Category Archives: Homeowners

David Guhin, Assistant City Manager, and Director of Planning and Economic Development for the City of Santa Rosa on The Real Estate Hour

David M. Guhin | Assistant City Manager/Director Planning and Economic Development Tel. (707) 543-4299 | dguhin@srcity.org

Tune in Sunday 3/24 ,      9-10am pst. on KSRO.

When it comes to government, economic development, and planning, in Santa Rosa, CA, David Guhin wears a lot of hats, so we’ve got a lot to talk about!! (Scroll down to a list of topics)

In addition to the Assistant City Manager duties, Mr. Guhin’s responsibilities include the City’s Planning, Building, Engineering and Economic Development functions.

Mr. Guhin has established ongoing process improvement implementations to expedite and enhance the development process, guided the development of the City’s Housing Action Plan, lead the development of the City’s comprehensive cannabis policy and tax initiatives, oversaw the Roseland Annexation process, and is developing an aggressive downtown housing initiative to encourage multi-family housing in the downtown core to support transit oriented development and the health and economic vitality of our downtown.

Mr. Guhin is also heading the rebuild effort for the City of Santa Rosa from the 2017 Tubbs Fire that destroyed approximately 3,000 homes in the City. 

Tune in 9:00-10:00am pst Sundays on KSRO, 1350am, 103.5/94.5fm and streaming live at ksro.com.

Continue reading David Guhin, Assistant City Manager, and Director of Planning and Economic Development for the City of Santa Rosa on The Real Estate Hour

We’re Talking Reverse Mortgage today with David Carter, Reverse Mortgage Funding LLC

Not sure what a reverse mortgage is? How they’ve changed over the years? How they work? Did you know you can actually purchase a home with a reverse mortgage!? Call in number is 707-636-1350, 9-10am pacific. David Carter, Reverse Mortgage Specialist is joining me on the show!!

David Carter – NMLS 540322

Here’s a little bit of information about David Carter – Certified ReverseMortgage Professional
NMLS 540322
Phone: 707-235-8786
Email: dcarter@reversefunding.com
Reverse Mortgage Specialist

At Reverse Mortgage Funding LLC (RMF), reverse mortgages are our only business. We focus on improving the lives of homeowners and homebuyers age 62 and older by enhancing their financial well-being, independence, and prospects for a secure retirement. Our first commitment to you is making sure you have all the right information needed to assess whether a reverse mortgage is right for you; and if so, which one best suits your needs.
RMF is one of the top reverse mortgage lenders in the nation with over 20% market share in 2017.
*David Carter has worked in reverse mortgage lending in Sonoma County since 2004.
*Certified Reverse Mortgage Professional (CRMP), designee by the National Reverse *Mortgage Lender’s Association. One of 150 CRMP’s nation-wide.
*2015 RMF President’s Club Ranked within the top 10% of RMF Nationwide
*2017 RMF President’s Club Ranked within the top 10% of RMF Nationwide

More about David and Reverse Mortgage visit his website

Jan Loewen – Loewen Insurance – Calls in with Insurance Tips After the Flood

Jan Loewen – Insurance Broker/Agent

Tune in at 9:00am Sunday on KSRO – Jan Loewen joins The Real Estate Hour this morning for a brief conversation about what steps you should take if your home or business was affected by the recent flooding in Sonoma County. As a previous insurance claims adjuster and long time insurance broker/agent, and owner of Jan Loewen Insurance, Jan has a wealth of information to offer when it comes to insurance.

To contact Jan or learn more about her business, visit her website: http://janloeweninsurance.com

JAN LOEWEN INSURANCE BROKER/AGENT – LIC#0L12184

Phone: (707) 528-8483 – Email: jan [@] janloeweninsurance.com

Latest Interest Rate update: Fed Hiking? No? Yes?

Still looking good! All that “Fed” talk can’t change these great rates.

Otto Kobler,Branch Manager

NMLS ID# 225957 CA BRE ID# 00981742

p: 707-522-6300

e: okobler@summitfunding.net

w: http://www.summitfunding.net/okobler

3550 Round Barn Blvd., Suite 310 Santa Rosa, CA 95403

Branch NMLS ID# 379493

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 #3 on his list.  It’s startling when you realize he really doesn’t have a clue as to WHEN it will fail and by how much. We’ll be discussing this on the show as I read excerpts from his recent article. CLICK HERE for the full article as it appeared in the New York Times.

