Luxury Homes Wine Country by Kathy Luebcke
Kathy Luebcke
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Napa Readers find Sweet Real Estate Reports

8-21-readerNapa's real estate picture usually differs little from that of the nation as a whole. The latest rumblings from the mass media and web continue to bolster the picture of rising values and quickening activity—a sweet story with nary a sour note. In fact the unanimity of voices from almost every corner of the country is a story in itself. There was just one exception.

Some samplings Napa readers would have found in the past week’s real estate news and opinion—

  • From the Associated Press, we learned that “prices are soaring” in some cities, and that they rose in all 20 cities polled. The pace of existing home sales rose to the “fastest pace since February 2007.”—roughly what might be expected in a healthy housing market. The AP attributed at least some of the reason for the real estate price rises to widespread predictions that the Federal Reserve may start raising short-term interests rates sooner rather than later.
  • From Dan Green’s Mortgage Reports, the home value increase was illustrated in a multi-colored chart, which showed sample cities’ rises at anywhere from 1%-11%—with most clumped between the 4%-6% lines. Freddie Mac was quoted as pegging the average 30-year mortgage rate at below 4%, with VA and FHA mortgage rates even lower. Their opinion was straightforward: “It’s an inexpensive time to finance a home.” Since historically “mortgage rates average nearer to 8:25%,” that opinion is hardly a stretch!
  • Headlines from CoreLogic’s latest Home Price Index Report were “Home Prices Rose by 6.5% Year Over in June 2015” and “HPI Forecast Projects 4.5%” rise for the coming 12 months. CoreLogic’s nationwide real estate numbers are among the most reliable—whereas some of the government numbers sometimes have to admit regular later revisions, it’s not usually the case for them.
  • Surprisingly, town observers would have had to go to the National Association of Realtors® site to find what at first sounded like the only sour note to be heard—yet it, too, had a sweet finish. “Pending Home Sales Dip in June” headed the last week’s news release. You had to read the fine print to learn that the pending sales were 8.2% higher than a year before, and that although they dipped slightly from May’s number, they were still the third highest reading in 2015…and marked the tenth consecutive monthly year-over-year increase!

Strengthening real estate prices have continued to bolster a solid summer selling season. If you are interested in exploring the Napa market as a prospective buyer (or as a seller), the climate continues to be inviting. Good reason to give me a call!


