As you can see from the chart below, property for sale here in the Napa Valley is a year to date low and nearly at a two year low. Only November and December of 2010 were lower. This is a signal for buyers who are waiting for lower prices to consider buying now. Of the […]
Nearly 27% of All Home Mortgage Loan Applications Were Denied in 2010
A The Wall Street Journal article a few days ago reported that 26.7 percent of all home mortgage applications were denied in 2010 by the 10 largest mortgage lenders. I have heard constant stories about how difficult it is to get a home loan but this is the first hard number I have seen on how […]
Vacation and Investment Home Percentage Stay Steady for 2010 Compared to 2009
According to NAR’s (National Association of Realtors) newly released Survey, the percentage of vacation homes and properties purchased for investment stayed the same for 2010 compared to the same Survey taken for 2009. You can read the full story here: Vacation- and Investment-Home Shares Hold Even in 2010 Here are some excerpts from the story: […]
Napa Valley Cities of St. Helena, Calistoga and Town of Yountville Are Shrinking in Size and Have Higher Vacancy Rates According to 2010 Census Data
The newly released 2010 Census statistics shows the upper Napa Valley Cities and Town of Yountville are slowly becoming smaller. Though this is true for St. Helena and Calistoga, Yountville’s number is a bit misleading for the Census does count the members of The Veteran’s Home here in its statistics and its population is approximately 1,000 […]
Napa County 2010 Increase in Property Value Assessments the Smallest Margin of Growth at Just .58%
Napa County cities see smallest of gain in 2010 in year over year increase in assessed values for all properties here, just .058%. Here is a list of how several different cities/areas fared: Napa City -.80% Unicorporrated areas of Napa County +.47% American Canyon +2.27% Calistoga -3.82% St. Helena -.27% Yountville +.84% Here some excerpts […]
Napa County Foreclosures Decline in Fourth Quarter 2010 by 31.9% Compared to a Year Ago
According to a recent article, Napa County foreclosure activity decline,in the Napa Register, our local newspaper, foreclosures here in the Napa Valley decline by 31.9% when comparing fourth quarter 2010 to the same period in 2009. Here are some excerpts and highlights from that article: The number of Napa County homes in foreclosure dropped during the fourth […]
2010 Census Results for Napa Valley Cities Just Released
Here are some excerpts from two recent articles in the Napa Valley Register by James Noonan, Census: Calistoga lost 35 residents in decade and Unincorporated Napa Valley population drops 6 percent: The first local numbers from the 2010 federal census are in, and Calistoga, along with St. Helena, showed a decline in population of 35 and 136 respectively. The […]
