Tips and Advice

Are you Selling?

7 Reasons to List Your Home This Holiday Season

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are seven great reasons not to wait: Relocation buyers are […]

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5 Reasons Homeownership Makes ‘Cents’

5 Reasons Homeownership Makes ‘Cents’ | Simplifying The MarketThe American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities. Today we want to talk about the top 5 financial reasons […]

Read More

Low Inventory Causes Home Prices to Maintain Fast Growth

Low Inventory Causes Home Prices to Maintain Fast Growth | Simplifying The MarketThe National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all metros. Lawrence Yun, Chief Economist at […]

Read More

How to Save on a Mortgage Payment Whether Buying or Selling

How to Save on a Mortgage Payment Whether Buying or Selling | Simplifying The MarketIn Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains: “Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest housing markets – and […]

Read More

Moving-Up to a Luxury Home? Now’s the Time!

Moving-Up to a Luxury Home? Now’s the Time! | Simplifying The MarketIf your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.  The inventory of homes for sale in the luxury […]

Read More

Thinking of Selling? You Should Do It TODAY!!

Thinking of Selling? You Should Do It TODAY!! | Simplifying The MarketThat headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY! In a recent article by CBS News, they explained that the number of existing home sales is shrinking, […]

Read More

4 Reasons to Sell This Fall

Some Highlights:

Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available!
Housing inventory is still under the 6-month supply that is needed for a normal housin…

Read More

Net Worth of Homeowners 44X Greater than Renters

Net Worth of Homeowners 44X Greater than Renters | Simplifying The MarketEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth of homeowners was $231,400 – a 15% increase since 2013. At the same time, the median net […]

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The Truth About Homeowner Equity

The Truth About Homeowner Equity | Simplifying The MarketA recent article from a reputable news source was titled: Here’s why some homeowners still can’t sell. In the opening bullets of the article, the author claimed, “Negative equity is one of the main reasons why there are so few homes for sale.” The article then goes on to soften that stance but we want […]

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Are you Buying?

Placer County Real Estate – Median Home Price Up 19% in October Over 2011…Really????

By Frank Valente | Nov 17, 2012

PLACER COUNTY REAL ESTATE UPDATE! Median prices for homes sold in the Sacramento region rose by double digits in October compared with the same month a year before which was recently reported by DataQuick. For Sacramento and Placer counties, it was the largest year-over-year price increase since the height of the housing bubble in late 2005, according to data supplied by the San Diego-based DataQuick. Sacramento’s median home price rose by more than 16 percent from $155,000 in October 2011 to $180,000 in October 2012. Placer County’s median home price rose by nearly 19 percent during the same period, going…

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Penryn California Real Estate update

By Frank Valente | Nov 1, 2012

Penryn California Real estate is a mix of smaller country homes from the 1800’s to larger executive style homes on large parcels and large horse properties.  Today there were on 11 active homes on the market in Penryn priced from 279K at 7372 Orchard to 859K at 8081 Boulder Creek.  That property has 3371 sq ft and is on 5.2 areas. In the last 6 months 16 properties have sold in Penryn California from 150K to 875K. The average price per sq ft has been 195.99 $/sq ft for the last 6 months. For more information on Penryn California Real…

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how to price your home to sell

Short Sale Debt Forgiveness

By Frank Valente | Oct 30, 2012

Short Sale Debt Forgiveness Information Here are a couple common questions and answers on Short Sale Debt Forgiveness What is Cancellation of Debt? If you borrow money from a commercial lender and the lender later cancels or forgives the debt, in other words Short Sale Debt Forgiveness, you may have to include the cancelled amount in income for tax purposes, depending on the circumstances. When you borrowed the money you were not required to include the loan proceeds in income because you had an obligation to repay the lender. When that obligation is forgiven, the amount you received as loan proceeds…

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Short Sale Debt Forgiveness… Will homeowners get relief?

By Frank Valente | Oct 30, 2012

Short Sale Debt Forgiveness…?????  Are you considering doing a short sale?  Have you exhausted the possibilities of a loan modification? One major concern for most homeowners is the tax consequences of doing a Short Sale. By definition if you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable. The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief.…

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Real Estate Housing Report for Placer County, October 2012

By Frank Valente | Oct 27, 2012

Home prices continue to rise risen!!!! This is truly historic numbers for our real estate housing report. In Sacramento county we have seen a 10.5% price increase in home values compared to October 2011(over 12 months ago). Placer county has seen a 7.3% rise in home values over the same 12 month period.  This rise is due to the extremely low inventory of homes available to buyers. In Sacramento, Placer and El Dorado counties, there is now less than a 45 day supply of resale homes.  In a normal or balanced market, we look to have a 3-66 month supply of homes for sale  …

