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Market Conditions in Sacramento : Real Estate Advice

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Activity 114
Sun May 24, 2015
Steven Sallaz answered:
would i get robed if i walked my dog in this neighborhood ????
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Sun May 24, 2015
Steven Sallaz asked:
This question was asked from http://www.trulia.com/rental/3171061958-Multi-Family-Home-Sacramento-CA-95838?ecampaign=con_day_rentalpropertycomp_bk&eurl=www.trulia.com%2Frental%2F317…
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Thu Oct 30, 2014
Anna M Brocco answered:
In case you weren't aware Google Maps are a wonderful thing for directions/distance, as is Mapquest.
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Fri Sep 26, 2014
Annette Lawrence answered:
Prices go up and then they go down. It has happened that way since God made dirt.
Communities with attributes such as waterfront, distance to downtown and golf courses hold value better and recover faster than communities with no value retention attributes.

If this community is like all the golf course communities in FL, the values are going to continue upward, until they go down. Is there really any other answer?

Now if you want to know what is most likely to happen in the next 18 months I would give Doug a call.
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Wed Aug 27, 2014
Katerina Lebedeva asked:
This question was asked from http://www.trulia.com/rental-community/9000032881/Fairway-Commons-3220-Watt-Ave-Sacramento-CA-95821/
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Wed Aug 20, 2014
theman answered:
Probably not, unless all homes that come on market are in mint conditions. I have few examples examples for you.

1) 17 Copper Crest Ct. It took almost 5 months to sell at $325,000. Five months is a lot of time in a predominantly sellers market. Believe me, there were no shortage of buyers when this property was on market. This was priced at approximately $149 sq/ft and in mint condition.

2) 17 Rockrose Ct. This was overpriced at $350,000 then later reduced to $343,000. It took almost two months and price reduction to get an offer. The house is current pending, with signs that the buyer might not be well qualified because the sellers are still entertaining "backup offers." Again there were no shortage of buyers when this property was on market. This is currently priced at approximately $155 sq/ft, in mint condition, but outdated kitchen.


3) 17 Stonepine Ct. Although there were no shortage of buyers when this property was on market. This house didn't get any real serious offers. Original listed for $350,000 and later dropped to in $320,000 range. The condition of the house was below average and house was dirty. Last time I checked it was unsold and withdrawn from market.

4) 24 Indigo Oak Ct. This a short-sale also the house condition was below average and it recently sold for $119/sqft.

5) 24 Stonepine Ct. In comparison to all the recent sales, this house was an absolute gem. It came with big swimming pool, great landscape, and high-end upgrades (appliances, cabinets, fixtures). In comparison to all recent sales of houses big or small nothing can even close. My best estimate, is that these upgrades were easily north of $75,000. This house sold for $335,000 and within days of listing. It's price came to $165sq/ft. In my opinion that is the absolute top price. And I challenge any listing in Natomas Crossing to offer everything this house had.

Since there are lot of renters in Natomas Crossing, especially on Innovator Drive. Lot of affluent families who have big money to spend will not be coming to this area. Moreover, the school district is just average (maybe little below) so again you will not have too many buyers who are willing to pay higher than $160sq/ft coming to the area. In addition, the canals is also an eye-sore and the dry soil nearby causes lot of dust issues and regularly dirties your car.

A short answer for your question is no one knows. People can only speculate using the information they already have. However, if you don't see houses selling like hot cakes in that area when the interest rates are fairly low and prices are in par with median price, then I don't think price point will be favored especially if the Feds increase rates. If you want to sell, this is the time. You can double-check everything I said on Zillow, it's public information :).
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Wed Jul 23, 2014
Jasmine Harris asked:
This question was asked from http://www.trulia.com/rental-community/9000027947/Pacific-Oaks-Apartments-5335-College-Oak-Dr-Sacramento-CA-95841/
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Tue Jul 15, 2014
Jcintronrealtor answered:
Jane, ask yourself this question. Whats better, Getting paid for the work you did one time and that's it. or Getting paid for the work that others do over and over and over again.

See I like the MLM concept although Exit Realty is not MLM the concept is plainly easy to understand.

Here, the Exit plan

10% Sponsoring Residuals

When a salesperson is introduced to management and recruited into EXIT, each transaction that they close generates a bonus that's equivalent to 10% of the gross commissions earned by the recruit, payable to the individual (YOU) who sponsored them into the company. The bonus is paid via EXIT's head office, and not subtracted from the new recruit's commissions. And it continues perpetually for as long as the new recruit stays with EXIT and generates sales.

It gets BETTER

7% Retirement Residuals

Should an "EXIT" salesperson decide to retire from selling real estate, a "pension plan" is created from the sponsoring bonuses that he or she has established. Also, the retiring salesperson (YOU) retains the privilege of enhancing this pension plan while in retirement by continuing to sponsor salespeople into the company.

