This is part two of the series REOs vs. Short Sales and today I want to discuss what benefits and disadvantages REOs and short sales offer the home buyer.
It’s all about Price… Or is it?
I mentioned in the earlier post that most home...
Thursday, December 4, 2008 | Sacramento Real Estate Blog
From the Sacramento Bee: Chicago-based Kimball Homes, a significant home builder in the Sacramento region since 1995, announced Tuesday it will close its business in coming months. The announcement comes eight months after the builder, once among...
Wednesday, December 3, 2008 | Sacramento Land(ing)
From Inman News:In Sacramento, Calif., the price per square foot fell 31.9 percent from September 2007 to September 2007, according to Radar Logic.From the Sacramento Bee: Is the foreclosure phenomenon at last beginning to peak in California? Home...
Tuesday, December 2, 2008 | Sacramento Land(ing)
This question seems to come up a lot with home buyers, so I would like to deal with it in detail. I will be covering this topic in a two part series. Today we’ll discuss how REOs and short sales come to the real estate market. Since most...
Tuesday, December 2, 2008 | Sacramento Real Estate Blog
It's no secret now that I have been away for the last few days. I will continue the rest of this Thanksgiving "vacation" at home while I catch up on everything I missed while I was away, but I must say sometimes one needs to leave home to realize...
Tuesday, December 2, 2008 | Sacramento Real Estate Gal
If there is one place foreclosures have forgotten it’s downtown Sacramento and while the area is not completely immune to the real estate downturn, home buyers are swooping down on foreclosures here as soon as they hit the market. The...
Sunday, November 30, 2008 | Sacramento Real Estate Blog
In a recent market update for real estate sales in Natomas, we had mentioned that sales were up 130% with heavy competition. Well, here we are - 4 months after that post and the headline could still read that. Sales are 127% higher than they were...
Saturday, November 29, 2008 | Sacramento Real Estate Blog
Homeowners in the Pocket area of Sacramento should be pretty thrilled. They have a lot to celebrate. The average sales price in the 95831 zip code has actually gone up from September’s $298,663 to $339,079 - that’s an increase of 13.5%...
Friday, November 28, 2008 | Sacramento Real Estate Blog
It’s not just turkey day, folks! And I thought I would come up with a few things that home buyers, home sellers and homeowners could do this Thanksgiving to brighten up the holiday spirit and also achieve their goals regarding their houses....
Thursday, November 27, 2008 | Sacramento Real Estate Blog
A notice of preparation for an EIR has been filed for the McKinley Village Project in east Sacramento. The proposed project includes the development of up to 405 residential units with an intimate urban parks and common greens; a village green...
Wednesday, November 26, 2008 | LivingInUrbanSac
From the Sacramento Bee: Sacramento-area home prices declined at nearly triple the national average during the past year, according to a new Loan Performance Home Price Index from First American CoreLogic. The property research firm said September...
Wednesday, November 26, 2008 | Sacramento Land(ing)
Rosemont has entered some stability between last month’s and this month’s numbers for real estate sales and prices, but with 46 bank-owned homes still on the market (that’s only a one-month inventory, by the way) and 112 active...
Wednesday, November 26, 2008 | Sacramento Real Estate Blog
Sometimes, Realtors® seem to speak a language all their own. I still remember being a new Realtor® and being completely confused during an office meeting with the acronyms: RPA-CA, CMA, WPA and so on. What in the world did it all mean? And now,...
Tuesday, November 25, 2008 | Sacramento Real Estate Blog
Since I’ve met quite a few home buyers from Sacramento interested in buying a vacation home in the Pollock Pines area, I feel the need to include a market update on the real estate goings-on uphill. So here it is!
You probably know this...
Monday, November 24, 2008 | Sacramento Real Estate Blog
Bargains abound in Arden-Arcade and real estate buyers are lapping them up! To give you an idea of the home sales market consider this fact: there are currently 101 foreclosures in the zip codes of 95821, 95825, 95864 but they only make up only 3...
Sunday, November 23, 2008 | Sacramento Real Estate Blog
The Orangevale real estate market is having trouble finding a bottom. Homes in this nice little community nestled close to the Sunrise Mall, Fair Oaks and Citrus Heights are still declining in price. The reason, of course, is the number of...
Saturday, November 22, 2008 | Sacramento Real Estate Blog
From the Sacramento Business Journal: California and the Sacramento region’s jobless rates both increased a half-percentage point, reaching the highest levels since 1994....The Sacramento area’s jobless rate increased to 7.9 percent, from 7.4...
Friday, November 21, 2008 | Sacramento Land(ing)
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