Santa Rosa Projected to Lead Nation in Real Estate Recovery

Money Magazine compiled a list of metro areas with a forecast of 6% growth in Santa Rosa for the period of first quarter 2010 through first quarter of 2011.

Click here for the table

Fast Facts for March 2010

Calif. median home price: January 2010: $287,440 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region January 2010: Santa Barbara So. Coast $760,000(Source: C.A.R.)

Calif. lowest median home price by C.A.R. region January 2010: High Desert $124,480 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Fourth Quarter 2009: 64 percent (Source: C.A.R.)

Mortgage rates - week ending 3/11/10 30-yr. fixed: 4.95 Fees/points: 0.7% 15-yr. fixed: 4.32% Fees/points: 0.7% 1-yr. adjustable: 4.22% Fees/points: 0.6% (Source: Freddie Mac)

Sonoma County Energy Loan Program Gets State Support

I wrote about this program in an earlier blog and it appears that the State is finally jumping on the bandwagon - with consequences, of course. While there are more restrictions (and a few more minor costs), it's still a great way to green up your home while not taking on the entire burden of the cost upfront. Should you sell your home, the remaining cost of the loan passes to the buyer - and that makes sense since they'll be benefitting from the system or equipment that stays with the property.

The link to the article is here

Information also is available at the program Web site, sonomacountyenergy.org