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The Sacramento real estate market changes weekly. You need a good website to find out what is going on within the Sacramento market. This is the website for you if you are thinking of buying or selling a Sacramento home.
The purpose of this site is to help consumers find Sacramento Homes for sale. I will also give updates on the Sacramento real estate market. The inventory and number of homes sold changes every month. It is good for current homeowners and future homeowners to know where the real estate market is heading to. All you have to do is click the search Sacramento homes for sale, and you can find all the homes for sale in Sacramento CA area. Search for homes for sale in Sacramento here.
Search for Homes for sale on your smartphone.
A person can text the word gordon cuffe to 35620 to receive an app on their phone to allow them to search for all the homes for sale on the
At least Sacramento is leading the nation in something. We still have a higher unemployment rate than the national average but we a leading the nation in home value increases. I told people back in April 2012 that we will start to see price appreciation based on the data I had. Most people do not listen to me so they say values go up while they stood on the sidelines and did not purchase a home. Here is a video from some so called experts talking about Sacramento’s housing market. It is a great time to sell your home in Sacramento county. If you want to sell fast, then call me at 916-261-2381.
Now everybody is talking about appreciation around Sacramento county for the first time since 2005. We should start seeing the crazy buyers out there trying to make a fast buck. These will be the new investors who dont remember the crash of 2007. Our values are going up right now that is for sure. The only difference this time is that we dont have crazy loan programs to help fuel out of this world new price highs. We dont have the loan programs of the past llike the 1% option arm loan. We dont have the no income qualifying loans. We dont have the negative amoritization loans also. So once the payments on the home prices get to high for people to afford ,we will see the stop of the rapid price appreciation. Once mortgage interest rates go up that will help with the slowing of the appreciation rate. I found a graph so the appreciation rates of all the states across America.
Now that people are reading that the market is hot ,they will try to sell their homes by themselves. The one major problem with that is 99% of all home buyers go to the multiple listing service to find a home to buy. These home for sale by owner type of people think that they can put a sign in the frontyard and post an ad on craigslist to sell their house. It just isnt that easy. Your property just doesnt reach enough people when trying to sell a house. The only way to reach the most buyers on the planet is to place your home on mls. No one wants to pay the mechanic to fix their car or ac guy to repair air conditioner at home but you have to unless you know how to do these things. It is the same with selling a house. If you are not familiar with the real estate purchase contracts and the required state seller disclosures, then you should list your home with a Sacramento Realtor.
I have been very frustrated by the lack of housing inventory in the Sacramento county area. I finally found some hope that maybe we will see some more homes for sale
in 2013. I found a case shilling graph showing that there are still many homeowner in the foreclosure situation. The banks cant save them all and I will bet many homeowners will
give up trying to save their homes. Here is a graph showing how the foreclosure rate peaked in 2010 but it is still very high compared to history.
In the early part of 2012, I told a few people who would listen to me that the market has changed. I said gone are the days when you could send out 5 offers and get them all accepted. The inventory of homes had dropped significantly since 2011. Look who is on the good news band wagon now. It is the Sacramento Bee. They wrote up an article about how the market shows
improvement. The market right now is very tough for home buyers. There is a shortage of homes for sale on the Sacramento mls. I hear everyday how investors are submitting
many many offers and they are not getting accepted because some cash buyer offered a higher price for the house. I just searched for homes for sale under 100k in the 95841 zip code and nothing showed up. Last year you could find 5 or 6 homes for sale under 100k. Now the cheapest home in the 95841 zip code costs $125,000.0 and the place is a dump. I dont mean a mild fixer upper. The place is an outright freaking dump. It is close to a tear down. The next Sacramento Bee article should read “area’s home market is crazy”. If you want to read the article about the Sacramento housing market then go to article.
Did you know that we need more homes to sell in Sacramento? If you have been waiting to sell your home, well now is the perfect time to sell. Many of the homes
for sale on the Sacramento mls have been receiving multiple offers on them. It hasnt been this easy to sell a home in Sacramento county since 2005. Home values have finally started to move upward. You will propbably be surprised on how much you could get for your house these days. If you want to sell your house fast in Sacramento then go to
You can receive an offer in one day.
I have a remodeled home for sale at 6040 Shawnda Ct. Citrus Heights CA 95621. It has all new kitchen cabinets, new granite counter tops. New laminate flooring along with new tile in both
bathrooms. This home is not a short sale or a bank owned property. You can own this home with as little as 3% down. Call Gordon at 916-261-2381 to view this home today. There are not very
many homes for sale right now so call quickly before it is too late. The sales price is $159,000.00. The house also has a side yard wide enough for rv or boat parking. It is also located in a quiet court so it is safe for kids.
