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| May is a month of growth and celebration as we have all witnessed with the Super Bloom in California. As we head towards summer, we are looking forward to a busy time in real estate and home life. With more people thinking about buying or selling, our market tends to become more active! Continue reading for more news, home tips & tricks, and local events. |
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MARIN MARKET STATS - APRIL 2023 |
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| | $904 Median Price Per Sq Ft |
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Interested in Marin Market Reports |
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| Real Estate in the News- Misconceptions about the Luxury Market |
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| Luxury is the experience, not just a price point. Someone buying their first home for $400,000 considers that as big a luxury as a billionaire buying a huge yacht. BOTH seem a little scary, excessive, and really, really expensive. So let's look a bit further at the 'luxury markets'.... Unlike real estate, those who make luxury goods view all price points within their stable as luxury. They are luxury BRANDS. Period. The personal luxury markets globally account for around $437 billion in spending per year: This is shadowed by luxury cars at over $700 billion, luxury hospitality is around $238 billion, fine wines about $120 billion, fine dining $71 billion, high end furniture at about $66 billion, art $49 billion. Shelter is an essential need. But OWNING a home is a luxury. The value of US homes in total is about $45 trillion and to compare, and globally, in 2021, $3.7 trillion of homes were sold, over 5X the value of the luxury car market. At COMPASS we make every experience at every price point ultra-professional and luxurious. COMPASS is a luxury real estate brand: Our average sales price is ridiculously high (Nationally, over $1m in 2022!). And yes, while those $20 million plus sales make all the headlines - and we sell 'tons' of them - the vast majority of what we sell costs much less.....and that is still a fortune to everyone buying. Much more so than someone buying a Louis Vuitton bag for $2,000. That bag is attainable to MILLIONS more: not a $500,000 home! So when you think of LUXURY, think of BMW, Tiffany, Hermes, Rolex, Jean Georges, etc: all these luxury brands have one thing in common: they sell at multiple price points - from crazy-high to much more attainable - and treat ALL their clients to a luxurious EXPERIENCE. Courtesy of Leonard Steinberg, Chief Evangelist for COMPASS |
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| Mill Valley Music Festival |
| The Mill Valley Music Festival is a two-day outdoor arts and culture event produced by the Mill Valley Chamber and Noise Pop Industries, it features a heady, multi-genre mix of diverse national acts and local lights, coupled with world-class food, drink and art for your best friends and the ones you have yet to meet. The Mill Valley Music Festival takes place at Friends Field, located adjacent to the Mill Valley Community Center, turning it into a sprawling festival grove for a two-day, all-ages celebration of local arts and culture. Nestled below the slopes of Mount Tamalpais, this new destination festival looks to serve as Mill Valley’s signature event drawing attention to the longstanding cultural contributions of Mill Valley throughout the greater Bay Area and far beyond |
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| | | Join us for Marin’s second annual wildfire prevention festival, Ember Stomp at the Marin Civic Center Fairgrounds from 11AM-5PM. We are all in this together! Ember Stomp invites residents to learn their role in being part of a fire-adapted community and how we can all prepare for wildfire. This year offers a bigger space with new music, entertainment, exhibits, vendors and a live burn demonstration. This FREE event is fun for the whole family. Join the fun and be part of the solution – lowering Marin’s risk of wildfire together! |
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| | | A French Style Antique Market
Experience the ambiance of the French flea markets in Paris right here in Marin.
The market brings together over 140 booths of antique and vintage treasures
Enjoy a Sunday stroll through aisles of home and garden décor, vintage and estate jewelry, collectibles, books, vintage shabby chic, farmhouse style, art, pottery, silver, rugs and a host of other items. Listen to live French music, grab a tasty crepe, greet your favorite exhibitor with "Bonjour" and come home with a treasure or two. |
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| Lifestyle Tips and Tricks- Spring into Summer with an Organized Home |
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| | | 6 BD 5 BA 4035 SF $3,395,000 |
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As always we are here to answer questions and chat about your real estate needs at any time. We appreciate your referrals to family, friends and colleagues too! |
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| | Luxury Property Specialists Laura Reinertsen | DRE 01226087 Kristin Sennett | DRE 01348547 Suzanne Hughes | DRE 02157456 415.302.6172 | 415.819.7472 | 415.706.9953 suzanne.hughes@compass.com |
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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 informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, 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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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