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Where Would You Move To?

Nov 23, 2020 (0) comment , , , , , , ,

Where Would You Move To

This is the question that is on many minds in the North Bay after several years of fires, evacuations, power outages, and poor air quality.  The answer isn’t easy.  With a global pandemic and economic upheaval facing us almost everywhere we turn, the solution might just be to stay put.  On considering the alternatives, most…

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Second Half of 2020 Real Estate Market Looking Good

Jun 16, 2020 (0) comment , , , , , , ,

Second Half of 2020 Real Estate Market Looking Good

Take a breath!  There’s good news ahead.  According to many economists we are going to start to see an economic rebound in the second half of this year.  Here’s a look at what some of the experts are saying: Jerome Powell, Federal Reserve Chairman: “I think there’s a good chance that there’ll be positive growth…

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Spring Real Estate Boom Has Shifted to Summer

Jun 09, 2020 (0) comment , , , ,

Spring Real Estate Boom Has Shifted to Summer

With the stay-at-home order gradually lifting, what was once the boom in real estate during the spring, is just now showing signs of life again as we enter summer. To quote Joel Kan, Economist at The Mortgage Bankers Association: “Applications for home purchases continue to recover from April’s sizable drop and have now increased for…

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Sonoma County Real Estate Report for March

Apr 21, 2020 (0) comment , , , , , , ,

Sonoma County Real Estate Report for March

In examining the March real estate market results, it is important to recognize that there is a time-lag of 3-6 weeks between a listing coming on the market and an offer being accepted.  With this in mind, almost all the sales data we have as of the first week in April reflects the market before…

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Real Estate is an “Essential” Business

Apr 14, 2020 (0) comment , , , , , , , , ,

Real Estate is an Essential Business

With strict regulations in place regarding self-distancing, what is to become of the real estate market? While California real estate sales is now deemed an “essential” industry, it does not mean back to business as usual.  All realtors still need to follow health guidelines and each city and county can stipulate what that looks like…

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What is a Good Return on Real Estate Investment?

Apr 07, 2020 (0) comment , , , ,

There is no question that investing in real estate can be profitable. However, it is important to be realistic and that you keep your goals achievable. First of all, you need to keep in mind that you will not make a profit overnight.  Secondly, you need to understand that the location of your property will…

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Homeownership and Tax Breaks

Mar 24, 2020 (0) comment , , , , , , ,

Homeownership and Tax Breaks

Besides the wealth accumulation that property appreciation affords, tax breaks are another way homeowners benefit from their real estate investments.  Here are some facts that set the record straight on the tax advantages of homeownership: Mortgage Interest:  Homeowners with a mortgage that went into effect before December 15, 2017, can deduct interest on loans up…

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Los Angeles 4th Quarter Real Estate Market Report

Mar 10, 2020 (0) comment , , , , ,

Los Angeles 4th Quarter Real Estate Market Report

Recently Compass California Real Estate issued a 4th quarter report on the sales activity in the larger Los Angeles area.  The report heralds a favorable start to 2020 with overall sales increasing more than 7%, although the average home sales prices varied from market to market. Here is a brief summary of a few areas:…

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Is It The Right Time To Sell Or Buy In California?

Mar 03, 2020 (0) comment , , , , ,

Is It The Right Time To Sell Or Buy In California

People generally believe that the winter months are not the best time to list their home for sale; however, a recent report in Showingtime, a real estate industry magazine, reveals how this year is different all over the country: Buyer activity is way up compared to the same time last year. The West, specifically, saw…

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Q4 2019 Sonoma and Napa Counties Real Estate Reports

Feb 25, 2020 (0) comment , , ,

Q4 2019 Sonoma and Napa Counties Real Estate Reports

Recent Sonoma and Napa Counties real estate statistics reveal a flattening of the market experienced last quarter: Napa County # of closed sales = 276 (1% decrease over prior year) Average sales price:  $1.0 Million (9% decrease over prior year) Sonoma County # of closed sales = 1,022 (2% decrease over prior year) Average sales…

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