Mortgage Protection Program helps unemployed in CA

In April of this year, the California Association of Realtors' non-profit organization called the Housing Authority Fund launched what they call their C.A.R. H.A.F. Mortgage Protection Program.

In short, this new program was created to provide some relief for new homeowners who loose their job.

Here are the basics:
1.) You must be a 1st time homebuyer in the state of California
2.) You must open escrow on 4/2/09 or later and close escrow before the end of 2009.
3.) You must use a California Realtor(R)
4.) You must be a w-2 employee (cannot be self employed)

If you'd like to know more, please check out the details at the CAR website: http://www.car.org/aboutus/hafmainpage/carhafmortgageprotection/

Mitch Todd/Realtor

415-259-7082

Marin County single family home sales average $1.125M in March 2009

Marin County stats - updated 04/08/09 for sales through March 31, 2009 according to data recorded in BAREIS (local Mulitple Listing Service).

+Single Family homes sold = 87 homes. Year to date, there have been 217 Single Family homes sold in Marin County, that's a 22% reduction as compared to the same period in 2008.
+Average price of sold Single Family homes in March 2009 = $1,124,922. That's a 40% increase over February 2009, and a 6% decrease compared to March 2008.
+Average time sold Single Family homes remained on the market = 103 days