The Sebastopol Broker’s meeting and tour 4/8/2015

I skipped the tour because I had inspections scheduled, but there were 5 houses on the tour, all of which looked nice. Tuesday’s Santa Rosa tour had 35 homes, inventory is definitely picking up at a faster pace than last year and the consensus among agents is that prices are stabilizing. 18 new escrows were […]

The Sebastopol Broker’s meeting and tour, with comments on the market

81 were present.  13 new escrows were opened, 14 closed, one price reduction, one local property back on the market, 17 upcoming listings announced and 5 new buyer’s needs brought up. Several people mentioned how happy they were to see inventory finally picking up, 14 on the Sebastopol tour today, 49 on yesterday’s Santa Rosa […]

Sonoma County, here comes the inventory

There are 49 homes on the Santa Rosa Broker’s tour this morning. More than have been seen for 5 years and it’s at the beginning of the selling season…In other markets once Inventory started to grow it grew very quickly. Inventory has a large effect on pricing, more than rates. Has the market turned?