General John Logan’s Official Order for the establishment of “Decoration Day” now known as “Memorial Day”.

genlogrendFind below the order which was given by General John Logan in 1868. Now called our current “Memorial Day” celebration. Originally as you can see the name given to this time of rememberance was “Decoration Day”. It’s context was the ending of the Civil War and the memory of those fallen to protect the unity of our nation.  However, one can still decorate a fallen soldier or sailor’s grave with the flowers of spring.  As the General duly notes these are the soldiers and sailors and in later years, airman “who made their breasts a barricade between our country and its foe.”

General Order No. 11
Headquarters, Grand Army of the Republic

Washington, D.C., May 5, 1868

I. The 30th day of May, 1868, is designated for the purpose of strewing with flowers or otherwise decorating the graves of comrades who died in defense of their country during the late rebellion, and whose bodies now lie in almost every city, village, and hamlet churchyard in the land. In this observance no form or ceremony is prescribed, but posts and comrades will in their own way arrange such fitting services and testimonials of respect as circumstances may permit. Continue reading General John Logan’s Official Order for the establishment of “Decoration Day” now known as “Memorial Day”.

Sonoma County, California Home Sellers! The COST of overpricing your home!

 The following was put together by Bob Finn of RPM Mortgage.  This is a very interesting scenario and for Seller’s it can be a very dangerous trap! Overpricing has many pitfalls but here Bob puts them into terms you can understand and terms which effect your pocket book! Thanks Bob for sending this my way and for allowing me to post it on the radio show blog. If you like this type of lender information by all means give him a call! Here’s his information. 707 836-9264 this pages me over the weekend   bfinn@rpm-mtg.com

The Cost of Over Pricing.

A couple weeks ago I did a piece on the Cost of Waiting for buyers.  One of my real estate referral agents asked me to address the opposite for the sellers that insist on listing too high.  I was shocked!  Sellers really think that their home is worth more than the current market?  Really?  All kidding aside, this is a far more complex issue than the buyer’s analysis.  The seller’s motivation in selling, their cost basis and their carrying costs all have to be included.  Therefore, each situation is different. Continue reading Sonoma County, California Home Sellers! The COST of overpricing your home!

$500,000 or Less Sonoma County Market–Where the Real Estate Sales are happening here in Sonoma County, California

Today on the real estate show join Allison and I as we dissect the Sub $500,000 marketplace for Sonoma County Real Estate Sales and explain WHY you’re paying MORE for a “normal” seller in this price point versus a REO or Short-Sale! Mysteries of Real Estate Explained!

 

Time to go BACK to school when looking at Real Estate Sales Data for Sonoma County!!

Find below statistics for our Sub $500K real estate market here in Sonoma County, California!  taken from our Local MLS. Note the MUCH higher Median Home price for the NON REO or Short-Sale Market–Almost $84,000 difference in the median home price!

$500,000 or Less  Market

ColemanValleySchoolHouse   
All listings Sales Conditions  (Includes the REO and Short-Sales plus Normal Sellers! )  
Status Totals Dom Median  
Act 846 81 $330,950  
CTS 873 115 $280,000  
Pending 180 75 $267,450  
Solds 354 85 $300,000  
         
NORMAL SELLERS!! No-REO’s or Short-Sales $500K or less
Status Totals Dom Median  
Act 481 78 $375,000  
CTS 214 61 $349,000  
Pend 61 82 $310,000  
Solds 151 60 $333,500  
         
REO $500K or less      
Status Totals Dom Median  
Act 136 49 $279,900  
CTS 106 69 $255,000  
Pending 55 46 $238,000  
Solds 116 66 $250,000  
         
Short-Sales $500K or less    
Status totals Dom Median  
Act 229 106 $305,000  
CTS 553 142 $265,000  
Pending 64 94 $240,000  
Solds 87 157 $285,000  
         

Farmer’s Markets blooming with the Season–17 Farmer’s Markets for Sonoma County

17 Sonoma County farm markets to choose from! Thanks to the Press Democrat for compiling these! Spring is the season for Farmer’s Markets! Nothing anchors us to our area more than to see the bounty of our very fertile county spread out before you in a horn of plenty at a local Farmer’s Market. Just add the creativity of our citizens and chefs and PRANG! Great eats!

