I pulled some numbers, wanted to see what’s going on in Sacramento, beyond what I experience everyday of using the Metrolist, showing homes, and doing property valuations. Please note I use single family residences-homes, condos and that includes homes on acreage. It doesn’t include mobile homes, empty lots, more than 1 home on a lot,…
Continue Reading »
This Sacramento Real Estate market is crazy!! Eldo, Yolo, Sacto, and Placer Counties combined have only 2325 homes available (houses and condos)!! Down from 3380 six months ago, and 4500 one year ago. Tough times for buyers-there are record numbers of offers on listings. Values flying upwards in some areas, steady but slow climb in…
Continue Reading »
Very sorry to report that CHDAP-CALIFORNIA HOMEBUYER DOWN PAYMENT ASSISTANCE PROGRAM, has been immediately and temporarily suspended. If you were using this program for downpayment assistance with an FHA loan, and you’re already in contract to purchase a home in the Sacramento area, check with your lender immediately. You may be ok. If you are…
Continue Reading »
Tuesday morning, and just did a quick search on the Metrolist–a quick stats analysis, I am always measuring the market and activity. Looking for multiple examples of trends changing, bringing us to the next market. Given the MLK Holiday, it looks almost like a slow down. Thank goodness for being able to take a breath….
Continue Reading »
Happy New Year and welcome back to the same Sacramento real estate market that is beginning to chug along again with buyers moving at break neck speeds to get an advantage on the competition. While some things have changed, many have not–multiple offers on just about every property, especially those that are cosmetic fixers or…
Continue Reading »
This is a quick follow up to my post from the other day regarding a Short Sale listing with 26 OFFERS! – I will be brief, as this is a true “nuff said” kinda deal–The other day I toured a Short Sale home in Elk Grove with some home buyers. There were about a dozen potential buyers…
Continue Reading »
Out touring property a couple of days ago and couldn’t wait to get to the computer and vent!! Then got busy writing offers, so venting had to take a back seat….until now. The photos on Metrolist looked REALLLLY good. Cherry cabinets, tile floors, nice trim and casing. But, when we got to the house and…
Continue Reading »
It’s been a crazy week of running to the north end of the county, shuffling my way thru traffic on 99 South to Elk Grove, and returning back out to Granite Bay….all in search of the elusive “accepted contract” on behalf of Real Estate buyers. My buyers are smart though. They are, as the kids say,…
Continue Reading »
I’ve then “warning” of this for some six months now, and while exciting, it does prove to make the real estate market somewhat difficult to manuever in, especially for buyers, with multiple, multiple offers on many properties. We’ve got a hot market! Most home sellers are recieving multiple offers, especially on turn key fabulous homes….
Continue Reading »
Actually, this is a cute story, and no, my IPAD was not stolen. I’ve a short sale in Sacramento listed and under contract. That took a quick 7 days with multiple offers–don’t forget, there are lots of home buyers right now! About a week after the home went into contract, Mrs. Seller texts me that…
Continue Reading »