laguna west: Sold-3412 Babson Drive - 06/11/22 02:32 PM
It was sold in four days, but the plan took almost ten years to play out.
This was our home for the past three years and a rental property for the 7 years prior.  We were not even in the market for a home when our neighbor knocked on our door and asked if I knew anyone that might be in the market for a home.  He had made two offers on two different short sale properties and both had been accepted.  After I found out his terms, which were outlined by the short sale lender, my wife and I decided to … (25 comments)

laguna west: Laguna West House for Sale...My Home!!! - 04/28/22 05:32 PM
About 13 years ago, I heard our doorbell wring.  It was our neighbor at the time.  He told me that he had got himself in a bit of a pickle.  He had put offers on two different short sales and they both were accepted.  He wondered, since I was a real estate agent, if I knew someone that would like to buy one of the two.  "Yes, I do!"  I answered to his surprise. 
We added granite counter tops and painted the place, then rented the house out for about 9 years to a wonderful tenant.   When she decided to move … (33 comments)

laguna west: Stone Lake National Wlldlife Refuge at Sunset - 02/25/22 08:51 AM
One of the great things about living in Elk Grove, CA is that we have some pretty wonderful sunsets. Every once in a while, we are blessed with thousands of migrating geese enjoying our National Wildlife Refuge just to the North and East of our neighborhood, Laguna West/Lakeside, at the same time.       Please subscribe to my YouTube Channel if you would like to learn more about the Elk Grove, Ca area and our real estate market. #youtubeshorts #elkgrove #realestate #sunsets   … (36 comments)

laguna west: Elk Grove Market Update, January 2022 - 02/08/22 10:29 AM
Elk Grove Market Update for January 2022

Elk Grove Median Value
     The median price of homes in Elk Grove did go up about $36,000 from November to December so I was very interested to see what the new year would bring.  The median price fell slightly in January from December's high of $640,000, but not much and it is still up 20% from last year.  We are very much in a competitive market with lots of buyers demand even though interest rates have risen and will likely continue to rise.
Market Price Range
Free Monthly Report-What is Your home Worth?
     There are two homes … (30 comments)

laguna west: Elk Grove Real Estate Market Update, October 2021 - 11/19/21 07:53 AM
Elk Grove Market, October 2021
(Headlines should read Oct. 2020 to Oct. 2021)
It was such a beautiful day yesterday that I had to stop and create a short video showing the lake at Laguna West.  Elk Grove really comes alive in the fall, especially in the Laguna West-Lakeside area. 
It really was a gorgeous day on our lake, but how has the market changed year over year.  You can see that we had a nice rise in prices, but look what has been going on over the last few months.
May        $600,000 June       $600,000 July         $605,000 Aug.        $598,000 Sept.       $605,000 … (35 comments)

laguna west: Real Estate Market Update for the Laguna West, Lakeside and Stonelake - 10/09/21 09:42 AM
Real Estate Market Update for Laguna West, Lakeside and Stonelake
Laguna West, Lakeside and Stonelake are each distinct neighborhoods in Elk Grove.  They are each similar enough that my clients view them as interchangeable so I like to look at the three areas combined.  Year over year growth was very good, but the market is showing signs of leveling off (discussed in my Elk Grove monthly update).  The last five months pricing has been very stable in the Elk Grove Area.
I have lived in the Laguna West and Lakeside areas since 2000.  I know the area well.  If you are exploring the … (18 comments)

laguna west: Elk Grove Market Report for April, Ditto March - 05/10/21 04:37 PM
     April was much like March in the Elk Grove market so I am tempted to just say, "ditto," but I will do my best to add something new and intriguing.  Home prices are up 20% year over year.  Homes are going pending very quickly and there is not much supply.  The only difference from March is that prices are up in Elk Grove just over $10,000.  What does it take for buyers to get into contract?  Offers above listing price, cash or conventional loan offers, great terms and possibly a free month or two rent back period for the seller.
  … (28 comments)

laguna west: Elk Grove Market Update, Feb 2021 - 03/09/21 10:55 AM
     Elk Grove is a wonderful community just South of Sacramento.  It is a diverse area with distinctive neighborhoods ranging from older neighborhoods to newer neighborhoods, including areas with new construction.  There are also plenty of parks and walking paths to enjoy.  Its proximity to two major highways makes it a desirable area for those who want to visit the Wine Country, San Francisco, Lake Tahoe, lakes, rivers and so much more.We have enjoyed making Elk Grove our home since 1999. 
 
