Sonoma-County-Real-Estate-Market Tag

Open May 18 1-4PM: A Panoramic Country View Property in Sebastopol

As a 10 year resident of Sonoma County, one of the only things I really missed when I moved up here from the San Francisco Bay Area in early 1999 was my fantastic 3 Bridge SF Bay view with spectacular sunsets every night from every room in the house. It was a great way to transition from a busy day by enjoying the sunset in the evening. My current home is not situated to take the western views in, although when I feed the horses, that is my sunset viewing time. That is why I love the listing at 2210 Pleasant Hill Road in Sebastopol, and offered to Pamela Bernier, the listing agent, that I would hold it open this Sunday May 18 1-4 PM in the hopes that I might introduce the property to some folks looking for a lovely 2.6 acre parcel, home and small horse setup set way back near the end of a peaceful country lane. The entire home faces the rolling western hills of Sebastopol with panoramas of vineyards, orchards and distant redwoods. The acreage is very usable and would accommodate horses or livestock, an avid gardener or grape grower or just some folks who want to kick back on the decks at sunset and unwind in a their very own Shangri-la. Come visit tomorrow and learn about this or other properties on the market, as well as current Sebastopol and Sonoma County real estate market trends. This last week I toured 11 new property listings on the market in Sebastopol, as well as others around the county, so I can fill you in! ...

Inventory, Inventory: Who's got the Country property inventory?

Help! There is not enough country property for sale in Sonoma County. I have buyers and very little to show them at the moment. Sebastopol, Healdsburg and the Valley of the Moon in particular are very low on new country real estate for sale. A really lovely piece of land with two legal units in an estate setting between Graton and Forestville just went into escrow with multiple offers. A charming farmhouse with two studio buildings and a small horse setup privately situated just 5 minutes outside of Sebastopol is in contract with multiple offers. An all cash buyer, rumor has it, plopped down nearly 2 million in cash (pending inspections) for a GORGEOUS 20 acre piece with a classic coastal home and large studio building within a week of entering the market. I think sellers are hunkering down due to the negativity in the press and uncertainty and fear in the economy. But well-priced, well marketed and properly prepared homes in Sonoma County, particularly country property, will sell quickly. There are a lot of buyers out there who have gotten off the (classic 3 rail wood board) fence who are looking for new homes or weekend getaways. If you have a country property in Sonoma County that you want to sell, please contact me for a free market analysis!...

Sonoma County going to the Dogs?

I was surprised to note how many of the people who visited my open house last month at a cute farmstead in Sebastopol were looking for property for their dogs! This property was in a great location at the end of a private lane well away from main roads and neighbors who might be disturbed by the occasional bark. Well I shouldn't be surprised since one of the main reasons I moved to Sonoma County was to have more room for my two dogs (Vizslas) and the horses as well as the humans of course, yet still be within an hour of the Golden Gate Bridge. Finding a safe property off the main thoroughfares was a key priority to me, and is to many of the buyers of Sonoma County real estate I meet. Friend Sandy Lurins, was so on top of the trend that she founded the very successful Fetch (thepaper) in her copious free time (not!) while not working at her day job at Autodesk. Sonoma Pets is a print publication and on-line pet directory for Sonoma County published by the Santa Rosa Press Democrat. There are many excellent small animal and equine veterinarians in the county, so much that many pet owners from the Bay Area will travel here for specialty care. ...

Finding great real estate deals requires a laser beam approach

I enjoy looking at market statistics for the Sonoma County real estate market. As a realtor and full time professional in the market, I look to statistics to confirm or enlighten me vis a vis my own perceptions. I also know the damage that can result from a broad brush focus on statistics. Witness the overall drop in Santa Rosa real estate values year over year of over 15%. (according to Zillow) Not only Zillow but lenders use this sort of data to tar any Santa Rosa home, when the truth is the hardest hit have been the large tracts of entry level inventory that Sonoma County communities such as Santa Rosa, Petaluma, Rohnert Park/Cotati and Windsor have. These communities have the highest preponderance of entry level single-family tract homes which were hardest hit by the sub-prime crisis. All of these communities have some wonderful country properties, vineyard properties and horse farms which will be negatively impacted from a lender's eye in terms of valuation, relative to equivalent properties in Sebastopol, Healdsburg, Kenwood, Glen Ellen and Sonoma. They could be equally or more scenic, have oodles of wine country juice but are harder hit from a statistical eye. That is why the laser beam approach is best when you are actively in the market for real estate, or are planning to sell a property for that matter. As my colleague in coastal San Mateo county, Marian Bennett said recently, "Coastside real estate is very “location specific”. Trends can be information but they are not the whole picture if you are ACTIVELY in the market. In our office alone, 2 homes sold within hours of being listed last week. Part of that may be heading into the spring buying time and/or the seller had the golden triangle (my phrase) of Location, Price, and Presentation. "...

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