Yes the Newer Smart Home in Natomas is Pending

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Real Estate Agent with Lyon Real Estate BRE #00697006

As of this particular moment, I have no active listings in MLS. Yes, I have sold all of my inventory. Which is very unusual for me at any time of the year. Almost always I carry a few in inventory. In fact, can't recall the last time over the past 7 years of our seller's market that I've ever sold every single listing to reduce my active inventory to zero.

However, lately, buyers have been demanding price reductions before they will act.

The good news is I'm not completely out of homes to sell for very long as I have at least one new listing going live in MLS this coming Friday, maybe two.

You can read more in my personal blog today about how a slight price adjustment generated an offer at this link: Newer Natomas Home in Parkwalk at Westshore Pending.

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Certified HAFA Specialistelizabeth weintraub

 

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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

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.

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Topic:
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Ambassador
1,591,645
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Not a bad problem to have, Elizabeth. ;)  I know what you mean about the over 500K market - it has slowed down. We have the same issue with one of our listings it was finished last year in July- hoping a  slight pricing adjustment will do the trick. The new construction product is trumping the year old homes. 

Jul 08, 2018 12:21 PM #1
Rainmaker
2,183,046
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

While there is a little more inventory on the market, and fewer sales, it is still very much a seller's market, and difficult for homebuyers to prevail when "demanding" price reductions in their offers.

Jul 08, 2018 01:40 PM #2
Rainmaker
2,017,311
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Debb Janes EcoBroker and Bernie Stea JD It is interest rate hikes, that are causing the slowdown in the over $500K market. First time home buyers especially are feeling the crunch and loss of buying power.

Jul 08, 2018 01:43 PM #3
Rainmaker
2,017,311
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Myrl Jeffcoat You and I are in opposite-land today. LOL. The sellers market in Sacramento is losing steam and buyers definitely are prevailing when they demand price reductions. :)

Jul 08, 2018 01:43 PM #4
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Elizabeth- You've just demonstrated why sellers need to work with the most professional and experienced agent in their area. That would be YOU!!

Jul 08, 2018 05:18 PM #5
Rainmaker
3,577,048
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, you are always busy, and won't be long before you have a slew of new listings.   

Jul 09, 2018 05:14 AM #6
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