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Victoria Wells

MARIN REAL ESTATE REALITY CHECK REPORT AUGUST 2008

READ ALL ABOUT IT AND GET A MARIN REALE STATE REALTY CHECK, just click on the link below:

http://www.sfmarin.com/cgi-bin/password_manager/program_files/omlsmarpricing.pl?search1=vawells@comcast.net

Victoria Wells

Broker Associate

Bradley Real Estate

415-209-9020 direct

Http://www.marinbesthomes.com

RENT VS. BUY!

TO calculate rent vs. buy go to: http://www.sfmarin.com/cgi-bin/password_manager/program_files/omlsrentbuy.pl?search1=vawells@comcast.net

Curtusy of Victoria Wells/Broker Associate

Bradley Real Estate

415-209-9020 direct

www.marinbesthomes.com

ROSE BAWL DANCE

Come celebrate the Larkspur Centennial on Saturday, September 13, 2008 from 7:30pm to 12:30am at the Escalle Winery in Larkspur. Dance under the stars with Royal Society Jazz Orchestra, Dick Bright Orchestra and Ready Willing and Mabel vocal jazz quartet. To learn more and to order tickets go to: Http://www.larkspurcityhall.org

For all your real estate and investment needs, contact Victoria Wells at M. Property Global Network, Inc. 415-710-4090, email: vawells@cmcast.net

Cities of Marin What's in the Name Cont.

San Rafael- the heart of Marin

With the open space, numerous parks places to get away from it all and it is also a cultural, political and geographic center of the county. San Rafael is the heart of Marin. Located 17 miles north from San Francisco, San Rafael stretches 16.5 square miles bordering San Pablo and San Francisco Bays. The city's Hispanic roots are reflected in graceful St. Rafael's Church built on the site of the original San Rafael Arc-angel, founded in 1817 by Spanish Franciscans.

Population: 58,047

Size: 16. 5 square miles

Median home price, June 2007: $ 975,000

http://www.cityofsanrafael.org/

Belvedere, the wealthiest community in Marin, is among the top 10 well-heeled towns in the nation. Belvedere enjoys well deserved name, meaning a "beautiful view." To the west , Mount Tam is a clear view across the Richardson Bay from magnificent homes along San Rafael Avenue. To the south, the Golden Gate and the Bay bridges point like fingers at San Francisco's skyline. In the middle there is an Angel Island and the Alcatraz. The island was subdivided in 1890, and it became a city in 1896. Belvedere is almost entirely residential.

Population: 2,149

Size: 1 square mile.

Number of homes: 1, 059

Median home price, June 2007 $ 2 million

http://www.cityofbelvedere.org/

Mill Valley, although the residents preferred the name Mill Valley, the town was renamed Eastland in tribute to developer Joseph Green Eastland. In 1900, citizens incorporated and reclaimed the name Mill Valley. In the early days, Mill Valley and Tamalpais Scenic Railroad established the town as a tourist destination. The eight-mile, 281 curve ride on the "crookedest railroad in the world" took passengers up and down the mountain until 1930.

Population: 13,822

Size: 4,75 square miles

Number of homes: 6,259

Median home price, June 2007: $ 1,615,000

http://www.cityofmillvalley.org/

Victoria Wells

Broker REALTOR, ecoBroker, E-Pro, SRES

M. Properties Global Network, Inc.

Larkspur, CA 94939 415-710-4090 www.MarinBestHomes.com

www.MPGNI.com

IS THIS THE RIGHT TIME TO BUY?

Historically, Californiamoney Real Estate Has Been a

Strong, Long-Term Investment

Okay, so the word is out: It's not a great time for flipping houses. While just two years ago it made great TV and even better headlines as many homeowners realized a lot of money on the sale of their property, the market has certainly changed and people looking to make a fast, quick buck in real estate may have to look harder, longer and closer at their choices. But for people who view real estate as the foundation for a long range financial plan, there may be no time like the present to buy.

Just the Facts

While year-to-year fluctuations are normal, historically real estate has remained one of the best performing and consistent long-term investments. Real estate, like all investments, is cyclical in nature; markets go up and markets fall. But if you look at real estate - especially in California - as a long-term investment, you should consider the following:

National Figures

• According to the National Association of Realtors, median existing U.S. home sales prices have increased on average 6.5% each year from 1972 through 2005 and 88.5% over the last 10 years.

California

• Looking at the last 37 years of real estate in California, we have seen very few times in which real estate values have dropped.

• According to the California Association of Realtors, since 1970, the real estate market in California has only dropped seven times, six times under 3.7% and only once at 4.5%

• In 1970, the median cost of a single family home in California was $26,000

• Today, 37 years later, California homes have seen a 2,165% increase as the median cost of a home is now $588,970.

Locally

• According to the California Association of Realtors, in 1990 the median price of a single family home in Marin County was $346,153

• Today, just 17 years later, that same single family home is selling for $1,064,285 - a 207% increase.

The Bottom Line

The current housing market offers a unique window of opportunity for confident buyers. The exciting news is that for the first time in quite a while, the stars are in alignment for consumers: mortgage rates remain low (certainly by historical standards) and there is a large selection of homes to choose from. There may be no time like the present to buy.

I am providing you with this information so that you can make an informed decision about the current market. In the last 15 years we've seen very few opportunities in which buyers can prevail and now truly is the time. If you'd like to discuss your opportunities in relation to the current real estate market, please contact me today.

Victoria Wells

Broker, EcoBroker, SRES, e-Pro

M. Properties Global Network, Inc.

Larkspur, CA 94939

415-710-4090

vawells@comcast.net

http://www.marinbesthomes.com/

http://www.mpgni.com/

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