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  1. Photo of 5210 Palladio Way, Fairfield, CA 94534 (MLS # 21821659)
    34
    4 beds,  2 full, 1 half baths
    2,264 sqft   lot 3,968 sqft
    Listing provided by Carrie Foley, RE/MAX Gold Elite
    MLS 21821659
  2. Photo of 1024 5th Street, Vallejo, CA 94590 (MLS # 21821688)
    12
    2 beds,  1 full bath
    820 sqft   lot 5,663 sqft
    Walk Score® 31
    Listing provided by ELLEN LYNCH, BHG RE RELIANCE PARTNERS
    MLS 21821688
  3. Photo of 125 Sunset Circle, Benicia, CA 94510 (MLS # 21821174)
    16
    3 beds,  1 full, 1 half baths
    1,197 sqft   lot 436 sqft
    Walk Score® 34
    Listing provided by Doratriz Padilla, Berkshire Hathaway HomeServices DrysdaleProperties
    MLS 21821174
  4. Photo of 36874 Mariners Drive, The Sea Ranch, CA 95497 (MLS # 21726530)
    23
    3 beds,  2 full, 1 half baths
    2,771 sqft   lot 27,878 sqft
    Walk Score® 0
    Listing provided by O'Connell & Wilson, Coldwell Banker Coastal Properties
    MLS 21726530
  5. Photo of 210 Carolyn Drive, American Canyon, CA 94503 (MLS # 21821633)
    14
    3 beds,  1 full bath
    1,072 sqft   lot 5,536 sqft
    Walk Score® 36
    Listing provided by Octavio Maravilla, 3Tree Realty, Inc
    MLS 21821633
  6. Photo of 2836 Park View Drive, Lakeport, CA 95453 (MLS # 21821435)
    32
    2 beds,  2 full baths
    1,039 sqft   lot 1.02 ac
    Walk Score® 7
    Listing provided by Theresa Lyndall, RE/MAX Full Spectrum
    MLS 21821435
  7. Photo of 1163 Whitehall Way, Vacaville, CA 95687 (MLS # 21821583)
    14
    3 beds,  2 full baths
    1,300 sqft   lot 5,663 sqft
    Walk Score® 40
    Listing provided by Lynn Farris, Windermere Hulsey & Associates
    MLS 21821583
  8. Photo of 12620 Jayhawk Court, CA 95946 (MLS # 21821676)
    26
    3 beds,  2 full baths
    1,532 sqft   lot 13,939 sqft
    Walk Score® 2
    Listing provided by Edith Heaney, INTERO REAL ESTATE SERVICES
    MLS 21821676
  9. Photo of 1441 Spruce Street, Napa, CA 94559 (MLS # 21813760)
    32
    4 beds,  3 full baths
    2,132 sqft   lot 7,314 sqft
    Walk Score® 55
    Listing provided by Simone, Samson, Ray Team, Golden Gate Sotheby's International Realty
    MLS 21813760
  10. Photo of 6302 Pebble Beach Drive, Vallejo, CA 94591 (MLS # 21821614)
    50
    4 beds,  3 full baths
    2,417 sqft   lot 7,488 sqft
    Walk Score® 15
    Listing provided by Ryan Preston, Coldwell Banker Kappel Gateway Realty
    MLS 21821614
  11. Photo of 2336 Lomitas Avenue, Santa Rosa, CA 95404 (MLS # 21821595)
    21
    2 beds,  1 full bath
    1,058 sqft   lot 5,663 sqft
    Walk Score® 64
    Listing provided by Michelle Romero, Coldwell Banker Residential Brokerage
    MLS 21821595
  12. Photo of 42 Larkfield Maples Court, Santa Rosa, CA 95403 (MLS # 21821428)
    15
    2 beds,  1 full bath
    840 sqft   lot 1,742 sqft
    Walk Score® 50
    Listing provided by Anne Webb, BHHS Drysdale Properties
    MLS 21821428
  13. Photo of 105 Ascot Court, Moraga, CA 94556 (MLS # 21811558)
    33
    2 beds,  2 full, 1 half baths
    1,191 sqft   lot 601 sqft
    Walk Score® 15
    Listing provided by David Brokman, RE/MAX Gold
    MLS 21811558
  14. Photo of 7394 North Meridian Road, Vacaville, CA 95688 (MLS # 21818052)
    5
    3 beds,  2 full baths
    1,454 sqft   lot 4.98 ac
    Walk Score® 0
    Listing provided by Elizabeth Fry, Intero Real Estate Services
    MLS 21818052
  15. Photo of 1013 Humphrey Drive, Suisun City, CA 94585 (MLS # 21821169)
    2
    4 beds,  2 full, 1 half baths
    1,820 sqft   lot 6,098 sqft
    Walk Score® 25
