Outstanding Online Resource

Next Generation Real Estate offers CleanOffer to all clients and friend. This site tracks the North Bay MLS (including Marin, Sonoma, Napa, and Mendocino) and allows users to create custom searches, track listings, and review property details. We feel it's the most useful local site for buyers, sellers, and those who just like to keep up on the market in their area.

CleanOffer is a pay site. Fortunately, Next Generation Real Estate has purchased an unlimited subscription that allows all our clients and friends to use the site for free. Simply register as our client and you'll get unlimited access. Registration instructions are below:

• Click on the link above. (There is also a permanent link in the "Links" section of our blog.)



• Click on “Buyers & Sellers Register Here.”



• Click “I Agree” on the Membership Agreement page (assuming you do agree).



• Fill in the registration form. Type “Jess Pearson” when they ask for agent’s name.



• Click “Jess Pearson.”



• Click “Submit.”



• Click “I accept.”



• Click “Submit.”

You’re done. Happy searching!

When Sales Go Down, Prices Go Up

Only in Marin...

Faithful readers of Thanks for Your Referrals, the occasional newsletter from Next Generation Real Estate, will recall an article from our January, 2007 issue, in which we encouraged nervous properties owners to maintain a long term outlook on their investments. To illustrate that point, we offer newly available data to support a buy-and-hold strategy.

These statistics strongly suggest that major fluctuations in the Marin real estate market have a greater impact on housing units sold than on sales prices. Translation: In "down markets," Marin County home owners simply stop selling, rather than selling for less. The first chart below tracks average Marin County sales price from 1975-2006.

This next chart shows average units sold per year in Marin County over the same period.

We find these two charts highly illustrative. When it come to stocks and bonds, we've often been told that trying to time the market is a fools errand. It appears the same edict applies to Marin County real estate, as well.

You Never Forget Your First time

Next Generation Real Estate is getting blogged down. And it's about time!

Welcome to our latest resource for clients, friends, relations, and people with too much free time at work. Check back often for timely reports on the state of the Bay Area real estate market, as well as updates on the lives of your favorite intergenerational real estate team.