Market Conditions in 95823 : Advice

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Phil Rotondo, Real Estate Pro in 32940
Phil Rotondo answered:
Stability of home values this yesr?
I agree that foreclosures sales were up in the first 3 months of the year.
As far as predictions, they are very difficult especially when it's about the future.
0 votes Share Flag Sat May 21, 2011 Market Conditions in Sacramento
Elizabeth We…, Real Estate Pro in Sacramento, CA
Elizabeth Weintraub answered:
How do you get started doing BPOs?
Sign up with banks and companies that hire BPOs. I get solicitations in my email all the time. You can also sign up on Equator. But the question is why would you want to? LOL. It's ... more
0 votes Share Flag Tue May 10, 2011 Market Conditions in 95831
Coldwell Ban…, Real Estate Pro in Walnut Creek, CA
Coldwell Banker answered:
California is recovering; Sacramento's not?
The central valley will definitely be slower to recover than the coastal areas. Those areas in general did not lose as much value as the central valley and were more stable. Just a few ... more
0 votes Share Flag Thu Mar 31, 2011 Market Conditions in Sacramento
Keisha Mathe…, Real Estate Pro in Sacramento, CA
Keisha Mathews answered:
I would like to know overall ratings on centex builders
Hi Jone

Maybe this will help you.
http://www.jdpower.com/homes/ratings/home-builder-customer-satisfaction-ratings/sacramento/

Hope that helps, Keisha :)
0 votes Share Flag Sun Jan 23, 2011 Market Conditions in Sacramento
Jim Walker, Real Estate Pro in Carmichael, CA
Jim Walker answered:
Will the Election Results Impact Real Estate?
The election results will influence the Virginia and Maryland suburbs of Washington, D.C. as there will be a lot of moving boxes out and in.

You can expect that Republicans will work ... more
0 votes Share Flag Tue Nov 9, 2010 Market Conditions in Sacramento
Jim Walker, Real Estate Pro in Carmichael, CA
Jim Walker answered:
Sacramento agents, what is your months of inventory? WSJ is reporting 3.8 months and saying that's a 50% increase. Seems unreasonable.
I eliminated the category of short sales in contract, but awaiting bank approval, to arrive at the number of 9433. If you add those the number shoots up to 12,274.

I am using Sacra ... more
0 votes Share Flag Fri Nov 5, 2010 Market Conditions in Sacramento
Elizabeth We…, Real Estate Pro in Sacramento, CA
Elizabeth Weintraub answered:
My is house rented out at 7428 Balfour Way, Sacramento, CA 95822. It is 1600 sf 3 br /2 bath. Great landscaping. Should I keep it rented or hold on?
I don't see a recovery on the horizon any time soon and, in fact, predict prices will take another dip. But we all use different crystal balls. You have to do whatever is right for ... more
0 votes Share Flag Wed Jul 7, 2010 Market Conditions in Sacramento
Elizabeth We…, Real Estate Pro in Sacramento, CA
Elizabeth Weintraub answered:
Does the Sacramento area make good sense for investment in real estate?
The Sacramento real estate market is very hot for investors right now. That's because if the deal pencils, there are 10 investors vying for every home. I list a lot of short sales ... more
0 votes Share Flag Sun Feb 27, 2011 Market Conditions in Sacramento
Elizabeth We…, Real Estate Pro in Sacramento, CA
Elizabeth Weintraub answered:
Any agents found a way to battle appraised values for FHA loans? Seems most of the appraisers are not choosing good comps and don't want to
The first thing I do is look up the appraiser's address to figure out if they are even from the area. If they are from out-of-area, and many are, I pull the comps that match the s ... more
0 votes Share Flag Thu Jul 1, 2010 Market Conditions in Sacramento
Jay Emerson, Real Estate Pro in Fair Oaks, CA
Jay Emerson answered:
we are trying to buy a house either Greenhaven/ pocket area or hollywood park area Which area is better for the future if we want to sell later ??
See the data for each zip code: http://JayEmerson.com/Communities.
0 votes Share Flag Tue Jul 6, 2010 Market Conditions in Sacramento
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
Sacramento Housing Market
Hi Lise,

