Novato's housing market has seen a lot of changes during the past two years, and it has been very interesting to be in the midst (or forefront) of it al - even though I don't like the reason why it's that way, it is the way the market had been during the past two years.
Novato is setting a trend in Marin County for what's going on after the housing market crash and I anticipate seeing similar pattern rippling through Southern Marin, even if its not the same magnitude.
There are quite a few reasons why you would see a house being listed and then sold. Again, depending on the source you are looking at, it might or might not be legitimate. Yes, quite a few a actually foreclosures, and/or auctioned off to investors and they turn around, some upgraded the house, others not, and sell the home. This is the new flip.
My clients bought a few homes through the investors like that and they are quite happy with their purchases.
The investors (at least the ones I happened to work with) are reputable, and keep their words on the improvements they plan to make to the house before selling to my clients. My clients are happy to get updated home that are move-in ready (acutally very charming) at market or below market value.
Why don't you send me the addresses of the few homes you saw and I can take a quick look and see what happened to those homes.
Frank Howard Allen Realtors