Sacramento Real Estate

The challenges facing prospective buyers of the least expensive homes in the U.S. are getting harder to overcome. Already beset by  stagnant wages , growing student debt and competition from investors who are snapping up listings, those looking to purchase moderately priced houses must also provide more cash up front. The median down payment for the cheapest 25 percent of properties sold in 2013 was $9,480 compared with $6,037 in 2007, the last year of the previous economic expansion, according to data from 25 of the largest metro areas compiled by brokerage firm  Redfin Corp . The higher bar is a symptom of still-tight credit that is crowding out first-time buyers even as  interest rates  remain near historical lows. Younger adults, who would normally be making initial forays into real estate, are among those most affected, weakening the foundations of the housing market and limiting its contribution to economic growth. Homeownership Reconsidered “The numb...

DATA PROVIDED BY RYAN  REHNQUIST  VIA  http:// sacramentoappraisalblog.com/ Kids are back in school and the market for the past 3 months have been FLAT!    Ryan Lundquist has an interesting data set you should read to see what the appraisers are seeing in our market place and also what our buyers and sellers are seeing too. Prices are flat, inventory is up, average days to sell is up to 40 days, sales are down compared to last year but only because there’s a big gap on last year’s cash sales vs this year’s cash sales.  Data is showing that we’re in a normalizing market after all is said and done and hopefully a good sign for our business.  價格一直持平在薩克拉門托地區 3 個月：價格持平，庫存上升，平均日銷售達 40 天，銷量下降與去年同期相比，但僅僅是因為有去年的現金銷售比今年的現貨銷售有很大的差距。 1) Prices have been flat for three months in the Sacramento Region: The median p rice has been the same for three months in the Sacramento Region, which shows the market has definitely cooled off. There may be ...

Chinese Real Estate Investors 中國人 來美國投資 房地 產 The US housing market looks like it’s going to get a big boost in the near future. Some investors from abroad are starting to make big land grabs and the trend doesn't look to be slowing anytime soon. China seems to be the big money behind the most recent round of big purchases. $22 billion has been spent so far from Chinese real estate investors. This is about a quarter of all foreign real estate purchases. They’re paying cash and buying expensive, according to the latest reports. An average home goes for just shy of $600k. Some of the states benefiting the most from the rising home prices include California and Washington. This is good and bad news for your average real estate investor. The good news is that prices should be rising so your investments are going to start paying off sooner than they would otherwise. The bad news is that the market is becoming a lot more crowded. Vacation properties and rental units are being ...

Organizers seek donations for Sacramento farmers market 主辦單位尋求捐款薩克拉門托農貿市場. Organizers of an effort to add a mural to the site of a popular Sacramento farmers market are ramping up their efforts to solicit community donations, beginning with an upcoming dinner at Mulvaney’s B&L . The Aug. 1 dinner, prepared by Patrick Mulvaney , will include four courses with a farm-fresh theme. It costs $75 per person or $750 for a 10-person table, with proceeds benefitting the mural campaign, dubbed Bright Underbelly . The 70,0000-square-foot mural would add color to the gray cement that dominates a farmers market held Sundays underneath the freeway at Eighth and W streets. The fundraising dinner is limited to 125 guests, according to Tre Borden , project manager for the mural effort. Tickets were available online, but sold out by Friday afternoon. Borden is working with Sacramento-based L/C Mural & Design for the project, which would cover the space above the farmers market as well as...

HEALTH & SAFETY 7 health myths that might surprise you (BPT) - Living a healthy life takes some resolve, but success often comes down to knowing what pays the biggest dividends for a given effort. Health coaches are great sources for this insight. They’ve seen it all on the job and learned a lot in their training. Myth No. 1: An aerobic workout boosts your metabolism all day.  Wrong, it just burns calories while you’re doing it. Muscle-strengthening exercises, however, will burn calories long after your workout. Myth No. 2: If you don’t break a sweat, it’s not a workout.  Wrong, sweat is just the body’s way of cooling itself. A better reflection of effort is the talk test: your workout is moderate if you can talk, but not sing, and vigorous if you need to take a breath every few words. Myth No. 3: You should stretch before you exercise.  Not really, you could hurt yourself. Better to stretch after you’re warmed up with light, smooth movement of gradually i...

The meaning behind the name "China" Did you know? The Chinese name for China is called " Zhōng Guó " (中国), which literally translates into “Middle Kingdom”. First used almost 3,000 years ago during the Zhou Dynasty (1066-771 BC), the name reflected their ancient worldview that China was at the center of the world. The name is so apt that even centuries later today, the name has not changed.

Potential Safety Issues, Possible Health Hazards, a Need For Pest Control – Reasons Not to Let Your Client Skip the Inspection Process Homebuyers will have a lot of tasks to take care of and checks to write before the deal can be finalized on their new property. No matter how prepared they may have felt entering into the buying process, it can be very overwhelming and stressful to shell out so much money. So when the time comes to schedule the inspection, it may cross their mind to just skip that part and it’s cost. However, there are many important reasons for a real estate agent to step in and encourage their client not to go that route. Home inspections can reveal unappealing circumstances about a property (potential safety issues, possible health hazards or the need for pest control) that should be dealt with before the final contract is signed. Real Estate Agent’s Role in the Inspection As mentioned above, perhaps the most significant role a real estate agent plays in th...