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 1309 Potrero Circle, Suisun City, CA 94585 (MLS # 21809775)
    29
    3 beds,  2 full baths
    1,564 sqft   lot 6,020 sqft
    Walk Score® 18
    Listing provided by Christine Beck, Coldwell Banker Kappel Gateway Realty
    MLS 21809775
  2. Photo of 3247 Glen Abbey Drive, Fairfield, CA 94534 (MLS # 21809619)
    17
    3 beds,  2 full baths
    2,026 sqft   lot 5,620 sqft
    Walk Score® 2
    Listing provided by Bonnie Falk, Coldwell Banker Kappel Gateway Realty
    MLS 21809619
  3. Photo of 2075 South Terrace Drive, Napa, CA 94559 (MLS # 21809043)
    28
    2 beds,  1 full bath
    878 sqft   lot 5,636 sqft
    Walk Score® 60
    Listing provided by Marie Hoch, Coldwell Banker Residential Brokerage
    MLS 21809043
  4. Photo of 4 Manchester Lane, Fairfield, CA 94533 (MLS # 21809763)
    39
    3 beds,  2 full, 1 half baths
    1,432 sqft   lot 1,394 sqft
    Walk Score® 5
    Listing provided by Pam Sigel, Coldwell Banker Kappel Gateway Realty
    MLS 21809763
  5. Photo of 509 6th Street, Rodeo, CA 94572 (MLS # 21809570)
    2
    2 beds,  1 full bath
    836 sqft   lot 3,075 sqft
    Walk Score® 71
    Listing provided by Delaina Roland, Coldwell Banker Solano Pacific
    MLS 21809570
  6. Photo of 7281 Saroni Drive, Oakland, CA 94611 (MLS # 21809723)
    15
    3 beds,  2 full, 1 half baths
    2,084 sqft   lot 9,300 sqft
    Walk Score® 10
    Listing provided by Milana Ostroy, Pacific Union International
    MLS 21809723
  7. Photo of 3009 Burnette Street, Vallejo, CA 94591 (MLS # 21809761)
    21
    4 beds,  1 full, 1 half baths
    1,180 sqft   lot 5,663 sqft
    Walk Score® 51
    Listing provided by Silvia Gomez, RE/MAX Gold Elite
    MLS 21809761
  8. Photo of 2335 Fairview Place, Fairfield, CA 94534 (MLS # 21809771)
    46
    6 beds,  4 full, 1 half baths
    4,477 sqft   lot 9,836 sqft
    Walk Score® 5
    Listing provided by Timothy Kruse, Green Fields Real Estate Services
    MLS 21809771
  9. Photo of 1014 Samuel Drive, Petaluma, CA 94952 (MLS # 21809579)
    32
    5 beds,  3 full, 1 half baths
    3,574 sqft   lot 15,682 sqft
    Walk Score® 5
    Listing provided by Timo Rivetti, Keller Williams Realty
    MLS 21809579
  10. Photo of 5199 Birch Tree Lane, Vacaville, CA 95688 (MLS # 21809648)
    50
    5 beds,  2 full baths
    2,346 sqft   lot 25.58 ac
    Walk Score® 0
    Listing provided by Edwin Legaspi, KW Vaca Valley
    MLS 21809648
  11. Photo of 2007 Plum Tree Way, Fairfield, CA 94533 (MLS # 21809628)
    8
    3 beds,  1 full bath
    933 sqft   lot 7,405 sqft
    Walk Score® 50
    Listing provided by Edwin Alvarado, Coldwell Banker Residential Brokerage
    MLS 21809628
  12. 5 beds,  3 full baths
    2,455 sqft  
    Walk Score® 16
    Listing provided by Michelle Mills, Coldwell Banker Solano Pacific
    MLS 21809683
  13. Photo of 531 Galway Court, Vacaville, CA 95688 (MLS # 21809454)
    4
    4 beds,  2 full, 1 half baths
    1,796 sqft   lot 8,821 sqft
    Walk Score® 16
    Listing provided by Katharine Salling, RE/MAX Gold
    MLS 21809454
  14. Photo of 500 Maria Drive, Petaluma, CA 94954 (MLS # 21807171)
    38
    3 beds,  2 full baths
    1,488 sqft   lot 8,002 sqft
    Walk Score® 51
    Listing provided by Jeff Simpson, Coldwell Banker Residential Brokerage
    MLS 21807171
  15. Photo of 28 Lochness Lane, San Rafael, CA 94901 (MLS # 21809769)
    48
    4 beds,  3 full baths
    3,372 sqft   lot 17,324 sqft
    Walk Score® 13
    Listing provided by Rachel Percival, Vanguard Properties
    MLS 21809769
  16. Photo of 601 Charles Way, Suisun City, CA 94585 (MLS # 21809052)
    31
    Open House
    3 beds,  2 full baths
    1,316 sqft   lot 5,227 sqft
    Walk Score® 27
    Listing provided by Cynthia Black, Coldwell Banker Kappel Gateway Realty
    MLS 21809052
  17. Photo of 210 Farrell Drive, Forestville, CA 95436 (MLS # 21809767)
    8
    2 beds,  1 full bath
    715 sqft   lot 70 sqft
    Walk Score® 4
    Listing provided by Brook Terhune, Front Porch Realty Group
    MLS 21809767
  18. Photo of 225 Military, Benicia, CA 94510 (MLS # 21809522)
    20
    5 beds,  3 full baths
    2,085 sqft   lot 6,098 sqft
    Walk Score® 22
    Listing provided by Tiffany Costanzo, Sorelle Properties, Inc.
