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Hello Readers…from time to time I’ll bring in a guest blogger who’s vision is aligned with mine, albeit housing, sustainability, music, or our Slow Life here in Sonoma County.  Introducing Irene Turner, owner of Irene Turner at Home, an international interior design firm based here in Sonoma County.  Irene’s mission is to create and share beauty in all forms that uplift the spirit and make people feel good.  Here she talks about a couple of my key interests…sustainability and Jack Johnson’s role to inspire people through his music to impact their world.  Please welcome Irene Turner.

If you think that one person can’t have an impact, think again.  A couple of weeks ago my cousin from Germany came to visit us with his family.  His oldest son has only been studying english for two years and seemed to be fluent.  One way he was taught English was an assignment to find something to memorize.  He chose Jack Johnson’s song the 3 R’s.  He not only learned all the words by heart, but he also did a whole report, in english, about the 3 R’s, with Jack Johnson’s lyrics as the bases, and started a 3R campaign in his school!

What exactly are the 3 R’s?  For those of you who don’t know…here from Sheryl Eisenberg and the Natural Resources Defense Council is the simplest explanation I found…

  1. Reduce: Reduce means using fewer resources in the first place.  This is the most effective of the three R’s and the place to begin.  It is also, I think, the hardest because it requires letting go of some very American notions, including: the bigger the better, new trumps old and convenience is next to godliness…Reduce is a comparative word.  It says:cut back from where you are now….
  2. Reuse: Before you recycle or dispose of anything, consider whether it has life left in it….Reusing keeps new resources from being used for a while longer, and old resources from entering the waste stream.  It’s important as it is unglamorous.  Think about how you can do more.
  3. Recycle: Recycling is the R that has caught on the best.  Partly, this is because there are so many curbside recycling programs today…What keeps it from being a total piece of cake is the rules.  Every municipality has its own, and they are not always as straightforward as they could be.…read more

For those of you who have children, the National Institute of Environmental Health Sciences has a great kid’s page to help teach them these habits.  Wouldn’t it be great if all our kids learned this at home and in school, by our example and through educational investigation?

The point of this whole matter for me is that Jack Johnson, one man who is environmentally minded created a song (see the video below)… And, established the Johnson Ohana Charitable Foundation, to support environmental, art and music education now and into the future. As part of his 2010 world tour, the Johnson Ohana Charitable Foundation will offer direct and matching donations to All At Once partner non-profits. Jack Johnson will once again donate 100% of his 2010 tour profits (as he did in 2008)  to charity.  His influence is such that he inspired one child around the world in Munich, Germany to memorize his song, and lead his class in a 3 R campaign.

While we all may not be Jack Johnson, we, each and every one of us, can start practicing the 3 R’s today and teach our children and grandchildren to leave our world a better place then how we found it!

Nature is God made visible. Nature is God known through our senses. When we love and serve nature, we are worshiping the Supreme Being.
~ Amma

Saving our planet is truly a Little Bit of Beauty™!

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#4. The social power of a house is huge. When you buy a big house or an expensive house, you are making a statement to your in-laws, your family, your neighbors and yourself. Nothing wrong with that, but the question you must ask yourself is, “how big a statement can I afford?” How much are you willing to spend on personal marketing and temporary self-esteem? 
#5. Debt is an evil plot to keep you poor. If buying a bigger house (or even a house with a living room or a garage) is going to keep you in credit card debt, you’ve made a huge financial error, one that could cost you millions.
By the time you buy a house, you probably have a family. Which means that this is a joint decision, a group decision, a decision made under stress by at least two people, probably people that don’t have a lot of practice talking rationally about significant financial decisions that also have emotional and social underpinnings; oops. You’ve been warned. Just be careful so that the conversation doesn’t become a referendum on your marriage or careers and is instead about the house.
If you have a steady job, matching your mortgage to your income can be an intelligent decision. But if you are a freelancer, an entrepreneur or a big thinker, a mortgage can wipe you out. That’s because the pressure to make your monthly nut is so big you won’t take the risks and do the important work you need to do to actually get ahead. When you have a choice between creating a sure-thing average piece of work or a riskier breakthrough, the mortgage might be just enough to persuade you to hold back.
#6. You’re probably not going to be able to flip your house in nine months for a big profit. Maybe not even nine years. So revisit #2 and imagine that there is no financial investment, just a house you love. And spend accordingly.

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This is my very different take on home buying; I examine the “underside” of our market and some of the psychology of buying .

#1.  When house prices rise reliably (as from 1963 to 2004), it is almost impossible to overpay for a house. It was an efficient market, and rising prices covered many mistakes. Investing in Sonoma County Properties was a no-brainer.  More leverage and more at stake just paid off more in the end. We did not need to be “brain washed” by advertising or led by the hand. This consistent rise taught us more than an ad ever could: buy a lot of house with as little down-payment as you could.

