Badly done home remodels aren’t the fault of Home Depot. Too many homeowners watching “Flip this House” or “Trading Places” got themselves focused on the wrong aspects of home repair. The fundamentals of construction techniques that have evolved over centuries were ignored in favor of flashy fixtures and false ideas about quality and materials. Well […]
Home Depot is not a four letter word Read More »
REO sales continue to drive the Sonoma County residential housing market. In June 175 REO properties were snapped up by eager investors and home buyers. That represents 37% of the Sonoma County real estate sales activity for the month. REO sale values ranged from $110,000 to $1,065,000 with an average price of $317,000. The biggest
Sonoma County Real Estate Sales Trends July 2008 Read More »
REO’s Rule! How does three Sonoma County REO sales per day since January 1 sound? How about five per day since May 1? I last wrote about Sonoma County REO properties in January of this year. At that point fewer than 60 REO properties had been sold in the prior six months, or an average
Sonoma County REO – To Overbid or not to Overbid…2008 Read More »
REO is the acronym for Real Estate Owned. Owned by banks, insurance companies, mortgage companies, and anyone else who ends up holding the deed when foreclosures are finished and there were no bidders (holders of ten or more of these properties are listed in the box on the left). These are the reluctant owners who
I have worked my fingers to the bone assembling Sonoma County residential sales and activity records for the last four years to answer the question in the title. Are we at the bottom? In order to get the broadest view possible I chose all residential sales in the county which mixes condos, single family homes,
Has Sonoma County Real Estate Hit Bottom? (from early 2008) Read More »