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Napa, CA Real Estate News

By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Although most lenders have discontinued foreclosure proceedings during the Christmas holiday, there are currently many Napa Valley foreclosure homes already on the market.  Homeowners who have fallen behind on their mortgage payments are continuing to receive Notices Of Default (NOD) from their mortgage lender. An NOD is a formal notice that a home owner has fallen behind on their payments and are in default of their mortgage contract.  It does not mean that the lender is foreclosing on the property at that time, but it is notice that the lender may foreclose on the property if the borrower doesn’t catch up on mortgage payments within the period indicated in the NOD. Here is a summary of Napa Valley homes that have received an NOD as of December 21, 2011.     City Properties Valued < $1...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Napa Valley is not all wineries, tasting rooms, restaurants and art galleries.  Most of the usable land in Napa Valley is zoned for agriculture and used – not surprisingly – to grow grapes, olives, mustard, culinary herbs, and other agricultural products.  The unique climate and mix of soils make this area one of the most prized agricultural regions in the world. Here are listings for Napa Valley agricultural land for sale as of December 19, 2011.  Drop me a line for more information (john@jsrealproperty.com ) and to schedule a viewing of these and other properties for sale in Napa County.   Please note:  Purchase or lease of land for agricultural use requires exhaustive testing and evaluation that should be conducted by qualified professionals prior to completion of the sale.  Past pro...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Thinking of building a new home or vacation getaway in the Napa Valley?  It’s not all vineyards, wineries, tasting rooms, restaurants and art galleries.  There are residential lots now on the market that may be perfect for building your new dream home. Here are Napa Valley residential lots and land for sale as of December 16, 2011.  Drop me a line for more information (john@jsrealproperty.com ) and to schedule a viewing. Please visit www.jsrealproperty.com and click on: ·         Wine Country MLS Searchto search the local MLS for properties of all types in Napa, Sonoma, Solano, Marin and Mendocino Counties.   ·         RealtyTrac® Distressed Property Search for distressed properties, such as pre-foreclosures, bank-owned REO’s, auctions, and more throughout California.   ·         1 Minu...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Small multi-family properties are often the easiest, most cost-efficient way to get started as a residential real estate investor.  These properties typically have 2 to 4 units, providing the opportunity for the owner to live on-site or to rent every unit.  Many successful residential investors got their start buying small unit properties and trading up to consolidate equity and improve cash flow. Here are small multi-family investment properties for sale in Napa County, CA as of December 16, 2011.  Drop me a line (john@jsrealproperty.com) for more information and to schedule a viewing.     Please visit www.jsrealproperty.com and click on: ·         Wine Country MLS Searchto search the local MLS for properties of all types in Napa, Sonoma, Solano, Marin and Mendocino Counties.   ·      ...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Have you been looking for a deal on a home near Napa or elsewhere in Napa Valley?  Foreclosed homes (REO) sometimes offer an affordable opportunity.  Some are in great condition, some need work, but all are worth taking a quick look. Here are Napa REO homes for sale as of December 16, 2011.  Drop me a line (john@jsrealproperty.com ) for more information and to schedule a viewing.  Note:  There are 524 homes for sale (single family, condo, townhome) in Napa County today, but only 45 REO homes for sale. Visit our web site and click on Wine Country MLS Search to search for homes and land by price, features, location, and more in Napa, Sonoma, Solano, Marin and Mendocino Counties. You can also use our RealtyTrac® Distressed Property Search tool to find pre-foreclosures, REO/bank-owned homes...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Although most lenders have put foreclosure activities on hold during the Christmas season, homes that have already been through the foreclosure process are either coming on the market for the first time or are back on the market after having been previously listed and taken off the market. There are 42 foreclosed (REO) homes on the market in Napa County as of today, including 16 placed on the market in the past week.  Here are the new Napa Valley REO homes for sale that have just been added.  Please drop me an email (john@jsrealproperty.com) if you would like more information or to schedule a showing of these or other Wine Country homes.    *Days On Market includes current days and days accumulated during previous listing periods, if any (current/total) Check back this Friday for my upd...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Have you been looking for a deal on a home near Napa or elsewhere in Napa Valley?  Foreclosed homes (REO) sometimes offer an affordable opportunity.  Some are in great condition, some need work, but all are worth taking a quick look. Here are Napa REO homes for sale as of December 2, 2011.  Drop me a line (john@jsrealproperty.com ) for more information and to schedule a viewing.   Note:  There are 321 homes for sale (single family, condo, townhome) in Napa today, but only 23 REO homes for sale. Visit our web site and click on Wine Country MLS Search to search by price, features, location, and more. You can also use our RealtyTrac® Distressed Property Search tool to find pre-foreclosures, REO/bank-owned homes, auctions and more throughout California. For local, regional and national mark...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
