Siracki Realty Sees Spike in Home Sales

MIDDLEFIELD — While 2020 brought a spike in sales volume and increased sale prices for residential real estate, it also prompted many challenges and changes to business practices at Siracki Realty.

This wasn’t the first time in its 55-year history that the firm had to adjust to the U.S. market or world circumstances, says Carol Coggins, third-generation broker with the agency started by her grandfather.

Siracki Realty survived the 1980s when interest rates averaged 16.63%, as well as the market crash and predatory lending of 2007. Good things came out of those crisis eras, she notes, including mortgage rates in the 2% to 3% range, low down payments and stricter fair housing regulations.

Coggins says she’s proud to have her family’s fourth generation, her children, working with the agency.