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Sonoma County May Real Estate Status

Analysts, Economists, and Industry Commentators have much, and sometimes divergent, opinions about the present and future of real estate in Sonoma County. They all agree, however, that sales data in the coming months should provide more concrete indicators of the market condition.

The experts have commented that when hot markets shift to cooler, the effects are typically reflected in reductions in multiple offers, overbidding, and the number of homes going into escrow. All these realities result in less appreciation, but historically, over the longer term, real estate remains an excellent and robust investment.

The monthly median home price, 6-month rolling average proves the point:


The average days on the market typically ebb and flow seasonally with spring often seeing the highest demand. Spring 2022 has just seen the lowest average days on the market ever recorded.

The combination of quickly rising prices and the fastest mortgage rate increase in over forty years is going to affect purchase demand. As this phenomenon occurs, the private mortgage business picks up steam. Using this avenue of financing allows otherwise ineligible Buyers to get into the real estate market and profit from the appreciation which continues to rise.

Sun Pacific Mortgage, a family-owned and operated business located in Sonoma County, serving all of California, has been in the Private Money Mortgage business for over 34 years with impressive results and loyal, appreciative clients and investors. With our year of experience, we can close escrows in as little as a week. Give us a call at 707-523-2099 or visit our website at www.sunpacificmortgage.com to investigate the loan programs we have available in funding purchases and refinances or how we can help you start increasing your wealth. We look forward to your call.

Why is the Housing Supply So Low?

Why is the Housing Supply So Low?
At the top of the question list for Buyers last year and this year is, “Why is it so hard to find a house to buy?”  Simply stated:  The number of Buyers greatly outstrips the homes available for sale. There are two main reasons the housing supply is low and what it may mean for you:

  1. New home construction fell behind for the past five decades except for 2008. Builders exceeded the average of new homes during these years of the housing bubble. As a result, an oversupply of homes caused home values to decline. That was one of the factors that led to the housing crash in 2008. Since then, the level of new home construction has fallen off, and for the last 13 straight years, Builders haven’t been able to construct enough homes to meet the demand.
  2. When the pandemic hit, the meaning of “home” became even more appreciated. With work and school moving into homes, there was a rush to find suitable housing for all the new activities happening in a sometimes- too- small space. At the same time, Sellers hesitated to put their homes on the market because of concerns about the pandemic. Not to forget mortgage rates dropping to the lowest seen in decades, adding to the urgency to buy now.

Even today, Buyers find themselves looking at scant inventory and higher prices. Offers exceed listing prices by a considerable margin. Basically, inventory is still low. Still, you shouldn’t put your plans to buy on hold because you are waiting for additional houses to hit the market. With prices continuing to rise and construction materials becoming ever harder to obtain, that could end up being a longer wait than makes sense.

If you need a loan today but can’t meet the stiffer qualifications of a conventional loan, give Sun Pacific Mortgage a call at 707-523-2099 or email us through our website at www.sunpacificmortgage.com, to discuss a Private Money loan mortgage. We have helped thousands of Californians over the past 34 years to purchase or refinance their own residence or a rental property. We can make your offer look better than others with a fast, all-cash close, often closing in 1 week to 1 month!

Making It Easier for Home Loans – Direct Financing

Making It Easier for Home Loans - Direct FinancingHome Loans Made Easy with Private Money

Have you or someone you know been turned down for a loan at the last minute?

We specialize in providing direct and fast financing for Owner Occupied/Primary Residences as well as Investment Properties. Credit issues, difficult-to-prove income, property doesn’t qualify – not a problem with us!  See recent examples below:

Recently FundedIf you, or someone you know, has been turned down by another lending institution, we can work with you to help get a fast Private Money loan!  Visit our website at www.sunpacificmortgage.com or give us a call to 707-523-2099.  We’ll quickly let you know what we can do to help.

How To Bridge The Distance Right!

How To Bridge The Distance Right!Bridge The Distance with Private Money

Do you or someone you know want to consolidate debt?  How about upgrade your house, purchase a rental for additional income, get your kid set up for college, etc.?

Then you may just want to take advantage of our FAST Private Money loan programs!

