Monthly Archives: August 2018

Things To Do This Weekend

Posted on August 23, 2018 by michelle_magnus

Whether you want to groove with Motown legends or enjoy a night out with the family at a free movie, there’s plenty to do coming up in Sonoma County.

Friday, Aug. 24

Rita Hosking Trio: Country-folk stories told through songs at 8 p.m. at the Sebastopol Community Cultural Center. Tickets are $20-$25. For more information call 707-824-1858 or visit seb.org.

‘Raven 24/7’: Seven original 10-minute plays will be staged in 24 hours at 8 p.m. on Aug. 24-25 at the Raven Theater, Healdsburg. Tickets are $20 for both nights. For more information call 707-433-6335 or visit raventheater.org.

Soulshine: Hear blues standards and original songs at the Funky Fridays summer concert series at 7 p.m. at Hood Mansion, Sonoma Valley. Tickets are $10. For more information call 707-833-6288 or visit funkyfridays.info.

Locos por Juana: Latin jam band performs as part of the Friday Night Live summer concert series at 6:30 p.m. at the Cloverdale Plaza. Admission is free. For more information call 707-894-4410 or visit cloverdaleartsalliance.org.

Ada Limon: Author reads from “The Carrying,” at 7 p.m. on Aug. 24. Reception 6:30 p.m. at Readers’ Books, Sonoma. Event features poet Matthew Zapruder. Admission is free. For more information call 707-939-1779 or visit readersbooks.com.

Saturday, Aug. 25

Sonoma Food, Wine & History Tour: Guided walking tour, food and wine tastings, and local history in downtown Sonoma from 11 a.m.-2 p.m. Tickets are $92. For more information call 707-939-5849 or visit sonomafoodtour.com.

“Avengers — Infinity War”: Free Movies on the Green at 7 p.m. at Weill Hall and Lawn, Green Music Center, Rohnert Park. $5 for parking. For more information call 866-955-6040 or visit gmc.sonoma.edu.

Kevin Camia: Los Angeles-based comedian performs at 7 p.m. at The Laugh Cellar, Santa Rosa. Tickets are $28. For more information call 707-843-3824 or visit crushersofcomedy.com.

Bodega Seafood, Wine & Art Festival: Live music and entertainment, art, and tastings from 10 a.m.-6 p.m. on Aug. 25 and 10 a.m.-5 p.m. on Aug. 26 at Watts Ranch, Bodega. Tickets are $10-$20. For more information visit bodegaseafoodfestival.com.

California Beach Boys: Tribute band performs as part of the Rockin’ Concerts series from noon-3 p.m. at the Village Court, Montgomery Village, Santa Rosa. Admission is free. For more information call 707-545-3844 or visit mvshops.com.

Sean Hayes: Folk, soul, and indie-rock singer-songwriter performs at 5:30 p.m.at The Barlow Event Center, Sebastopol. Chase McBride opens. Tickets are $15-$30 for lawn seating. For more information visit thebarlow.net.

The Bear Bones: Reggae, ska, and rock band performing from 4-6 p.m. at Chroma Gallery, Santa Rosa. Tickets are $10 (sliding scale). Proceeds benefit Santa Rosa Arts Center. For more information call 707-526-0135 or visit santarosaartscenter.org.

Sunday, Aug. 26

The Temptations and The Four Tops: Motown legends performing at 5 p.m. at Rodney Strong Vineyards, Healdsburg. Tickets are $89-$129. For more information call 707-431-1533 or visit rodneystrongconcertseries.com.

Buck Thrifty: Hear fusion-style of punk, funk, blues and jazz at the Backyard BBQ Series at 6 p.m. at the Twin Oaks Roadhouse, Penngrove. Tickets are $10-$20. For more information call 707-795-5118 or visit twinoaksroadhouse.com.

 

Compliments

DIANNE REBER HART AND HANNAH APPEL
THE PRESS DEMOCRAT | August 22, 2018, 3:01PM

Hiking Mt. Tam

Posted on August 14, 2018 by michelle_magnus

Experience the beauty of the outdoors at Mount Tamalpais in Marin County. Just this past weekend, I discovered an exquisite five mile loop that is perfect for an afternoon adventure. It features extensive views of San Francisco Bay and the Pacific Ocean. These trails are usually less crowded than some of the other trails on Mt. Tam. The loop passes West Point Inn and Mountain Theatre.

To start, park at the Pantoll Ranger Station and head up Old Stage Road towards West Point Inn. From the Inn, take the Rock Spring Trail toward Mountain Theatre. Once through the Theatre, you will find a spur trail that connects to Old Mine Trail—this brings you back to Old Stage Road just above the Pantoll parking lot.

