Summer is just around the corner

Summer is just around the corner, and after a very wet winter, we have had a beautiful green spring here in the Ukiah area.  We are having some unusually hot days, with temperatures up into the high 90’s.  It’s a wonderful time of year with cool nights, and warm evenings when you can dine outside, or enjoy outside activities.  Lake Mendocino has the most water it has had in many years.  Some of the campgrounds are open, and the week end finds many folks water skiing, wake boarding,  kayaking and sailing on the lake.

We continue to have a housing shortage here in the greater Ukiah area, and that seems to be driving prices up.  Listings that are well priced and under $400,000 are selling very quickly, sometimes with multiple offers and over bids.  Even the higher priced properties are moving well.  If you are a buyer, you will need to move quickly when you find a house that fits your needs, and if you are considering selling this is a great time to sell real estate.  Rentals are particularly scarce, and the demand is driving rents up quickly.  Unfortunately there are no new housing developments that will be built anytime soon.  This poses a problem for families wanting to move to our area, for business who would like to locate here, or local business who would like to expand.

Summer is a wonderful time in Ukiah, hot days, warm balmy evenings, and cool nights when you can open the house and sleep comfortably.  Give me a call if there is anything I can do to help with your real estate needs, and in the meantime enjoy the summertime.

Gary Nix -707-391-5235

Summer time in Ukiah

Summer is a great time in Ukiah, warm to hot days, and cool nights.  It’s always nice because we have low humidity and therefore dry heat.  The days are often in the mid 90’s, but the night time temperatures are typically in the high 40’s to low 50’s.  It’s great to be able to open the house in the evening and close it up in the morning.  Summer evenings are particularly enjoyable for barbecuing or outside activities.  This summer the real estate market has picked up pace considerably.  Our listing inventory is lower than it has been in the past few months, and properties are selling at a fairly brisk pace.  As always, the more expensive properties, $600,000 and above, take longer to sell.  Interest rates remain historically low, so it is a great time to buy, and it is also a very good time to sell.  Please contact me for any of your real estate needs in the greater Ukiah area.

Gary Nix
707-391-5235

Spring in Ukiah

It’s Spring in the Ukiah area, and it is a beautiful time of year.  Our trees have leafed out, the hills are green, and after a winter of normal rainfall, things are lush and green everywhere.  We’ve had some unseasonably warm days, in the mid to high 80’s.  Soon we will be beyond frost season, and folks will be planting their summer vegetable gardens.  It’s also a time of year when many new homes come on the market.  Our residential inventory was low over the last few months, but the number of new listings coming on the market has increased.  The sales volume of residential sales has continued to rise, right along with the number of new listings.  We are experiencing what I would call a good stable real estate market.  The area where demand seems highest is on the west side of Ukiah.  This is especially true if a home is valued under $400,000.  I listed a home on Mill Court last week, and we have already had two offers, with the second offer currently under negotiation.  If you have a home on the west side of Ukiah that you are considering selling, this is an excellent time to do so.  If there is anything that I can do to help with your real estate needs, please give me a call.

Gary Nix   707-391-5235

Ukiah Valley Market Update

Today is February 15th, and it is a beautiful 81 degree here in the Ukiah Valley.  It feels like spring time, although it is only mid February.  Trees are leafing out, and the hillsides are a rich green color with all the new grasses growing.

Our real estate market normally slows down starting in December and slowly picks up in January, normally getting into full swing by mid to late March.  This year I have been busy right through December, and the fast pace continued in January and February.  It seems that Ukiah’s West Side has become quite popular.  At our weekly staff meetings we all discuss what our buyers are looking for, and it is apparent that nearly everyone in the office has someone looking for a house on the West Side.  Some buyers are looking for something small in the $300,000 to $350,000 range and there are others looking for larger homes up to $700,000.  There are also folks looking for country property and homes with a view.  So, our market is moving at a brisk pace, especially for the winter months.

On a personal note, I continue to enjoy our small ranch in Potter Valley.  We have 10 acres and are raising Club Lambs, which we sell to 4-H and F.F.A. kids.  By the way, those are wonderful programs for young people, and teach them so much more than just animal husbandry.  This year we have had 40 lambs and should have another 35 arrive over the next 30 days.  Thankfully we have only lost two lambs, and everyone else is strong and healthy.  We will be taking a number of the older ewes to the sheep auction in Petaluma this spring.   If you know any 4-H or F.F.A. kids who would like to buy a lamb for their project, check us out at our website:  www.westcoast-clublambs.com.   And if I can help you with any of your real estate needs, please give me a call!

Gary Nix 

707-391-5235

Feels like early Spring

It feels more like early Spring than February here in Ukiah. We are having beautiful weather, but little or no rain, since December. Last weekend I took a bike ride on my road bike from Ukiah to Hopland. It was a great ride, with temperatures in the 70’s, blue sky, and the Buckeye trees starting to leaf out. They are the first trees in our area to leaf out, and the first to lose their leaves in the late Summer.

Our local real estate market slowed down quite a bit in June of last year, then seemed to pick up in July, and slow down quite a bit in August. Since then we have seen little or no appreciation, and what I would describe as a flat market. I have noticed that things seem to be picking up in January, with a number of new properties coming on the market, and a number of new sales. It’s good to see the increase in activity, and encouraging for my clients and customers.

