Foreclosure sales drop to lowest level since prices crashed
For the first time since housing prices crashed, the rate of distressed home sales in Sonoma County has fallen to single digits.… Read More »
Sonoma County foreclosures drop to pre-crash levels
Foreclosure activity in Sonoma County has fallen to pre-housing crash levels, as a rebound in home prices and government actions sharply lowered the number of residents losing their homes.
The county recorded 82 homes lost to foreclosure in the third quarter, according to San Diego-based information service DataQuick. That was the lowest number since 49 foreclosures occurred in the fourth quarter of 2006 — months before the county’s median home price began a decline of 50 percent.… Read More »
County home sales slow from “red hot” pace; brokers see pullback by investors
Sonoma County homes sales slowed in September as fewer investors and other buyers hunted for properties.… Read More »
Sonoma County median home price dips 8 percent in August
Agents reported fewer buyers bidding on same homes, possibly due to higher interest rates.… Read More »
County home price rises sharply due to shift in sales
Sonoma County’s median home price shot up to $479,000 in July as sales shifted dramatically from starter homes to properties in pricier neighborhoods.… Read More »
Realtors: Foreign buyers make up a quarter of state’s housing investors
Foreign buyers made up a quarter of the investors buying and selling homes in California this spring.… Read More »
Foreclosures fall to lowest level in six years
Sonoma County home foreclosures this spring fell to their lowest level in more than six years, a drop attributed partly to new state rules and rising home prices.… Read More »
Sonoma County home sales stay at highest level in eight years
May homes sales in Sonoma County remained at their highest level for the month in eight years. Buyers purchased 505 single-family homes last month, according to The Press Democrat’s monthly housing report compiled by Pacific Union International Vice President Rick Laws. That was one more home than sold in May 2012 and the most for the month since 558 homes were sold in 2005. The median price last month declined 2.4 percent from April to $425,000. Despite the dip, the… Read More »
Sonoma County median home price exceeds $400,000
Sonoma County’s median home price jumped above $400,000 in April for the first time in nearly five years.… Read More »
Sonoma County foreclosures fall to lowest level in six years
Sonoma County foreclosures have dropped to their lowest level in six years, a decrease attributed partly to a new state law regulating the practice. One hundred fifty-four homeowners lost houses and condominiums to foreclosure in the first quarter of the year, according to San Diego information service DataQuick. That was a decrease of 42.8 percent from the previous quarter and the lowest for any such period since 94 homes were lost in foreclosure auctions in the first quarter of 2007.… Read More »
