2010 -- WHAT WILL THIS MEAN FOR SONOMA REAL ESTATE?

A new year and new opportunities for both buyers and sellers! 2009 ended with an 18.5% increase in the median home price compared to December 2008. In addition we are seeing less inventory on the market and days on market are decreasing. Though there will continue to be both foreclosures and short sales in 2010, the market appears to have stabilized.

Expect to see greater activity in areas with second homes such as Sonoma, Healdsburg, and the Sonoma Coast. Prices have come down and there has been increased activity with buyers of second homes.

If you are waiting for the market to hit bottom or the huge wave of foreclosures, wait no longer. If last quarters trend continues, the corner may have already turned.

If you are considering selling, let me help you with an understanding of pricing that reflects today’s market. An enticing home and a well designed marketing approach are essential. I know what Wine Country buyers want and how to market to buyers who may be located anywhere in the world.

Today’s market needs expert advice and I want to be your agent of choice. Contact me and let’s get started

 

 

 

 

Let's get together and talk about your home buying and/or selling plans. Call me at the office (707.577.0575) or on my cell phone (707.974.1372) or send me an e-mail sandra@winecountryhomes4you.com and we'll set-up a time that is easy and convenient for you to meet.

P.S. If you're not ready to meet in person, please tour through my website. I'm sure you'll find the resources here useful and helpful. Enjoy!




Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed4.97%5.13%
15-yr Fixed4.33%4.56%
1-yr Adj4.27%5.3%
* national averages




Sandra Ormerod -- Sotheby's International Realty 25 East Napa Street Sonoma, CA 95476
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