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Dear Clients, Family, Friends, and Neighbors,
I hope you have all been enjoying the unseasonably warm and sunny weather. Everyone seems to have a smile on their face, which is great to see. One of my favorite things to do in February is hiking to Phoenix Lake and Cataract Falls. The waterfalls are spectacular this year and do not disappoint. The unrivaled nature here in Marin makes it easy to stay healthy. MarketWatch ranks Marin County as the healthiest county in the United States. California is the only state with three counties in the top 10, all in the Bay Area. Click here for the article
One of my favorite articles this month was in the Wall Street Journal. Seeing a few positive articles about San Francisco and the Bay Area is refreshing. "Founders and investors who moved to Miami and elsewhere are returning to a boom in artificial intelligence and an abundance of tech talent...During the pandemic, scores of Silicon Valley investors and executives decamped to sunnier American cities...Four years later, that bet hasn't really worked out. San Francisco is once again experiencing a tech revival. Entrepreneurs and investors are flocking back to the city, which is undergoing a boom in artificial intelligence...Investors are also pushing startups to return to the Bay Area and bring their employees back into the office. San Francisco has largely weathered the broader crunch in startup funding. Investment in Bay Area startups dropped 12% to $63.4 billion last year. By contrast, funding volumes for Austin and Los Angeles, two smaller tech hubs, dropped by 24% and 42%, respectively. In Miami, venture investment plunged 70% to just $2 billion last year. 'An ecosystem such as SF's that has been built over the last 50-plus years doesn't just die because of a pandemic for a few years.'" Click here for the article.
The real estate market is heating up, and while it’s too early to make any forecasts for the spring market, buyers seem to be jumping back in. This month, there have been a few frothy multiple-offer situations that are reminiscent of 2021/2022. With a list price of $1,995,000, 210 Evergreen Drive in Kent Woodlands received eight offers and closed for $2,450,000 – 22.81% over the list price; 26 Baltimore Avenue in Larkspur was listed for $2,495,000, received seven offers and closed yesterday for $3,000,000 -20.24% over the list price; 19 Southview Terrace in San Anselmo was listed for $1,295,000, received 10 offers and closed for $1,750,000 – 35.14% over the list price.
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Ready, set, go! The 2024 real estate market officially kicks off on March 1st and our team is hard at work prepping many fantastic listings (at all price points). I cannot stress enough how important properly preparing a home for the market is to obtain top dollar, regardless of inventory and interest rates. There is a meaningful return on investment, and it ensures that your home appeals to today’s buyers who want inspirational and aspirational, move-in ready homes and outdoor spaces. It takes a team to do what we do and managing the pre-listing preparation process from start to finish is an important part of the listing process.
We are thrilled for our team member, Carli Beaumont and her husband Johnny who just closed on their first home. Carli works with many of our buyer clients and now has personal experience to share on our upcoming First Time Homebuyer Webinar. Carli and Kaitlin will be hosting the webinar.
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As always, please reach out anytime. I love hearing from you.
All the best,
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Current Active Properties | |
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Coming Soon
224 Woodland Road
Kent Woodlands
List Price: $11,500,000
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Coming Soon
Custom-Built Luxury Home. Country Club Area
Mill Valley
6 BD | 5 BA | 5,705 SQ FT | 1.9132-Acre Lot
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Coming Soon
603 Goodhill Road
Kent Woodlands
4 BD | 3.5 BA | 3,586 SQ FT | 1.9972-Acre Lot
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Coming Soon
Custom-Built Luxury Home. Mt. Tam & Bay Views
Larkspur
5 BD | 4 BA | 4,102 SQ FT | 0.5739-Acre Lot
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Coming Soon
Del Mesa Private Retreat
Kentfield
5 BD | 5.5 BA | 5,000 SQ FT | 0.4315-Acre Lot
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Coming Soon
Single-Level Home. Easy Trail Access
Kent Woodlands
3 BD | 2.5 BA | 3,026 SQ FT | 0.4917-Acre Lot
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Coming Soon
30 Ross Terrace
Kentfield
4 BD | 4 BA | 3,638 SQ FT | 0.0835-Acre Lot
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136
Successful Buyer Purchases
Larks.
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Buyers seeking high-end construction or move-in ready home in Kent Woodlands, Tiburon, or Belvedere. Single-level and large walk-in closet preferred. Budget up to $8M.
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Buyers seeking home in Larkspur or Corte Madera. Willing to do work but also interested in move-in ready with a minimum of 4 bedrooms or room to add on. Budget up to $6M. Buyers seeking home in Larks.
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Buyers seeking home in Lucas Valley with large lot and pool, minimum 4 bedrooms. Updated finishes and an ADU preferred. Budget up to $4M. | | |
Buyers seeking home in central Marin. Minimum 3 bedrooms, looking for a home with upside potential and yard for dog. Budget up to $2.5M. | |
2024 CHC Team Property Sales | |
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Belvedere Waterfront Home
Sold Off-Market: $8,600,000
Buyer Representation
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5 Palmer Court
Tiburon
Sold: $3,388,500
Buyer Representation
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121 Harbor Drive
Corte Madera
Sold: $1,520,000
Buyer Representation
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Compass Luxury Report - End of Year 2023 | |
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Tech Leaders Fled San Francisco During the Pandemic. Now, They’re Coming Back.
WSJ - February 19, 2024
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San Francisco Is Making a Comeback as Fewer Home Buyers Are Leaving for Other Metros
WSJ - February 2, 2024
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Nine-Figure Home Sales Are Skyrocketing. 'Soon $100 Million Will Be $200 Million'
WSJ - February 2, 2024
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The Healthiest & Unhealthiest Communities in the U.S.
MarketWatch - January 5, 2024
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Marin County Real Estate Report
Compass - February 2024
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Seasonality & Bay Area Real Estate Markets
Compass - February 16, 2024
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How to Create Fire-Smart Landscape
UC Marin Master Gardeners
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How to Space Your Trees and Shrubs
Fire Safe Marin - January 18, 2024
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23 Ross Common, Suite 3 | Ross, CA 94957
415-461-8609 | carey@chcteam.com
chcteam.com | DRE 01323032
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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 is intended for information purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, conditions, sale or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. | | | | |
