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 244 Los Altos Place, American Canyon, CA 94503 (MLS # 21830943)
    23
    3 beds,  2 full baths
    1,085 sqft   lot 6,373 sqft
    Walk Score® 32
    Listing provided by Joe Brasil, Coldwell Banker B of V-Napa
    MLS 21830943
  2. Photo of 4230 Mount Taylor Drive, Santa Rosa, CA 95404 (MLS # 21830936)
    25
    3 beds,  2 full baths
    1,416 sqft   lot 11,000 sqft
    Walk Score® 33
    Listing provided by Lynn Lasner, Coldwell Banker Residential Brokerage
    MLS 21830936
  3. Photo of 275 Carlton Drive, Ukiah, CA 95482 (MLS # 21830530)
    8
    3 beds,  1 full bath
    1,050 sqft   lot 4,792 sqft
    Walk Score® 61
    Listing provided by Bruce Moroni, RE/MAX Full Spectrum
    MLS 21830530
  4. Photo of 2 Janet Way, Tiburon, CA 94920 (MLS # 21830935)
    22
    2 beds,  1 full bath
    993 sqft   lot 4,095 sqft
    Walk Score® 25
    Listing provided by Shana Rohde-Lynch, Compass
    MLS 21830935
  5. Photo of 555 Pierce Street, Albany, CA 94706 (MLS # 21830934)
    23
    2 beds,  2 full baths
    1,146 sqft  
    Walk Score® 66
    Listing provided by Jeffery Birkenseer, Coldwell Banker Residential Brokerage
    MLS 21830934
  6. Photo of 939 Foothill Drive, Windsor, CA 95492 (MLS # 21814849)
    24
    3 beds,  2 full baths
    1,100 sqft   lot 4,792 sqft
    Walk Score® 30
    Listing provided by Jacqueline Nordquist, Keller Williams Realty
    MLS 21814849
  7. 4 beds,  2 full baths
    1,786 sqft   lot 10,842 sqft
    Walk Score® 74
    Listing provided by Karen Bond, McGahey Real Estate Team Judy Davis Broker
    MLS 21830918
  8. Photo of 1568 John Place, Yuba City, CA 95993 (MLS # 21829432)
    4
    3 beds,  2 full baths
    1,570 sqft   lot 8,712 sqft
    Walk Score® 12
    Listing provided by Jill Nalbach-Heller, Dean Adams Residential Real Estate
    MLS 21829432
  9. Photo of 235 Summerfield Drive, Bay Point, CA 94565 (MLS # 21825841)
    9
    4 beds,  2 full, 1 half baths
    1,529 sqft   lot 3,864 sqft
    Walk Score® 36
    Listing provided by Ramil Quintero, CORE Vision Realty, Inc
    MLS 21825841
  10. Photo of 9585 Argonne Way, Forestville, CA 95436 (MLS # 21830822)
    38
    2 beds,  1 full bath
    884 sqft   lot 3,698 sqft
    Walk Score® 1
    Listing provided by Anthony Humphrey, O Connell Properties
    MLS 21830822
  11. Photo of 725 Springs Road, Vallejo, CA 94590 (MLS # 21830927)
    3
    3 beds,  2 full baths
    1,533 sqft   lot 11,748 sqft
    Walk Score® 77
    Listing provided by Lisa C. Perry, Coldwell Banker Res. Broker
    MLS 21830927
  12. Photo of 24451 Sherwood Road, Willits, CA 95490 (MLS # 21830926)
    35
    4 beds,  3 full baths
    2,694 sqft   lot 1.23 ac
    Walk Score® 2
    Listing provided by Laura Rahmil, Faira.com Corp
    MLS 21830926
  13. Photo of 400 Havenwood Court, Vacaville, CA 95687 (MLS # 21830772)
    39
    4 beds,  2 full baths
    1,643 sqft   lot 6,721 sqft
    Walk Score® 17
    Listing provided by Christina Meek, Rapisarda Real Estate
    MLS 21830772
  14. Photo of 1672 Amapola Street, Vacaville, CA 95687 (MLS # 21830187)
    39
    3 beds,  2 full baths
    1,240 sqft   lot 10,454 sqft
    Walk Score® 46
    Listing provided by Vickie Stone, Chandler Properties
    MLS 21830187
  15. Photo of 217 Belhaven Circle, Santa Rosa, CA 95409 (MLS # 21830925)
    13
    2 beds,  2 full baths
    1,211 sqft   lot 5,998 sqft
    Walk Score® 12
    Listing provided by Bosten Larson, RE/MAX Full Spectrum