#2.  A house is not just an investment, it’s a place to live. This is the only significant financial investment that has two functions. Things like cars and boats always go down in value, so most of the time, if you’re investing, you’re doing it in something that you don’t have to fix, water, fuel or live in. You shouldn’t fall in love with a bond or a stock or a piece of gold, because if you do, you won’t be a smart investor. The problem is that you just might fall in love with a house. Not the smartest reason to make the largest financial investment of your life but then again, you get to live in it and its done all the time.

#3. The psychology of down markets is irrational. Rising house prices might be efficient (many bidders for a single item lead to higher prices), but when there aren’t so many bidders, irrational sellers (see #2; those that are in love with their homes) don’t lower their prices accordingly. So, inventories get longer and it’s easy for the prospective buyer to think that a certain price is the ‘right’ price because so many people are offering houses at that price. Just because someone offers a price, though, doesn’t mean it’s fair in a given market. Our current market does not suffer from as much of this because of the “Foreclosure Factor”.  The banks are not in love with any of the homes they own and the other sellers have to compete with them or hold on to their homes.     More to come soon.

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The U.S. government’s home buyer tax credit was extended to April 30, 2010 and will most likely not be extended again. This tax credit can benefit first-time home buyers up to $8,000 and current homeowners up to $6,500, provided they meet certain guidelines. And because this program is a tax credit – it does not have to be repaid.  You apply for this credit when you do your tax return.  Of course, it is always in your best interest to seek the advice of a Tax Attorney or your CPA to find how these credits fit your particular needs.

The California tax credit is a little different in that you must apply for the credit within 14 days of closing escrow and you are only eligible to take one third of it per year (for three years). The tax credits are available for taxpayers who purchase a qualified principal residence on or after May 1, 2010, and before January 1, 2011. Additionally, these tax credits are available for taxpayers who purchase a qualified principal residence on or after December 31, 2010, and before August 1, 2011, pursuant to an enforceable contract executed on or before December 31, 2010.  The purchase date is defined as the date escrow closes. Taxpayers may apply for the tax credits if they have entered into a contract before May 1, 2010, as long as escrow closes on or after May 1, 2010.

These tax credits are limited to the lesser of 5 percent of the purchase price or $10,000 for a qualified principal residence. Taxpayers must apply the total tax credit in equal amounts over 3 successive tax years (maximum of $3,333 per year) beginning with the tax year in which the home is purchased.  The tax credits are nonrefundable and unused credits cannot be carried over.

There has never been a better time to take advantage of this tax credit because many Sonoma County Properties seem to be priced below market value.

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Bennett Valley was recently name dropped by  Wine Spectator Magazine as not only being one of the most distinct regions of all Sonoma County Properties, but also, at about 900 acres planted, one of the smallest. Just south of the city of Santa Rosa, nestled among the mountains, lies Bennett Valley, Sonoma’s newest AVA.  Not only is it one of the most distinct regions in Sonoma, but also, at about 900 acres planted, one of the smallest. Most important-as evidenced by the emerging list of wines being made in Bennett Valley and the number of producers seeking out the region’s grapes-it has become one of the most exciting areas in California for Syrah and Grenache. For those looking to engage in growing or just the quiet living in this exclusive region; Real Estate Broker, Ron L. Welsh is featuring a truly remarkable QUIET, SECLUDED, PRIVATE Bennett Valley Property. This “Old World Artists Retreat”  features a 3200 sq ft home, floor to ceiling views, Solar power, Art studio, Meditation Tree House, studio apartment, a pool and spa. It also has a tiny wine cave /cellar that was featured in Savor Wine Country Magazine. The property is 5.52 Acres ( at least 1.5 acres plantable with adjacent plantable acreage available) just 5 minutes from shopping and some of the best Wine Country Restaurants. In my opinion this is the SLOW FOOD capital of the west.  This property is a bargain at $1,235,000. Call Sonoma County Properties at 707-523-3300 for more information or a private tour.

