Full price isn’t high enough. It’s strange to write those words after six months of free-falling home values in 2008 and four years of bumping along a fitful bottom since then. What we are seeing both nationally and locally is that owner occupants and investors have returned to the market in large numbers. We are […]
Sonoma Housing Demand Pushes Prices Higher Read More »
Buyers and sellers who haven’t been paying attention to Sonoma County real estate are surprised when they are told there’s a shortage of homes on the market. There has been some national and state news coverage of declining real estate inventory, but until you start looking for a home, the shortage is not slapping you
Sonoma Real Estate – Inventory Shortage Read More »
Nobody wants to buy at the top of the market. On the other hand, trying to practice market timing in real estate has proven to be almost impossible. Prices nationally are drifting slightly lower, but some markets have already started to strengthen and prices may be rising. If you aren’t keeping track of what’s going
Hot Real Estate in Sonoma County Read More »
If your cousin, brother, or best friend’s dog was warning about the housing bubble in 2006, I would pay a lot of attention to them today. Unfortunately, almost everyone else missed the bubble in spite of all sorts of warning signs that we were in an unsustainable market. It’s human nature to go with the
Advice for Fence-Sitting Buyers in Sonoma County Read More »
Price per square foot is a useful tool for the real estate industry. Real estate agents use it for informal appraisals and professional appraisers make use of it for formal valuations. For home buyers it’s one way to compare homes of different sizes but similar construction quality. Contractors and architects use it as a shorthand
Price per Square Foot in Sonoma County Read More »