Up and Coming Areas in Sonoma County

Posted on August 08, 2018 by michelle_magnus

Sonoma County draws people from all over the world to celebrate the incredible wineries, food culture and outdoor pursuits. Every year, we see up and coming neighborhoods creating their own energy and vibe that sets them apart. Discover our favorite hidden gems in Sonoma County perfect for a day trip or your next real estate investment.

 

South of A Arts District in Santa Rosa (SOFA)
Situated near Julliard Park, the SOFA neighborhood is a hidden gem. Juilliard Park offers Bocce courts, live music, and a community garden. SOFA is located in the corner between Hwy 12 and 101, and is home to over thirty artists studios. To celebrate this high concentration of artists, there is an annual artwalk that showcases the incredible creativity that SOFA has to offer. And the creativity doesn’t stop there—the restaurants and shops in the neighborhood offer up interesting and delicious fare. Check out The Spinster Sisters, Criminal Baking Company, and Atlas Coffee Company.

 

Graton
Located between Sebastopol and Forestville, the small town of Graton is home to restaurants, tasting rooms, and eclectic shops. The Joe Rodota trail runs through town toward the wetlands of Atascadero creek all of the way to Forestville. With a population of about 1700, the small town community has plenty of charm and delicious dining options. Check out Willowwood Cafe, Underwood Bar & Bistro, and Mexico Lindo. Tasting rooms include Bowman Cellars, Paul Mathew Vineyards, and Red Car Wine Company. Be sure to peruse the artists collective Atelier One, the Graton Gallery, and Mr. Ryder & Company. Graton continues to grow, with the development of a community park, and rumours of a brewery and taproom.

 

Geyserville
Geyserville lies just north of Healdsburg, nestled below the geysers that give the town its name. The downtown of Geyserville spans a mere few blocks, but you will find plenty to explore. Restaurants include Diavola Pizzeria & Salumeria, Geyserville Gun Club Bar & Lounge, and Catelli’s. For wine tasting, check out Meeker Vineyard Winery, Route 128 Winery, Mercury Geyserville, Ramazzotti Wines, or Locals Tasting Room. Other spots to explore are Isis Oasis, a retreat center and wildlife sanctuary that was opened in 1978,  Gin’Gilli’s Vintage Home, and Bosworth and Son General Merchandise.

Images courtesy of :
http://sonomastories.blogs.pressdemocrat.com/10083/walk-on-the-wild-side-art-alley/
https://en.wikipedia.org/wiki/Graton,_California
http://www.kellielarson.com/geyserville/

 

Market Update for Sonoma County

Posted on August 06, 2018 by michelle_magnus

California home sales stumble in June as median price hits new high for second straight month

– Existing, single-family home sales totaled 410,800 in June on a seasonally adjusted annualized rate, up 0.4 percent from May and down 7.3 percent from June 2017.

– June’s statewide median home price was $602,760, up 0.3 percent from May and 8.5 percent from June 2017, hitting another peak.

– California condominiums/townhomes recorded a 7.0 percent price increase and a 7.1 percent sales decline from June 2017.

LOS ANGELES (July 23) – California’s median home price edged higher to another peak in June as year-over-year home sales lost steam for the second straight month.

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 410,800 units in June, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide annualized sales figure represents what would be the total number of homes sold during 2018 if sales maintained the June pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

June’s sales figure was up 0.4 percent from the revised 409,270 level in May and down 7.3 percent compared with home sales in June 2017 of 443,120. The year-over-year sales decline was the largest in nearly four years.

“California’s housing market underperformed again, despite an increase in active listings for the third straight month,” said C.A.R. President Steve White. “The lackluster spring homebuying season could be a sign of waning buyer interest as endlessly rising home prices and buyer fatigue adversely affected pent-up demand.”

For the second straight month, the statewide median home price hit another peak price at $602,760 in June. The June statewide median price was up 0.3 percent from $600,860 in May and up 8.5 percent from a revised $555,420 in June 2017. June marked the fifth consecutive month that prices increased by more than 8 percent annually, indicating that price appreciation remains robust and is not showing any signs of leveling off. The median price is now 1.4 percent higher than the pre-recession peak and has been growing on a year-over-year basis for more than six years.

“Although home prices increased year-over-year in virtually every region of the state in June, at the same time, nearly every county experienced a significant contraction in home sales from a year ago,” said C.A.R. Senior Vice President and Chief Economist Leslie Appleton-Young. “With the year-to-date sales tally now in negative territory, the back-to-back sales declines could be an early sign that the market is transitioning, especially since further rate increases are expected to hamper homebuyers’ affordability and put a cap on how much they are willing to pay for their new home.”

