I put together this chart today after seeing the Interest rates from 1971 to present, information provided by Freddie Mac's research on Conventional, Conforming Mortgage's. I remember my father purchasing a home in 1981 at 17% interest so everything seems reasonable to him....it is all in the perspective I guess. … [Read More...]
Sonoma Valley Monthly Market Update:
Home prices have been going up and down in Sonoma Valley since the spring, and October saw them dip to $565,000, a modest month-over-month decline of 4 percent. Sellers received an average of 94 percent of original price, a 2 percent bump from September.
In September, Sonoma Valley homes took about three months to exit the market, but by October that time … [Read More...]
Sonoma County's Market Update:
With an October median price of $464,000, homes in Sonoma County are up 3 percent from September and a healthy 21 percent from this time last year. Buyers paid a few points less than list prices – 4 percent – which is consistent with patterns that began in June.
Homes stayed on the market an average of 66 days, almost identical to the … [Read More...]
Very knowledgable and patient agent. Worked hard for us over a period of months to find “the house” for us in a tough real estate market. Made the process of the purchase a relatively painless experience. Would recommend Larry’s service to anyone.” -Mr. & Mrs. Gabriel, Clients