Foreclosure activity in Sonoma County remains at levels last seen in the years before the housing bubble burst. County homeowners lost 71 residential properties in the first quarter of 2014, according to real estate information service DataQuick. That was a decrease of 53.9 percent from a year earlier and represented [...]
Sonoma County’s housing market has gotten off to its slowest start in six years.
Sonoma County home sales slowed in January, but the market did see a jump in deals completed for more-expensive properties.
Sonoma County foreclosures in 2013 dropped to their lowest level in seven years.
While sales slowed markedly in December, Sonoma County’s housing market in 2013 still posted its best year since 2006.
County sales slowed, but market remains on track for best showing in seven years.
For the first time since housing prices crashed, the rate of distressed home sales in Sonoma County has fallen to single digits.
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.
Sonoma County homes sales slowed in September as fewer investors and other buyers hunted for properties.
Agents reported fewer buyers bidding on same homes, possibly due to higher interest rates.