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Valente Realty Group
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Frank Valente
Cell: (916) 257-0893
Office: (916) 290-0332
DRE # License Number: 01365213
Loomis, CA
eXp Realty of California, Inc.
Brokerage DRE # 01878277
More Than Half of All Buyers Are Surprised by Closing Costs
According to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another 35% were stunned by how much higher the fees […]
How to Get the Most Money from the Sale of Your Home
Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at […]
Lack of Existing Home Inventory Slows Sales Heading into Fall
Some Highlights:
The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.
First-time homebuyers made up 31% of all sales in August.
Homes are selling quickly with 51% of homes on the market for less than …
Why Are So Few Homes for Sale?
There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light on the reasons for the […]
More Americans Say Now is a Good Time to Sell!
Recently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents who say now is a good time to sell. The index is now 21 points higher than it was this time last year. Overall, 62% of Americans surveyed […]
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 overall region of Sacramento, Placer, El Dorado, and all price points, the marketing time to get a home under contract is 50 days. But is there a difference depending on price point? Absolutely! If we look at the market for homes under $400K, the marketing time drops to 40 days. But if we look at the the market for homes over $700K, the marketing time is 135 days. One of the unknowns for our market is new home construction. New home builders are really just getting started again in our region. As the availability of new constuction homes increases, we can expect the marketing time for re-sale homes to increase.
Read MoreHome Sales Expected to Increase Nicely in 2018
Freddie Mac, Fannie Mae, and The Mortgage Bankers Association are all projecting that home sales will increase in 2018. Here is a chart showing what each entity is projecting in sales for the remainder of this year and the next. As we can see, each entity is projecting sizable increases in home sales next year. If you […]
Home Prices Up 8% for the Sacramento region.
![Home Prices Up 6.64% Across the Country! [INFOGRAPHIC] | Simplifying The Market](http://d39ah2zlibpm3g.cloudfront.net/wp-content/uploads/2017/08/24140034/20170825-Share-STM.jpg)
Some Highlights:
- The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
- In the report, home prices are compared both regionally and by state.
- Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
- Alaska & West Virginia were the only states where home prices are lower than they were last year.
5 Reasons to Sell This Fall
Here are five reasons 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 […]
Looking for Your Dream Home? Know What You Want vs. What You Need
In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d […]
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TESTIMONIALS
“Frank helped me find a perfect house for me and my family and it was a very simple, easy process. He followed up often, we talked on the phone or via email. He made sure that the underwriter was doing everything on time so we could move in on time.”
“They were super helpful and walked me through purchasing my first home and were always available, always responsive which made what could have been a really intimidating process very easy, pain-free, and smooth. I asked him a ton of really dumb questions because as a first-time buyer I didn’t know what I didn’t know and rather than pointing me to the answer he went the extra mile and got all of the detailed information for me.”
“We were very happy with it. They advised us that we were asking too much and so we lowered it which they didn’t think was enough yet, but we wanted to try it. So we tried it for several months and it didn’t work so we lowered it again and got a bite. They were honest with us and Mary was very personable and she showed us many homes. We are in our eighties and we had some restrictions at the time so they were always very careful to see that they didn’t take me any place that I couldn’t get around. They have become very dear friends.”
Frank Valente
Cell: (916) 257-0893
Office: (916) 290-0332
DRE # License Number: 01365213
Loomis, CA
eXp Realty of California, Inc.
Brokerage DRE # 01878277
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