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Market Conditions in Roseville : Real Estate Advice

  • All219
  • Local Info17
  • Home Buying87
  • Home Selling7
  • Market Conditions6

Activity 10
Val Damico, Real Estate Pro in Scarsdale, NY
Thu Jun 19, 2014
Val Damico answered:
This is an awesome question justin,

To be honest, our economy is not where it used to be, however it is close. Everyone knows that the state of the economy has a direct correlation with the housing market i.e. Real Estate. When people are investing there money in Real Estate the market is hot, when they invest in gold, the market is not. As for our current state of the economy. We are almost 90% recovered. Here In NYC, we have experienced an influx of foreign money which is helping to house more people via investment properties. First time home buyers are on a rise, not to mention property values have increased a steady 6% from year to year.
There is no doubt that here in NYC, quite possibly the financial capitol of the world, we are fully recovered. With interest rates still seemingly at an all time low, i feel were are only going to keep growing and increase our spending as a whole. Stimulation comes from investors/ Home buyers and in the near past we have seen homes/ properties sell for above asking prices and often we are seeing bidding wars. So homes are selling and there selling fast. No doubt in my mind the market has recovered, this is true at least here in NYC. As a New York City Real Estate professional i can only speak for this market and we are here to stay.

Hope this helps,

Please give a thumbs up or vote for best answer.

All the Best,

Daniel D'Amico
EXIT REALTY SEARCH
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0 votes 18 answers Share Flag
Fe Reyes, Home Buyer in Mission San Jose, Fr...
Thu Mar 20, 2014
Fe Reyes answered:
We bought Lennar last 2004 in Mt. House. We were given incetives towards the upgrade. Refrid, washer & drye and refrigerator included. We still have it. Real Estate is picking-up not as fast but slowly. The saleprice stays.

3% Co-Op given to Realtor Licensed Agent . Good Quality and we did not go wrong with purchased. I was not even licensed then. May be few had bad experienced with Lennar or Pulte. Compared to other developers we still trust Lennar & Pulte.

If you need help call Fe R. Casem: CAL BRE: 01391790, 408-705-0885, IBIS UNIVERSAL REAL ESTATE.

CEO/owner. Office at 1535 Landess Avenue, #140, Milpitas, CA 95035
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0 votes 9 answers Share Flag
Jason Walter, Real Estate Pro in Sacramento, CA
Tue Mar 18, 2014
Jason Walter answered:
Using a quick search on Google maps, the house is 2.5 miles from that high school.
0 votes 6 answers Share Flag
Karen McPhail, Real Estate Pro in Roseville, CA
Thu Feb 20, 2014
Karen McPhail answered:
Jolyn,
If you are currently renting and want to look into buying, your first step is to contact a lender to get you pre-qualified. I have some trusted lenders I can recommend. A home similar to the Ryland Ct home you mentioned is at 1109 Caversham. it's a 3-bedroom, 2-bath and is in West Roseville. This one will probably sell very quickly, as there are few homes in this area for this low of a price. I'd be happy to show it to you if you like.

Call me at (916)705-2647. Karen McPhail, Lyon Real Estate
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0 votes 5 answers Share Flag
Jesse Coffey, Real Estate Pro in Roseville, CA
Thu Jun 20, 2013
Jesse Coffey answered:
Hello,

Are you interested in a new Lennar home? I currently have two new Lennar homes in contract and have worked with most of the local builders. I can assist with a new home purchase as well as resales.

Thank you,

Jesse Coffey
Keller Williams Realty
548 Gibson Dr. Ste 200
Roseville, Ca. 95678
Ph (916) 872-7775
Fax (916) 960-4594
http://www.homesearchinplacercounty.com/
Realtor
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0 votes 1 answer Share Flag
John Arendsen, Real Estate Pro in Leucadia, CA
Sun Oct 28, 2012
John Arendsen answered:
Wow! 50k for an old single wide? I sure hope the park that its in is in the path of progress or a very popular location i.e. river, lake, mountains, country, etc. Or that better be for the cost of the lot. You'll never get your money out of that old trailer and you'll never get it financed.

Additionally PRE HUD homes, built befor June 15, 1976 are renowned for caustic and carcinogenic chemicals i.e. formaldehyde, asbestos, etc. I'd be very leary about this even if the rent is too cheap to pass up. There's got to be some better deals out there.

If you do own the lot and are planning to pull the old trailer out and put a new home in it make sure you get some comps in the area. I wouldn't put a lot of money in a run down MH park/community unless it's in a real nice area with some very upwardly mobile potential.
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0 votes 2 answers Share Flag
Teri Andrews…, Real Estate Pro in Auburn, CA
Mon Apr 9, 2012
Teri Andrews-Murch answered:
Annie,

There was no link, so I am not sure which house you are asking about. But from past experience I will venture to guess what you are looking at is not an actual listing but the Realty Trac listing which shows the amount the loan is in default not a sale price. The assessors value is for tax purposes & may or may not have been adjusted to current assessed value. If I have the address I can verify ... more
0 votes 1 answer Share Flag
Wil  May, Real Estate Pro in Roseville, CA
Sun Jul 17, 2011
Wil May answered:
Great question. As an appraiser and Realtor I think it is important that you like at the financials of the transaction. In the current market you can easily find properties that will cash flow immediately. You may want to look at muli unit properties. In the greater Sacramento area you can find several duplexes and triplexes that are ready to rent for under $170,000. The advantage being that not only will you get increased rents vs a single family home, but if one side goes vacant you will still have one unit rented so hopefully the property will always pay for itself. Contact me if you would like to discuss investment properties or the current market. ... more
0 votes 7 answers Share Flag
Chris Kendall, Real Estate Pro in Roseville, CA
Sun May 15, 2011
Chris Kendall answered:
For properties 2000 SF and below I like to use about $1 per square foot rule of thumb... smaller homes (1000 - 1200 SF) might command a little more, but that depends on number of bedrooms. Also check www.rentometer.com for more input. Good luck!!!

For more information about real estate in the Placer and Sacramento Counties, visit my website at www.findmydreamhometoday.com
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0 votes 5 answers Share Flag
Dan Chase, Home Buyer in Texas City, TX
Mon Mar 29, 2010
Dan Chase answered:
One thought that probably will not help.

Did a subcontractor install those items? If so the subcontractor could be responsible for their repair.
0 votes 4 answers Share Flag
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