Hi....I live in Santa Rosa California and currently own some condos and one commercial building. I have joined bigger pockets in the hope of gaining knowledge of smart investment ideas and feel like i have learned a lot already. Unfortunately I have found that Sonoma County has become seller's market rather than a buyer's market especially after the fires last year but I am determined to find some great deals on multi unit properties.
Welcome, there is a meet up in Petaluma where you may be able to meet some helpful people. Best of luck in your real estate adventures.
oh nice...thank you. do you happen to know where and when?
Hi @Nadia Alrawi , Nice connecting!!
Hang tight. Signs are pointing to a shifting market, a more balanced market.
The inventory of homes and condominiums available in Sonoma County at the end of September was at 1,198. That's 33% ahead of the inventory in September 2017 (899) and is down slightly from the inventory last month (1,216). This remains a relatively high inventory. The average Days on Market for the County as a whole is 59 days (the highest since January of this year.
The appreciation rate has settled down from the 12% year over year increase in the first part of the year. This continues to point to a shifting market.
Oh and here is the link for the next Sonoma-County-Real-Estate-Investors-Meetup
Hello! @Nadia Alrawi
Welcome to BP, and congratulations on making the decision to invest in your future via real estate.
I have written a few blog posts that may help you get started here on BP, and with your investing. Please click on the links, give them a read, and share your thoughts in the comments.
First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:
The second is a post that will help get you focused with your real estate investing goals:
The last one is a post that will help you choose an “investor friendly” real estate agent. There are many agents out there, but it’s important to choose the right one.
I love answering questions if you have any! Good Luck :)
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