Sonoma County rents level off; analyst points to rising home sales
Sonoma County apartment rents leveled off late last year, part of a national hiatus that a real estate information company attributed to increased demand for single-family homes.
Sonoma County apartment rents leveled off late last year, part of a national hiatus that a real estate information company attributed to increased demand for single-family homes.
Bay Area home prices in December soared 32 percent from a year earlier, the biggest such increase in a quarter century.
Buyers in 2012 purchased $2.5 billion worth of Sonoma County houses and condominiums, the most money spent in six years.
Sonoma County home sales remained strong in October, even as the portion of foreclosure sales fell to its lowest level in at least four years.
Sonoma County apartment rents climbed 2 percent in the third quarter to an average $1,275 a month, a real estate research company reported Thursday.
Foreclosure activity in Sonoma County remains at or near a five-year low, and analysts attribute the slowdown to more short sales, a stronger housing market and more rules on banks.
UPDATE: CLICK HERE TO SEE THE FINAL VERSION OF THIS STORY. Sonoma County’s housing market remains on track to post its biggest sales numbers in seven years, but the median price here is rising considerably slower than for the entire state. The county’s median price in September climbed 4 [...]
Sonoma County’s median home price shot up in August to $385,500, an 11-percent increase from July as buyers purchased a larger share of properties priced between $400,000 and $800,000.
Coldwell Banker Residential Brokerage, the largest real estate brokerage in Northern California, has acquired Coldwell Banker Coast and Country, an independent firm serving the Sonoma Coast.
Sonoma County home buyers last month continued to snap up properties at the fastest rate in nearly seven years.