Lender’s Update with Denise Stiles of Guaranteed Rate Affinity.

 

I’m delighted to have old friend and tried and true Lender, Denise Stiles on my show for the first time! She brings a wealth of knowledge and experience having worked with some of the largest loan originators in the business. She is passionate about her work and it shows with her excellent customer care. Welcome Denise to the Real Estate Hour, Sunday, December 2nd. Usual hours! 9 to 10am pst. Tune us in at KSRO, 1350AM, 103.5 or 94.5FM or www.KSRO.com. And don’t forget–if you missed any words of wisdom or just like listening to my sonorous voice here’s a link to our “Ask the Expert” page on the KSRO web site–CLICK HERE! 

For Denise Stiles, the greatest joy of working in the mortgage industry is helping her clients achieve their homeownership dreams. She understands that owning a home is the first step toward true financial freedom and will do everything she can to make the homebuying process as easy as possible. Specializing in new construction loans, Denise also possesses a deep knowledge pertaining to jumbo, conforming, FHA and VA loans. She especially loves helping our nation’s veterans own their dream home.

Continue reading Lender’s Update with Denise Stiles of Guaranteed Rate Affinity.

Boomer? Retiring to rent or should you buy?

@agingbabyboomers! Yes, I resemble that remark. RENT vs. OWNING? Perhaps you want to keep your home here in Sonoma County, rent it out and go exploring other areas to live. You could pull some cash out of your home here, rent it to cover the new debt service and then go rent in the south of France for a year? Spain? Way back east in the New England states or perhaps Oregon or even Texas! (remember, Austin is WEIRD!). A $250,000 1st at 5.5% is about $1,419 per month in debt service. You own a home in Rincon Valley, 3 bed, 2 bath, 2000sqft, rents going to be $2400 at least! Throw in social security, retirement and you’re GOOD to go (obviously speak to your accountant and retirement specialist for advice).

 

 

Median Home prices SOARING in Sonoma County!

Fire victims bidding up home prices evident here in the city of Sonoma

We are seeing some pretty dramatic increases in Median home pricing due to the purchases made by not only fire victims but also those seeking to live in our gorgeous “Destination” county. Graph above shows the City of Sonoma and how the median home price has soared over last year at this time. Areas in Sonoma County where the “Active” listings median home price tops $1,000,000: Sea Ranch ($1,174,500), Sonoma ($1,587,500), Petaluma West ($1,087,000), Sebastopol ($1,150,000), Healdsburg ($1,395,000.

However, inventory continues to be weak but is surging. The amount of “Active” or “Showable” listings for the entire county  jumped over 800 this week but this is still a weak number. The only area of Sonoma County with some double digit price segments is in the NorthWest area of Santa Rosa. So still skinny. Ironic that the 2nd hardest area hit by the October fires has the most inventory.

Remember, our inventory reflects the following areas of Sonoma County, a population over 500,000:  Santa Rosa NW,NE,SE,SW, Petaluma E and W, Healdsburg, Cotati, Rohnert Park, Windsor, Sebastopol, Russian River, Sonoma (city of), Coastal Sonoma, Penngrove, Cloverdale, Oakmont,Annapolis, Sea Ranch

Deciding NOW is the time to leave California? Southern States are VERY affordable!

Special guest on tomorrow’s show will be Russel Lee. Russ lost his home in Fountaingrove during the firestorms of October. He decided to make the move back to Tennessee. We’ll be discussing what you can expect when you visit Tennessee and home prices. WARNING! Tennessee home prices can cause major anxiety among California homeowners!

For instance.

Russel  Lee

Will MORE Real Estate Inventory equate to MORE Sales? History does not lie!

We seem to be suffering under the MORE INVENTORY WILL EQUAL MORE SALES notion. Granted, more inventory would allow more choice, lower our appreciation rate as we’d have more to choose from with fewer overbidding, but note the sales are NOT that dramatically different when there is more inventory. Looking back 10 years you can see in the light green the huge amount of inventory vs. today’s anemic numbers. However, the sales do not look all that much different.

 

Looking back 10 years inventory and sales-They don't go hand in hand!
Inventory VS Sales–More Inventory = More Sales? Note the amount of Sales do not increase dramatically with MORE inventory.