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…Read More
How many months will your home be on the market before you are under contract. I just pulled some statistics for Placer, Eldorado, and Sacramento county. One way to study the market is to compare the number if ACTIVE homes versus the number of SOLD homes (for a particular market and time frame). For the…Read More
Real Estate Agents, Brokers, Buyers, and Sellers are targets for wire fraud. Many people have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email. A hacker may break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine…Read More
Many real estate economists have called on new home builders to ramp up production to help relieve the shortage of inventory of homes for sale throughout the United States. The added inventory would no doubt aid buyers in their search to secure their dream home, while also helping to ease price increases throughout the country. […]Read More
Historically, the choice between renting or buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%)…
We are in a definite Seller’s market in the Sacramento region. This market can be frustrating for buyers. However, here are some thoughts on how to deal with market and also still take advantage of our market. First, as a buyer accept the fact that this is a seller’s market. But set your budget. Make…Read More