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Been kind of an up and down week around here.  Busy with some client issues, in particular trying to recover a deposit, setting up an escrow and doing some general research for an investor who is interested in buying in our area. 

Over the past week I have been contacted by two investors who feel like now is the time to buy in our market.  Neither on lives here, both are in other parts of California and have said the believe now is the time to look at Sacramento real estate.   During the past month, a home in my neighborhood was sold and now rented by an investor so maybe all of this is a sign.  Or at least an indication that there  are buyers out there who believe the Sacramento real estate market has stabilized.

I checked and see that available…

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Check out the latest the first of three articles on our experience in turning a dump into a doll house at my reality real estate page, MyForSaleSign or on my weekly column at Roseville & Rocklin Today.

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Another week is slipping by and although I feel like I was busy, in the end I can’t say I accomplished as much as I had hoped.  For one I didn’t get a new column posted over at Rocklin & Roseville Today and I wanted to write another piece for MyForSaleSign.  What we did accomplish is getting the June Newsletter published, still in the final printing so if you are not on my mailing list and would like to be, let me know by email or filling out this short form.

During the week we have added another 350+ homes to the available inventory here in the Sacramento real estate market.   As I mentioned earlier in the week, there does not seem to be any reason we will not exceed the record high of homes on the market later this summer.   I continue to be surprised…

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After the wonderful Memorial Day weekend we have been working hard here at the Jalone Real Estate Group to get back up to speed.  Traci Butler has a couple of very nice transactions in process, Megan Warn is working on an important marketing campaign focused on my Mikie’s school and yesterday our Realtor –in-Training, Kelly Baker passed her Real Estate Principals exam with flying colors.  I am working with several clients including my Feng Shui friends.   We have Jody  Mahoney busy writing up her bio for the Meet the Team and individual group member pages Michael is building.

 

I hope you all had a nice weekend and getting back in to the swing of things as we head into June and the last few weeks of spring.  By the way, we are working on our June…

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Another week of watching inventory of homes for sale in the Sacramento area continues to grow and I don’t see anything on the horizon to stop this year’s inventory from exceeding the record highs we experienced last year.  As of May 21 there were 16, 608 homes in the greater Sacramento area as counted by HousingTracker.  This is an increase of 260 from the week before and an increase of 6.3 percent in the last month and 26.1 percent in the last three months. 

The difference this year is although increasing inventory puts downward pressure on pricing the median asking price in the Sacramento real estate market has remained resistant to any significant drops.  Looking at the first five months of 2007 shows that average median asking price in January of…

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An email question leads to an interesting situation about a home owner concerned that he would have to pay to sell home today and the amount he has to pay will only grow over time.  It is a far cry from the days when homeowners were making more in growing equity than they did at their job.  Check out the email and my response in my newest article, “I can’t sell it for as much as I owe.  What should I do?” which is posted on my Sacramento Real Estate News page and over at Rocklin & Roseville Today in my weekly column. Read Full Post

I am back today from my quick trip to Alaska to see my Mom on Mother’s Day and help Michael remodel our zero-lot line house in Anchorage.  I have decided to add our sale of the Anchorage house to my reality real estate series, MyForSaleSign so check it out over the next few days as we post some before and after photos.  Our only disappointment in the trip was that we were not there to see our great contractor finish the job.  Dave Northup of Northup Construction has done a spectacular job so far and know as soon as the kitchen cabinets, which were shipped to New Mexico, arrive in Anchorage he will get it completely done.

Well, like most of us returning from a few days away, the next few days will be very busy.  I have several new client meetings this week… Read Full Post

Well, our quick trip to Anchorage is almost over.  We have a busy day with some last minute tasks over at the Lamplighter property, some errands to do and a final dinner with friends and family.   Been a great trip but we are starting to get anxious to be at home and get on with the final few weeks of school and then summer.

 

I have some new clients I will be meeting with on Monday and Tuesday and I am looking forward to that as well as wrapping up a few things that I have been working on from here.  Today’s technology makes it possible to do a great deal but being in your own environment is the most effective.

 

Not much news in the real estate business these past few days, rates are edging up, there is talk the Fed could or should lower rates and…

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