Real Estate and Real Life in the Wine Country

And you thought now is about the worst time to buy Real Estate let alone own Real Estate? Over priced, not worth it, etc etc etc. Let me share some quotes with you:

“A home is where a bad investment is” - San Francisco Examiner 1996. -> Average price of a home in San Francisco in 1996 was $250,000. Ten years later is was $750,000

“Financial planners agree that houses will continue to be a poor investment” - Kiplinger’s Personal Financial Magazine, 1993 -> Average home price around $190,00o

“If you are looking to buy, be careful. Rising home values are not a sure thing anymore” -Miami Herald 1985 -> Average home price around $120,000

“The goal of owning a home seems to be getting beyond the reach of more and more Americans”- Business Week 1969 -> Average home price around $ 25,000

“Houses cost too much for the mass market. Today’s average price is out of reach for two-thirds of all buyers” -Science Digest, 1948 -> Average home price around $ 7,000

Here it is, the history makes it clear: buying a home has always been expensive, first time home buyers have always been in a difficult spot, the first year is hard. However, rewards are there for those who take the challenge and go for home ownership.

Think of it, I don’t know how old you are, but the people who were starters in 1965, are retired by now, their home has become a nice nest egg…

Have a great weekend!

Mirjam

Since Sonoma County is one of the most beautiful places on earth to live (ask my hubby) people tend to stay around. I tend to think that people who live in a great environment live longer. Alas, when we get older, the home we live in might get to big and to much upkeep. The good news is that there are some great communities that cater to these needs.

Earlier this week, I had lunch at Merrill Gardens in Rohnert Park. A great retirement community that gives you the opportunity to get away from household chores and home maintenance. Entering the property, you immediately get a feeling of casual country living, of enjoying life. It’s on a beautiful location in Rohnert Park. There is a program every day with interesting things for everyone, go to the mall, do an art class etc.  Everyone gets his own email address and is encouraged to stay on touch with friends through email, they have computers to use for this in the country store/library. And, pets are allowed, that is, if they pass the initial interview. While Judy Goldman showed me around, I did see a few friendly dogs accompanying their owners.  The 1 bedroom apartments with a small kitchen have a great floor plan and they have some 2 bedroom apartment too. So you can cook in your apartment but you can also go to the restaurant for lunch or dinner. The food is great and there is have anytime dining.

Should you or one of your loved ones be thinking about moving into a retirement community, make sure to visit Merrill Gardens on Rohnert Park. Judy Goldman and Sandi Truesdell will be happy to show you around. Tell them I sent you!

Have a great day!

  Mirjam