    Listing provided by Nimer Musleh, Real Estate IQ
    MLS 21821169
  16. Photo of 2 Lawley Lane, Calistoga, CA 94515 (MLS # 21821587)
    25
    3 beds,  3 full, 1 half baths
    2,500 sqft   lot 10,019 sqft
    Walk Score® 6
    Listing provided by Joshua Dempsey, Coldwell Banker BofV ST Helena
    MLS 21821587
  17. Photo of 1156 Fifth Street, Lakeport, CA 95453 (MLS # 21821603)
    15
    3 beds,  2 full baths
    1,231 sqft   lot 5,974 sqft
    Walk Score® 53
    Listing provided by Lorena Solano, Wright Realty
    MLS 21821603
  18. 3 beds,  2 full baths
    1,246 sqft   lot 12,240 sqft
    Walk Score® 42
    Listing provided by Rene Caro, Aristata Real Estate
    MLS 21821671
  19. Photo of 457 Canyon Creek Drive, American Canyon, CA 94503 (MLS # 21821673)
    26
    3 beds,  2 full, 1 half baths
    1,728 sqft   lot 4,378 sqft
    Walk Score® 17
    Listing provided by Elizabeth Terrazas, American Home Real Estate
    MLS 21821673
  20. Photo of 323 I Street, Petaluma, CA 94952 (MLS # 21821609)
    28
    2 beds,  1 full bath
    1,001 sqft   lot 5,001 sqft
    Walk Score® 83
    Listing provided by Tony Lander, CENTURY 21 Bundesen
    MLS 21821609
  21. Photo of 135 Port Road, Point Arena, CA 95468 (MLS # 21821651)
    23
    3 beds,  2 full baths
    lot 15,246 sqft
    Walk Score® 41
    Listing provided by Andrew Jones, Cypress Properties
    MLS 21821651
  22. Photo of 28 Via La Brisa Drive, Larkspur, CA 94939 (MLS # 21821654)
    42
    3 beds,  2 full, 1 half baths
    2,200 sqft   lot 7,828 sqft
    Walk Score® 50
    Listing provided by John Davis, Coldwell Banker Residential Brokerage
    MLS 21821654
  23. Photo of 5952 Mark West Lane, Santa Rosa, CA 95404 (MLS # 21821568)
    20
    4 beds,  2 full, 1 half baths
    3,007 sqft   lot 1.49 ac
    Walk Score® 7
    Listing provided by Todd Schapmire, W Real Estate
    MLS 21821568
  24. Photo of 7045 Eider Way, Sacramento, CA 95831 (MLS # 21821668)
    36
    3 beds,  1 full, 1 half baths
    Walk Score® 28
    Listing provided by Renee' Catricala, Keller Williams Realty
    MLS 21821668
  25. Photo of 3291 9th Street, Clearlake, CA 95422 (MLS # 21813049)
    22
    2 beds,  1 full, 1 half baths
    988 sqft   lot 4,992 sqft
    Walk Score® 25
    Listing provided by Martin Levy, Century 21 North Bay Alliance
    MLS 21813049
  26. Photo of 7 Corte Los Sombras, Greenbrae, CA 94904 (MLS # 21821658)
    23
    3 beds,  3 full, 1 half baths
    1,832 sqft   lot 10,001 sqft
    Walk Score® 42
    Listing provided by Susan Simone, Coldwell Banker Residential Brokerage
    MLS 21821658
  27. Photo of 5283 Vista Grande Drive, Santa Rosa, CA 95403 (MLS # 21819627)
    26
    4 beds,  3 full, 1 half baths
    2,555 sqft   lot 1.17 ac
    Walk Score® 1
    Listing provided by Janet Dudley, Coldwell Banker Residential Brokerage
    MLS 21819627
  28. Photo of Fort Bragg, CA 95437 (MLS # 21821670)
    20
    3 beds,  1 full bath
    1,950 sqft   lot 6.78 ac
    Walk Score® 1
    Listing provided by Rio MacGregor, Pamela Hudson Real Estate
    MLS 21821670
  29. Photo of 133 Shortt Road, Santa Rosa, CA 95404 (MLS # 21821669)
    28
    3 beds,  2 full, 1 half baths
    2,390 sqft   lot 23,087 sqft
    Walk Score® 53
    Listing provided by Christina Martinez, Sterling California Properties
    MLS 21821669
  30. Photo of 18805 North Shore Drive, Hidden Valley Lake, CA 95467 (MLS # 21816394)
    46
    3 beds,  3 full, 1 half baths
    2,682 sqft   lot 12,441 sqft
    Walk Score® 7
    Listing provided by Jen Mullin, Century 21 North Bay Alliance
    MLS 21816394
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