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Napa home sales: prices soar, multiple offers the new normal


Ask local realtors about the Napa County real estate market so far this year and you’ll pretty much hear the same two-word answer: very busy.
Home sales from January to March have been “even more overwhelming than 2020,” said Suzy Anderson, with Coldwell Banker Brokers of the Valley. “I think everybody in the Bay Area is moving to Napa Valley.”
“I’m not seeing a slowdown,” said realtor Florence Ropelewski with Re/Max Gold Napa. “Until we get more listings it’s going to remain very, very competitive for buyers.”
Support local news coverage and the people who report it by subscribing to the Napa Valley Register. ....

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Napa County foreclosures fall in 2020


The number of Napa County residents faced with losing their homes to foreclosure fell to record lows in 2020, according to Napa County assessor data.
Only eight homes were lost to foreclosure in 2020, compared to 23 in 2019 and 27 in 2018. To compare, at the height of the recession in 2008, 749 Napa County homes were lost to foreclosure.
Napa Valley real estate expert Logan Songer of Coldwell Banker Brokers of the Valley isn’t surprised.
“The housing market has been one of the silver linings of this pandemic,” he said.
There could be two factors at play, said Songer.
One, a statewide eviction and foreclosure moratorium meant to protect Californians impacted by COVID-19. ....

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