Published in the Press Democrat: Saturday, May 15, 2010 at 3:00 a.m.


  1. Cotati Farmers Market, 4:30 to 7:30 p.m. Thursdays, June 3 through September at La Plaza Park, Old Redwood Highway and West Sierra Avenue. 795-5508. cotati.org.
  2. Duncans Mills Farmers Market, 11 a.m. to 4 p.m. Saturdays, late May through Continue reading Farmer’s Markets blooming with the Season–17 Farmer’s Markets for Sonoma County

What is HAFA? Sonoma County “Short-Sellers”–watch this important video!

Both Allison and I have gone through the CDPE (Certified Distressed Property Expert) 2 day training course and get weekly updates on the latest in the world of REO, Short-Sales and Distressed homes and those wishing to sell them. CDPELogo_bw_72dpi

Watch our FREE VIDEO on the HAFA program! HAFA stands for the Housing Affordable Foreclosure Alternatives program and could be a big game changer for those wishing to “walk-away” from their homes in an orderly, dignified way! And if you need to understand how this is done locally please call upon Allison and I for a free, NO obligation consultation to see what selling your home “Short” entails!  

Sonoma County,California–Did you feel the “LOVE” this past Thursday? Keller Williams RED Day hit the streets!

Red-Day-mock-1

What is Keller Williams RED Day? (Renew, Energize and Donate) Day is a Keller Williams Realty service initiative dedicated to improving our local communities. We are asking all Keller Williams Realty associates in the US and Canada to donate their time on May 13, 2010 to renewing and energizing aspects of their local communities. Because of her constant commitment to the culture of our company, this day has been dedicated in honor of our Vice Chairman, Mo Anderson. 

Our vision for this day is that all Keller Williams associates will actively engage in a coordinated effort to improve their local community. Activities may include rehabbing a house, cleaning up a local trail, providing food for the homeless, or any other service related activity needed in your community. This will be one of the single biggest events ever undertaken in the real estate industry.

Home Sales Data for Sonoma County,California–First Time Homebuyer Credit a big BUST!!

My report for our April  Sales data reflects a 9% jump in Median Price ytd. Read the entire report by CLICKING HERE! An on-going trend—diminished REO inventory (Sales down 50% over last year!)And “flat” Short-Sale activity ytd too early for HAFA effects. Our “Foreclosure market” still makes up approx ½ the market with 49% of the total Sales but Sales in the “normal” market UP 26% over last year w/34% less DOM. However, if we didn’t have a “Foreclosure Market” are sales would be horrid! Continue reading Home Sales Data for Sonoma County,California–First Time Homebuyer Credit a big BUST!!

Strategic Defaults–UP 31% 1st Quarter! I paid too much–I’m outta here!

Strategic Defaults-Sonoma County,California Sellers–to do a short-sale you need to meet 3 tests:

  1. Hardship (job transfer, loss of job)
  2. Insolvency (too much month left after the money!) 
  3. Upside down in your home’s valuation. Just because you paid too much and don’t WANT to make those payments on your HOUSE is NOT reason for a short-sale. Strategic Defaults Comprised 31% of Q1 Foreclosures

    May 3, 2010

    A quarterly survey by two Chicago professors shows a dramatic increase in the number of “strategic defaults” where an underwater homeowner willingly defaults on his mortgage even though he can afford to make the payments. An estimated 31% of foreclosures involved strategic defaults in March, compared to 22% a year ago, according to the Chicago Booth/Kellogg School Financial Trust Index. The survey is conducted by professors Paolo Sapienza of the Kellogg School of Management, and Luigi Zingales of the University of Chicago Booth School of Business. They said the likelihood of strategic default increases by 23% if a homeowner discovers that a neighbor with negative equity received loan forgiveness from their servicer. The likelihood increases to 29% if homeowners can find alternative financing for a new home. The survey found that 56% of homeowners do not believe that lenders will come after them if they walk away from their home. “With more and more homeowners believing that lenders are failing to pursue those who default on their mortgage, there is a risk that a growing number of homeowners will walk away from their homes even if they can afford the payments,” Sapienza said.

Continue reading Strategic Defaults–UP 31% 1st Quarter! I paid too much–I’m outta here!