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Independence Day


“Democracy is the government of the people, by the people, for the people”~ Abraham Lincoln “Those who desire to give up freedom in order to gain security will not have, nor do they deserve, either one.” ~ Benjamin Franklin
Sunday, July 4, 2010  |  LivingInUrbanSac

Can you hear me now? Announcing Audio Posts on the Sacramento Appraisal Blog


I’m very excited to announce that I started an audio component to the Sacramento Appraisal Blog. Well, I actually began doing some “podcasts” earlier this year, but things will really be taken to a whole different level now....
Saturday, July 3, 2010  |  Sacramento Appraisal Blog

Fireworks stolen from local church: Let’s respond!!


I got news a couple hours ago that fireworks for the annual youth fireworks fundraiser at Cordova Neighborhood Church were stolen late last night from the metal storage container on church property. Thieves broke in and took nearly...
Friday, July 2, 2010  |  Sacramento Appraisal Blog

Considering Buying a Home this Summer?


If one of your financial goals this summer is to buy a home (and you’re tired of me talking all the time here) you should make it a priority to go to the official Fannie Mae website. If you are a first time homebuyer, this is especially...
Thursday, July 1, 2010  |  Sacramento Real Estate Blog

Downtown Plaza in the News


It looks as though Westfield's Downtown Plaza has some good news. 24 Hour Fitness is planning to double the size of the gym by expanding from the first-floor location into the second floor where Copeland Sports use to be. Planned is...
Thursday, July 1, 2010  |  LivingInUrbanSac

Flat vs. Hipped Roof: What is your vote for this Sacramento house?


I took this photo a few days back as a comp photo for an appraisal I’m doing near the Del Paso Heights area of Sacramento. This image tells an obvious story of a new roof being installed – but not just a newer roof, but a different...
Thursday, July 1, 2010  |  Sacramento Appraisal Blog

Top Credit No-Nos During a Home Purchase


An associate sent me this in my email and I think it’s important that every home buyer know these top ten no-nos when it comes to their credit during the home buying period. I had earlier shared that Fannie Mae has adopted a new loan...
Tuesday, June 29, 2010  |  Sacramento Real Estate Blog

Low Duplex Sales in the South Sacramento Area


I’m doing some research for a duplex in South Sacramento. I thought readers would be interested to see a trend graph of all sales over the past twelve months for 2-4 unit properties (duplex, triplex, fourplex) within the South Sacramento &...
Tuesday, June 29, 2010  |  Sacramento Appraisal Blog

The Railyards


Despite the start of foreclosure proceedings with the Railyards a couple weeks ago, infrastructure and construction progress moves forward with all of the earth work needed for the three 5th and 6th Streets bridges has now been completed. It’s...
Tuesday, June 29, 2010  |  LivingInUrbanSac

East Sacramento Real Estate Market Update: May 2010


It’s been a while since we took a look at our favorite real estate market - East Sacramento. The last time we took a look in the month of February the market was busy on its road to some sort of stability and recovery. I’m happy to...
Monday, June 28, 2010  |  Sacramento Real Estate Blog

Arena Land Swap Under Study


As reported by the Sacramento Business Journal, Cal Expo leaders agreed Friday to study whether the three-way land swap proposal for an arena would work for the state fairgrounds financially and physically. The Cal Expo Board of Directors accept...
Saturday, June 26, 2010  |  LivingInUrbanSac

Fair Oaks Real Estate Market Update: May 2010


The Fair Oaks real estate market continues in its painfully slow steadying. 31 homes sold this month, an overall decline of 24% in unit volume from a year ago when 41 homes had sold that May. Foreclosures alone declined 50% year over year and even...
Friday, June 25, 2010  |  Sacramento Real Estate Blog

Home Listing Prices May Be More in Line with Homebuyer Expectations


Well, maybe. Or home sellers and banks are just waiting to see how aggressive (or passive!) home buyers will be this year. With the hottest months of the year arriving, both in real estate and in terms of the weather, listing prices have steadied....
Thursday, June 24, 2010  |  Sacramento Real Estate Blog

Arden-Arcade Real Estate Market Update: May 2010


Real estate sales in the Arden-Arcade area have picked up since we last took in a look in February of this year but we have yet to see if this is because of the summer/spring bounce in sales or it is sustainable over the year. 88 homes sold in the...
Wednesday, June 23, 2010  |  Sacramento Real Estate Blog

Where’s the Balance?


As with all other cycles, this real estate cycle of excesses will end. So says - in paraphrase - David Crowe, chief economist of the National Association of Home Builders. The Los Angeles Times reported that it may seem odd to talk of shortages in...
Tuesday, June 22, 2010  |  Sacramento Real Estate Blog

Rubicon’s Financial Strategy for AuthentiCity


Below's a funding outline for the proposed AuthentiCity and Boqueria California Plan. By summarizing Rubicon’s project into two financial columns (equity & public funding) the city staff oversimplified Rubicon’s funding strategy. This led the...
Monday, June 21, 2010  |  LivingInUrbanSac

Land Park Real Estate Market Update: May 2010


Some interesting changes year over year in the real estate landscape of Land Park - I’m glad I took a peek! 16 homes sold in the neighborhood liked by quite a few homebuyers. This number was 15.8% lower than it was a year ago in May. 3 of...
Monday, June 21, 2010  |  Sacramento Real Estate Blog

Boqueria Open Forum Scheduled


Please join hosts Michael Tuohy, Executive Chef of Grange, and Dan Best of Certified Farmers’ Markets in an open forum to learn more about and the Boqueria California plans for the JKL corridor. The event is open to the public and will be held...
Saturday, June 19, 2010  |  LivingInUrbanSac

Homebuyers in Escrow: Federal Tax Credit Extended!


I received this “hot off the press” in my mailbox yesterday, so technically it is not breaking news, but I know so many homebuyers who are upset about delayed escrows and extended timelines lately in the real estate process that this...
Thursday, June 17, 2010  |  Sacramento Real Estate Blog

D&S and Taylor Recommended for K Street


The Sacramento Business Journal’s reporting that the Ad Hoc Committee of five-members has recommended both D & S Development and David S. Taylor Interests Inc., to develop vacant parcels on the 700 and 800 blocks of the pedestrian-oriented...
Wednesday, June 16, 2010  |  LivingInUrbanSac


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