We have a major housing shortage in the Sacramento county areas. There are just not enough homes for sale in Sacramento to support the demand of the current buyers. There are only 1697 homes for sale in Sacramento county as of May 2012. We had 1941 homes for sale around Sacramento county in April 2012. That is a 12.6% drop in the number of homes for sale in just one month. We had 4844 homes for sale back in March 2011. That is a 65% drop in the number of homes for sale in the last 15 months. We currently only have a one month supply of homes for sale in the area. That is the lowest supply of homes for sale that I can ever remember. The days on the market has dropped down to 71 days as of May 2012. That is a 10% drop in the number of days on market in one month. Many if not all the listings on the market right now are getting multiple offers because there are more buyers than there are homes for sale. I feel sorry for all the buyers in the market right now because there is not enough homes for sale for this busy time of year.
I dont know why there are so few homes for sale. It could be that banks are purposely holding back inventory just to raise the values of homes. The banks have owned the most homes in the last couple of years so it is in there best interest to force appreciation. It just might be that it takes so long for a lender to foreclose on a person that the new supply of homes just will trickle in for the next few years. If you are a home buyer is this market, just be prepared to act quickly because the home you are falling in love with is also being looked at by many other buyers. If you are looking for a home for sale in Sacramento CA, please go to the Sacramento homes.
The Sacramento Bee just reported that Sacramento home prices went up in the month ending March 2012. It is the first time home prices have gone up since 2010 when the tax credits ended. We havnt seen home prices go up before that since 2005. In March, Sacramento county saw a 1.3 percent increase in the median resale price of detached single-family homes compared with March 2011, San Diego based dataquick reported. The median price rose from $160,000.0 a year ago to $162,000.0 last month. We only have a 1.3 months supply of homes for sale in Sacramento CA. This is just Economics at work right now. A very low inventory of homes available along with low mortgage rates in the 4 percent range has finally caused an increase in prices. We are hearing about homes for sale below 100k getting multiple offers. The person with the cash offer usually wins the bidding war. If you are a buyer looking for a home for sale in Sacramento CA, you need to get up early every morning to find the newest listings. You can also text the word “gordon cuffe” to 35620 to search for homes for sale on your smartphone. You can also search for homes for sale in Sacramento at Sacramento homes.
Here we go again. We have fewer homes for sale in Sacramento as of March 2012. I have been saying this every month for the last 12 months. I never would have thought that the number of homes for sale in Sacramento would have dropped for 12 months in a row. There are just 2033 Homes for sale in Sacramento county as of March 2012. There were 4773 Homes for sale in Sacramento back in March 2011. That is a drop of 56% in the number of homes for sale in one year. There is just a 1.3 months supply of homes for sale right now around Sacramento county. That is a very low supply of homes for sale. That is considered a sellers market. I just want to put this into perspective. When we had 25% apprecation back in 2004, our inventory of homes for sale was at 1864 to 2100 for a three month period. I am not suggesting that we will see 25% appreciation because we dont have any no income verifier loans, or zero down loans or 1% option arm loans. I do think we will finally see an uptick in prices this year just because there are so few homes for sale. If someone wanted to buy a home to move into by June 1st, it would be almost imposible because of the competition. If you want to buy a home in 2012, you will need to be patient and get the help with someone who looks for you every day. If you want to search for homes for sale in Sacramento then go here.
The number of homes for sale in Sacramento has dropped again. There were 2630 homes for sale in Sacramento county for the month of February 2012. That is down from January’s 2982 homes for sale. That is way down from February’s 2011 total of 5193 homes for sale. We just saw a 49% drop in the available homes for sale on mls in just one year. Do you think home prices will keep coming down for 2012 with this limited number of homes for sale?
I doubt it. The spring buying season is less than 2 weeks away. There will be a higher demand for housing very soon. This will mean multiple offers on homes. There is only a two months supply of homes for sale as of February. This means it is a sellers market. If you plan on buying a home this summer, you should start looking for homes right now. If you fall in love with a short sale listing, it could take three to five months to get an approval and close escrow. You should start looking for homes for sale in Sacramento now so that you can get an idea of prices for the type of home you want. When you find a home you like, you will need to make a decision quickly because there is another buyer right behind you. Please go to search for homes for sale to find your dream home. You can then call me at 916-261-2381 to see any homes for sale in Sacramento CA.