Sonoma County home sales rise due to jump in “equity” properties

Sonoma County home sales rose last month to their highest level in nearly three years, as more owners who still had equity in their houses agreed to sell. In the last three years, these so-called “equity” sales have become a larger part of the county housing market, even as the number of foreclosures has significantly declined, according to The Press Democrat monthly housing report compiled by Coldwell Banker manager Rick Laws.