It varies, in Sebastopol the least I have seen is $25K, the most close to $500K (A vineyard and winery). Redfin, Trulia, Zillow and the rest changed things. Buyers have a real good idea of what comparable homes have sold for and they won’t bid on overpriced homes ( It’s much rarer today to see [...]
And I am far from alone. I have been corresponding with Bill McBride about this for some time ( CR) and see that his site has a post quoting Redfin on the subject. Earlier this morning I was talking to a friend from Coldwell Banker about this and we both see the shift beginning. So, [...]
I have been more than busy and will only hit the high spots, homes I think are worth a look at or near the asking price. MLS # 21313308 is located at 7149 Calder ave. This is a 2236 Sq Ft 1895 built 4 Br 2 Ba home on the Sonoma County Historical register. The [...]
The market here is very odd. Under $600K or so there are few properties worth looking at even once. In the mid range, roughly $600K to $1.25 MM it’s hit or miss, with the best buys coming from stale listings. And on the high end ( A third of the residences ere are priced above [...]
There were 80 in attendance. 11 new escrows were opened , 3 were closed, 4 price reductions were announced as were 13 “Buyer’s needs”. 25 upcoming listings were brought up, still mostly in the mid and high price tiers. Still quite a few multiple offers on well priced homes and still quite a few cash [...]
An article in today’s Press Democrat states that active inventory at the end of April was 734 homes, a 9 year low. That’s less than a 2 month supply at current absorption rates. And that 1//3 of sales were all cash, with 45 percent of those cash sales to people who intended to live in [...]
There are 11 open homes this Sunday and some are well worth a look. Here they are, with my restrained comments. If you want more details on any of these, feel free to email or call me whether or not you are represented by an agent already ( I won’t interfere with that relationship). MLS [...]
