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
Sacramento mls.
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.
I have a East Sacramento home for sale for $385,000.00. Here is a rare opportunity to buy in the East Sacramento area close to Sacramento State. The homeowners on Roger Way do not sell their homes very often because it is so nice to live there. The address of this house for sale in Sacramento is 5324 Roger Way Sacramento CA 95819. It is a 1227 Square foot home with a 7070 square foot lot. The home has been completely updated. It also has an enclosed rear patio with dual pane windows. There is room for rv parking also. I just listed the home yesterday, and I have had three requests to show the home. If you are looking for a home for sale in East Sacramento, I suggest you call me very quickly at 916-261-2381 to see this house. It is close to Glen Hall park and the paradise beach on the river.
There are fewer homes for sale in Sacramento CA again for the month ending December 2011. There 3235 homes for sale in the entire Sacramento county area. There were 3570 homes for sale in Sacramento at the end of November 2011. That is a 9.4% drop in the number of homes for sale in just one month. There were 5364 homes for sale in December 2010. We have 39.7% fewer homes for sale compared to twelve months ago. If we keep dropping the number of homes for sale, we are going to have an housing shortage in the spring. We are down to a two months supply of homes for sale in the Sacramento county. That is considered a sellers market. We have 1960 pending sales at the end of December 2011. That number is up from November’s pending sales. We had 1823 pending sales as of the end of November 2011. We usually dont increase the number of pending sales in the winter months. Could our real estate market be like our winter weather? unusually hot. When are market was red hot back in the end of 2004 and beginning of 2005, we had 2000 to 2500 homes for sale per month in Sacramento county. We can be at those crazy numbers if we lose 200 homes for sale per month for the next five months. If you are looking to move into a new home this spring, you should start looking now. The supply of homes for sale in Sacramento could be very tight and you could miss out on finding your ideal home. You can find homes for sale in Sacramento by going to Sacramento homes
Where can you rent a home in Sacramento for $700.0 per month? nowhere. 2br Apartments in Sacramento are renting for more than $700.0 per month. You can now own a remodeled home for just $700.0 per month. The payment is so low because the purchase price is only 100k and fixed mortgage rates are in the low 4.0% range. Do you know someone with a gross monthly income of $2500.0 per month or more? Then they can finance this home for sale in Sacramento CA. A person could get a FHA loan at four percent 30 year fixed with a gross monthly income fo $2500.0 per month. Imagine yourself owning this home for sale in Sacramento CA with payments less than most renters pay for rent. This home has a new heating and air conditioning system. It has new windows, new exterior paint. It has new granite and appliances in the kitchen. It has new tile and laminate flooring in the house. Call Gordon at 916-261-2381 to see the inside of this home for sale in Sacramento CA today.
Another month just passed us again in 2011 and another drop in the number of homes for sale in Sacramento. There were 3855 homes for sale at the end of October 2011 for the entire Sacramento county. In October 2010 there were 5706 homes for sale throughout Sacramento county. That is a 32.4% drop in the number of homes for sale in Sacramento. There is a 2.5 months of inventory of homes for sale as of October. That is considered a sellers market. We had a 4.2 months of inventory of homes for sale in Sacramento back in October 2010. The average price of a home sold was 188k as of October 2011. The average price of a home sold in October 2010 was 206k. That is a drop of 8.7% in the average price sold. The average days on the market for October was 85 days. The average days on the market for October 2010 was 83 days. The average price per square foot for October was 110 per square foot, and the average price per square foot back in October 2010 was 121 per square foot. That is a drop of 8.9% over the last year.
Graph of homes for sale in Sacramento
I have a tab on my website to show the graph of the number of homes for sale in Sacramento county.Here is the link to see the graph of the number of homes for sale. You will see a monthly consistent monthly decline in the number of homes for sale in Sacramento. Some people think that the banks are purposedly holding back the release of their homes so that we see an appriecation in home values. I do know one thing based on basic economic principles, when there are fewer and fewer homes for sale in Sacramento , we should see home values go up soon. Graph of homes for sale.
I have a home for sale in Sacramento CA for only 110k. This is a completely remodeled home with new heating and ac system. It has new windows and exterior paint. The kitchen has new appliances along with new granite countertops. The house has all new tile, laminate and carpet. The bathrooms have all new sinks, tile flooring and tile around the new bathtub. A person can buy this home with only 3.5% down payment and keep their payments around $760.0 per month. The home is located off of highway 5 right off of pocket rd. exit. The address is 7520 Schreiner St.
If you want to see this wonderful home for sale in Sacramento CA then call Gordon at 916-261-2381.
Number of homes for sale in Sacramento dropped again
There are 3906 homes for sale in Sacramento as of the end of September 2011. This has been a common theme for all of 2011. My blog posts are getting very familiar now. Every month since January 2011 I have made a monthly report that says they number of homes for sale in Sacramento has dropped. The number of pending sales went up to 2425 pending sales in September. That is up from the August number of pending sales of 2281. When the market was slower in December 2010, the number of pending home sales was 1243. When the supply of homes on the market drops and demand increases, we start to see price increases. The demand is increasing because mortgage interest rates are so low. You will start seeing home price increases now. We have a 2.6 months supply of homes for sale in Sacramento. It is considered a sellers market when the months of inventory is below three months. I found another interesting fact about the September real estate market data. The average asking price of a home went up to 270k. In August the average asking price was 244k. In January the average asking price for a home in Sacramento was 220k. You can search for homes for sale in Sacramento by going to the tab that says “search Sacramento homes for sale here” . You can also call Gordon at 916-261-2381 if you find a home that you want to see the inside of or if you have any questions about.
There are 4073 homes for sale in Sacramento as of the end of August 2011. The number of homes for sale has dropped every month since January 2011. There was only a 2.5 months supply of homes for sale in our region. That low of a supply of homes is considered a sellers market. If you were only watching the news ,you would think that values are still declining. That was correct from january to the summer months. Now you will start to see a stop of home values declining. We currently have record low mortgage rates along with a shrinking inventory of homes. We are seeing an increased demand for housing along with a shrinking supply of homes for sale so values will stop declining in the very near future. It actually is happening now but we just dont have the data. We should see that data in a month or so. If you have been on the fence about buying a home, I would suggest you get off the fence before interest rates increase or home prices go up. You can search the entire Sacramento mls at the tab that says “search Sacramento homes for sale“. You can also search for homes for sale in Sacramento at this link If you find a home for sale in Sacramento that you want to see, please call me at 916-261-2381 and I will be happy to show you the home.
