Great news for our Sacramento home owners... and for the greater Sacramento area in General... Northern California made the top 10 for housing improvement based on the recent Trulia report and pubished on The Business Insider. 

  • Difference between 2011 -2012: +19.9 percent
  • Change in price December 2012: +9.5 percent
  • Change in price December 2011: -8.5 percent
  • Median price for Q4 2012: $249,900 

Definition:Median is a mathematical result that indicates that one half of the group is higher and one half lower. Median price of 101 sold homes would be that price which is lower than 50 of the prices and also higher than 50 of them.  Do not confuse this term with the average. They can be quite different for the same sample group. For instance, if you are doing a sold properties report and the homes are very evenly distributed, the median and average might be very similar. However, if the homes sold were weighted more to one end or the other of the price spectrum, then the median and average could be quite different. 

BTW - a first time home buyer is defined as someone that has not owned a home in the last three years... Is that you? Send me and email for more information. 

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Other blogs by Ingrid: fun with food and winefingerprints

 

 

A New Home Move In-Ready "Success Story"
11/05/2011
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Looking around the new home landscape there isn’t a lot of building going on, but at JMC’s communities there are new homes being built all of the time. This different strategy has had many advantages for buyers, Realtors and for JMC… more
LAUGH OF THE DAY: A Friday Meeting…
07/31/2011
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Aaron and the CEO in question… certainly have a sense of humor! What a great way to start the week end… and the following week. I'd be for Friday afternoon meetings.. except for the traffic in trying to get home- a nightmare! Via Aaron Seekford.. more
Top 6 Areas to Affect Real Estate Sales if the Government Shutsdown
07/16/2011
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1995 was the last time that our government had a shutdown. I remember that it was a painful time for pretty much everyone… but it wasn't a panic. If it happens again this time… things may be a bit different but I expect many of the same issues… more
Surprise… You May Be Considered a First Time Home Buyer
07/11/2011
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Who qualifies as a first time home buyer? That is a valid question. To answer it is important to know "who" is asking. The general definition is: Someone that has not owned a home in the past 3 years would be considered a 1st time home buyer. The… more
Tip #7 of 10 Tips You Should Consider Before House Hunting
05/10/2011
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Choose your loan, before you shop for your home. There are two main types of loan catagories; Conventional Loans and Government Loans. The loan options available to you will be determined by: * Down Payment * Loan Amount * Loan to value or… more
3. 5% Closing Credit from Fannie Mae
04/20/2011
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An early Easter present has been announced by FannieMae who in an effort to stabilize communities through the speedy resale of Fannie Mae owned homes is providing buyers with a 3. 5% credit towards closing costs. This extra credit is being offered on… more
Tip #6 of Ten Tips You Should Know Before Shopping for a Home
04/20/2011
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Finding the loan that is "right" for you and your family. Tip Number 6 is that you should meet with a qualified lender to review program types BEFORE choosing a home. It is important to know what type of loan and which program before going out… more
New Consumer Privacy Protection Regulations Damage Consumers
04/13/2011
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It is really amazing how the new Consumer Privacy Protection requirements are NEGATIVELY impacting folks trying to purchase a home. If you don't have a problem with your credit… count yourself very lucky! If you do… do not, I repeat, DO NOT… more
Tip #5 of Ten Tips You Should Know Before Buying a Home
03/08/2011
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Interest rate options can come with pricing differences. Those differences are called "points". A point is a fee charged by the lender, typically a percentage of the loan amount. Most buyers when inquiring about rates are looking for a rate quote at… more
 
4kerrie Rainmaker_large

INGRID PIERSON NMLO#233666 800-530-9421

Roseville, CA

More about me…

VITEK Mortgage Group

Address: 3 Park Center Circle, Sacramento, CA, 95825

Office Phone: (530) 885-1545

Cell Phone: (916) 709-5626

Email Me

Information about Mortgages. home financing, buyer tips, credit updates and information about 1st time home buyer programs and savings.


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