We can help bridge the distance between the problem and the solution – like we did for the Borrower below:

Loan of the Week

Program: Owner-Occupied Temporary Loan
Loan Size: $735k
Days to Fund: 11 days
Location: Orange County
Reason Came To Us: Borrower was turned down by two other conventional lenders because of her debt-to-income ratios.  She was already in contract to buy a property but now had no financing.  This Borrower wanted to access the equity in her current home, to purchase an investment property that would offer her great return each month.  She needed a fast solution to her problem which is where we came in to bridge the distance and get her loan done.  Funded fast, both Buyer and Agent were grateful for our program!

Private Money can be a new beginning for anyone trying to purchase a home, a new investment, or to pull additional cash out of their existing equity. If your Buyer gets turned down, call us at 707-523-2099 or visit our website at www.sunpacificmortgage.com and we’ll quickly respond with what we can do to bridge the distance to get that loan done!

California Home Prices Got Pricier During 2021

The real estate market in California mirrored the rest of the country in 2021. Home prices increased by double digits in the more affordable areas, such as Sacramento and Riverside. The San Francisco Bay area had more modest increases, due in part to Buyers being anxious to relocate to more affordable, suburban areas. The San Francisco housing market saw the typical home value increase by only 9.3% compared to the statewide increase of 20%.

Overall, home prices in the state far outpaced the national median price. In October, the median sale price of a single-family home in California was $798,440, up 12.3% from last year. This new price was double that of the national median average of $353,900.

Oakland saw the biggest increase in demand. Alameda County, which includes Oakland and Berkeley, saw a 24% increase to $1.05M. in November. The move-in ready homes with work-from-home space and backyards often saw 12 or more offers.

Sacramento was one of the most sought-after destinations for Buyers who looked for more space and affordable prices. A single-family home’s median price rose 22.3% from 2021. This area tends to have bigger and newer homes compared to the coastal cities to the west.

In November 2021, Los Angeles saw their median home price rise from $730,000 to $810,000. The luxury market in Southern California near Montecito shot up 43% to $6.46M over the previous year.

Inventory remains low throughout California and anything that comes on the market tends to be snatched up quickly by Buyers afraid of losing out on finding a home.

So, what’s in store for California in 2022? According to most experts, home prices will grow half as fast as they did in 2021. With construction still lagging in the state, don’t look for housing demand to lessen. Availability will remain a negative factor for the foreseeable future.

If you need help getting a mortgage quickly to snag your dream home in California, give Sun Pacific Mortgage a call at 707-523-2099 or email us through our website at www.Sunpacificmortgage.com   We offer fast, Private Investor mortgages that will give you a leg-up in today’s competitive market.

Should Inflation Stop You from Buying a Home in 2022?

Should Inflation Stop You from Buying a Home in 2022A high inflation rate means prices rise across the board so it is reasonable for someone to say “Yes”, but while home prices aren’t an exception, this should not be the reason keeping you from buying a home in 2022. We are aware of the appreciation that has occurred in the real estate market for the past couple of years, and the experts say we can expect that increase to continue in 2022, though maybe not as dramatically.

In this period of record-breaking, rising consumer costs, homeownership offers the one fixed overhead expense you can rely on with a fixed mortgage. As James Royal, Senior Wealth Management Reporter at Bankrate stated:

“Sure, property taxes will rise, and other expenses may creep up, but your monthly housing payment remains the same.”

With rent control going away, renters are in an even more precarious position. Ali Wolf, Chief Economist at Zonda, explains:

“You want to think through where you can put your money, so it does not lose value. Housing is commonly looked at as a good inflation hedge…”

Even if you cannot qualify for a conventional mortgage through the normal channels of banks and other lending institutions, there is still the private mortgage lending arena to consider. Sun Pacific Mortgage offers private money mortgages to Borrowers and Buyers who otherwise might not be able to qualify for a loan. Whether your FICA score is too low, or your property doesn’t meet the federal requirements, or you need to close in under a month, give us a call at 707-523-2099.  You can also reach out through our website at www.Sunpacificmortgage.com.  We have helped thousands of other Borrowers and Buyers just like you over the past 34 years we have been in business in California.

