Rising home prices are a popular topic for homeowners. Not so much for renters and others trying to buy property in 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 a new […]
Average Sonoma Home Prices Read More »
If you are looking for an REO or short sale bargain in Sonoma County, you are too late to the party. The getting was good even through the beginning of 2013, but the volume of sales and new listings for distressed property just keeps shrinking. My daily newsletter of new REO properties used to contain
Vanishing REO and Short Sales Read More »
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 »
Sonoma County 2011 real estate stats show another boring year of price stability. For anxious buyers and sellers of Sonoma County real estate, the news of a flat marketplace is probably the most reassuring thing they could hear. They’re not going to get rich on price appreciation like everyone thought they would in the hot
The Great Equilibrium 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 »