Real estate blog entries tagged with real estate by Doug Reynolds, Realtor - Sacramento, CA (Better Homes & Gardens Real Estate)

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real estate: Elmhurst and Tahoe Park Sales Data - March 2012 (Sacramento, Ca) - 04/09/12 01:39 PM

There were 9 homes sold in Elmhurst and Tahoe Park in the month of March 2012. That is a slight decrease from the 10 homes sold in the area in the month of February 2012. Here are the addresses and specific information.

Currently there are: 17 active listings, 5 active short sales, 15 contingent short sales, and 16 pending sales.
If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you. Call or email me if you are looking to buy or … (0 comments)

real estate: Land Park and Curtis Park Sales Data - March 2012 (Sacramento, Ca) - 04/09/12 01:26 PM

There were 17 homes sold in Land Park and Curtis Park in the month of March 2012 . That is a slight decrease from the 18 homes sold in the month of February 2012. Here are the addresses and specific information.

Currently there are: 33 Active listings, 3 Active short sale listings, 0 Contingent short sale listings, and 13 Pending sales.

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you. Call or email me if you are looking to buy or … (0 comments)

real estate: East Sacramento: McKinley Park, Fab 40's, River Park, East Sac, East Portal Park - Sales Data for March 2012 - 04/09/12 01:14 PM

There were 27 homes sold in East Sacramento in the month of March , 2012. That is a slight increase from the 26 homes sold in the area in the month of February 2012 . Here are the addresses and specific information.

Currently there are: 43 Active listings, 5 Active short sale listings, 12 Contingent short sale listings, and 26 Pending Sales.
If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you. Call or email me if you are looking to buy or … (0 comments)

real estate: Rosemont Sales in March 2012 (Sacramento, Ca) - 04/05/12 02:31 PM

There were 29 homes sold in Rosemont in the month of March, 2012. That is slight increase from the 17 that sold in February. Here are the addresses and specific information.

Currently there are: 13 Active listings, 10 Active short sale listings, 27 Contingent Short Sales and 28Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you. Call or email me if you are looking to buy or sell in the 95826 zip code. … (2 comments)

real estate: College Greens / Glenbrook Sales in March 2012 (Sacramento, Ca) - 04/05/12 01:59 PM

There were 18 homes sold in College Greens / Glenbrook for the month of March, 2011. That is an increase from the 12 sold in February. Here are the addresses and specific information.

Currently there are: 12 Active listings, 3 Active short sale listings, 24 Contingent Short Sales and 19 Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you. Call or email me if you are looking … (0 comments)

real estate: College-Glen Real Estate Update Q1 2012 - Sacramento, Ca - College Greens, Glenbrook - 04/03/12 02:03 PM

Real Estate Agent, Doug Reynolds, is a resident and specialist of the College Greens/Glenbrook neighborhood in Sacramento, Ca. This video details the 2012 first Quarter Real Estate statistics in the neighborhood. He also shows a comparison to last quarter and the quarter from one year ago. In 2012 Q1, the neighborhood saw an unusual spike in distressed bank owned properties. These poor condition sales drove down the median price. But don't be fooled, the neighborhood is currently experiencing a Seller's Market. The homes that show well, are marketed well and priced right are getting multiple offers, over list price in just a … (0 comments)

real estate: Warren Buffett Is Betting on Housing - 03/29/12 01:32 PM

Posted By susanne On March 3, 2012 @ 12:01 am In Business Development,Business Outlook,Consumer News and Advice,Finance and Economy,Home Owner News,Real Estate,Real Estate News,Real Estate Trends,Today's Marketplace,Today's Top Story - Consumer | No Comments

From the Los Angeles Times
The U.S. housing market disappointed Warren Buffett last year, but he hasn’t given up hope.
Buffett said in his annual shareholder letter that he was “dead wrong” when he predicted last year that the rebound in U.S. home prices would begin within a year.
This year, though, he’s betting again that the housing market will recover, and for an interesting reason: hormones.
As Buffett explains it, … (4 comments)

real estate: Don’t Forget To Save Money On Your Taxes This Year - 03/20/12 12:07 PM

Homeowners should be aware of these tax breaks that they may be eligible to receive. Consult a Certified and licensed Tax Professional.
Mortgage interest: Homeowners are generally entitled to reduce their taxable income by the amount of mortgage interest they pay, as long as they itemize deductions on their tax returns. Private mortgage insurance: Homeowners who are paying PMI likely will be able to fully deduct the amount, as long as their adjusted gross income is $100,000 or less ($50,000 for married taxpayers filing separately). Borrowers with incomes above $100,000 may qualify for a partial deduction. Energy-efficient home improvements: … (1 comments)

real estate: Sacramento County Real Estate Update March-April 2012 - 03/18/12 12:55 PM

Doug Reynolds, a Sacramento Area Realtor, gives a market updated March and April 2012 Sacramento Real Estate. This month discussing how the local real estate market appears to have hit the bottom. Indication signs are: the median sales price increasing in February, the area currently has the second lowest amount of inventory since 2000 at 1.6 months, high buyer demand with multiple offers on properties, the second highest amount of sales in the month of February since 2000 and the lowest interest rates in the history of the US. The local market appears to be turning around, what do you think?
… (1 comments)

real estate: First Time Home Buyer Thoughts - 03/10/12 06:55 AM

Home buying doesn’t begin with home searching; it begins with a mortgage pre-approval. Often, first-time home buyers fear getting pre-approved because they’re afraid the lender may tell them they do not qualify for a mortgage or they qualify for a loan smaller than expected. However, by getting preapproved, buyers will make a financial decision rather than an emotion one. Another mistake first-time home buyers make is not thinking of a house as a long-term commitment. If a buyer may have to switch jobs in a year or two and may have to move for the job, they should think … (2 comments)

real estate: Rosemont Sales in February 2012 (Sacramento, Ca) - 03/06/12 07:00 AM

There were 20homes sold in Rosemont in the month of February, 2012. That is slight increase from the 17 that sold in January . Here are the addresses and specific information.

