Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
To understand what is going on in the marketplace, it's imperative to analyze the statistics. Because sometimes statistics all by their lonesome selves can be misleading. For example, in this morning's newspaper, the Sacramento Bee says 10,000 jobs were lost last month in Sacramento. The Sacramento Business Journal reported yesterday that the July Sacramento unemployment rate is 7.3% but that 2,900 (29% of those jobs) were in the leisure and hospitality area, and 2,400 of those were in the bar and restaurant business (when people cut back, they quit eating out). Moreover, the decline in jobs is seasonal, especially at this time of year.
The Trendgraphix report released yesterday for home sales in Sacramento County says home sales increased 1% and inventory fell 3% in month-over-month comparisons between June and July, and the per-square-foot cost decreased 3%. Overall, the median price has fallen 36% over last year.
What does this mean for home owners and home buyers in Land Park?
Does it mean your equity is in jeopardy or if you buy a home that it will lose value? You'd certainly think so by reading the above statistics. However, all data can be broken down to specifics. If you look at the neighborhood values of homes in Land Park, you will see that inventory (the number of homes for sale) has fallen. Simply put, there are much fewer homes for sale than a year ago. In July of 2007, we sold 17 homes at an average price of $609,000 as compared to this July when we sold 8 homes at an average price of $433,000. This does not mean that home values have fallen; it means there are more buyers for lower-priced homes in Land Park.
Last July, we had two sales over $500,000, and those homes sold at list price. Year to date, 26 homes have sold in Land Park as compared to the same time last year when 44 homes sold. There are fewer buyers and fewer homes for sale. Sacramento County has 3,850 short sales for sale and 2,338 REOs. In Land Park, we have 6 short sales (five of which are under $500K) on the market and one REO.
Land Park is a desirable neighborhood, within close proximity to downtown, and neighbors love the quiet, tree-lined streets. Yesterday, a home on 14th Street came on the market, a rebuilt Tudor with extensive attention to detail for $1,190,000. Last week, a home in Land Park sold for $1,600,000. Even though there is pressure in the job market and economic stresses in the county, not to mention our high gas prices, last time i looked, they aren't whipping up any more land in Land Park. Our specific market has been relatively unaffected by the housing downturn in Sacramento. Out-of-area buyers aren't marching in by the droves to buy homes in Land Park for 70 cents on the dollar.
If you're looking for a neighborhood where your home value will be protected, personally, I don't believe you can do any better than buying a home in Land Park.
Elizabeth Weintraub is an author, home buying columnist for About.com, a Land Park resident, and a Land Park real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. DRE License # 00697006.
Lyon Real Estate is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice. It could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.
Broker-Associate at Lyon Real Estate, midtown Sacramento. Selling since 1974. Home Buying Guide at About.com. Sacramento short sale agent.
Author Bio: Elizabeth Weintraub is a Sacramento real estate broker, author, home buying guide for About.com, a Land Park resident, and a Land Park agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully closes short sales throughout Sacramento four-county area. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.