Conventional wisdom says that a balanced real estate market has approximately six months of for sale inventory. The columns we see in this Sebastopol chart show between two and three months of for sale inventory vs homes sold for most months of the year, strongly favoring sellers. If a buyer is firmly set on living […]
Sebastopol Is a Seller’s Market Read More »
Everybody knows that housing prices have gotten out of reach for many. The problem went from bad to terrible relatively recently as illustrated in the chart. In the Beginning Housing prices moderately increased during the first few years of the 2000’s. Beginning in 2003, prices rose rapidly until 2006 as buyers competed for homes using
21st Century Home Prices in Sonoma County Read More »
My ADU search this week turned up an older home complete with a carriage house and a lot big enough to possibly split. Even better, the location is an easy walk to Memorial Hospital and all the related medical buildings. This property has great potential, but is currently in sad shape. A major fixer, for
Charming Fixer and ADU in Santa Rosa Read More »
First time home buyers continue to face tough times. Prices and interest rates remain high. So are property taxes for new buyers with our high sale prices.. When even good wages aren’t enough to qualify for a median home, it’s time to follow the path of previous generations and start small. Our Grandparents and Great-Grandparents
Housing: Start Small Read More »
Roller Coaster Pricing Rising home prices are a popular topic for established homeowners. Not so much for renters and others trying to enter a challenging market. This century witnessed prices plummet in 2008 after the financial crisis. Since the market bottom in 2011 prices have shown a steady rise year over year. Covid helped shape
Average Sonoma Home Prices Read More »