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Video Series with Mike Kelly & Toni Esposti

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Federal Shut-down shutting down Lending?

 

Mike Lamka–30+ years lender professional in Sonoma County. Great guest on today’s show.

Thanks to Mike Lamka of Freedom Mortgage for coming on the show this morning to discuss the current state of the lending world during our most recent government “shut-down”. The biggest issue was the announcement by FEMA stating no flood […]

Fulton Crossing Art Center–Show Recap

Thanks to Rami Batarseh of Batarseh Real Estate for discussing his latest endeavor; “Fulton Crossing”. Below is a link to the story of the revival of the old Fulton chicken processing plant. As a kid growing up in Guerneville, I drove by the chicken plant many, many times and its current usage is vastly superior to the […]

How Long Can the Real Estate Boom last?

I’ll be discussing a recent article by Robert J. Shiller (of Case/Shiller Fame) where he discusses probable reasons FOR the surge but is really at a loss as to WHEN it will end and WHAT will cause it to stumble and fall. He writes of the three great booms and how this current one is […]

Special Guest–Giuliana Brockway–Brockway Law Trust & Estate Planning

This week on “The Real Estate Hour”, Sundays, 9 to 10am PST, KSRO, 1350AM or 103.5 or 94.5FM or www.KSRO.com will be . Giuliana Brockway talking trusts and estate planning. We will touch upon various ways to hold title to real estate, do you really need a trust to own real property? Is it smart to make […]

Structural Engineers–Why you should consider this during your Home Inspection period.

This Week’s Guest: Marc Durand–Residential Structural Inspections

(Mike next to Marc Durand with his “Speedy” work helmet! )

When should I hire a structural engineer? Buying/Selling Of A Home: In many instances, we are called to evaluate a potential problem un-covered after a home inspection. In this scenario, the homeowner is usually selling their […]

Default Rates not the pin to burst this real estate bubble!

One of the main factors of a real estate “Bubble” is the appearance and increase of the mortgage  “default” rate. This usually goes hand in hand with years of issuing shady lending. We saw it in the 2008 real estate crash when default rates soared first at the “sub-prime” level but then  the “A+” paper. […]

Market Slow Down–Interest Rates or Affordability?

The current slowdown of the real estate market is being blamed on higher interest rates and/or affordability. Interest rates have moved over the past five years from lows in the 3.40% range to the current 4.94% range. You’d think 1% would not make a huge difference in qualifying but when you add in the lack […]

$1Mil+ Market–coming back to earth!

For the past few months the $1Mil+ price segment has been very robust. While the overall market languished in mediocrity, except for a record high median home price which quickly fell the following month, the $1Mil+ range was surging. June sales, off -20% in the overall market was UP +20% in the $1Mil+ market. Huge […]

Sunday, July 15th Show–$1,000,000 Real Estate Marketplace Reviewed!

Sunday’s show we’ll be discussing the surging $1Million+ Real Estate marketplace! It dragged the median home price over the $700,000 level for the first time ever–in history!  The only hesitation in the marketplace in this exclusive price range is the total inventory is not increasing in any big numbers. 

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New Median Home Price Record set for Sonoma Cty: $707,000!

This Sunday on the Real Estate Hour, I’ll be discussing the surging Median Home price for Sonoma County. Now at a new record of $707,000. Wow. Attached our graphs on the current state of the real estate market compared to last year at this time. Sales are DOWN 20% over last year. No doubt the […]