Solano County Experiencing Unprecedented Growth

Fairfield Ca Businesses Headquartered In Other Counties Or States Have Recently Come To Solano County Ushering In An Uptick Of Population Growth For The Cities Of Benecia, Vallejo, Dixon, Vacaville, Fairfield, And Suisun City According To A Recent Article In The North Bay Business Journal.

Businesses headquartered in other counties or states have recently come to Solano County ushering in an uptick of population growth for the cities of Benecia, Vallejo, Dixon, Vacaville, Fairfield, and Suisun City according to a recent article in the North Bay Business Journal.

With the effects of the pandemic shutdown being felt everywhere, these cities have tried to keep above water by relaxing impact fees to maintain and foster growth.

In Vallejo, local government has reduced red tape and updated parking requirements and the zoning code.  Recent additions to the business world have included a management firm responsible for long-term planning and Tesla.

Two new additions to support employees in Dixon are the arrival of a GE Appliance distribution center and TEC Equipment of Portland, Oregon.  Both companies will add to the employment opportunities available to Solano County residents.  Significant funding from the California Department of Housing and Community Development have assisted Dixon businesses impacted by the pandemic.

Vacaville continues to attract biomanufacturing companies which is aiding in the economic growth of the area.  The city is fast-tracking programs for business entitlement approvals.  New hotels and eateries are springing up to support the influx of business.  Of special note, is the announcement that Agenus Inc. is ready to build a research and develop site to advance their study and production of oncology-related therapies.  It is believed that Vacaville’s affordable housing in comparison to other markets made the choice a logical one.  Local officials predict that the region could attract 10,000 people from all over the world to fill these biotech jobs in the next few decades.

Equidistance between San Francisco and Sacramento, Fairfield is an appealing location for a transportation hub for Northern California with a rail terminal downtown.  With its affordable housing prices, Fairfield is attracting businesses and homebuyers.  To aid in the acceleration process of homebuilding, the city has instituted a new tool that prequalifies architectural submittals.

From this report we can conclude that business is booming in Solano County and for the present, housing is more affordable than in other parts of the North Bay.  Its location makes it easily accessible to The City and recreational areas making it a very desirable choice right now.

If you think a move or investment in this growing community is right for you, but you are not able to qualify for a conventional loan, give Sun Pacific Mortgage a call at 707-523-2099 or visit our website at www.sunpacificmortgage.com.  We have helped thousands of folks just like you over the past 33 years we have been business.  Short-term and long-term fast private funding is available so that you can begin profiting from the remarkable growth being experienced in Solano County.

Real Estate Trends in California as of October 2022

Are We Looking At A Change Ca Real EstateCalifornia home prices have increased on a year-over-year basis, but the rising rates have been very slow compared to the beginning of this year, before the interest rates increased. September’s statewide median home price was $822,680 making it the fourth consecutive month with single-digit yearly growth at 1.6%.

At the regional level, home sales in all major California areas declined from a year ago, with four of the five major regions dropping more than 25% year-over-year, but home prices rose in all major regions except San Francisco Bay Area.

  • The San Francisco Bay Area had a year-over-year price decline of 2.6 percent, with the median price being $1,256,500.
  • The Central Coast had a year-over-year price gain of 3.7 percent, with the median price being $920,000.
  • Southern California had a year-over-year price gain of 3.8 percent, with the median price being $783,380.
  • The Central Valley had a year-over-year price gain of 1.3 percent, with the median price being $456,000.
  • The Far North had the highest year-over-year gain of 2.7 percent, with the median price being $380,000.

According to the California Association of Realtors, the 2022 housing market will be down slightly because of the supply constraints and higher home prices. They still predict that transactions will post their second-highest level in the past five years. The California median home price is forecast to rise 5.2% to $834,400 in 2022.

The California housing market sizzled and broke all records last year, and according to Zillow, California’s housing market remained the most valuable in the country as of last December. Now is still the time to invest in one of the most consistent wealth-building assets over the long haul.

If you have considered or are ready to start increasing your wealth, give us a call at 707-523-2099 to discuss what it takes to join our family of trusted Investors. You can also check out our Investor website page here https://www.sunpacificmortgage.com/invest-in-trust-deeds/ and send in a form for further data.

Fast Mortgages to Fall Back on!

3Fc1433422800B0879D9Ff92D01752Fd If You Don’t Qualify At This Time For Conventional Home Loan Programs, Having Good Private Money Loans To Fall Back On Just Might Rescue Your Home Purchase Or Refinance!If you don’t qualify at this time for conventional home loan programs, having good Private Money loans to fall back on just might rescue your home purchase or refinance!

Give us the opportunity to help you, as we did below:

Local Loan of the Week

Loan program:  Rush Primary Purchase Bridge Loan
Location:  Sonoma County
Loan Size: 778k
Reason Came To Us: Borrower was in Escrow, ready to close when the current Lender’s Underwriter declined the loan due to debt-to-income ratios.  This Lender reached out, in hopes we could salvage the purchase, so the Buyers wouldn’t lose out on their large down payment and a new home.

With some rapid action on our part, we got Investor approval and quickly funded within 6 days!

C3361753023Bf03Aca7E118746880A5C If You Don’t Qualify At This Time For Conventional Home Loan Programs, Having Good Private Money Loans To Fall Back On Just Might Rescue Your Home Purchase Or Refinance!
Give us a call at 707-523-2099 or visit our website at www.sunpacificmortgage.com with any questions or scenarios.  We’ll quickly answer with what we can do to help you or someone you know.

Orange County Housing Market Report

Orange County Housing Market ReportHome prices and sales are moderating in Orange County. Following a two-year frenetic housing market, the market is finally cooling. The median house price fell 2.5% from July to August 2022, yet the median price was still 9% higher than a year ago.

Because fewer people are looking for a home, houses are staying on the market longer, giving the serious buyer more options. The median sales price in Orange County for August was $1,200,000 and the median price at the same last year was $1,100,000. This price represented a 16.8% increase year-over-year.

Orange County is the most expensive real estate market in Southern California. On average, homes in Orange County sell after 39 days on the market compared to 30 days last year. The market here, as in most communities, is shifting from hot to more balanced conditions.

Screen Shot 2022 11 02 At 9.33.10 Am As The Market Continues To Normalize, A Year-Over-Year Price Drop May Occur Later This Year In The Orange County Housing Market. Given The Huge Amount Of Appreciation Over The Past Couple Of Years, Homeowners And Investors Have Little To Be Concerned About.

As the market continues to normalize, a year-over-year price drop may occur later this year in the Orange County housing market. Given the huge amount of appreciation over the past couple of years, homeowners and investors have little to be concerned about.

If you are looking to build your personal wealth, consider becoming a Private Investor with Sun Pacific Mortgage. Having been in business for 34+ years, we are always looking for new Investors to join our team. We offer regular trust deeds that can help you make up to 9-13% return on your investment. Give us a call at 707-523-2099 or fill out the form on our Investor website page here: https://www.sunpacificmortgage.com/invest-in-trust-deeds/

Leafing You Breathless – Recently Funded!

Nov 2022 Week 2 Copy Make This Month Less Stressful With Our Fast Private Money Loan Programs, Just As We Did Below For These Other Borrowers:Get Relief From Stressful Financing:

Make this month less stressful with our FAST Private Money Loan Programs, just as we did below for these other Borrowers:

Recently Funded

(*See Below For Current Market Updates And Timely Blogs*)

Screen Shot 2022 10 31 At 11.49.26 Am Make This Month Less Stressful With Our Fast Private Money Loan Programs, Just As We Did Below For These Other Borrowers:Need a sigh of re-leaf and don’t know where else to turn to? Give us a call at 707-523-2099 or visit our website at www.sunpacificmortgage.com with any questions or scenarios.  We’ll quickly answer with what we can do to help!

Press Democrat Report on Sonoma County Real Estate

In An Article That Appeared In The Local Sonoma County Newspaper On October 14, 2022, Sara Edwards, Their Business Reporter, Had Some Interesting Highlights To Share Regarding The Real Estate Market Today.In an article that appeared in the local Sonoma County newspaper on October 14, 2022, Sara Edwards, their business reporter, had some interesting highlights to share regarding the real estate market today.

Some of her points included:

  • Santa Rosa had the highest number of home sales in 2021
  • Sebastopol was the most expensive
  • 2,2440 homes sold in Santa Rosa in 2021=39% increase from 2019
  • Sales in other local cities never surpassed 1000 homes
  • More housing divisions that have been under construction are now getting completed in Santa Rosa
  • Multiple buyers and offers, along with a lack of inventory contributed to increased sales prices.
  • Sebastopol’s highest median sales price in 2021 was $1,095,000
  • Sebastopol is the only city to have a median price over $1 million.
  • Cotati and Rohnert Park were tied with the lowest median home sales price at $635,000

All of Sonoma County saw a frenzied housing market for the past two years, and while the market has somewhat cooled down, prices are not tanking. The multiple offers are few and far between but offers still come in above asking.

Knowing that homeownership is a great hedge against inflation, we can expect that California’s market will fair far better than other parts of the country.

If you are interested in becoming an investor or need to purchase or refinance, give Sun Pacific Mortgage a call at 707-523-2099 or find us at www.sunpacificmortgage.com. We offer fast, private loans for owner-occupied, non-owner occupied, commercial and land deals.

Fast Financing That’ll Give You Goosebumps!

