The median price of a Sonoma County home was $340,000 at the end of November, down slightly from $345,000 the previous month but up for the low hit last February of $290,000. This reflects several trends: shrinking inventory due to increased sales, initially led by the surge of entry-level home sales begun last spring, and followed by a late full increase in the sale of upper-end and mid-range homes. Most agents I talk to are upbeat about the coming market this winter and spring. We also wonder what the impact of the so called shadow market of...Continue Reading!
I stepped away from the office to admire the sun streaming through a very large Japanese maple in the back yard. It is brilliant red orange sorrounde by the lemon yellow leaves of two adjacent mulberry trees. This was shot with my iPhone. Posted via email from pambuda's posterous Continue Reading!
I am offering a break from all the market stat and technology posts. This video has great views of some Sonoma county back roads. Did you know you could do 2 rides a week for a year and not do the same ride twice? Courtesy of the Press Democrat, the Santa Rosa Cycling Club and today's spring like weather! Posted via email from pambuda's posterous Continue Reading!
This story from Inman News was published a day after my previous post about the national real estate market--and reinforces the point I was making about the differences in our market and its phase in the recovery process.California resale inventory shrinking | Real Estate and Technology News for Agents, Brokers and Investors | Inman News Inventories of existing single-family homes in California are dwindling, reaching just four months of supply as the sales pace picked up from September to October, the California Association of Realtors reported. Home sales historically trail off during the fall and winter months, CAR said, but affordable home...Continue Reading!
I enjoyed this photo essay by Maira Kalman in the New York Times today. Sonoma County is home to many adherents of local, sustainably produced food. Worth a browse to see her photos of a journey to Northern California and back to New York-from fast to Slow Food, with tales of locally, sustainably produced food and the Edible Schoolyard movement. Worth a look--enjoy! and Happy Thanksgiving! Continue Reading!
As I head off to Thanksgiving dinner in Sebastopol, I want to say how much I appreciate all of you who visit this blog, and of course I want to thank all my clients for entrusting me with the important business of selling or buying your homes, as well as your referrals to your friends and family. I am privileged to work with some wondeful people--thank you so much!Continue Reading!
But what about Sonoma County and Northern California? If you read this article in the business section of today's New York Times, An Upturn in the Housing Market May Be Reversing - NYTimes.com you'd find very justifiable skepticism about the increase in real estate sales volume nationally that we've experienced this summer and fall. As some friends and I discussed at dinner in Healdsburg Monday night, no one is convinced that the economy is on firmly recovering footing, Wall Street enthusiasm aside. So are we up for a "W" recovery--meaning another downturn in housing prices? ...Continue Reading!
One of the great features of Flickr, the rich photo sharing/photo management site offers is a way for people to group their photos by topic or other features such as location. I recently discovered this pool of images from 638 (and counting) photographers exploring the diverse beauty of Sonoma County. Enjoy! Continue Reading!
A Photo of a Google Tricycle scanning a neighborhood for Google Street View And I am not talking about the weather. Increasingly, information about US homes lives in the cloud, served up over high speed internet connections. For example, the National Association of Realtors is rolling out its own real estate database (directory) called Residential Property Resource--its goal is to provide comprehensive data on 150 million homes in the United States. (For a description and first take to the recent announcement, click here.) Google has been moving in this direction for several years. I recently wrote about Google Map's...Continue Reading!
Google has added property search of current real estate listings to Google Maps. You can go to Google Maps and search a community, even add in your criteria in terms of beds/baths/etc. and the map will highlight current listings and display detailed listing information on the left hand column--Google provides a video overview below. I thought I would check it out for accuracy. I ran a search for Healdsburg and found a property listed for $639,000. which was news to me as I have clients looking for something like that--I follow all the key markets in Sonoma County...Continue Reading!
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