Tips and Advice

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5 Reasons You Should Sell This Fall!

5 Reasons You Should Sell This Fall! | Simplifying The MarketHere are five reasons why listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! […]

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What State Gives You the Most ‘Bang for Your Buck’?

Some Highlights:

The majority of states in the Midwest and South offer a lower cost of living than states in the Northeast and West.
The ‘biggest bang for your buck’ comes in Mississippi where, compared to the national average, you can actually purc…

Read More

5 Real Estate Reality TV Myths Explained

5 Real Estate Reality TV Myths Explained | Simplifying The MarketHave you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one sitting. When you’re in the middle of your real […]

Read More

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market? | Simplifying The MarketLast week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of all listings had a price cut in […]

Read More

Have You Outgrown Your Starter Home?

Have You Outgrown Your Starter Home? | Simplifying The MarketFor many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment. It may seem hard to imagine that the first home you purchased (which […]

Read More

August 2018 Market Update for Placer and Sacramento Counties

Thes best way to study the market is to observe trends over a 12 month period. So I looked at some key statistics comparing the current quarter of this year with the same quarter last years. Inventory Placer  County   up 6%,  Sacramento County up 22% Solds Placer  County   down  6%,  Sacramento County down 3% Price Placer  County   up 7%,  Sacramento County up 7 %   Is the market changing?  Maybe…… The largest factor I believe that is affecting the market is interest rates.  In the last 12 months, interest rates on residential loans have risen .5-.75 of a point.  The…

Read More

Are You Thinking of Selling Your Home? Competition Is Coming!

Are You Thinking of Selling Your Home? Competition Is Coming! | Simplifying The MarketThe number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. […]

Read More

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 […]

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Are you Buying?

A Clean 5 bedroom 4 bath Home in Rocklin Ca for Sale

By Frank Valente | Dec 11, 2012

Clean 5 bedroom 4 bath in Rocklin CA for Sale Overview Maps Photos Market Stats  $269,900 Single Family Home Main Features 5 Bedrooms 3 Bathrooms 1 Partial Bathroom 1 Unit Interior: 2,677 sqft Lot: 14,375 sqft Location 3590 Farron Street Rocklin, CA 95677 USA To get updates on open home dates and other property events, please click the “Like” button below: Our recent listings Clean 5 bedroom 4 bath in Rocklin Rocklin HUD Home Lincoln Crossings-HUD Home HUD home in prime Roseville location HUD Home in Roseville   Subscribe to our listing feed Nearby properties for sale

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Short Sale Debt Foregiveness 2013

By Frank Valente | Nov 28, 2012

Short Sale Debt Foregiveness  2013?  A key tax provision set to expire at the end of the year could trip up the Obama administration’s push to have banks forgive mortgage debt more often for borrowers who are underwater. Five years ago, Congress passed a law, the Mortgage Forgiveness Debt Relief Act, that would prevent households from having to treating certain types of forgiven mortgage debt as taxable income. If the provision expires as scheduled on Dec. 31, it could throw a wrench not only into efforts to trim loan balances for underwater borrowers, but also for short sales, where banks…

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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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Frequently Asked Questions

5 Reasons You Should Sell This Fall!

By Frank Valente | Sep 6, 2018

5 Reasons You Should Sell This Fall! | Simplifying The MarketHere are five reasons why listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! […]

Read More

Rents Are on The Rise: Don’t Get Caught in The Rental Trap!

By Frank Valente | Sep 4, 2018

Rents Are on The Rise: Don’t Get Caught in The Rental Trap! | Simplifying The MarketThere are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped  A recent article by Apartment List addressed rising rents by stating: “Our national rent index is up 0.1 percent month-over-month, marking the sixth straight month of […]

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What State Gives You the Most ‘Bang for Your Buck’?

By Frank Valente | Sep 1, 2018

Some Highlights:

The majority of states in the Midwest and South offer a lower cost of living than states in the Northeast and West.
The ‘biggest bang for your buck’ comes in Mississippi where, compared to the national average, you can actually purc…

Read More

5 Real Estate Reality TV Myths Explained

By Frank Valente | Aug 30, 2018

5 Real Estate Reality TV Myths Explained | Simplifying The MarketHave you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one sitting. When you’re in the middle of your real […]

Read More

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

By Frank Valente | Aug 29, 2018

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market? | Simplifying The MarketLast week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of all listings had a price cut in […]

Read More

Rent or Buy: Either Way You’re Paying A Mortgage!

By Frank Valente | Aug 27, 2018

Rent or Buy: Either Way You’re Paying A Mortgage! | Simplifying The MarketThere are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, 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 […]

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Have You Outgrown Your Starter Home?

By Frank Valente | Aug 17, 2018

Have You Outgrown Your Starter Home? | Simplifying The MarketFor many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment. It may seem hard to imagine that the first home you purchased (which […]

Read More

August 2018 Market Update for Placer and Sacramento Counties

By Frank Valente | Aug 16, 2018

Thes best way to study the market is to observe trends over a 12 month period. So I looked at some key statistics comparing the current quarter of this year with the same quarter last years. Inventory Placer  County   up 6%,  Sacramento County up 22% Solds Placer  County   down  6%,  Sacramento County down 3% Price Placer  County   up 7%,  Sacramento County up 7 %   Is the market changing?  Maybe…… The largest factor I believe that is affecting the market is interest rates.  In the last 12 months, interest rates on residential loans have risen .5-.75 of a point.  The…

Read More

Are You Thinking of Selling Your Home? Competition Is Coming!

By Frank Valente | Aug 16, 2018

Are You Thinking of Selling Your Home? Competition Is Coming! | Simplifying The MarketThe number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. […]

Read More