2018 MARIN REAL ESTATE REVIEW

There were almost too many local, national and international political, economic, social and ecological factors impacting the 2018 market to count. In the first half of the year, market conditions were very hot, and there were strong year-over-year appreciation rates. Come summer/early autumn, real estate and financial markets began to shift distinctly cooler. Looking at 2019, there are many wild cards whose impacts are difficult to predict: extremely volatile financial markets, fluctuating interest rates, contentious national politics, international trade issues, spiraling debt levels, employment growth - and a dramatic surge of local high-tech unicorns that plan to go public, which could create a tsunami of new wealth in the Bay Area.

 

MARIN MARKET CONDITIONS

Gain a snapshot into Marin County's current market conditions. See full report on Pacific Union's website:

 

BUY VS. RENT CALCULATOR

Deciding to make the leap from renting to owning can be a difficult decision to make. In addition to mortgage payments there are costs associated with upkeep and maintenance, as well as, taxes to consider.

I recently came across an online calculator which factors in many of estimated costs associated with owning a home vs. renting. If you are thinking about home ownership, this is a recommended tool for getting that conversation started: