The American Canyon real estate market is fast and you better not wait too long or you'll miss out completely. My listing at Rio del Mar sold at $415,000 which was $45,000 above asking. There were 4 total offers. It's at the entrance of the Rancho del Mar subdivision and boasted a huge back yard … Continue reading
Vallejo continues to be one of the hottest markets in the country and why not. Investors are going in and rehabilitating older homes so that the sparkle once again. It continues to be an appealing destination for Millenial first time home buyers working in San Francisco or the East Bay. Inventory continues to be a … Continue reading
The American Canyon real estate market got healthier in December as the number of homes sold nearly doubled and the median sales price rose 17.5% month-to-month. The $490,000 median home price reflects increased first time home buyer demand. This past summer and fall there were fewer big houses on the market driving down the overall … Continue reading
OMG! The median sales price and the average sales price in November plummeted in American Canyon...by a lot. And there are only 20 homes for sale. And the number of homes sold dropped by 1/3 year over year...and...and...and... It's easy to get caught up in the hysteria of the market place and feel like the … Continue reading
I get that question at least once or twice every single open house. Short answer is I don't think so. The longer answer is always a little more complex. No, we aren't in for another housing collapse but we are headed straight for another housing crisis...or as one editorial put it: "housing catastrophe." It is … Continue reading
Inventory is up in Solano County this week. Interest rates are back down...things are looking up for a huge spring selling season.
Solano inventory dropped for the second straight week last week while Napa County remained relatively static. Anecdotally, the housing market is still moving at a brisk pace throughout the region. Sales are down in American Canyon but prices are way up. This appears to be the case throughout the rest of the region. After the … Continue reading
Inventory dropped in Solano County this week while Napa County remained relatively stagnant. At the same time, mortgage rates continued to tick up. The big real estate news this week, however, came on Friday as the new administration decided not to cut the insurance premium on FHA loans. It's too early to say exactly what … Continue reading