    MLS 21830925
  16. Photo of 17480 Meadow View Drive, Hidden Valley Lake, CA 95467 (MLS # 21830924)
    25
    6 beds,  4 full, 1 half baths
    3,603 sqft   lot 10,019 sqft
    Walk Score® 1
    Listing provided by Jonathan Minerick, HomeCoin.com
    MLS 21830924
  17. Photo of 1916 Winchester Lane, Petaluma, CA 94954 (MLS # 21830640)
    30
    4 beds,  3 full baths
    2,140 sqft   lot 5,075 sqft
    Walk Score® 45
    Listing provided by Peg King, Coldwell Banker Residential Brokerage
    MLS 21830640
  18. 4 beds,  3 full baths
    1,514 sqft   lot 5,898 sqft
    Walk Score® 59
    Listing provided by Timo Rivetti, Keller Williams Realty
    MLS 21830814
  19. Photo of 89 Brianne Circle, Windsor, CA 95492 (MLS # 21830921)
    32
    3 beds,  2 full, 1 half baths
    1,826 sqft   lot 5,998 sqft
    Walk Score® 34
    Listing provided by Sylvia Campa, Vanguard Properties
    MLS 21830921
  20. 3 beds,  2 full, 1 half baths
    1,593 sqft  
    Walk Score® 34
    Listing provided by Patricia Guido, City Ventures Construction, Inc
    MLS 21830920
  21. Photo of 548 Sutter Street, Petaluma, CA 94954 (MLS # 21830916)
    8
    3 beds,  2 full baths
    1,502 sqft   lot 5,998 sqft
    Walk Score® 44
    Listing provided by Charlene Pasion, CENTURY 21 Bundesen
    MLS 21830916
  22. Photo of 1120 Tocia Avenue, Vacaville, CA 95688 (MLS # 21830893)
    30
    3 beds,  2 full, 1 half baths
    1,557 sqft   lot 4,103 sqft
    Walk Score® 54
    Listing provided by Dawn French, Rapisarda Real Estate
    MLS 21830893
  23. Photo of 15190 Armstrong Woods Road, Guerneville, CA 95446 (MLS # 21830892)
    20
    3 beds,  2 full, 1 half baths
    2,170 sqft   lot 31,363 sqft
    Walk Score® 4
    Listing provided by Douglas Bohling, Artisan Sotheby's Int'l Realty
    MLS 21830892
  24. Photo of 1365 Denlyn Street, Novato, CA 94947 (MLS # 21830911)
    29
    3 beds,  2 full baths
    1,132 sqft   lot 7,701 sqft
    Walk Score® 38
    Listing provided by Kevin McGinnis, Golden Gate Sotheby's International Realty
    MLS 21830911
  25. Photo of 22 Baldwin Street, Vallejo, CA 94590 (MLS # 21828499)
    13
    3 beds,  1 full bath
    988 sqft   lot 436 sqft
    Walk Score® 56
    Listing provided by Kevin Ortega, Preferred Coast Realty
    MLS 21828499
  26. Photo of 1844 Seal Way, Discovery Bay, CA 94505 (MLS # 21830891)
    42
    4 beds,  3 full, 1 half baths
    3,167 sqft   lot 7,200 sqft
    Walk Score® 26
    Listing provided by Pa Pa Correa, Keenan Howard Realty, Inc.
    MLS 21830891
  27. Photo of 24228 Lilac Road, Willits, CA 95490 (MLS # 21830798)
    24
    3 beds,  2 full, 1 half baths
    1,887 sqft   lot 21,780 sqft
    Walk Score® 0
    Listing provided by Tara Moratti, Coldwell Banker Mendo Realty
    MLS 21830798
  28. Photo of 1108 Pinewood Drive, Napa, CA 94558 (MLS # 21830887)
    41
    4 beds,  3 full baths
    2,142 sqft   lot 26,789 sqft
    Walk Score® 16
    Listing provided by Rob Remboldt, Keller Williams Napa Valley
    MLS 21830887
  29. Photo of 12 Pueblo Drive, San Rafael, CA 94903 (MLS # 21830867)
    17
    4 beds,  2 full, 1 half baths
    1,616 sqft   lot 1,891 sqft
    Walk Score® 35
    Listing provided by Janelle Fazackerley, Front Porch Realty Group
    MLS 21830867
  30. 3 beds,  2 full baths
    1,301 sqft   lot 2,633 sqft
    Walk Score® 18
    Listing provided by Logan Adams, Coldwell Banker Residential Brokerage
    MLS 21830913
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