July wasn’t what we in the real estate industry had expected. Less sales and still no inventory so it got everyone wondering if there was a shift coming in the marketplace. We usually have a slow down in July, due to the Sonoma County Fair…don’t ask me why it just happens…. so was it just that? The real estate market in California pretty reliably follows a 7 year cycle and it could be that also….NO ONE thinks we are heading into a repeat of the 2008-2012 down turn. I have been selling real estate for 26 years and I must say I have seen the market follow the 7 year up and down. Below are numbers about the July market in Sonoma County. I will be posting monthly blogs so we can see what direction the market is headed.