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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It is a unique & private oasis in the middle of S. F.O.surrounded by green on three sides...at the end of two little dead end streets! It has big bay...
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Improved Price: Entry level buyer with a great opportunity. New carpet, paint, appliances and more. One onsite covered parking #3. Conveniently located across from Marin Civic Center. Shopping, dining and...
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Over 1/2 acre lot with a single level 3 bedroom 2 bath home. Three car garage plus plenty of additional parking for RV or boat. Secluded location up a driveway...
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Lovely, very well maintained property on almost 1 level acre. This 3 bedroom/1 bath home has a bright and wonderful layout. Solar panels, new furnace and ducting, and a on-demand...
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Located in Trilogy, a gated community for 55 +, easy and care free living in a resort setting with affordable solar awaits you. Low maintenance porcelain tile,found through out the...
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Referred to as ...a place to take off your 'slippas', contemplate life, and find something to laugh about. Conceived and constructed in 2000 with the spirit of Aloha. Split level...
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By far the best opportunity in Napa. 2000+sf home, barn, shop, and guest studio. Property is just over an acre and only minutes from downtown! This AMAZING home offers an...
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A very clean and move in ready home on the westside of Ukiah. Walk to town. Central heat and A/C. Maple floors in LR, bedrooms. New maple cabinets, fresh paint,...
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Super nice upgraded home with dual pane windows newer heat and air, amazing covered RV parking at side yard. nice size yards . The living area is a wide open...
  • 3 Beds
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Super cute cottage style home. Located in N. Lakeport ,near schools & one block from beach assoc. w/lake access for swimming & fishing. This charming single level 2BD/1BA 1140 sqf....
  • 2 Beds
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With the original hardwood floors looking as good as they did the day the home was built, you can see the care the owners took. The floorplan flows seamlessly from...
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Stunning 4 bed/3bath Rincon Valley Home located in a cul-de-sac in a quiet neighborhood on a large lot! Full bed/bath on main level. This beautiful home has SMART technology with...
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This warm and charming Lake Park home is 5 minutes drive from Downtown Napa, not far off from some of the best wineries, and is located in a great family...
  • 4 Beds
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This home shows true pride in ownership and has been well maintained. Plus highly energy efficient. 2016-new windows, 2017-new oversized HVAC, 2018-New Duct work in the attic, plus Solar and...
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Nielsen Ranch stunner with amazing views, flooded with sunlight, privacy & a bonus room/full bathroom on the 1st level - great for guests or office. This hillside beauty sits on...
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Spacious 3br/2,5 bath townhome. Custom cabinets, granite counters throughout. Breakfast bar. Natural stone flooring. Stainless appliances. Large master suite.
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Beautiful 2,859 sq. ft., 4 bedroom, 3 bath home on a 1+ acre lot in Montecito Heights. Lots of space upstairs with a separate studio downstairs for possible income potential....
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Would you enjoy living on a low traffic street, just a short distance from eateries and convieniently located next to grocery shops and to the bay? This home is nestled...
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Reduced to Sell Now! Wonderful trilevel home offers recently upgraded kitchen, with new Quartz counter top, new appliances, new hardwood floors throughout, new gas fireplace with electronic remote in family...
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Gorgeous 3 Bed 2 full bath home near shopping mall! Remodeled kitchen w/ matching stainless steel appliances, quartz counter-tops & new cabinets. Home boasts several upgrades including waterproof/scratch resistant flooring,...
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Beautiful home and shop on over 2 acres. Updated studio home attached to approx 1200 sq ft of shop/garage space. Small workshop and bathroom just off of the shop. Newer...
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This large home is nicely nestled up against the hillside in the highly sought after Grace Tract neighborhood and boasts many special touches... hand painted murals, 5 bedrooms & 6...
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Bring your tool belt...This is a great opportunity to own two houses on one double size lot. (9148 sq Ft) Large house is 1600 sq. ft 3 bd 1 bath....
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Great opportunity to purchase your own lower level, end unit condo located in the desirable Walnut Glen Community close to all amenities the City has to offer! Brand new carpet,...
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Sprawling single story in desirable Wood Creek Estates! 4 spacious bedrooms 2.5 bathrooms. Two separate family rooms plus formal dining area.Newer Hvac system, garage door,carpet windows & fence. Entertainers backyard...
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Gorgeous open concept home boasts 4 bedrooms, 3 baths. Vaulted ceilings help maintain the elegance and feel of a warm cozy home while allowing space for home owners to enjoy....
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Amazing opportunity in North Village! Spacious home, over 3,800 sq. ft. on a 1/4 lot. Features 5 bedrooms, 3 full bathrooms, and 2 lofts. Formal living room and dining room....
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This condo is located in the beautiful Marina Faire. It is has style and taste with beautiful upgrades throughout. featuring laminated floors, title and carpet. The interior has new paint...
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Hilltop Country Living. Peaceful Private Expansive views. Chefs kitchen, granite, island, farmhouse sink, Wolf range, Sub-Zero fridge & wine. Hardwood floors, Wood stove & Fireplace. Master on main floor. Two...
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TURN-KEY home, in one of Dixon's highly sought-after neighborhoods. Curb appeal is only the beginning of this great property. This 3-bedroom, 2-bath 1,745Sqft Single story beauty, includes: Updated Kitchen w/Granite...
  • 3 Beds
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