For those of you who enjoy live theater, the Diary of Anne Frank is being performed at the Ukiah Players Theater from February 19th through March 15th. If you haven’t been to see any of the productions the theater puts on, you are missing a very enjoyable experience. I’m always amazed at the number of talented folks who reside in this small community. If you would like to support the theater financially, it is easy to become a Guild Member, by making an annual donation of $250.00. This allows you to see a special performance of each play, along with hors d’ oeuvres provided before the performance. You can also bring friends to the performance. These evenings are also a very nice social gathering.

Please let me know if I can help with any of your real estate needs.

Gary Nix
707-391-5235

Ukiah market update

The unusual heat we have had the last week or ten days seems to have past.  We are now forecast for temperatures in the low 90’s for the next ten days.

The real estate market remains strong and we seem to be in a stable, healthy market.  The median home price in the greater Ukiah area is now $306,000 and homes stay on the market for an average of 64 days.  Interest rates remain around 4.25% with an A.P.R. of 4.65%.  I can remember in the 1980’s when interest rates were up close to 18%.  In those days I prayed for rates to drop to 12% and I never thought we would see single digit interest rates again.

There are currently 102 homes on the market.  To buy a home valued at $250,000 one needs a monthly gross income of approximately $3,100.  To rent the same house one needs a monthly gross income of $4,000.  For the rental there would be a deposit of approximately $2,850 and the monthly rent would be approximately $1,350.00.

Here are some local activities happening over the next few days:  Bocce Ball at Barra Winery, Thursday August 7th from 5:00 PM to 8:00 PM.  Try some of Barra wines, they are excellent!  On Friday, August 8th, Moonlight Movie Madness is taking place at 8:15  at the Alex R. Thomas Plaza in downtown Ukiah.  The movie being shown is “Rio 2”.  Also on the 8th, the U.V.A.H. Mayacama 5th Annual Salsa Taste Off is happening from 5:00 PM to 8:00 PM at the Pear Tree Center on Perkins Street, Ukiah.  Enjoy the summer and the activities on our warm and comfortable summer evenings.

Summer in Ukiah

 

Summer in Ukiah is upon us.  That means most days in the mid 90’s with humidity in the 12% to 15% range.  The Ukiah summer evenings are a time to enjoy being outside and open the house up.  It’s a wonderful time for family gatherings, barbecues, etc.  In the summer months many of our rolling hills turn a beautiful golden brown, which makes a dramatic contrast with the dark green color of the native Oak trees.  The night time temperatures are often in the mid 50’s to the low 60’s.  It is great to be able to open the house up and enjoy a good night of rest in a comfortable temperature.   

Summer is typically our busy time of year in the real estate business.  It’s a great time to put a property on the market for sale, and because inventory is typically a bit higher from March through November, it’s a great time to buy as well.  Right now our real estate market continues to move at a brisk pace, with properties which are well priced and under $300,000 selling quickly.  Marketing time increases as the price of the properties goes up.   

Here are some statistics regarding real estate in the greater Ukiah area.  The median home price is $295,000 and the average days on the market are 111.   Current conventional interest rates are 4.65% with no points.  There are 130 homes on the market for sale.  

If I can help with any real estate needs, please give me a call.

Gary L. Nix

707-391-5235

 

Spring time in Ukiah

It’s a beautiful time of year here in Ukiah. Spring, summer and fall are my favorite seasons. The hills are green and lush, and the many Dogwood trees are just finishing their bloom. This time of year our daytime temperatures are in the 70’s and low 80’s with the nights cooling off to the 40’s. We often have rain showers now and then until early June.

Here in the greater Ukiah area we have many country roads that are great for cycling, and I have enjoyed cycling for a number of years now. Old River Road, which runs along the eastern bench lands from Talmage to Hopland, is a favorite. It is about a 15 mile ride, one way. Hopland has several good restaurants, as well as wine tasting. It’s fun to ride with friends, have breakfast in Hopland, or lunch, and then ride back to Talmage. This is an easy ride with only a couple of gentle hills. A stop at Campovida is always enjoyable, and taking a walk in the acres of organic gardens is a treat. Recently I have enjoyed riding in Potter Valley, which is about 15 miles to the north east of Ukiah.

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Must Have Features

As recently reported in Yahoo! Finance, here are the ten most desired features homeowners are looking for: 

A large kitchen with an island is an important feature and granite counter tops rank high when it comes to kitchens.  If you are considering selling a home, or investing in home improvements that add the most value, the kitchen is still #1. 

Energy efficient appliances, insulation and energy efficient windows are also something that are important to home buyers. 

 A home office or study ranks high today.  Home buyers today would prefer the home office or study to a formal dining room. 

Having a master suite or master bedroom on the main floor is a must feature for most empty nesters and is getting more popular with buyers in general.

Outdoor living areas are increasingly popular, especially in California, but also in colder climates as well.

Ceiling fans are a popular feature for both winter and summer use.

Soaking tubs and whirlpool baths are still popular in master suites, but the rising star in this area is oversize showers with seating areas.

Stone and brick exteriors are becoming popular and seem to be favored above stucco.

Subdivisions or developments with community landscaping and walking paths are becoming sought after. 

And finally, in the move up and custom home arena, a 3 car garage has become an important feature.