Currently there are: 17 Active listings, 9 Active short sale listings, 31Contingent Short Sales and 29Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you. Call or email me if you are looking to buy or sell in the 95826 zip code. … (1 comments)

real estate: Pay Off Mortgage Early To Save Money - 03/03/12 01:10 AM

By Marcie Geffner, Associated Press
Paying off your mortgage might sound like an ambitious plan, especially if you have recently refinanced into a 30-year term. But it's still smart for homeowners to give some serious thought as to how they'll pay off their home loan; if not in 2012, then sometime.
An early mortgage payoff can net substantial interest savings compared to making scheduled payments for 15 or 30 years.
Paying more quickly reduces your housing cost, freeing up that money, says Ronit Rogoszinski, a wealth adviser at Arch Financial Group in Garden City, N.Y. You'll still be responsible for property … (1 comments)

real estate: Shopping For The Best Mortgage Rates - 02/27/12 05:31 AM

Interest rates are the lowest in decades, enticing many borrowers to shop for a loan. Mortgage lenders adjust their rates based on perceptions of risk, so unless the borrower can show they’re a low-risk individual, the borrower is unlikely to qualify for a rate that matches those seen in recent advertisements and headlines.
Making sense of the story
The rates quoted are averages drawn from a variety of financial institutions, and lenders use varied approaches to set them. Consumers who want to try for the lowest rates available need to consider basic factors, such as credit score, points, property type, down … (0 comments)

real estate: How Long Before You Can Buy After A Shortsale, Foreclosure, Or Bankruptcy - 02/25/12 06:07 AM

Unfortunately, in our economy man people have got through a short sale, foreclosure or bankruptcy. The good news is you can establish your credit and in a fairly short people of time, be able to purchase a home again with the currently historical low interest rates and very low prices. Take a look at the video to see when you'll be able to start looking again as long as you have got your FICO back up. Call or email if you have any questions.
… (2 comments)

real estate: Converting Foreclosures To Rentals To Help The Real Estate Market - 02/23/12 01:21 AM

Talking Points
·         In coming weeks, federal policy makers could roll out pilot programs to further test the concept of renting out single-family homes.
·         There are two different types of programs that officials are likely to consider. Under the first, the Federal Housing Administration could sell properties in bulk to investors who agree to rent them out.
·         A more likely option for Fannie Mae and Freddie Mac would be to set up pools of properties in which third-party investors would take a stake. Investors could be responsible for handling maintenance and day-to-day operation of the rental pool, with Fannie and … (0 comments)

real estate: But I Thought It's A Buyers Market in Sacramento Real Estate? - 02/21/12 11:35 AM

I hear it from new clients all the time: "But I thought it's a buyer's market?" Take a look at this video to learn about how Sacramento Real Estate has low inventory and high demand, creating a "Price Sensitive Seller's Market." The inventory of homes for sale in the Sacramento area is only 2 months. A "normal" market is considered 6 months of inventory. So, as buyers are quickly finding out when they get started house hunting, a home that shows well, is marketed well and priced right will have multiple offers on it within a week or less. It's hard … (1 comments)

real estate: A Good Rental History Can Help Borrowers - 02/20/12 04:02 AM

First-time home buyers planning to purchase a house later this year may have a better chance of qualifying for a mortgage if they have had a history of paying their rent on time.
Making sense of the story
Last year, credit-reporting agency Experian added a section to millions of credit reports showing on-time rent payments and raised the credit scores of many people. The company said that this year it would add in negative marks, including mentions of bounced checks or of tenants’ leaving before a lease was up. Incorporating rental payments into credit scores could affect millions of people who … (1 comments)

real estate: 4% Interest Rates ... Are You Freakin' Kidding Me? - 02/19/12 10:56 AM

Doug Reynolds, a Sacramento Area Realtor, discusses the history of interest rates in America and shows how the current interest rates in 2012 are at record lows for home buyers. The unheard of interest rates of 3.5% and 4% combined with the bottom of the market for prices are creating the best time to ever buy real estate in Sacramento, the beginning of 2012.

What is your interest rate at? Did you ever purchase a home with a mortgage above 12%?
… (2 comments)

real estate: How Are You Homes New Year’s Resolutions Going? - 02/18/12 02:31 AM

· When the new year arrives, promises and resolutions abound, but few include home improvement. Here are resolutions every homeowner should make.
· Cut energy use: Sealing and insulating ductwork can improve the efficiency of a heating and cooling system by as much as 20 percent, saving $200 per year or more, according to Energy Star.
Budget for home improvements: Creating a yearly budget for home improvement and maintenance helps prevent overspending, and encourages homeowners to put aside money for major replacements — such as new roofing or a kitchen appliance — that come up every few years. Curb water use: The average household uses … (0 comments)

real estate: Sacramento County Real Estate Update February - March 2012 - 02/17/12 11:30 AM

Doug Reynolds, a Sacramento Realtor, provides an analysis of the local market statistics from January 2012. This month discussing how inventory is still on the low side at the time, and sales dipped a bit in January, which is typically compared to December. And then quickly hitting on interest rates and lender rebates to have stronger offers. More information can be found at his website, www.SellWithDoug.com, as well as his blog and Facebook page (Doug Reynolds Real Estate). Become a fan of his YouTube page and Facebook pages.
… (1 comments)

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