home sellers: 10 Years Later! declining sales, inventory, choice, affordability. - 06/01/17 09:15 PM
Here we are nearing the end of the 2nd quarter and our sales SUCK! That's a Realtor term. We cannot get any lift off for this season. Sure we're in the midst of a super hot, multiple offer market with all price points feeling the squeeze and getting the action. BUT--sales are declining. Our once vaunted double digit increases to our median home price are now in the 7% range. And that's with tremendous activity in the $1,000,000+ range. Here's a "10 Years Later" graph which shows how our inventory has diminished.
A very big decline. Here's a 2 year look at … (1 comments)

home sellers: Part II--NOW is the TIME to be moving UP! OR Down! - 11/07/16 09:49 AM
Part II—Now is the time to move on up or empty that Nest!
You’ve thought of adding on or remodeling? Have you priced a remodel or room addition and are stunned at the cost? You think to yourself, “Man, for a few dollars more I could move and get a much bigger more modern home.” And if you did add-on would you be over the market for your neighborhood? Being the biggest house on the block is never a good idea unless all the other homes are equal size. But maybe you can’t add-on due to lot size, neighborhood restrictions … (0 comments)

home sellers: RENTERS? Financial Reasons to Buy Real Estate - 10/16/16 08:20 AM
Housing is one of the BEST leveraged investment available---What is leverage? Ever heard of the term “other’s people’s money”? It’s what every investor strives for—low risk and exposure with the promise of higher rates of return. In today’s market homeowners can get into a home with as little as 3-5% down. The less money or “skin in the game” you have when purchasing any investment is considered leverage. The less money in the higher the leverage and the greater the possible return. We had many clients who purchased homes or rentals during the great recession during our “bottom” which occurred in … (0 comments)

 
Mike Kelly,CRS,CIPS, "One of Sonoma County's Natural Resources" (The MJKelly Team)

Mike Kelly,CRS,CIPS

"One of Sonoma County's Natural Resources"

Santa Rosa, CA

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The MJKelly Team

Address: 120 Stony Pont Road, Ste 140, Santa Rosa, ca, 95404

Office: (707) 322-8503

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