Posted: Saturday, January 9, 2010
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Wow.. had a tough day in the Sonoma County Real Estate Market today. 4 offers rejected and two of the offers were conforming loans. Two of the offers were a little low ball and didnt have much faith in.. but the other 2 I thought were solid. Back to the drawing board. 2 of the clients have just started looking after waiting and watching for a while so like all my buyers they need to test the waters. Even after a 40-50% Sonoma County Home Value decline some home buyers start off wanting to offer less when the range they are buying in has stiff competion.
On the flip side I had one of my short sale listing with offer accepted and now we wait. : )
Search the Sonoma County MLS here
FYI Some search terms I'm seeing in my RE Web stats have to do with credit repair.. start optimizing for the inevitable.