Buying a home in Sonoma County

Sonoma County Real Estate Foreclosures Down 24%

The number of homes going into foreclosure in Sonoma County has dropped to its lowest level in five long years. For people buying homes in Sonoma County for the past five years it has been easy pickens. That all seems to be changing… DataQuick, A San Diego-based real estate information service, states that 698 county homeowners received notices of default in the first quarter of 2011. That is down 19 percent from a year earlier and is the lowest total for any quarter since the second quarter of 2007.

What this means for anyone looking for a home is increased competition. Buyers can expect a completely different market in 2012 when looking to buy real estate in Sonoma County compared to a year ago. Many buyers are seeing multiple offer situations on homes for sale in Sonoma County with sold prices over asking.

 Most attributed the decline in foreclosures to an improving economy and real estate market, as well as to bank and government policies that increasingly favor short sales over foreclosures.

Also banks appear to be holding back inventory being released into the market with REO agents reporting shrinking inventories. This is great news for homeowners thinking about selling their homes in Sonoma County. If you would like more information regarding the market is Sonoma county check out the Market Insider. The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions. For Complete information regarding foreclosed homes in Sonoma County call Millar and Company at 707-217-1786.

Santa Rosa Pre-Foreclosure

 

Interest Rates for Russian River Homes Fall to Four Week Low

Mortgage Rates for a 30 Year Fixed Loan for buyers interested in Buying property in Sonoma County and the Russian River were quoted at 3.73 percent down from 3.18 percent the same time a week ago. For more information on rates and how to be approved go to www.millarandcompany.com
Brought on by unimpressive jobs reports and the European crisis rates have fallen again and have stimulated buying activity for homes in the Russian River and Sonoma County.

Home sales in Sonoma County and Santa Rosa are up with 25% of purchases of Russian River Real Estate and Homes in Sonoma County by cash buyers and investors.

We had a home for sale in Santa Rosa that was listed for ten days and had 25 offers so the market is really heating up.

This coming week we expect rates to remain fairly flat so If you are thinking about getting in the market contact us now.

Homes on the Russian River Experience Wild Steelhead

If you are thinking about buying a home on the Russian River in West Sonoma County you may be interested in the Russian River Wild Steelhead Association.  The Russian River Wild Steelhead Association is a sportsman’s organization dedicated to the preservation, protection and enhancement of wild Russian River steelhead and the Russian River watershed. For home owners lucky enough to have bought a home on the Russian River they have witnessed one of the best returns of Steelhead since the 2006 season.  Now is the time to intensify restoration efforts on the Russian River so all home owners on the Russian River can appreciate all the natural beauty that owning a home in the Russian River area has to offer. For more information regarding the Russian River Wild Steelhead Society you can check them out at facebook.com/russianriverwildsteelheadsociety. For more information on buying a home or Russian River Real Estate in general please contact us at 707-217- 1786 or millarandcompany.com

Russian River Vacation Homes

Millar and Company Real Estate 707-217-1786 http://millarandcompany.com

Learn About Guerneville Right Here!

It is very important for you to know the ins and outs of the town (Guerneville) you will be moving to. When you're making a decision to move, you want to work with the Guerneville real estate agent who has extensive knowledge of the area and can help you and your family prepare for life in Guerneville. Who better to answer your important questions like, "Where is the good Chinese place?" and "How far away is the movie theater?" Find out about what matters to you, such as the quality of the local school system, access to mass transit, and overall quality of life in Guerneville. Now you can take advantage of Guerneville expertise, get answers to your questions, and relax while all your needs for your upcoming move to Guerneville are taken care of!

To find out more about Guerneville, or to get in touch, please click here.