 

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Growing up in Sonoma County was like living in a dream. Our home was one of three on the outskirts of what was to be a new subdivision next to the Laguna de Santa Rosa. The first years of my existence, our yard (one & a half acres) was the wild west and our undiscovered country (see photo). The oaks serving as our “cover” as we played. As I grew, the neighborhood called “Willowside Estates” was forming. I was free to explore the home sites, the freshly bulldozed roads were my make believe “motocross track”. I remember the dirt was so fine in places, it was like playing in a foot of wheat colored flour. I always had to be careful not to lose my shoes. As families started moving in I had more kids to play with. Our closest neighbors, adjacent to us on the south side was the DeMeo Family (Jack and Judy). I looked up to their oldest son Tommy, he played the drums (very cool)  and was a great guy, he always had time for a squirt like me.  Then there was my buddy, Robert Diggs Wright. We called him ”Skip”,  his dad was a merchant ship captain so he was known at home as “the little Skipper”.  We ran wild, playing in the oak filled countryside, pastures or in and about the neighborhood. We would leave the house in the morning to visit friends in the neighborhood. We would head home for lunch and then back out and ride our bikes until dark. We would occasionally go as far as the brand new “Coddington Center” in Santa Rosa but usually only as far as the Kettleson ranch (now the Balletto Farm) on Guerneville rd) where our friend Mark’s grandparents lived. Obviously in those days there was no way for our parents to get a hold of us. If they needed us, they could give a yell out the back door and if we didn’t come right away, they pretty much knew where to look. As a teenager there was much fun to had and trouble to get into (not that I got into any) in and around the Santa Rosa Golf & Country Club that had been built there in the early 1960′s. As an adult I became the real estate authority in this neighborhood and have thus far sold or re sold many of the homes there. It is still a beautiful neighborhood, now of more than 200 homes; each on about a half acre with nice wide streets and lots of fond memories.  More stories to come…

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“They” say you will never see the bottom of any particular real estate market until you have missed it. Interestingly enough, we are sitting at the bottom of a very deep rut in Sonoma County’s real estate graph. Prices are just slightly  higher than last year but I believe this is a unique situation because we are going to be here for a while.
In other words we have an extended opportunity to purchase Sonoma County real estate affordably. We are going to see prices staying very stable for the next year. What does this mean to you? Depends on who you are; first time home buyer, investor or maybe you have outgrown your home and are moving up?
Here are four important tips when looking;
#1. Location is still the king. If you want resale value, you have got to find the best Location. The home defect we are seeing the most right now is the lousy location, maybe on a busy street or near the freeway. If you don’t care about resale value and just want to get your foot in the door, these homes are very affordable but consider that this “defect” can never be cured.
#2. Strength; the stronger you look on paper are the better your chances. You can still buy a home on a shoestring budget but you need to look strong. Get preapproved by a lender, keep copies of all of your financial papers together in case the seller requires a second approval (this in not unusual when buying a foreclosure).
#3. Act fast; educate your self to the market with a Realtor (perferably Ron Welsh) and then be ready to act! The good ones go fast.
#4. Don’t get discouraged; you may miss out on a few, this is part of the education. Stay with it, you are going to make an excellent investment on a great home in one of the most beautiful places on earth.

 

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#1. Whether you just want to drive through it or live in it, Bennett Valley is one of the most desirable areas in all of Sonoma County. Bennett Valley Road winds from Santa Rosa to the “back door” of Kenwood, Glen Ellen and the town of Sonoma.  The properties found along the way are an interesting mix of farm houses, wineries and “estate” properties. 
#2. Bennett Valley is nestled between three peaks; Taylor Mountain to the west, Sonoma Mountain to the south, and what are known today as Bennett Peak and Bennett Ridge to the east. For countless years ash accumulated on the valley floor from these volcanic peaks making the land in Bennett Valley a perfect place for growing premium wine grapes.
#3.  This land made food sources plentiful, attracting many Native American Tribes to the area such as the Miwok, Pomo, and Wappo Tribes. For these first natives, the valley seemed to have mystical importance as hinted at by the name of the stream that flows southeast from what later became Bennett Peak into Sonoma Valley…”Yulupa”. This Native American word translates most closely into English as “sacred” or “magical”.
The best properties are those that enjoy fabulous views and are not too far removed from major shopping. These are two of the reasons that 4728 Bennett Valley Rd is so desirable. With a 3200 sqft Solar Powered home plus a Studio Apartment on 5.5 Acres. It has the views and it’s only two minutes to public golf and five to great shopping and wine country restaurants like Monti’s Rotisserie, Johnny Garlic’s , Gary Chu’s Gourmet Chinese, Osake Japan or Shogun Sushi. This Estate also features a wine cave, an in ground pool with retractable security cover, a spa, a ceramic studio and a large Tree house. It is attractively priced at $1,235,000.
It is also very close to one of the county’s premier private schools, The Sonoma Academy. Stay tuned for more interesting information on Sonoma County Properties.

Ron L. Welsh & Sons;

Seven Generations of Investing in and Serving Sonoma County!

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So many reasons to love Sonoma County…Here are just a few!  Come on out and visit us…we’ll keep you updated on what’s happening and share with you how YOU can be a part of our community.  Come and invest yourself in Sonoma County.

We’ll help you get there!

Sonoma Valley with Bon Voyage
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