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Market Conditions in 95820 : Real Estate Advice

  • All22
  • Local Info4
  • Home Buying8
  • Home Selling1
  • Market Conditions0

Activity 69
Fri Apr 5, 2013
Sue Archer Reynolds answered:
It's a matter of supply vs. demand: a simple economic concept.

However, what is NOT simple is when/how much the price will adjust when mortgage rates rise. I believe this to be a window of opportunity for sellers. I believe the prices will drop again when inflation can no longer be controlled by the FED keeping rates low. That will be when the foreign entities withdraw their investments from our markets becuase of lost confidence in the dollar.

The current prices are amazing us every day, coming in over comparable sales records. There's no easy way to map it. But the key for a buyer is to focus on monthly affordablity in any market.
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0 votes 2 answers Share Flag
Tue Apr 9, 2013
Maurice Thomas answered:
I agree with Elizabeth... This is a sellers market. Low inventory = lower supply = higher prices.
High demand = higher prices. With low inventory and high demand it is a sellers market. Please let me know if you have any questions. ... more
0 votes 13 answers Share Flag
Thu Mar 28, 2013
Patrick O'Hare answered:
Yes, there are rentals within the Swallow Next complex.
0 votes 1 answer Share Flag
Wed Mar 13, 2013
Maurice Thomas answered:
Hi Shar

This home has been sold... Please contact me at 415-705-9405 (Sacramento based agent) and ask for Maurice. I will make sure you receive up to date listings.

Thank you very much... ... more
0 votes 3 answers Share Flag
Fri Sep 5, 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
0 votes 1 answer Share Flag
Fri Jan 25, 2013
Patrick O'Hare answered:
There is no indication from public records that this property has transferred ownership since its last sale in 2003.
0 votes 1 answer Share Flag
Tue Dec 25, 2012
Patrick O'Hare answered:
You are correct, the square footage has been misquoted.....it is apprx 2200 sqft.
This property also does have an accepted offer as of Nov 23. It also is a short
sale. If you are looking to make a purchase at this time, you really should select
a qualified real estate agent to assist you. Trulia and Zillow both have issues with
being able to provide accurate and timely data and in order to be successful in the
current market, you have to be on top of new listings as they are going quickly.
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0 votes 3 answers Share Flag
Fri Oct 12, 2012
Jim Walker answered:
Jed,
Your Trulia Trends link did not have the statistics for the Sacramento metro, so I will have to take your word for it.
Production builders are still putting up new houses in Roseville, Rocklin, Folsom and El Dorado Hills. In the city center it is more common to see rehabbers working on the existing housing stock rather than creating a lot of new homes.

Getting urban growth to have a strong comeback is as simple and easy as bringing the API scores of city schools up a couple of hundred points and keeping them high for a few years. I predict that will happen the same year that the national debt is fully paid off, the crime rate falls to zero everywhere, and every country in the world is at peace with all of its neighbors and within their own borders.
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Fri Sep 21, 2012
Joseph Drew answered:
Kenny:

The market has kind of fluctuated within the 95624 the last six months. But specifically for homes ranging from 1600 - 2000 square feet the average sold price for August is up to $242,00, a 9% increase from July. Overall from last year at this time the average sold price is up 6.6%. I think the outlook is to see continued growth with the assumption that low inventory coupled with high buyer demand.

Should you want to get a little more specific shoot me your address and I can get you a price analysis.

Joseph
916-396-1733
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0 votes 4 answers Share Flag
Thu Oct 11, 2012
Nancy Bergman answered:
Homes are going up throughout Sacramento. We have seen prices rise between 10%-15% within the past 3 months. Some areas more than others. I can't speak directly for the Meadowview area; however, just looking at the inventory, there aren't that many homes below $100k or even under $80K. Yet if you are looking for an investment homes, there are still some good deals around.
Good luck!
Nancy

Nancy S Bergman
Realtor - Lyon Short Sale Certified
DRE # 01893550
Lyon RE Downtown
nbergman1@live.com
http://www.sachomesbynancy.com
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0 votes 3 answers Share Flag
Thu Oct 11, 2012
Jim Walker answered:
Nope. it is not a space rental park. The residents of the Cedarwood Mobile Home park own the park.
I emailed your question to an agent that handled some sales in that park.
0 votes 1 answer Share Flag
Tue Jul 10, 2012
Maurice Thomas answered:
$69k is the correct price... However, it does have a accepted offer from the buyer. They are now waiting on the bank to accept or reject the offer.
0 votes 2 answers Share Flag
Sun Apr 29, 2012
John Arendsen answered:
It's all about shadow inventory. That's what's really keeping the overall market in somewhat of a limbo. From what I've read and researched there's still about 5.5 million homes in some state of foreclosure. Lenders continue to hold these properties off or out of the market for fear that inundating the market with all the shadow inventory would serve only to exacerbate the problem even more.

Buyers aren't stupid. They here hear the war drums beating in the distance. Add to that the lowest interest rates in history and FED Chief that keeps telling us that he plans to keep them that way for at least another year or so and you've got a recipe for complacency in the market.

Additionally, until buyers are convinced that they're going to be able to keep their jobs, or as for many, find gainful employment we will not see the real estate ball moving down the field with any real vibrance. Just my opinion.
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Mon Apr 2, 2012
Blaquewraith answered:
Fri Mar 23, 2012
Jonathan Burgess answered:
Shirley, if you provide me an email. I will be happy to send you a certified market analysis of the area. For the most part all the homes in this area if priced correctly will sale at or exteremly close to thier asking price.

Warm Regards

you can send your email to info@code3realty.com
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0 votes 6 answers Share Flag
Sun Dec 4, 2011
Jamie Collins answered:
One big problem is his replacement Waters. It maybe like fire in to coals. If who had to pick one person who set this fire it was Barney.

Hopefully, we will get the change for the better.

Great post.
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0 votes 10 answers Share Flag
Sun Apr 1, 2012
Michael Cheng answered:
Is there a point to your question/post?
0 votes 5 answers Share Flag
Sun Apr 1, 2012
Kylee Roe answered:
Hi,
Welll....that's an interesting question, because what's safe to me and where I am comfortable may not be where you are safe and comfortable.

There are many fantastic neighborhoods in the Sacramento area. One thing you may consider is your budget. How much can you spend on a home? That would help me determine where to advise you to look.
Do you want super-suburban, like Citrus Heights, Roseville, Orangevale, or do you want close in to the city hub, like Glenbrook, East Sac or newer homes like Elk Grove, West Sac or Natomas.

If you have any questions about neighborhoods, you may want to drive around at nite, daytime and weekends and see if the area is quiet enough for you, and looks and feels safe.
Good luck, let me know if you have any other questions.
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0 votes 2 answers Share Flag
Thu Aug 25, 2011
Michele Peterson answered:
What a great question. Looking to hear answers myself from agents and home owners who were in the Sacramento area during that time period. Having moved to the area at the end of the 90's, I can say home prices were just slighlty lower than they are today. That was 13 years ago. We have gone through the entire slope in that period. I would be happy to share with you current market results for the area in which you reside. Send me an email. Happy to help.

Thanks C!

Michele Peterson
Keller Williams Realty
(916)743-5934
CallMichelePeterson@gmail.com
... more
0 votes 10 answers Share Flag
Fri Jun 24, 2011
Bud Zeller asked:
0 votes 0 Answers Share Flag
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