View Homes in Elk Grove
View Homes in 55+ Communities in Elk Grove (when available)
 
Elk Grove
     It has been a very … (24 comments)

laguna west: Who Needs a Groundhog? - 03/07/21 08:58 AM
        
How do I mark the start of spring?  Not with a cute little groundhog.  Spring starts when the daffodils are in bloom.  My preference is for King Alfred Daffodils with their bright yellow, happy faces, but daffodils start out beautiful  and just get better. I can't wait for our gladiolus to come up next!  You can see one holdover from last summer.  I wonder who the gardener is.  He seems a little lazy.
A quick story about the concrete bench.  It used to sit in front of our favorite nursery, Capital Nursery.  It went out of business a … (31 comments)

laguna west: Second Place is Last Place, Elk Grove Jan. 2021 Real Estate Update - 02/15/21 09:57 AM
Elk Grove, January 2021
Buyers
     The market in Elk Grove is very difficult for home buyers.  You get a hint of how hard it is when you look at the numbers.  Prices are way up year over year.  Few homes are on the market and, when the few houses available hit the market, they are in contract very quickly.  Here is what we are facing day to day.  A house comes on the market.  My very well qualified client puts an offer in way over the highest recent sales and offers to pay all costs in the contract (traditionally, the seller pays … (25 comments)

laguna west: Laguna West, Lakeside, Stonelake Market Update, Dec 2020 - 01/10/21 09:42 AM
Laguna West, Lakeside and Stonelake, Dec. 2020
 
I include the neighborhoods of Laguna West, Lakeside and Stonelake together because they are very similar in style.  Pricing was very strong over the last year, while inventory was way down.  Currently, there are only 4 homes available with an average listing price of $586,947.  It is a very good market for homeowners that would like to sell, but a very difficult market for home buyers. 
Laguna West, Lakeside and Stonelake, 4th Quarter 2020
I like to look at the last month versus the last quarter to see if the trends are similar in such a small … (11 comments)

laguna west: West Elk Grove and Laguna Area Update, April 2020 - 05/12/20 04:18 PM
    Elk Grove West of Hwy 99
     View Homes in West Elk Grove
View Homes in Heritage Lakeside and Glenbrooke (55+ Communities)
     We were off to a very strong start in Elk Grove this year prior to the Covid 19 pandemic.  April pricing held up in Elk Grove even considering that some of these sales occurred after the stay at home order was given.  April Median home prices were up 4.4% year over year and about $5,000 over March (See March Report 2020).  We could only show vacant homes over most of last month, but that order has lifted and … (15 comments)

laguna west: The Boos Brothers Make an Elk Grove Appearance - 10/31/19 04:48 PM
  The Boos Brothers have decided to make one final appearance this year in Laguna West.  It has been a tough year with the sprinklers dousing them a couple of times and all those CA winds, but they have agreed to play on final night.  There will be pyrotechnics and live music galore, including such great hits as the Monster Mash and Warewolves of London. 
 
  
OK, OK, the pyrotechnics are really a fog machine and a couple strobe lights, the music was recorded live years ago and the Boos Brothers are not real, but they are making their final appearance for the year.  It … (13 comments)

laguna west: Happy Dogtoberfest! - 10/01/19 10:19 AM
Happy Dogtoberfest!  It is the second anniversary of my favorite Elk Grove Brewery, Dreaming Dog Brewery.  There will be plenty of festivities: a vendor faire from 1:30-4:30 pm, the Elk Grove K-9's will make a visit, the Grand Island Fire Brigade will play some polka music and it will all be finished off with a karaoke party from 6:30 to 10:00 pm.  The Squeeze Burger truck will be there for most of the day making their famous cheese skirt burger!
And do not forget to try one of their delicious beers.  My personal favorite is their porter.  I have also been know to enjoy one … (5 comments)

laguna west: Kayaking in Elk Grove - 09/29/19 01:24 PM
Saturday morning we spent time kayaking in the Stone Lakes National Wildlife Refuge.  We visited a private area that can only be accessed on the  Wildlife Observation Paddle Tours with a guide.  It was beautiful.  It was peaceful.  It was only five minutes from our home in Laguna West, Elk Grove and it took me and my wife over 20 years of living here to discover it.  The area we accessed is a three mile slough.  We were lucky the Sandhill Cranes had just showed up a couple of days ago.  We also saw plenty of  Blue Herons. 
 