Let us help you or someone you know with our scream-worthy Private Money Programs, just like we did below.  You’ll get goosebumps because we are that good!

Image5 We Can Be Reached At 707-523-2099 Or Visit Www.sunpacificmortgage.com With Your Questions Or Scenarios.  We’ll Quickly Let You Know How Our Scream-Worthy Private Money Loans Can Help You Or Someone You Know!Recently Funded

Program: Primary Residence Refinance
Amount Funded: $830,000
Location: Monterey County
Why Came To Us: Credit was poor with mortgage lates, so got our loan to consolidate high interest cards and improve qualifications for a long term traditional mortgage.


Program: Investment Property Purchase
Amount Funded: $960,000
Location:  San Diego County
Why Came To Us: Difficult to prove income as self-employed.


Program: Primary Residence Refinance
Loan Size: $673,000
Location: Sonoma County
Why Came To Us: Borrower needed to remove ex-husband from Title as part of divorce and has a small deadline to do this.

We can be reached at 707-523-2099 or visit www.sunpacificmortgage.com with your questions or scenarios.  We’ll quickly let you know how our scream-worthy Private Money loans can help you or someone you know!

U.S Housing Market Experiencing One of the Most Dramatic Shifts in its History

Model House On A Financial GraphEven Federal Chair, Jerome Powell, went so far as to call it a “difficult correction.”

While the speed and breadth of the slowdown have some Americans worried about a repeat of the 2008 housing bust, John Paulson, the hedge funder who famously pocketed $4 billion betting against the U.S. housing market in 2008, is among those who believe history isn’t repeating itself.

Paulson believes that the underlying quality of the mortgage industry today is far superior to the subprime mortgages that flooded the market in 2008. Thanks to the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the stability of the U.S. financial system and the quality of our mortgages is ensured.

As a result of this act (CFPB), banks and financial firms are not highly leveraged. This phenomenon would be seen as unacceptable in today’s market and this law prevents banks from making specific types of risky investments.

At Sun Pacific Mortgage, we adhere to the Dodd-Frank regulations. Any loan is thoroughly screened and only those who have sufficient equity and proof of the ability to repay the loan get presented to our team of Investors.

If you are looking for a profitable return on your investments in these uncertain times, give Sun Pacific a call at 707-523-2099 to discuss becoming part of our team of private investors, or visit our website at www.sunpacificmortgage.com.  We have been engaged in private lending to Californians for 34 years and are one of the only private lending companies that still offer owner-occupied, consumer purpose mortgages.

Spooktacular Loan of the Week!

Rip Loans Avoid Mortgage Declines And Slows This Halloween Season By Taking Advantage Of Our Private Money Loans:R.I.P. Turned Down Loans!

Avoid mortgage declines and slows this Halloween season by taking advantage of our Private Money loans:

Screen Shot 2022 10 10 At 4.08.16 Pm Avoid Mortgage Declines And Slows This Halloween Season By Taking Advantage Of Our Private Money Loans:

Our Spooktacular Loan of the Week

Program: Owner-Occupied Refinance Business Purpose
Loan Size: 900k
Location: Sacramento County
Why Came To Us: A Mortgage Broker was hoping to get quick assistance for his client who’s debt to income ratios were too high. This Borrower needed a quick refinance with cash out to save a rental from default and to upgrade the property so they could get higher rental return. With an LTV of 51%, this was easy for us to get approved and funded!

If you have any questions or scenarios, you would like us to review, call 707-523-2099 or visit our website at www.sunpacificmortgage.com.  We will quickly show you how to make getting a loan less terrifying with our Spooktacular loan programs.

California’s North Coast Home Prices Rise in August

Jenner CaliforniaIn August home prices ticked up in Napa, Sonoma, and Solano counties, but Mendocino Lake and Marin counties along with San Francisco trended downward as compared to July.

The median price for a single-family home sold across the nation in August was $440,000, while the median in California was $839,500. For the North Bay, the median was $738,000. Inventory remains low on a historical basis. At times the number of homes for sale has exceeded 10,000 for Marin, Mendocino, Napa, Solano, and Sonoma counties. Multiple listings for August show North Bay inventory was at 2,747 homes for sale, 14% below a year ago.

Find a comparison chart of the North Bay counties prices and annual/monthly changes below:Image1 In August Home Prices Ticked Up In Napa, Sonoma, And Solano Counties, But Mendocino Lake And Marin Counties Along With San Francisco Trended Downward As Compared To July.

If you are looking to offset your losses experienced in the latest stock market tumble, consider becoming a Private Money Investor with Sun Pacific Mortgage. Hundreds of our investors are enjoying the benefits of being a passive homeowner collecting 8%-13% on their investments in California real estate. To learn more, call today (707) 523-2099 or visit our website at www.sunpacificmortgage.com.

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