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Real Estate Agent - The Kelly Norman Team-Keller Williams Realty - BRE#: 0645724
O.K. folks--let's all take a deep breath and start the mantra, "Interest Rates are still at historic lows", repeat, "interest Rates are still at historic lows"--Then please click on this link to read research by Berkshire Hathaway on the effect, perceived by the consumer, of the Fed Interest rate...
Here in the "Wine Country" of the North Bay of San Francisco, affordability is hitting "Crisis" levels.  We are seeing business groups openly asking the question--"Where will are people buy?" In our area as in many counties of the Bay Area our home affordability crisis is matched by soaring renta...
Here in the greatest state of California and the world-class "wine-country" region of Northern California , our prices lead the nation and seem to be originating in a galaxy far, far away! Our chief economist of the California Assoc. of Realtors (CAR) gave her annual real estate prognostication f...
  I've been licensed since 1978 and have heard almost every Realtor "saying" (some would say BS!), euphemism, understatement and hyperbole which my years in the business would warrant! Today we are seeing new high tech and very “uber”-hip, trendy phrases entering the Realtor vernacular. We especi...
“So What can go wrong with our escrow?” Let me count the ways! ESCROW POTENTIAL DELAYS(My apologies for the formatting issues with this post--did not translate very well!) It is the wise client who prepares for problems before they happen! As a Realtor who has slogged through the real estate tren...
   So far the 2015 Sonoma County home selling and buying season has been a mixed bag. We have modest sales increases (+5% over last year at this time) but a median home price hitting a new post-recession high of $545,000-an increase of 58% over the past three years. However, we seem to be stuck a...
  Investors—Avoid BIG Capital Gains hits and GROW your equity—Recent equity gains can be built upon by using IRS 1031 Real Estate Exchanges-Part I   We are often asked by real estate investors if they should sell and take a capital gains hit (check with your tax professional on all matters regard...
Multiple offers? Sellers-How to avoid leaving thousands of $$$ on the table.  Due to our severely constrained inventory here in the “Wine Country” of Sonoma County, California, we are seeing multiple offers in the “hot” price points below our new median of $550,000. Not 10, 15 or 20  when the mar...
  Sonoma County selling and buying season here in the lovely "Wine Country" just an hour north of the "Gate" is flat with sales down 2% over last year but the bigger issue--Inventory! Usually March will signal the beginning of the "Selling" season by more homes coming onto the marketplace. March ...
Social Etiquette in Real Estate—“Would the Seller mind if I used the bathroom?”   This happened to me showing property one time. The Buyer’s teenage girl absolutely needed to use the bathroom. The buyer asked if this was o.k. and I said sure, go ahead. Remember that commercial where the "date" is...

Mike Kelly

"One of Sonoma County's Natural Resources"
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