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August Real Estate Housing Report for Placer/ Sacramento Counties

By Frank Valente | Sep 14, 2012

Home prices have risen!!!! This is truly historic numbers for our real estate housing report. In Sacramento county we have seen a 10% price increase in home values compared to August 2010 (over 12 months ago).  This rise is due to the extremely low inventory of homes available to buyers. In Sacramento, Placer and El Dorado counties, there is now less than a 30 day supply of resale homes.  In a normal or balanced market, we look to have a 6 month supply of homes for sale. Real Estate Housing Report!! We have also seen a change in the make up of the Real…

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Historic Low inventory of Homes for Sale in Sacramento including Placer County and Auburn California!!

By Frank Valente | Aug 25, 2012

Lowest Inventory of Homes for Sale Sacrament including Placer County since the year 1980! Currently we have less than a 1 month supply of resale homes in the county of Placer!! Our region has not seen this low inventory of homes for sale since the 1980’s. Any home that is correctly priced is receiving multiple offers. Buyers are willing to pay THOUSANDS of dollars over asking price!!! Three questions come to mind? Why is the inventory so low? Will this low inventory last, and finally what will be the effect on prices? Solutions to consider with extreme low inventory of…

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Short Sale’s will get faster with Fannie Mae and Freddie Mac.

By Frank Valente | Aug 24, 2012

Short Sale’s will get faster with Fannie Mae and Freddie Mac.  The Federal Housing Finance agency (FHFA) is the government receiver for Fannie and Freddie.  The FHFA announce new short sale guidelines that should speed up the short sale process and increase the success rate for homeowners.  To be eligible, a homeowner must have a mortgage whose investor is either Fannie or Freddie.  The new guidelines go into effect on November 1, 2012. A very significant change is that homeowners do not need to be past due on their mortgage.  But they still must prove a “hardship”.   Eligible hardships often…

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HUD Home for Sale in Sacramento

By Frank Valente | May 18, 2012

HUD Home in Sacramento Overview Maps Photos Market Stats  $290,000 Single Family Home Main Features 5 Bedrooms 4 Bathrooms 1 Unit Interior: 3,341 sqft Lot: 0.16 acre(s) Location 3435 Beretania Way Sacramento, CA 95834 USA To get updates on open home dates and other property events, please click the “Like” button below: Our recent listings HUD Home in Sacramento Beautiful Ranchette Home with 19 acres Walk to Historic Downtown Auburn Masterpiece In The Making Build Your Dream Home in Cool, CA   Subscribe to our listing feed Nearby properties for sale

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Frequently Asked Questions

7 Reasons to List Your Home This Holiday Season

By Frank Valente | Nov 13, 2017

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are seven great reasons not to wait: Relocation buyers are […]

Read More

5 Reasons Homeownership Makes ‘Cents’

By Frank Valente | Nov 8, 2017

5 Reasons Homeownership Makes ‘Cents’ | Simplifying The MarketThe American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities. Today we want to talk about the top 5 financial reasons […]

Read More

Low Inventory Causes Home Prices to Maintain Fast Growth

By Frank Valente | Nov 6, 2017

Low Inventory Causes Home Prices to Maintain Fast Growth | Simplifying The MarketThe National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all metros. Lawrence Yun, Chief Economist at […]

Read More

Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

By Frank Valente | Oct 30, 2017

Renting or Buying…Either Way, You're Paying Someone's Mortgage | Simplifying The MarketThere are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical […]

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How to Save on a Mortgage Payment Whether Buying or Selling

By Frank Valente | Oct 26, 2017

How to Save on a Mortgage Payment Whether Buying or Selling | Simplifying The MarketIn Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains: “Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest housing markets – and […]

Read More

Moving-Up to a Luxury Home? Now’s the Time!

By Frank Valente | Oct 18, 2017

Moving-Up to a Luxury Home? Now’s the Time! | Simplifying The MarketIf your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.  The inventory of homes for sale in the luxury […]

Read More

Buying Remains Cheaper Than Renting in 39 States!

By Frank Valente | Oct 17, 2017

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up […]

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Thinking of Selling? You Should Do It TODAY!!

By Frank Valente | Oct 16, 2017

Thinking of Selling? You Should Do It TODAY!! | Simplifying The MarketThat headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY! In a recent article by CBS News, they explained that the number of existing home sales is shrinking, […]

Read More

4 Reasons to Sell This Fall

By Frank Valente | Oct 13, 2017

Some Highlights:

Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available!
Housing inventory is still under the 6-month supply that is needed for a normal housin…

Read More