While many are braving the frantic crush of humanity in shops and malls to complete their Christmas shopping, the California real estate market continues to roll along almost unnoticed.  It’s always been said that the holidays are a bad time to try to buy or sell a home.  But as I drove through Napa Valley today looking at new homes and land just on the market, I considered the numbers I saw on the MLS this morning regarding this area: ·         14 homes have closed escrow since Thanksgiving Day ·         45 homes have come on the market in the past 10 days (14 REO’s) There are 12 new homes on the market just since yesterday.  How many of these will sell by the end of the year?  No way to tell, but I’ll be sharing those numbers soon after the New Year. Until then, if you are considering...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Check out October 2011 home sales activity for Napa and the greater Napa Valley/North Bay area, including comparisons with previous months and years.  Other reports, stats and information also available, just click here > 1 Minute Housing Market Report. Take a look at current Napa homes for sale and Napa Valley homes for sale – visit our web site and click on the Wine Country MLS Search tool button (or click here).  Search by features, price, address, map location, and more!     We support the OCCUPY WINE COUNTRY real estate movement, ensuring the right of every willing and qualified buyer to purchase and OCCUPY a home of their own in beautiful Wine Country.     Tags:  Napa homes for sale, Napa Valley homes for sale, Napa real estate agents, Napa Valley real estate agents, Wine Country ...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
The Occupy Wine Country real estate movement is happy to announce that Napa Valley real estate sales continued during the Thanksgiving week.  If you’re thinking of buying or selling during the Holidays, consult with a real estate professional to discuss if the timing could be right for you. Here is a list of 40 Napa Valley homes that changed status from “For Sale” to “Pending Sale” between November 20th and 26th, indicating that a purchase contract was signed during that period.     Note:  Final sale prices for short sales are pending lender approval; all homes shown are single family homes unless otherwise noted. Look for Wine Country homes on the MLS – visit www.jsrealproperty.com and then click on the Wine Country MLS Search button, or contact John Souerbry via email at john@jsrealpr...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Have you been looking for a deal on a home near Napa or elsewhere in Napa Valley?  Foreclosed homes (REO) sometimes offer an affordable opportunity.  Some are in great condition, some need work, but all are worth taking a quick look. Here are Napa REO homes for sale as of November 25, 2011.  Drop me a line (john@jsrealproperty.com ) for more information and to schedule a viewing.     Note:  There are 328 homes for sale (single family, condo, townhome) in Napa today, but only 26 REO homes for sale. Search the local MLS - visit www.jsrealproperty.com and click on Wine Country MLS Search to search by price, features, location, and more. You can also search RealtyTrac® distressed property listings on my web site:  pre-foreclosures, REO/bank-owned, auctions and more.  www.jsrealproperty.com ...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Small multi-family properties are often the easiest and most cost-efficient way to get started as a residential property investor.  These properties typically have 2 to 4 units, providing the opportunity for the owner to live on-site or to rent every unit.  Many successful residential investors got their start buying small unit properties and trading up to consolidate equity and improve cash flow. Here are small unit multi-family properties for sale in Napa as of November 25, 2011.  Drop me a line (john@jsrealproperty.com) for more information and to schedule a viewing.   Price *DOM Location Units Buildings Notes $235,000 3/3 904 Napa Street 3 1 New on market $277,000 68/68 1144-1148 Sylvia Ct 2 1   $299,900 52/52 1531-1533 Menlo Ave 2 2   $480,000 41/335 1607 Brown St 3 1   $549,000 27...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
