Elizabeth Weintraub: Sacramento Real Estate

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Real Estate Agent - RE/MAX Gold - DRE #00697006
Sacramento real estate and housing market, from Galt to Lincoln. Local observations about Sacramento restaurants, special events, music concerts and the Sacramento lifestyle, including great places to vacation around the world.

ARCHIVED BLOG POSTS

2009 

Poaching, theft and senseless cruelty against our geese and ducks in Land Park has been going on for a long time now, but it seems to be getting worse. Residents are reporting that more fowl are disappearing or they're finding them with broken necks. It's not just happening in Land Park, either, ...
01/31/2009
As the number of foreclosures on the market in Sacramento continue to fall, banks are becomingly more demanding. It's not enough that they may want to see copies of the buyer's bank statements, a large earnest money deposit, a direct lender letter (which means some borrowers have to qualify twice...
01/30/2009
Some short sale lenders are demanding unsecured promissory notes as a seller contribution to the short sale. Over the past few months, I've witnessed an uptick in this type of activity, specifically from such lenders as Countrywide and Bank of America. I've also received a lot of email from reade...
01/29/2009
Almost every day a Trulia user posts a question in the Q&A section about a RealtyTrac home that isn't for sale. That's because RealtyTrac lists homes on Trulia that have received a foreclosure notice, which means the owners have fallen behind on their payments. It doesn't mean the home is on the ...
01/28/2009
A reader from my homebuying forum on About.com asked me why there isn't more transparency in real estate. This buyer was in escrow on a short sale when the seller received another offer from an all-cash buyer. That second buyer offered to sell the home to the first set of buyers at a higher price...
01/27/2009
I received a very disturbing email from an agent I'm in escrow with. Her husband threw her a 30th birthday party at The MoMo Lounge, a block away from my midtown Lyon real estate office at 27th and J Streets. According to my friend, her husband was assured there would be security provided for thi...
01/26/2009
Ever since the 1980s, I've been dining on sushi and sashimi at least once a week or so. I'm like an addict who needs a fix. After a week without sushi, I begin to feel a strong craving for raw fish. I don't want to turn into a walking thermometer like Jeremy Piven, but if I find hamachi in the vi...
01/26/2009
A drawback to being a short sale listing agent in Sacramento is the fact that the inventory stays on the market a minimum of three months before closing, which means my lockboxes can't be reassigned every 6 to 8 weeks. In a faster selling market, an agent can take 20 listings and use 10 lockboxes...
01/25/2009
The president of the Land Park Community Association described in an email the "turbulent beginning" of the LPCA meeting held last Wednesday. She reported "tedious discussion" and much "interruption," concluding that the rival group within LPCA was trying to "take over the community forum agenda,...
01/24/2009
Sacramento's real estate market -- Is it a buyer's market or a seller's market? -- a client asked yesterday. The answer is, for those buying short sales and foreclosures, it's a buyer's market behaving like a seller's market. That's because inventory is low, which is one of the signs of a seller'...
01/23/2009
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