Wednesday, March 14, 2012

Why I Love Humboldt County, California!

I Love Humboldt County, California!

A picture is worth a thousand words!

But just in case you missed some of them, let me repeat.  The mountains trail down right to the ocean, so we Eurekans can walk on the beach, often in the warm sun, and see snow in the mountain peaks inland a few miles.  I love the way big waves crash against our rocky coast and spray foam everywhere.  I love to walk the docks and quiz my wife about the different types of rigs on the sailboats.  I love buying fresh crab or fresh tuna off the fishing boats in the marina.  70% of the oysters grown in California are grown in Humboldt Bay! 

And the Victorian seaport of Eureka is a fabulous place to wander and look.  The architecture is epic!  The Carson Mansion is widely considered to be the most prominent example of Queen Anne Victorian architecture, and there are so many gorgeous examples of Victorian architecture in the Old Town area!  There are tons of cute little stores for shopping.  Great food in a wide variety of restaurants.  And lots of interesting people!  I truly love Eureka!

Monday, March 5, 2012

Humboldt County, California Real Estate Market Report - February 2012

Could January 2012 be the bottom of the bust?

Our inventory hardly ever goes down for three straight months at the beginning of the year, but that's exactly what happened January, February & March of this year!  This can't help but to give prices some support, and keep them from going down.

And the number of homes sold is not only running at "normal" levels for February, but has been solid for 3 months in a row - Dec '11 - 92; Jan '12 - 74; Feb '12 - 77!

And sure enough we see our average home prices back up into the $250,000 range, where it averaged for most of 2011.

And our median home price is flat at the $225,000 range. 

There's no real estate gnome that comes out to ring a bell signaling the bottom of the real estate market, but if it turns out to be Jan '12, remember, you heard it here first!