Get Ahead Now – Loan of the Week!

Get Ahead Of The Herd With Private MoneyGet Ahead Of The Herd With Private Money

Need to pull equity out of your home? How about a quick refinance? Get you or someone you know ahead of the herd with our Direct Lending Programs!

Loan of the Week

Homebuyer in Contra Costa county came to us as they were turned down elsewhere due to debt-to-income ratio being too high.  They were looking for some fast refinancing of a $1,300,000 loan amount.  We had no problem with this and quickly gathered the needed items, got fast loan approval and the transaction completed within 11 days!

Visit our website at www.sunpacificmortgage.com or give us a call at 707-523-2099 with any questions or scenarios and we’ll quickly respond with how we can help you or someone you know, get ahead of the herd.

Real Estate Voted Best Investment Eight Years in a Row

Real Estate Voted Best Investment Eight Years in a Row

Despite the present inflationary economic state that the country is wrestling with today, most Americans agree that Real Estate shines as the most secure place to protect your wealth.

Inflation has reached its highest level in 40 years. We have all painfully experienced the increases in goods, services, housing costs, and more. The only one of these items that can have a locked-in price is housing because your monthly payment is shielded from escalation. James Royal, Senior Wealth Management Reporter at Bankrate, explained it like this:

“A fixed-rate mortgage allows you to maintain the biggest portion of housing expenses at the same payment. Sure, property taxes will rise, and other expenses may creep up, but your monthly housing payment remains the same.”

Home ownership eliminates the dread that today’s renters are suffering because of huge jumps in rents. Various cities in the country have seen increases as much as 50%!

As a homeowner, you have seen the record-breaking increases in appreciation just over the past couple of years. As prices rise, so does the value of your home, making buying a home a great hedge during periods of inflation.

In short, when you lock in a mortgage payment, you shield your housing cost from increases, and you own an asset that typically gains value with time.

If you have found it impossible to obtain a conventional mortgage, give Sun Pacific Mortgage a call at 707-523-2099 or visit www.sunpacificmortgage.com. We have been serving Borrowers in California for over 34 years. Whether it is your own home, an investment property, or land, we offer firsts, seconds, bridges, and refinances. And on top of that, we’re really fast (sometimes we get a loan completed in as little as 1 week)!

How To Wrangle Big and Fast Financing?

How To Wrangle Big and Fast Financing?Roping In The Loan Size & Speed Ya Need!

Need another fast purchase loan or refinance?  Getting turned down elsewhere for a loan?

The Guys in the White Hats will wrangle in stubborn financing, solving with our Private Money Programs. With funding options up to 3 million, after 34 years we still have not run out of money and are ready to quickly finance you or someone you know, just like we did for the Borrowers below:

Recently Helped Borrowers


It’s not our first rodeo! At Sun Pacific Mortgage, we help Borrowers in California finance their real estate needs if they want fast loans or were turned down elsewhere.  Call Us at 707-523-2099 with your scenario or visit our website at www.sunpacificmortgage.com to see how we can help you or someone you know, wrangle in that loan!

Saddle Up! Fast Financing Now

Saddle Up! Fast Financing NowSaddle Up For Fast Private Money Loans!

Quick financing by the Fastest Funders in the West!  Saddle up and take advantage of the SPEED that Sun Pacific has to offer:

  • Fastest Close to date: 48 hours
  • Turned Down Elsewhere – We Can Help
  • Trusted by over 10,000 Borrowers
  • Family Owned & Operated for 34 years

Loan of the Week

Program: Investment Property Refinance
Loan Size: $2,650,000
Location: San Francisco County
Days To Close: 9 Days
Reason Came To Us: Borrower came to us for help after Underwriting withdrew loan approval shortly before they were to sign their refinance.  Borrower was mid construction on their new house and needed fast financing to complete the project.  We quickly got his loan approved and funded in just 9 days!

If you or someone you know needs fast financing or you’re having difficulty proving income or otherwise turned down, we have the answer.  Our Private Money programs make it easy to get that loan done and make you happy! Give us a call at 707-523-2099 with your scenario or visit our website at www.sunpacificmortgage.com to see how we can help.

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