Tag Archives: buying a home in Sonoma County

“Where’s the Beef?” Sales are flat, Inventory Short.

“Where’s the Beef?” Sales are flat, Inventory Short.

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  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.

Reasons for LACK of Home Inventory  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.

Continue reading “Where’s the Beef?” Sales are flat, Inventory Short.

“How to Beat Out a Cash Buyer” with Otto Kobler, Summit Funding.

Otto Kobler-Summit Funding
Otto Kobler, Summit Funding showing off his American Spirit at the North Bay Association of Realtors, Santa Rosa Chapter marketing meeting and 4th of July Celebration on Tuesday.

Real Estate Hour favorite, Otto Kobler, of Summit Funding will be joining us this Sunday.

In this hot and heavy real estate market, cash buyers often beat out financed buyers in a multiple offer situation.

Learn Otto’s strategy that helps buyers with financing rise above the cash offers and present a winning offer.

Plus; There are big changes coming to the lending process, and looming interest rate hikes. Otto will fill us in on all of this and more.

Join Mike Kelly and Allison Norman for new and information about Real Estate in Sonoma County, Ca, and around the country, every Sunday on The Real Estate Hour 9-10AM, 1350AM, 103.5FM and streaming live at www.KSRO.com

Otto Kobler Summit Funding, Inc. Branch Manager / Senior Loan Officer okobler@summitfunding.net
Otto Kobler
Summit Funding, Inc.
Branch Manager / Senior Loan Officer
okobler@summitfunding.net

 

Buying a Home just got a little bit easier. Our Real Estate Search App is now even EASIER to Install…

mobileAppJust click above or go to www.SonomaCountyRealEstateSearch.com, enter your phone number and we’ll send you a link instantly, allowing you quick access to our Home Search App for your mobile device.  It really is that easy for you to begin searching for homes wherever you are!!

How great would it be to drive through ANY neighborhood and be able to see all the information of every property for sale?

With the Keller Williams Realty App, you can do that and so much more:

  • School and neighborhood information at your fingertips
  • Interactive List or Map searches of any neighborhood from your mobile device, from wherever you are.
  • Scrolling “Nearby Homes for Sale” information on your screen.
  • Find Open Houses, and Rentals in the area too.
  • Easy to Sign Up, Easy to Use, and It’s FREE!