Other key points from C.A.R.’s June 2018 resale housing report include:

  • On a regionwide, non-seasonally adjusted basis, all regions recorded year-over-year sales declines. Sales in the Bay Area dipped 0.8 percent monthly and fell 8.2 percent annually. Sales in the Inland Empire slipped 1.2 percent from May and was down 14.5 percent from a year ago. Sales in the Los Angeles metro region edged up 0.9 percent from May but was down 12.4 percent annually.
  • The Bay Area Region, which previously led the state in home sales, registered significant year-to-year sales decreases in seven of nine Bay Area counties. Only Alameda and San Francisco counties recorded annual sales gains, while Contra Costa, Marin, Napa, San Mateo, Santa Clara, Solano, and Sonoma counties experienced annual sales declines.
  • The Central Valley Region experienced the smallest sales contraction with sales falling 6 percent on an annual basis. Only Merced County posted a year-over-year sales increase, rising 15.2 percent from a year ago. Five counties – including Glenn, Kings, Madera, San Benito, and San Joaquin – posted double-digit annual declines, while Fresno, Kern, Placer, Sacramento, Stanislaus, and Tulare recorded single-digit annual decreases.
  • The Southern California Region suffered the largest home sales drop, falling 11.7 percent from May. Every county within the region posted declines with all but Orange and San Diego counties experiencing a year-over-year, double-digit pullback. Even the Inland Empire, which had been buoyed by San Bernardino County for the past several months, experienced significant declines.
  • By price segments, sales in every price category under $1 million contracted but lower-priced homes registered the largest sales decline as homes priced below $300,000 fell 23.8 percent from a year ago. At the other end of the spectrum, sales of homes priced $1 million and above increased 7.2 percent from June 2017. The very top end of the market, in particular, continues to post double-digits gains with homes priced over $2 million rising year-over-year by more than 13 percent in June.
  • The Bay Area continued to register the strongest home price gains with the region as a whole recording a 16.1 percent annual increase. While Contra Costa, Solano, and Napa counties experienced single-digit price advancements, the remaining regions experienced an uptick of more than 10 percent. Despite being two of the state’s least affordable markets outside of San Francisco, San Mateo and Santa Clara counties led the pack in price gains.
  • Home price growth in Southern California was more tepid by comparison, increasing by mid- to high-single-digits. Prices in San Bernardino – the most affordable county in the region – had the largest growth rate, and prices throughout the rest of the region grew at a more modest rate ranging between 5.1 percent and 6.9 percent.
  • Statewide active listings improved for the third consecutive month, increasing 8.1 percent from the previous year. The year-over-year increase was slightly below that of last month, which was the largest since January 2015, when active listings jumped 11.0 percent.
  • As sales declined from a year ago, the unsold inventory index, which is a ratio of inventory over sales, increased on a year-over-year basis as well. The statewide unsold inventory index edged up to 3.0 months in June from 2.7 months in June 2017. The index measures the number of months it would take to sell the supply of homes on the market at the current sales rate.
  • The median number of days it took to sell a California single-family home remained low at 15 days in June, unchanged from 15 days in June 2017.
  • A.R.’s statewide sales price-to-list price ratio* was 100 percent in June, unchanged from June 2017.
  • The average statewide price per square foot** for an existing, single-family home statewide was $290 in June, up from $270 in June 2017.
  • The 30-year, fixed-mortgage interest rates averaged 4.57 percent in June, down from 4.59 percent in May and up from 3.90 percent in June 2017, according to Freddie Mac. The five-year, adjustable mortgage interest rate, however, edged higher in June to an average of 3.82 percent from 3.79 percent in May and from 3.14 percent in June 2017.

Article courtesy of California Association of Realtors, July 23, 2018

News This Week: Northern California Fires and Veraison

Posted on August 03, 2018 by michelle_magnus

EACH WEEK WE COLLECT TOP LOCAL NEWS AND RECENT REAL ESTATE STORIES HOT OFF THE PRESS FOR YOUR WEEKEND CLICKING PLEASURE.

Helping Fire Victims
Fires in Lake and Mendocino Counties have forced the evacuation of over 19,000 people. The road to recovery will be long for those affected—discover some ways to help. READ MORE

Signs of Harvest Are Here
Grapes changing color—known as veraison—is one early sign that harvest is approaching. Now that the colors are changing, vineyard managers are reporting that yields may be larger than they have been the last few years. READ MORE

Cannabis Related Leases Slow
This years legalization of recreational marijuana created a boom for commercial real estate that could accommodate cannabis based businesses. However, property owners are seeing a slow down in interest as regulations are implemented. READ MORE

California’s Must-Do Adventures
Summer is coming to an end and we all want to get away one last time. Check out this guide to some of California’s best outdoor destinations for inspiration.  READ MORE

*Featured image courtesy of 7×7.com