Residential Real Estate – North San Francisco Bay Area, Sonoma, Marin, Napa counties

Guest contributor: Financial consequences of foreclosure, short sale can be devastating

November 30th, 2009

An unfortunate event in this economic crisis is the increase in short sales and foreclosures of homes.
Residential Real Estate: Agents, brokers venture into social networking

November 30th, 2009

Realtors have long searched out new ways of marketing themselves and the homes they sell. And it is particularly important in this harsh economic climate to be innovative about how clients are searched for and kept around.
Much smaller ‘Eco Village’ seen for Angwin

November 23rd, 2009

NAPA – Pacific Union College’s proposed Eco Village in Angwin has scaled down from 1,600 units to 600 to 380, and it may scale back further after the environmental impact report is out.
Curt Johansen, executive vice president of Triad Communities, said that the draft EIR will be released for public comment in roughly 60 days.
“That [...]
Southwest clinic nears purchase Fountaingrove building

November 23rd, 2009

SANTA ROSA – Southwest Community Health Center signed an agreement to purchase a 42,500-square-foot Fountaingrove area building late last week in a nearly 40 percent expansion of its capacity, its largest to date.
“The need for a community health center of this magnitude is real, and that need keeps growing,” said Southwest Chief Executive Officer Naomi [...]
No contest plea entered in real estate fraud case

November 16th, 2009

SANTA ROSA – The Sonoma County District Attorney’s office said Juan Carlos Alcala of Windsor pleaded no contest to nineteen felony counts and admitted three special allegations for defrauding real estate investors, money laundering and elder fraud.
Lender takes back ’sustainable village’

November 2nd, 2009

WINDSOR – Shiloh Sustainable Village, a planned $50 million mixed-use project with promise for high levels of green-building features and affordable housing, was taken back by the lead lender on the property late last month.
Petaluma apartment property sells for $52M

October 26th, 2009

PETALUMA — The 492-unit Lakeville Resort apartment complex on Lakeview Circle sold for $52 million, making it the largest such sale in Sonoma County this year.
Apartment occupancy mixed as rents dip

October 26th, 2009

NOVATO — Average advertised rent for apartments in Marin, Napa and Sonoma counties in the third quarter dipped to the lowest level since the end of 2007, yet average North Bay rents have not declined nearly as much as those in Northern California as a whole, according to estimates from Novato-based multifamily property market analyst RealFacts.
State bars Santa Rosa electrical contractor from public projects for three years

October 14th, 2009

SANTA ROSA — State labor regulators are barring Santa Rosa-based S.J. Cimino Electric Inc. from public works projects for three years on allegations that the electrical contractor didn’t fully pay wages and benefits related to three affordable-housing projects in Sonoma and Solano counties. This is said to be the first such action against a Sonoma County contractor in more than a decade.
Groups seeking to buy foreclosed homes; may be mental health beds

October 12th, 2009

SONOMA COUNTY – Up to six foreclosed homes in Sonoma County will soon be rehabbed and converted into public housing, including the possibility of new, badly needed mental health beds.