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Bubble? Not with this lack of inventory–but affordability woes persist.

Sales are up in the $500,000 to $1,000,000 price points in Sonoma County, Calif. Affordability and lower priced homes are rapidy disappearing. […]

Home Affordability Crisis looming? OR is it here now?

Here in the “Wine Country” of Sonoma County, California, home prices have moderated over the past 5 months but affordability reached a new “post-crash” low of 24%. This means only 24% of our citizens can afford to buy the median home price of $529,000 based on the county wide median income. Median home price has […]

Otto Kobler, Summit Funding Joins us on the Real Estate Hour – New Loan Programs and Updates

Did you miss it??…here’s the podcast;

http://media.ksro.com/Podcasts/1392/RealEstate%20083015.mp3

Real Estate Hour favorite, Otto Kobler of Summit Funding will explain a new more -flexible (?) Fannie Mae loan. Plus; What’s up with interest rates, Jumbo financing, Bridge loans, and more.

Otto KoblerSummit Funding, Inc.Branch Manager / Senior Loan Officerokobler@summitfunding.net

NMLS ID#: 225957 CA BRE ID#: 00981742 […]

1 minute housing market update for Sonoma County, California

The new years is getting off to a slow start. January was the worst “Sales” month in 7 years. We sold, for the entire county, only 221 “Detached” homes. February, with only 28 days, didn’t boast any significant increase over January with a meager 241 homes closed.

1 year of “Detached” single family homes […]

Top 6 Leading Indicators for a Healthy Real Estate Market for Sonoma County!

CAR Market at a Glance–Leading Indicators to watch for in our California Real Estate Market 2013 year end.

Sonoma County Realtors and Homeowners should keep track of these 6 leading indicators to a healthy real estate market. One NOT on this chart is the “Distressed” market. Once almost 60% of ALL of our monthly […]

51 BIG reasons to BUY REAL ESTATE NOW in Sonoma County!

The median home price surged dramatically over the past two years

Sonoma County, California median home price  up 51% in the past two years. Home sales are lagging due to seasonal changes but the median home price keeps right on it’s upward spiral.  The reason? The distressed sales market or those properties being sold as “bank-owned” […]

Sonoma County,Ca-July Sales -5% over last year-BUT!

That’s the headline–Monthly Sales DOWN–market must be cooling? Sluggish? But look closer–break out the sales by price point and it is a dramatically DIFFERENT STORY! See the following graphs:

Overall Sales for Sonoma County

As you can see by the above graph OVERALL Sales for Sonoma County -5%. BUT–let’s dig deeper and drill down […]

All Categories of “Foreclosures” down EXCEPT the actual FORECLOSURES category-flat but NOT down!

Sonoma County, California–Note that the “Pre-foreclosure” market place, those 90 days late or “in-default” has fallen dramatically, almost 70% from the previous year, same is true of the “Auction” properties with a BIGGER decline of over 75%. However, the actual “Foreclosed” upon homes is NOT that dramatic year over year, 45% decline but note the […]

Foreclosures quickly becoming a thing of the past here in Sonoma County, California

Sonoma County, California–June of 2013 has seen the ever accelerating decline of the “distressed” real estate market place. The new “Equity” Seller, or what we affectionately now call-“move arounders” because they go up, laterally and down with a new purchase, are NOW the dominate player in our real estate market. The “dark” days of the […]

Sonoma County Real Estate Market Update–First 6 months Review!

The “Wine Country” real estate market has many “micro” areas from the blistering hot demand and sales town of Sonoma with its idyllic town square, to the SW area of Santa Rosa which is seeing price recovery slower than any area in Sonoma County. I’ve taken the first six months of this year […]