeley, where the average rent rose a painful 30.9 percent.

 

In an attempt to avoid variations caused by specific inventory on the market at a given time, Zillow’s Rent Index assesses the rental values of all properties within a city, not just what’s available to rent at the moment.

26

05 2015

San Rafael DUI Checkpoint Tallies Just One Arrest

There was only one arrest Saturday night at DUI checkpoint in Marin County. According to police, a total of 1,113 vehicles were screened at a checkpoint set up near the intersection of N San Pedro Road and Civic Center Dr. in San Rafael, and one man was arrested and charged with driving under the influence after he failed to stop at the checkpoint. Officers did administer field sobriety tests on 18 drivers, and cited 18 drivers for driving without a licens or with a suspended license. The one man arrested for DUI was 37 year-old Alan Oroxon Castillo, who appeared intoxicated and had open containers in his vehicle after he failed to stop at the checkpoint. He was also charged for driving without a license.

05

05 2015

AAA Offers Free “Tipsy Tow” Service for Bay Area’s Cinco de Mayo Partiers

In an effort to keep Cinco de Mayo revelers safe, the Northern California AAA is offering free “Tipsy Tow” service for residents of the Bay Area, including a ride home. If residents of Mill Valley, Belvedere, Tiburon; or anywhere else in the Bay Area find themselves out on Tuesday night and too tipsy to drive safely, all they have to do is call (800) 222-4357 and AAA officials will send a tow truck to their location. The two truck will even transport passengers, provided there is enough room in the tow truck. “Many people enjoy getting into the spirit of Cinco de Mayo, which tends to involve plenty of celebrating,” explained Cynthia Harris, a spokesperson for the N Cal. AAA. “If you’ve been drinking alcohol, don’t get behind the wheel. Give AAA a call and we’ll make sure you get home safely.” Those requesting the Tipsy Tow service do not have to be AAA members, Harris added, while also noting that reservations for the service will not be accepted.

05

05 2015

Luxury Rentals in Marin County

If you are looking to relocate to the Marin area and not purchase a home immediately there are a number of high end rentals available.  As of July 1, 2014 there are 13 single family homes for rent ranging from $8,000 to $15,000 per month.  You can email me for details and I will send you a list.

01

07 2014

Time Running Out on Van Damme Ferry Preservation Effort

Time is running out for a local group aiming to save the iconic Charles Van Damme ferry, or what’s left of it, anyway, as the remaining parts of the ship are scheduled to be demolished on August 15th if the group fails to raise another $45,000.  Most of the boat was destroyed by bulldozers in 1983, leaving only the enormous paddle wheel and steam stack, which have stayed to this day along the shoreline near Sausalito.  Organizers of the Charles Van Damme Ferry Project are hoping to move the remaining pieces and launch an exhibit to honor the ship’s colorful history.

Originally constructed in 1916, the Van Damme was first used to ferry people, cattle and cars between Richmond and San Rafael.  The ferry route ended in the mid-50s and the ship was moved just north of Sausalito, where its remnants remain today.  Since then the Van Damme has been used as a restaurant and most ntably as an after-hours club called the Ark, a favored hangout for influential rock musicians of the 1960s including Janis Joplin, Jimi Hendrix, Bob Dylan, Carlos Santana and the Grateful Dead.  The boat also appeared in a 1965 Jimmy Stewart / Brigette Bardot film called “Dear Brigette.”  The Van Damme was condemned as a fire and safety hazard in the 70s, and has sat vacant since despite ambitious plans to turn the ship into a library, community center or youth hostel, all of which fell through because of lack of funding.

According to  Charles Van Damme Ferry Project co-founder Dona Schweiger, organizers have raised enough money to move the Van Damme’s steam stack, but another $45,000 is needed to move the paddle wheel.  The group is making one last push to raise the funds they need before the August 15th deadline, set by developers planning a park for the land the boat’s remnants occupy near Waldo Point Harbor.  For more information about the  Charles Van Damme Ferry Project, or to donate to the effort, Click Here.

01

08 2013

Home Construction Bounces Back from April Slide

The US housing sector got back on track in May according to a report issued Tuesday by the Commerce Department.  The report shows a strong rebound in the construction of new single family homes following a steep dropoff in building activity in April, when housing starts slipped a staggering 15 percent.  Last month’s rebound underscores the sentiment of numerous analysts that believe the housing sector is currently fueling the economy’s recovery from the worst recession since the 1930s.

Last month, housing starts rose 6.8 percent to a seasonally adjusted annual pace of 915,000 units, according to Tuesday’s report, which also showed a significant improvement in building permits for single family dwellings.  The rise in permits bodes well for construction over the next few months, as it typically takes several months after a builder applies for a permit before he actually breaks ground on the project.  Overall building permits were actually down last month, thanks to a steep slide in multifamily units, but analysts point out that multifamily permits are always volatile, and its more important to focus on permits for single family homes, which rose about 1.3 percent in May to a seasonally adjusted annual rate of about 615,000.

Tuesday’s report further enhances the belief of many economists that the housing sector has finally become one of the strongest drivers of US economic growth.  Home construction is vital to the broader US economy, as it has outlaying effects on other sectors.  Manufacturing, for example, gets a boost from sales of building materials when home construction is strong, and consumers tend to spend more because new homes drive up prices in neighborhoods, making them feel wealthier.  And, as the National Association of Home Builders points out, each new home built in the US creates an average of three jobs for a year and $100,000 in tax revenue.

18

06 2013

Controlled Burns in Mill Valley

You may see or have seen smoke in the Mill Valley area this week.  The city is doing controlled burns in the Fort Barry area to prevent / reduce the danger of fire.  If you would like more info you can call GGNRA’s fire education officer @ 415 464-5133.

13

06 2013

Buyers seeing a surge in bidding wars on houses in Marin County

21

05 2012

Mortgage Rates end 2011 under 4%!

Average fixed mortgage rates in the U.S. over the past week finished the year near all-time lows, with the 30-year home loan at 3.95%.

According Freddie Mac’s weekly survey of mortgage rates, the rate for a 30-year fixed-rate mortgage has been at or below 4% for the past nine consecutive weeks and only twice in 2011 did it average above 5%.

The 30-year fixed-rate mortgage averaged 3.95% for the week ended Thursday, up from 3.91% the previous week and below 4.86% a year ago. Rates on 15-year fixed-rate mortgages averaged 3.24%, up from 3.21% last week and below 4.20% a year earlier.

Five-year Treasury-indexed hybrid adjustable-rate mortgages, or ARM, averaged 2.88%, up from 2.85% yet below 3.77% of a year ago. One-year Treasury-indexed ARM rates averaged 2.78%, up from 2.77% in the prior week and below 3.26% last year.

To obtain the rates, 30-year and 15-year fixed-rate mortgages required payments of 0.7 percentage point and 0.8 percentage point, respectively. Five-year and one-year adjustable rate mortgages required an average payment of 0.6 percentage point. A point is 1% of the mortgage amount, charged as prepaid interest.

05

01 2012

Results for May 2011 Marin County Real Estate

05

07 2011