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Marin real estate presents unique obstacles to first-time homebuyers

Published Sunday March 12

When first-time homebuyers Kit and Chris Murphy embarked upon their search for a Marin home, they were excited about the prospects of sunny weather, a yard and good public schools.

Now, 2 years and 3 not successful bids later, their 11-month-old son is sleeping in a closet in their San Francisco apartment and they’ve upped the amount they’re prepared to pay.

Ca. is the worst state for first-time homebuyers, according to a recent Bankrate.com study and as the Murphys’ experience attests, Marin might well be one of the worst counties in Ca. for these buyers.

Ravasio added, “Seems like inventory’s always low.”

Article length: About 690 words.
Tags: Larkspur
Read more at Marinij

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