Barrel Tasting and Real Estate

Coming 2 weekends will be the 30th annual barrel tasting weekend in Sonoma County. There will be food and lots of great wines to preview from the barrel. Tickets are $20,00 per person per weekend. It’s going to be busy, usually Sundays are less busy than Saturdays and rain keeps people away too…

Eric Trailer did a great article on the stimulus package : How Stimulating Will Raising the Conforming Loan Limit Be? Interesting article it is expected that the conforming loan limit in Sonoma County will be $ 625,000 so a lot more people will be able to either refinance or purchase a home with a conforming loan.

The market is picking up, this week we had 84 properties opening escrow, as of this morning, we had 414 properties opening escrow for the month. With 2462 active residential listings (count 7 am this morning) we have about 6/7 months of inventory. Here’s the chart for last 2 years:inventory.jpg

Enjoy the weekend, should you go barrel tasting, let me know which winery/wines you liked best.

Mirjam (mirjam@c21alliance.com)