Seven to eight percent of Marin homes sold each year are considered luxury properties. This chart shows that luxury home prices have surged since 2019 (up 18-20% each year in 2020 and 2021), leveling in 2022 and 2023. Since statistics can be misleading and misinterpreted, we checked two indicators of sale price: Median sale price. The median price peaked at $6.6M in 2021 and decreased Continue Reading
Make Your Life Easier With a Reverse Mortgage
Advantages of a Reverse Mortgage If you are 62 or older, you may want to consider a Reverse Mortgage on your home. Reverse Mortgages have improved in recent years, and may bring you important benefits at a lower cost. If you owe very little or nothing on your home, you can use a Reverse Mortgage (FHA-insured Home Equity Conversion Mortgage, or HECM) to live on your equity without mortgage Continue Reading