Even BETTER

5% Beneficiary Residuals

The sponsoring bonuses you have created turn into a beneficiary residual providing added security for your family.

The best thing I like about EXIT Realty Plan is that all you do is INVITE a potential Realtor to meet with your Broker, and The Broker takes care of the rest -Presentation and all.

With EXIT Residuals, you can potentially earn much more than 100%!

The more people you sponsor into EXIT, the more you increase your residual income. EXIT Realty annually pays out many millions of dollars in residual bonus checks as a perpetual "thank you" for helping to build the company.

Now ask your self again whats better. working on one commission or residual multiple commissions.
Check out this video: .http://youtu.be/9D3RHb3Fsjs

If you have any question please contact me at jcintronrealtor@gmail.com
I will be happy to answer any questions you may have.

Joseph Cintron Exit Lone Star Realty
The Woodlands, Tx Serving the greater Houston area since 2002
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0 votes 23 answers Share Flag
Tue Jul 8, 2014
Jason Walter answered:
Hi Carmen,

It looks like your question was cut off. Please let me know if I can answer any questions for you.
0 votes 2 answers Share Flag
Wed Jun 18, 2014
Ponce' Deleong Smith answered:
If you drive, it will only take about 10-15 minutes depending on traffic. You can always use Google Maps, that's a great resource!
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Sun Jun 15, 2014
Jason Walter answered:
You can check local businesses and hospitals using Google Maps. That's a great resource online!
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Sun Jun 15, 2014
Jason Walter answered:
I'm not sure where your agent is getting that information. Possibly for a specific area of Sacramento? The number of homes that have sold in Sacramento County has only decreased 4.1% from April to May of this year but the average sold price has increased slightly. ... more
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Thu Jun 5, 2014
Cindy Davis answered:
Hi Frances,

You really didn't pose a question to us. Unless you are paying cash, buying any property is not likely to occur in two weeks.

Best of luck.
0 votes 1 answer Share Flag
Sat May 10, 2014
Kent Turansky answered:
Hello Live16laugh,

ARC is a community enriched by the experience of students, faculty, staff, and administrators from a variety of cultures, ethnic and economic backgrounds, ages, and abilities. A commitment to providing and nurturing a safe environment for the free exchange of ideas with sensitivity, civility and mutual respect is essential.

Hope you enjoy it.
Kent
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Sat May 3, 2014
Janene Sundseth Love answered:
Everyone loves the challenge to the imagination of accomplishing the realization...of conquering the decorum of insightful and creative formation displaying your inner conception...releasing the constitution to tranquil resolution to artful composition, the resolute characterization to the beauty of ones personification!
Hunnicutt Lane in the 95821 Arden/Arcade area...is a fantastic place to invest.
Where older homes, built in the mid 1950's, are being sold as is w/out the amenities, renders an affordable price, at FMV, within the Market comps.....
With the refurbish additions of modern conveniences... Enhancing the decorum, of vintage design.... Embellishing the uniqueness in charm...Will transform the completion, to these homes of reflective objet d' art... You'll find yourself breezy tranquil....like a sonnet, that may go like this.....
The quintessential nuance, embodying the essence.of inner elan' vital....will quench the spirit like that of fresh spring water .lighten heart to calm repose, aerial vision of when time found me young....reminiscent safe in keeping, the memories treasure sweetly cherished..to the depths within my heart and soul.... I carry with me, every day... the inspiring thoughts, of when time was young, a time that lived, by those who loved me! JSL I'm sorry I got carried away..... To answer your question...Yes, the market for selling fixer-upper's can be good, depending on the neighborhood... Arden/Arcade ,near Del Paso Country Club is prime!:)
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Tue Apr 29, 2014
Jason Walter answered:
Hi Janet,

It looks like your question was cut off.
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Mon Apr 14, 2014
paulandrews asked:
We're considering building student housing in Sacramento -- what's the current vacancy rate? Sufficient demand?
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Sun Apr 6, 2014
Jason Walter answered:
Valley HS is only 0.65 miles away.

http://www.greatschools.org/search/search.page?lat=38.4442&lon=-121.42990700000001&zipCode=95823&state=CA&locationType=street_address&normalizedAddress=6285%20Jacinto%20Avenue,%20Sacramento,%20CA%2095823&totalResults=1&locationSearchString=6285%20Jacinto%20Ave,%20Sacramento&city=Sacramento&sortBy=DISTANCE&distance=1&gradeLevels=h&st=public

In order to find the closest schools to any location, search on greatschools.org by location.
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Thu Mar 27, 2014
Barry Mathis answered:
The last 10 years have been very dynamic , where the previous decade followed the national cycle the last decade has swung higher and lower then the national rise and falls. I predict that the coming decade will be one of consistent growth ... more
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