Below is an article from C.A.R. Market Matters about when they think the market will be considered “corrected”. My prediction is it will be by mid 2014. This is when banks have sold the vast majority of their foreclosed inventory and many of the short sales will be a thing of the past. Granted there […]
Think we are out of the real estate mess, think again; 1 in 5 still underwater
If I can help you find the perfect Napa Valley property, please email me Curtis@NapaValleyAddress.com Nearly one out of five homeowners underwater Close to 18% of U.S. homeowners who are current on their mortgage payments are classified as underwater, setting the stage for additional defaults if home prices fall deeper, Lender Processing Services (LPS) said […]
Case-Shiller national home price index up 6.9% from first to second quarter 2012
Home prices signal recovery may be here Even though I don’t like the S&P/Case-Shiller stats very much due to the fact their data is two months behind, it is very accurate. Even so, their home index is widely viewed by many and quoted in almost every news media today. The S&P/Case-Shiller national home price index, […]
Robin Williams Napa Valley home for sale, asking price $35,000,000
I can help you find the perfect Napa Valley property, please email me a Curtis@NapaValleyAddress.com Robin Williams has put his Napa Valley home named Villa Sorriso on the market, sorriso is the Italian word meaning to smile. The asking price, $35,000,000. The estate is on a 653-acre Napa Valley hillside in the Mayacamas mountains off Wall Road. […]
Citi to allow distressed homeowners to rent back home if they sign over deed
Citi launches rental effort for distressed borrowers Citigroup is starting a program to allow 500 homeowners in trouble with their mortgages to rent back their homes if they sign over the deed, a step some lenders are taking to help people avoid foreclosure. The homeowners, who live in Arizona, California, Texas, Florida, Nevada and […]
Have You Ever Wondered What the Value of Vineyard Lands Are in the Napa Valley or Other Areas of California?
Living in the Napa Valley and selling real estate here, the value per acre for vineyard land is a constant topic brought up. When I first started selling real estate here, and I am really dating myself, the first prices I can remember were around $40,000 per acre for vineyards which were consider good to very good in quality and $60,000 […]
Great Real Estate Values in the Napa Valley
Hi I am going to start a new periodic series called “Great Real Estate Values in the Napa Valley”. The first one is a property located between Angwin and Deer Park at 1400 Deer Park Road. It is approximately 3 miles up the hill from the blinking light intersection of Silverado Trail and Deer Park Road. The feature that […]
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