    MLS 21809522
  19. Photo of 514 Trumpeter Drive, Suisun City, CA 94585 (MLS # 21803557)
    21
    4 beds,  2 full, 1 half baths
    1,890 sqft   lot 5,663 sqft
    Walk Score® 49
    Listing provided by Gina Jiron-Rosa, Coldwell Banker Kappel Gateway Realty
    MLS 21803557
  20. Photo of 130 E.Scenic Avenue, Point Richmond, CA 94801 (MLS # 21809689)
    21
    Open House
    3 beds,  3 full baths
    2,700 sqft   lot 5,400 sqft
    Walk Score® 64
    Listing provided by LYNN SIGNORELLI, MARVIN GARDENS EAST BAY
    MLS 21809689
  21. Photo of 11310 Holiday Drive, CA 95930 (MLS # 21809585)
    23
    3 beds,  2 full baths
    1,800 sqft   lot 16,117 sqft
    Walk Score® 1
    Listing provided by Kathy Springsteen, Amplify
    MLS 21809585
  22. Photo of 524 Star Lilly Drive, Vacaville, CA 95687 (MLS # 21809760)
    39
    Open House
    5 beds,  3 full, 1 half baths
    3,268 sqft   lot 9,026 sqft
    Walk Score® 24
    Listing provided by Pam Sigel, Coldwell Banker Kappel Gateway Realty
    MLS 21809760
  23. Photo of 16201 Eagle Rock Road, Hidden Valley Lake, CA 95467 (MLS # 21809759)
    31
    4 beds,  2 full, 2 half baths
    2,900 sqft   lot 13,112 sqft
    Walk Score® 0
    Listing provided by Dolores Parker, Century 21 NorthBay Alliance
    MLS 21809759
  24. Photo of 3290 Somers Street, Santa Rosa, CA 95402 (MLS # 21809757)
    12
    3 beds,  3 full baths
    1,540 sqft   lot 4.98 ac
    Walk Score® 14
    Listing provided by Russell Klein, Windermere Platinum Real Estate Services
    MLS 21809757
  25. Photo of 255 Enterprise Drive, Rohnert Park, CA 94928 (MLS # 21809755)
    32
    Open House
    1 bed,  1 full bath
    723 sqft   lot 784 sqft
    Walk Score® 40
    Listing provided by Beth Arbios, Terra Firma Global Partners
    MLS 21809755
  26. Photo of 2408 Orleans Street, Santa Rosa, CA 95403 (MLS # 21809635)
    13
    Open House
    3 beds,  2 full baths
    1,304 sqft   lot 4,635 sqft
    Walk Score® 13
    Listing provided by Monica Kangas, Better Homes & Gardens Real Estate/Wine Country Group
    MLS 21809635
  27. Photo of 1954 Pine Street, Napa, CA 94559 (MLS # 21809752)
    22
    2 beds,  1 full bath
    1,008 sqft   lot 6,673 sqft
    Walk Score® 71
    Listing provided by Pavi Micheli Lawson, Pacific Union International
    MLS 21809752
  28. Photo of 7115 Kylemore Circle, Dublin, CA 94568 (MLS # 21809751)
    12
    4 beds,  3 full baths
    3,160 sqft   lot 4,447 sqft
    Walk Score® 21
    Listing provided by Tim Lewis, Tim Lewis Communities
    MLS 21809751
  29. Photo of 88 Hendley Street, Santa Rosa, CA 95404 (MLS # 21809750)
    14
    3 beds,  1 full, 1 half baths
    1,118 sqft   lot 5,001 sqft
    Walk Score® 76
    Listing provided by Michael Hammer, W Real Estate
    MLS 21809750
  30. Photo of 2457 Helen Avenue, Vallejo, CA 94591 (MLS # 21809641)
    5
    3 beds,  2 full baths
    1,627 sqft   lot 6,098 sqft
    Walk Score® 67
    Listing provided by Krystle Karimian, Krystle Properties
    MLS 21809641
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