Wild Life and Habitat … (6 comments)

laguna west: Laguna West-Lakeside Real Estate Update April, 2013 - 04/19/13 05:37 AM
Our market, here in Laguna West-Lakeside, Elk Grove is still on a roll.  House prices have risen dramatically in the last year and there is not much supply.
 

Here is what the price per square foot change has been over the past year.
 

 
Finally, this is our inventory levels over the past year.
 

 
 
Generally, three months of inventory is considered the cut off between a buyers and sellers market so it is very evident that the inventory levels are still very low.  Home sellers are in a very good position.  Home buyers, … (4 comments)

laguna west: Spring in Laguna West-Lakeside - 04/13/12 08:58 AM
     One fall I took pictures of the Laguna West-Lakeside and the Stonelake areas of Elk Grove and thought it would be fun to take a look at spring in the neighborhood.  Fall has always been my favorite, but when the Fruitless Pears are in bloom, it can be spectacular.  This year there was not much rain so the trees looked beautiful.  I would expect to see these trees in Narnia, not Lakeside.   

This is in front of the Lakeside Clubhouse along Maritime Drive.

 
My wife and I live in the Lakeside neighborhood called Southshore, but this is my wife's … (1 comments)

laguna west: Laguna West-Lakeside Spring Update - 04/05/12 06:52 AM
     What defines the Laguna West-Lakeside market right now?  A lack of supply.  I have been surprised by the rapid change going on here.  I have shown several houses lately and have had to wait in line several times.  It is becoming quite common.  One of my agent friends joked that showing a home was like going to a block party.
     There are 20 homes for sale in the Laguna West-Lakeside area as of today.  Nine of those homes are short sales.  There are 32 homes that are short sale contingent and another 28 homes that are pending.  In the month of March, 20 homes sold so we … (0 comments)

laguna west: Early Fall Update for 95758, incuding Laguna West and Lakeside - 09/21/11 02:12 PM
Average Home Prices
4/11  $191,000 5/11  $198,000 6/11  $189,000 7/11  $206,000 8/11  $194,000 Price per Square foot
4/11-8/11 $104 to $109 up 4.8% (4 months) 8/10-8/11 $115 to $109 down 5.2% (12 months) As you can see, our market has been down over the last 12 months, but has risen some in the last four months.  We have also seen our inventory shrink from 2.8 months to 1.9 months in the last four months.  Inventory has been low for the last few months, especially in the $100,000-$200,000 price range.  It has made for a very competitive market for buyers.  It is common to have multiple offers … (0 comments)

laguna west: Creative Uses for Garage Door Openers! - 07/18/11 02:18 PM
     I was showing houses today and, believe it or not, I walked by this without even noticing the very creative use of a garage door opener the first time through.
 
     Now it maybe just a bit unsightly, but imagine yourself eating a Hungry Man TV Dinner when the doorbell rings.  Just press the opener button and yell, "Come on in!"  You have all the bases covered!  You may want to consider this the next time you have an old opener laying around.  Waste not, want not.
     It really was a pretty good way to start my Monday.
(8 comments)

 
Ray Henson, Realtor (eXp Realty of California, Inc. (lic. #01878277))

Ray Henson

Realtor

Elk Grove, CA

More about me…

eXp Realty of California, Inc. (lic. #01878277)

Address: 15284 W. Piccadilly Rd., Goodyear, Arizona, 85395

Mobile: (916) 698-8414

Real estate information for home buyers and homes sellers in the Elk Grove CA, Sacramento CA and the surrounding areas.


Listings

Links

Archives

RSS 2.0 Feed for this blog