Here in the “Wine Country” of Sonoma County, California–home availability is very tight and our price brackets for homes do NOT reflect very well for affordability when compared to the overall nation. See the graph below.
Yes, there are places in the nation where homes/condos are readily available for UNDER $100,000. And you’d be very surprised how much home you can get up to $250,000. In Sonoma County it is slim to none and slim just left town. Our big price point is $500,000 to $750,000 followed by the next highest price bracket. The age old question of affordability–where do all the service folks, teachers, police officers, fireman, find a home without breaking the monthly budget? Tis the question!
If you’re in any of these areas, you may want to check with your insurance company to make sure you have sufficient coverage. Also, be sure to follow Defensible Space Guidelines by keeping all “fuel” – trees, shrubs, vegetation, 100 feet away from your home.
Did you miss it…or, want to listen again? Here’s the podcast:
Kimberlee has been working in the trenches bringing donated items to the Valley Fire evacuees in Lake County, California. She has some first hand information on what is really needed…and, Some great tips and ideas on preparing for a disaster, preparing for an unexpected evacuation, and getting your most important items into an easy grab and go location.
Kimberlee Foster, founder and owner of Chucket, provides affordable and personalized organizing and move management services in the North Bay area. She offers professional management and gentle guidance for projects like:
Did you miss the show, or, want to listen again? Here’s the podcast:
Join us on The Real Estate Hour -Sunday 9-10AM pdt. 1350AM, 103.5FM or Streaming live at www.KSRO.com.
Umpqua’s loan products include; unusual properties, portfolio lending and re-hab and construction loans. Some of our clients have directly benefited from Jennifer’s expertise in these products, as well as the more traditional loans.
We’re excited to hear more.
*By the way – This information is not just for home buyers!*
If you’re a Sonoma County home seller with a unique property, or you’ve been told your home isn’t “finance-able”, tune in. This show is for you too!
Wouldn’t it be great if you could improve your home’s chances on the market, by increasing your home’s buyer pool? – by overcoming that obstacle upfront with creative financing options for your potential buyers! win-win!!
This is just one of the extras we at The Kelly-NormanTeam offer our home sellers and buyers. We think outside the box to find solutions…and, so does our guest, Umpqua Bank loan officer, Jennifer Foster.
If you’re buying your first home or you’re a seasoned investor, navigating through the mortgage process takes time, work, and expertise. Jennifer Foster has that covered, and she’s here to help.
Jennifer’s passion for helping people with their home loans is the driving force behind her success. She especially enjoy working with first time buyers – educating and assisting them throughout the lending process. (which she does very well) Whether you are purchasing, refinancing or building, she provides consistent communication with everyone involved, ensuring a smooth and worry-free transaction.
Jennifer began her career in lending 25 years ago right here in Sonoma County, and she is proud to have joined Umpqua Bank because they believe in providing that same exceptional customer experience based on superior customer service.
More about Jennifer Foster;
Started her mortgage lending career in Sonoma County more than 25 years ago at IMCO Realty Services which became North American Mortgage.
Passionate about educating clients and providing financing solutions that meet long term .
Specializes in Custom Construction and renovation financing.
With Umpqua Bank for almost 5 years.
Product mix includes unusual properties, portfolio lending and construction
Active in community serving on local boards and community organizations including
Schools Plus Board Member
Affiliate Member of North Bay Association of Realtors
This week’s show Podcast is up! Click below (Visit www.KSRO.com for more podcasts of past shows)
On this week’s show Mike and Allison are joined by Marshall Turbeville CAL FIRE Battalion Chief for a brief update on the Rocky Fire. We’ll then take a look at what you can do around your own home to stay safe, and we’ll get a refresher course on the Defensible Space Zone and other important home fire safety tips. Join us Sunday 9-10AM pst 1350AM – 103.5FM and streaming live at www.KSRO.com
Sonoma County native, Marshall Turbeville started as a seasonal fire fighter in 1995, has been a permanent employee in Sonoma County since 2000. 2015 is his “20th Fire Season.”
Chief Turbeville understands fire hazard severity zones and how structures ignite based upon first hand experience and research. He was present at last year’s fire in Summerhome Park that burned one residence and heavily damaged another.
He Supervises three CAL FIRE stations and a private funded lookout atop Pole Mountain near Jenner . He was a member of a CAL FIRE Incident Management Team for 10 years in the Planning Section and is qualified as a Fire Behavior Analyst.
We’re looking forward to having him on the show for this timely topic!.
In case you missed it, ^^^^ here’s the podcast from 7/26/2015 with Tom Havstad joined by Ryan Giannecchini (SC Barns) discussing the vacation rental ordinance in Sonoma County, and a controversial proposed change in the PRMD’s (Sonoma County Permit and Resource Division) policy affecting auxiliary buildings. Because of public uproar, the policy changes were removed.
However, the fact that PRMD tried to sneak this in, has left a bad taste in our mouths.
Tom is a wealth of knowledge when it comes to resolving permit issues. His company is Permit Consulting Services:
Think you know ALL about reverse mortgages? You might be in for a few surprises. Jill Grom , Reverse Mortgage Specialist with Alliance Reverse Mortgage, joins us on this Sunday’s show to talk about the many things you may not know about Reverse Mortgage.
Tune in every Sunday from 9-10AM pst for The Real Estate Hour on KSRO 1350AM, 103.5FM and streaming live at www.KSRO.com
3033 Cleveland Avenue Suite 150 | Santa Rosa CA 95403 | CA BRE 01326979 | NMLS 246723
MEMBER OF NATIONAL REVERSE MORTGAGE LENDERS ASSOCIATION
Jill Gromm is an experienced mortgage professional providing mortgage loans for over 14 years and has spent the last 9 years specializing in Reverse Mortgages. She works for Alliance Reverse Mortgage which is located in the Redwood Credit Union’s corporate office on Cleveland Blvd.
Jill’s mission is to educate the senior homeowner and provide safety, security and peace of mind on every loan. She is a trusted advisor that not only works with each client through the loan process but also keeps in touch with all of her clients after the loan closes to answer any questions during the servicing of the loan.
Jill’s keys to success is to listen to her clients needs and educate them on all mortgage options to see what is in the clients’ best interest. She gives every client personal and professional service including in-home consultations. Continue reading This is not your Grandparent’s Reversed Mortgage. Today’s Reverse Mortgage Explained→
Real Estate Agent with The Kelly Norman Team-Keller Williams Realty BRE#: 0645724
Sonoma County selling and buying season here in the lovely “Wine Country” just an hour north of the “Gate” is flat with sales down 2% over last year but the bigger issue–Inventory! Usually March will signal the beginning of the “Selling” season by more homes coming onto the marketplace. March was a GOOD month but instead of being the beginning of an inventory surge–it was the end. March was our best month and inventory has been declining since. WHAT are the reasons? Below is a slide from the California Association of Realtors. I’ve added on the last three.
I think the “Off Market” or “pocket listings” is an issue but I’ve NOT seen any hard numbers on it. I’m waiting for CAR or perhaps Core-Logic, to come out with a study showing MLS sales vs. recorded sales. I know in our super tight inventory market, Realtors/Agents are always asking to see new listings not yet on the market. We hear of sales being made off MLS all the time. I keep waiting for the law suit which will define this isssue to apppear. Sellers and their Realtor/Agents who state, “They got their price.” really have no idea at how much that “price” could have been! The current disclosures by CAR, reflect this very issue which came out of the ’89 market scarcity.