Are we at the bottom?
Earlier this week I had the privilege to be at a financial seminar organized by Wachovia Securities. Senior Portfolio Manager Margaret Patel was the first speaker and besides a lot of valuable information she expects the real estate market to go further down, about 10-15%. Of course this forecast is based on the financial and economic situation in general and is an overview of the real estate market nation wide. However, all real estate is local and the following charts show what’s currently happening in the real estate market in Sonoma County. Please feel free to give your opinion, quite frankly I think with numbers like these we might have hit bottom in Sonoma County…
In the mean time, don’t forget that we live in beautiful Sonoma County and this weekend and the next weekend is Wine Road Barrel Tasting.
Should you like to go next week, it’s cheaper to order tickets ahead of time, click here to order.
Have a great day!
Mirjam -707-486-2638
Mirjam on March 8th 2009 in RE by the numbers, Economy, Wine, Visit WineCountry, Wine Tasting, Sonoma County info
Free Avatars responded on 13 Aug 2010 at 12:00 pm #
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