Real Estate Report on North Bay Counties for August

[Ken and Ari Walker]

Once again, the lack of inventory has been the biggest factor in the shaping of the real estate market for last month.  Too many Buyers, not enough Sellers.  Here are the single-family residences results for Sonoma, Marin, and Napa counties:

Sonoma County:

• Into contract:  537
• New listings:  451 (115% less than 8/2020)
• Closed:  585
• Open listings on 9/1:  698

Marin County:

• Into contract:  192 (20% less than 8/2020)
• New listings:  139 (53% less than 8/2020)
• Closed:  223
• Open listings on 9/1:  211

Napa County:

• Into contract:  126
• New listings:  111 (14% less than 8/2020)
• Closed:  125
• Open listings on 9/1:  235

If you are hoping to snag your own new home in the North Bay or anywhere else in California, consider a privately funded loan from Sun Pacific Mortgage.  With our specialty mortgages, you are armed with the “fast close” weapon, a real bonus in this present market.  We offer refinances, Bridge loans, and purchase loans that can be closed often in a week.  Call us at 707-523-2099 to find out what we can do for you.

Click here to learn more about our company.

Best, Ken – Another Guy in the White Hat
Hard Money Lead Loan Originator at Family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988!  707-523-2099   www.Sunpacificmortgage.com
CA DRE License #01858042 and NMLS #1221130

 
Note:  Get our financing despite bad credit, difficult to prove income, property a fixer, etc.!  We finance Jumbo loans, Bridge and short-term loans, Owner Occupied purchases and refinances, investment purchases and commercial.

The content of this blog contains general advice only and does not consider individual financial circumstances, desired loan amounts or existing real estate or lending transactions. This information is intended for licensed Real Estate Agents and licensed Lenders/Mortgage Brokers and is posted on our company website and specific blog sites with the express purpose of reaching such licensed individuals.