It’s crunch time. If you’ve met with your financial advisor and confirmed that you have cash to invest in real estate and there is a financial/tax advantage to do so before the end of 2011, there’s still time.  But don’t delay.  Here are reasons you must get started now – ·         Escrow companies and companies that administrate tax-free exchanges (“accommodators”) are often flooded with year-end deals, increasing processing times   ·         There are other guys like you also in the market hunting for last minute bargains from people who are trying to sell by year-end   ·         Government entities who process and record deeds take a lot of time off during the holidays, increasing the lead time needed to record the sale Contact me TODAY to start your start looking at properties that ...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Small multi-family properties are often the easiest and most cost-efficient way to get started as a residential property investor.  These properties typically have 2 to 4 units, providing the opportunity for the owner to live on-site or to rent every unit.  Many successful residential investors got their start buying small unit properties and trading up to consolidate equity and improve cash flow. Here are small unit multi-family properties for sale in Napa as of November 20, 2011.  Drop me a line (john@jsrealproperty.com) for more information and to schedule a viewing.   Price *DOM Location Units Buildings $277,000 68/68 1144-1148 Sylvia Ct 2 1 $299,900 52/52 1531-1533 Menlo Ave 2 2 $480,000 41/335 1607 Brown St 3 1 $549,000 279/279 1107 Vallejo St 3 2 $719,000 934/1154 2701 Soscol Ave...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Here are homes holding open houses in Napa, CA this weekend – all on Sunday.  If you would like more information on any of these homes by email, drop me a line (john@jsrealproperty.com) or visit my web site to access the local MLS (www.jsrealproperty.com). I will be attending several of these open houses and would be glad to accompany anyone who would like to have a look at them.  See below for my Three Good Reasons To Take Your Agent To An Open House.     *Days On Market     Three Good Reasons To Take Your Agent To An Open House 1.    Agents have inside information that is not published on the public listing sites or is often not included in materials handed out at the open house 2.    Your agent can conduct an initial walk-through inspection during the open house, pointing out feature...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Small multi-family properties are often the easiest and most cost-efficient way to get started as a residential property investor.  These properties typically have 2 to 4 units, providing the opportunity for the owner to live on-site or to rent every unit.  Many successful residential investors got their start buying small unit properties and trading up to consolidate equity and improve cash flow. Here are small unit multi-family properties for sale in Napa as of November 11, 2011.  Drop me a line (john@jsrealproperty.com) for more information and to schedule a viewing.   Type Price Unit Mix Notes 3 Units $719,000 3 x 2/1   3 Units $549,000 3 x 2/1   3 Units $480,000 1 x 3/1; 1 x 2/1; 1 x 1/1 Back on market 2 Units $299,900 1 x 2/1; 1 x 2/2 Reduced from $325,000; 2 homes on 1 lot 2 Unit...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Have you been looking for a deal on a home near Napa or elsewhere in Napa Valley?  Foreclosed homes sometimes offer an affordable opportunity.  There are currently 33 foreclosed, bank-owned (REO) homes for sale in Napa, up from 25 last week. Here are my Top 10 Napa foreclosed homes for sale as of November 11, 2011.  Drop me a line (john@jsrealproperty.com ) for more information and to schedule a viewing.   Type Price Bed Bath Sq. Ft. Lot Notes SFR $879,000 2 2 (2 0)         1,524 1.000 ac   SFR $799,900 4 3 (3 0)         3,166 0.370 ac Back on the market SFR $775,000 3 2 (1 1)         1,937 37.100 ac   SFR $624,000 3 2 (2 0)         2,198 1.260 ac   SFR $599,000 5 3 (3 0)         2,469 0.770 ac Back on the market SFR $575,000 4 3 (2 1)         3,101 0.190 ac   SFR $512,500 3 3 (2 1)   ...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Thinking of building a new home or vacation getaway in the Napa Valley?  It’s not all vineyards, wineries, tasting rooms, restaurants and art galleries.  There are residential lots now on the market that may be perfect for building your new dream home. New Napa Valley residential land on the market this past week:  76.97 acres in Stag’s Leap district (City of Napa), zoned for single family residential, horses, agricultural, and vineyard with mountain top views of Napa Valley. $3,600,000 Drop me a line for more information and to schedule a viewing (john@jsrealproperty.com), or to request a complete list of Napa Valley residential lots and land currently on the market. Please visit www.jsrealproperty.com and click on: ·         Wine Country MLS to search the local MLS for properties of a...
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By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
Small multi-family properties are often the easiest and most cost-efficient way to get started as a residential property investor.  These properties typically have 2 to 4 units, providing the opportunity for the owner to live on-site or to rent every unit.  Many successful residential investors got their start buying small unit properties and trading up to consolidate equity and improve cash flow. Here are small unit multi-family properties currently offered for sale in Napa as of November 4, 2011.  Drop me a line (john@jsrealproperty.com) for more information and to schedule a viewing.   Type Price Unit Mix Notes 3 Units $719,000 3 x 2/1   3 Units $549,000 3 x 2/1   3 Units $480,000 1 x 3/1; 1 x 2/1; 1 x 1/1 Back on market 2 Units $299,900 1 x 2/1; 1 x 2/2 Reduced from $325,000; 2 home...
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