You can review basic Sacramento stats here as a start:
http://www.trulia.com/real_estate/Sacramento-California/market-trends/

Best, Steve
0 votes Share Flag Thu Jul 8, 2010 Market Conditions in Sacramento
Elizabeth We…, Real Estate Pro in Sacramento, CA
Elizabeth Weintraub answered:
What is the top 10 % of the markets price range for Sacramento?
Do you mean luxury homes? Some of those homes are located in Land Park, East Sacramento, Fair Oaks, Sierra Oaks, etc. Those prices range from $1 million to about $5 million. The most ex ... more
0 votes Share Flag Fri Nov 5, 2010 Market Conditions in Sacramento
Ute Ferdig -…, Real Estate Pro in Newcastle, CA
Ute Ferdig - Atty. Negotiator answered:
In the 95822 area (Balfour Way) I have a house rented for $1200.00/month for a 3/2 w/ nice landscaping and good condition. Should I raise the price.?
Hello Eileen. You can go to www.rentometer.com and put in the property information to get an idea of how much your house should rent for. Please keep in mind, that there is also value ... more
0 votes Share Flag Sat Oct 17, 2009 Market Conditions in 95822
Bill Belby, Real Estate Pro in 23464
Bill Belby answered:
I own a 22 year old home in 95822 (Balfour Way) that I have rented. I am the original owner. Should I keep it for long term considering the area or?
Are you making money from your rental ? Is it being kept up? Do you need to sell It? Is it a business that you like? Owning rental property is one of the best ways to invest in your f ... more
0 votes Share Flag Sat Oct 17, 2009 Market Conditions in 95822
Dale Warfel, Real Estate Pro in San Jose, CA
Dale Warfel answered:
Property Managers and qualifying tenants -- how to best do this in the South Sac area?
Reenu, I have some excellent resources in the Sacramento area. I have sent many investors to work with them. They are very familiar with the area and can update you on the current ren ... more
0 votes Share Flag Tue May 12, 2009 Market Conditions in Sacramento
Sue Archer R…, Real Estate Pro in Tampa, FL
Sue Archer Reynolds answered:
I want to see options about loan modifications
are you asking about loan modifications or loan refinancing? Loan modifications are done by your existing lender, and normally based on some current or pending financial hardship situat ... more
0 votes Share Flag Mon May 11, 2009 Market Conditions in Sacramento
Elain Szu, Home Buyer in 94123
Elain Szu asked:
Buyers & Sellers: What would you want to learn more about? Foreclosures, mortgages, local trends...? Trulia Elain here and we're looking for ways to meet the needs of HOME BUYERS and SELLERS -- in YOUR area about topics that most care about. Take two seconds to let us know here:ht...
0 votes Share Flag Mon Mar 23, 2009 Market Conditions in Sacramento
Sue Archer R…, Real Estate Pro in Tampa, FL
Sue Archer Reynolds answered:
What agency, research firm or brokerage keeps current stats on rental property vacancy rates in Sacramento?
Try this site. http://sacrealstats.blogspot.com/2007/01/vacancy-rates-continue-to-climb.html

There's rates for apartment buildings or commercial buildings that are separate.
0 votes Share Flag Wed Jan 28, 2009 Market Conditions in Sacramento
Elizabeth We…, Real Estate Pro in Sacramento, CA
Elizabeth Weintraub answered:
How long will the bank owned business stay?
I believe buyers are much more pessimistic than real estate agents. I've heard agents say the market will bottom in 2009, but I'm also seeing a ton of REO inventory that is not yet on t ... more
0 votes Share Flag Wed Jan 21, 2009 Market Conditions in 95835
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