Before you are driven nuts with numbers, driving you nuts with numbers is a skill I learned in getting a BS from UCLA in Engineering … thus a short LA name-drop sequence… the (then) wild Bill Allen Jr, who, in an unauthorized, mid-day car chase through Westwood Village (cop car lights flashing, that’d be me!) stood and endured Frank Marshall’s ensuing rage; Bill, who has a 400-acre vineyard for sale (price upon request) … but as I recall Frank continued to laugh and do magic tricks and pulled off the only reverse kidnap anybody has ever heard of in the history of fraternities. …. oh, and the days and days and days Marshall and Tuttle had the pledges and CHiPs searching for their remains in Death Valley during finals … or Chuck Solomone’s pre-Vietnam Tri-Delt sorority raid with Elmer Fudd at the wheel in the Barfmobile … oh, the adventures … oh, our lives filled with Fun Momentum … see, there’s a point …remember some of your fun times and the momentum ….which we call Market Momentum … which is similar to but not quite as much fun as fun momentum …Let’s get some numbers flowing …. In Marin during the past seven days, there is some interesting market momentum to reckon with so, as gold soars and the Giants ready themselves for today’s playoff game … YIPEEEEE….

There have been 30 percent more price reductions than there have been new listings brought on the market … Good news? Sellers are listening? Agents making sense of the momentum they sense? We’ll see.

There have been 30 percent more new listings brought on the market than have closed escrow … a few brought on by the banks (ahem! Saw that coming, didn’t we?)

And … almost as many listings came back on the market (most having fallen out of escrow) as there are homes that have closed escrow.

Yet in some categories one in four homes is in escrow … which isn’t too shabby …

So here’s the rub .. tell me what market momentum theory says to you, Jeff ‘Stone Turner’ Sterley … or you, Scott of Bank Street … or you, James Cottle … quick, before your anniversary … CONGRATS (and thank you, Wyndee, for the loan of ‘The Imperfectionists’ … and you’re invited to the novel party on the 23rd, RSVP, or you … )

Try this … there is generally a ‘momentum’ to patterns, trends, habits and even markets. If you substitute the word ‘energy’ for ‘momentum’ and read the energy … which with my MIM (Masters in Intuition Medicine) I see as a dull orange with flakes of dull gold … if this is too woo wooo for youuuu, oh well … back to specific real estate until we hear more theory from those real estate folk ….

Today’s southern Marin tour featured 92 homes …. two luscious DeSilva Island homes … Karen Plastiras’ #43 … with a David Munson feast and Lois Scheinberg’s (previously mentioned one-level, waterfront, VIEWS, patio and so much more … both now priced at $1,495,000 (each)… amazing but that’s what happens these days … values getting there? Is NOW your opportunity? Let’s talk! www.tomverkozen.com or (415) 257-2039  … I’m easy to talk to …

Then there was the ‘most iconic’ of properties … 167 Lovell … a true love of a four bedroom near town … this so Mill Valley home at its best is offered by Tracy McLaughlin at $2,295,000 …

And the coup de grace was a stunning contemporary home, formerly home of today’s pitcher … standing 5’11’, it’s 26-year-old Tim Lincecum …real estate? Oh the VIEWS! This is a really fun home in the hills of Sausalito with …. drum roll … a back yard …offered by Susan Hewitt at a smidgen under $3M.

Looking forward to your wry observations ….

Posted by:  Tom Verkozen