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Showing posts from 2017

More Boomerang Buyers Are About To Enter The Market

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More Boomerang Buyers Are About To Enter The Market   We previously  informed  you about a study conducted by  TransUnion  titled,  “The Bubble, the Burst and Now – What Happened to the Consumer?”   The study revealed that  1.5 million homeowners who were negatively impacted by the housing crisis could re-enter the housing market between 2016-2019 . Recently ,  HousingWire  analyzed data from the  US Bankruptcy Courts  and revealed that 6 million Americans will have their bankruptcies disappear off their credit reports over the next five years and that this could “ possibly send a flood of more homebuyers into the housing market. ” The chart below shows the total number of bankruptcies filed by year in the US over the last 10 years. The light blue bars represent over 3.3 million people who have already waited the 7 years necessary for their reports to no longer include their bankruptcies. How would this “ send a flood of more homebuyers into the housing market ”? As the

For Sale/Sold/Pended in ZIP 95608

For Sale/Sold/Pended in ZIP 95608 : For Sale/Sold/Pended in ZIP 95608 (Single Family Homes, SQFT Range: 2000 - 2599, Bedrooms: 3 - No Limit, Full Baths: 2 - No Limit, Half Baths: 1 - No Limit, Year Built: 1980 - No Limit)

4 Reason to buy this summer!共4个原因今年夏天买房地产的原因

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4 Reasons to Buy This Summer! Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise   CoreLogic’s  latest  Home Price Index   reports  that home prices have appreciated by 7.1% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.9% over the next year. The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.   2. Mortgage Interest Rates Are Projected to Increase   Freddie Mac’s Primary Mortgage Market Survey   shows  that interest rates for a 30-year mortgage have remained around 4%. Most experts predict that they will begin to rise over the next 12 months.  The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors  are in unison, projecting that rates will increase by this time next year. An  increase in rates  will impact YOUR monthly mortgage payment. A year fro

Housing Inventory Snapshot in Sacramento 在薩克拉門托,住房

Housing Inventory Snapshot in Sacramento 薩克拉門托,住房 I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. Housing Inventory Snapshot April 30, 2017 Average List Price 30 Days Trend Median List Price 30 Days Trend Average DOM: active 30 Days Trend Number of Listings El Dorado County, CA Single Family under $400K $319,946 4.49% $329,000 6.13% N/A*** N/A*** 132 Single Family over $400K $806,168 -0.33% $675,000 2.43% N/A*** N/A*** 479 Condo/Townhome over $200K $426,519 -4.70% $275,000 -14.60% N/A*** N/A*** 13 Placer County, CA Single Family under $400K $342,759 1.46% $359,900 0.25% N/A*** N/A*** 116 Single Family over $400K $804,326 4.90% $619,000 0.00% N/A*** N/A*** 676 Condo/Townhome over $200K $289,709 -6.38% $279,900 -0.04% N/A*** N/A*** 20 Sacramento County, CA Single Family under $250K $212,640 0.64% $220,000 0.23% N/A*** N/A*** 183 Single Family over

Apple gets approval to test self-driving cars on California roads. 蘋果獲得批准在加州道路上測試自駕車

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蘋果獲得批准在加州道路上測試自駕車 Apple's  not-so-secret plans to create self-driving car technology just received a new jolt with approval by the California DMV. On Friday, the Department of Motor Vehicles updated its website  with permit approvals for testing self-driving vehicles on public roads, and the iPhone-maker was one of them. "The permit covers three vehicles, all 2015 Lexus RX450h, and six drivers," a DMV spokeswoman told Business Insider. Enlarge The California Department of Motor Vehicles updated its website with permit approvals for…  more MICHAEL NAGLE/BLOOMBERG The news comes following reports earlier this year that showed the Cupertino company was scaling back efforts in its secretive self-driving car project, project Titan, which has never been officially announced by Apple (NASDAQ: AAPL). Executives had reportedly given a deadline for the team to show feasibility by the end of 2017. The DMV's rules state that any company that wants to u

Last week's economic news review. 上週的經濟新聞評論

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上週的經濟新聞評論 Last Week’s Economic News in Review April 12, 2017 Construction spending hit a near 11-year high, monthly employment saw mixed performance but was positive overall, and layoffs saw a solid decline.  Construction Spending   Construction spending in February returned to a growth trajectory, increasing to an annual rate of $1.19 trillion, which was 0.8 percent over January’s estimate of $1.18 trillion, the Census Bureau reported. While this was slightly off from economists’ projections of 1 percent growth, it was a positive turn from the previous month’s 0.4 percent contraction, and enough to put construction spending at the highest level since April 2006.  Spending on private construction in February hit an annual rate of $917.3 billion, which was 0.8 percent higher than January’s pace of $910 billion, with residential construction surging to an annual rate of $484.7 billion, which was 1.8 percent over January’s rate of $476.1 billion. Construction of single-

About Sacramento County. Art and Things To Do 沙加緬度.藝術和活动的地方,

Art and Things To Do 沙加緬度.藝術和活动的地方 About Sacramento County Learn all about the Sacramento County region and government. You’ll find the latest news from the County, information about our cities, basic facts about the area’s history, and great opportunities for fun and recreation or to conduct business. Check out our attractions and our renowned 15,000- acre Regional Park system! ​Activities, Attractions and Resources Parks and Recreation  

California Automobile Museum 加州汽车博物馆

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“The mission of the California Automobile Museum is to preserve, exhibit, and teach the story of the automobile and its influence on our lives.” How the Museum Got Started by Dick Ryder –  Founder,  Original CEO/President Inspiration Early 1982 – Remember Bill Harrah’s car collection… so called “the largest in the world?” Bill was a young man, only 66… They don’t die that young…do they? He did. And, so far as we know he left no plan for that HUGE bunch of cars. Being a curious kind of guy, I asked and snooped around, and as far as I could find out, no other car collector, at least on the west coast, had made plans beyond his death. The truth was, there was no car collection in perpetuity. So… if we’re going to do something about it, we better get busy! On the Road to a Car Museum What’s going on at Harrah’s? Only one way to find out… go and see them. Joined by my real estate partner and attorney (who was also my nephew by marriage) Burl Waits. He was not particularly