Tag Archives: Santa Rosa Real Estate

Homes Available by Price Bracket-National vs. Sonoma County.

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.

SalesPricePointDifferenceFeboverFeb2016

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!

Boomerang Buyers-Default,Deed-in-Lieu,Loan Mod,Short-Sale, Foreclosure, or BK’s?

If you’ve had any of the adverse credit events mentioned above then you need to re-check your eligibility for obtaining a home loan. This chart below is a great guide:

Homeowneraferadversecredit

 

Perhaps you did a BK to stop a foreclosure. If it’s been officially resolved then check the chart below as you might be able to now SELL that home and move down OR up. Continue reading Boomerang Buyers-Default,Deed-in-Lieu,Loan Mod,Short-Sale, Foreclosure, or BK’s?

TWO Open Houses today! $329,900 or $529,900–take your pick!

Right in the “sweet spot” of the market, both of these homes represent great VALUE in today’s very competitive real estate market in Sonoma County.

Below is 449 Godfrey Drive, Windsor which is 1836 sqft, single level living, 10,400 sqft lot (just under 1/4 acre) New Carpeting and vinyl and shows wonderfully! Allison will be there today, Sunday, Nov 1st 1 to 4pm. Price: $529,900.

Open House Today, 1 to 4pm.
Open House Today, 1 to 4pm.

VWN_2058-f VWN_2078-f VWN_2141-f

 

Below is a cute California Bungalow reduced to $329,900! 2 bedrooms and 1 bath in the “Memorial Hospital” neighborhood. Bike to work! Close to downtown also. Open today, 1 to 4pm, Nov 1st.
California Bungalow super affordable! In the "Memorial Hospital Neighborhood"
California Bungalow super affordable! In the “Memorial Hospital Neighborhood”
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