After a soggy Friday it turns out to be a sunny weekend. The perfect weather that we are used to in Sonoma County -aren’t we spoiled rotten and loving every minute of it?
Recently we had some pretty interesting articles in the Pressdemocrat –specifically one on Oct 12th 2007 – about the tremendous amounts of foreclosures… Yes, it’s better not to have any at all but let me put this into perspective:
Although they say foreclosure filings have tripled from last September to this September, we only have 272 Sonoma County homes in default or foreclosure. And they admit some might have been double counted due to multiple loans on the property.
Let’s put it in actual perspective. According to the article, that is one in 711 households, for a total of 193,392 households in Sonoma County. If my math is correct, that is .14% of the properties in Sonoma County… less than ¼ of 1%!!!
Let’s get real about our market and realize that this is a perfect market to buy and also to move up. (I will post more about this the coming weekd)
Of course, unless you are one of the 272 households…
Enjoy the rest of the weekend and should you decide to go home shopping: call us first for a list of excellent opportunities.
Mirjam
(707) 486-2638