|
|
Real Estate Blog
Search results for: Real,Estate,Market
Thursday, 19 August 2010
Mortgage Holders Negotiating with Homeowners
In preparation for the deluge of foreclosures expected to wash over California and the country by the end of 2010, Bank of America (B of A) has announced a new program: a $3 billion principal reduction program for homeowner’s with loan-to-value (LTV) ratios exceeding 120% of the home’s current market value. B of A will reduce a homeowner’s LTV ratio to as low as 100%.
This program is limi...
Posted by Ruth Chausse at 9:02 AM in Category: Market ConditionsLink directly to this article.
Thursday, 12 August 2010
Market Update August 2010
With the summer moving on, we are moving into the busier season for Real Estate. Visitors that are considering buying are now winding down their vacations and focusing more on Real Estate. This is why we have seen more showings and offers in the past two weeks than in all of July. This has been a typical pattern for many years now.
Sellers are lowering prices in an effort attract those bu...
Posted by Ruth Chausse at 8:32 AM in Category: Market ConditionsLink directly to this article.
Tuesday, 22 June 2010
2010 a refreshing change
So this is my blog. A humble start to what I hope will be a place for some good, informative real estate discussions. Please feel free to leave a comment, be it questions, corrections, suggestions or crystal ball readings!
Thanks so much for checking it out.
2010 is turning out to be so much better than 2009, not that things are back to where we were in 2006 but at least pe...
Posted by Ruth Chausse at 6:03 PM in Category: Market ConditionsLink directly to this article.
Monday, 21 June 2010
What Determines the Value of a Home
As a Real Estate professional I get asked this question daily. I have my ideas and opinions and quite frankly they change as the "market" changes. But the one constant for me has been this: Any given property is worth what someone is willing to pay.
If you are trying to sell a property in today’s market put yourself in the shoes of a buyer. Ask yourself this question:
...
Posted by Ruth Chausse at 5:00 PM in Category: Market ConditionsLink directly to this article.
Saturday, 27 February 2010
Coming Soon to the Sonoma Real Estate Market: A Big Wave of REO's
Coming soon to the Sonoma Real Estate Market: A Big Wave of REOs. This was the news in our weekly Monday office meeting. We got word that the Bank of America is planning to introduce about 300 Sonoma County REOs within the next 90 days. We also heard that 30 of the REOs will be Sonoma Valley real estate listings and among them....will be a couple of $2 Million dollar properties.
We...
Posted by Ruth Chausse at 8:21 PM in Category: Buying PropertyLink directly to this article.
Monday, 15 February 2010
Distressed Home Sales
Short sales and Foreclosures are all the rage, but are they a major component of the real estate market here in Humboldt County, CA?
Currently in Humboldt County (2/11/10) there are …
• 517 total homes on the market
• 16 active REO (or bank-owned) homes on the market (3.1%)
• 47 active short sale listings on the mar...
Posted by Ruth Chausse at 2:32 PM in Category: Market ConditionsLink directly to this article.
Wednesday, 20 January 2010
Elk Grove homes for sale
The beauty of Elk Grove is the perfect balance of open spaces like the Cosumnes River Preserve and Stone Lake Wildlife Reserve with the business and residential developments. Elk Grove Community has made it a priority to provide parks for the residents and is known for the excellent park management system. Elk Grove offers small homes to ranch estates for sale, giving the city small town feel alon...
Posted by Ruth Chausse at 4:54 AM in Category: Careers in Real EstateLink directly to this article.
Friday, 15 January 2010
Whether To Invest On A Pre Foreclosed Or An REO Property?
If you are an investor looking to invest on a foreclosed property, then you may also want to consider whether to buy the Real Estate Owned property or the pre- foreclosed property that is still owned by the borrower. You may feel that investing on an REO property is a fairer deal as you will be assured with the title to the property and the insurance. Also you will have a security of the old owner...
Posted by Ruth Chausse at 7:49 AM in Category: Careers in Real EstateLink directly to this article.
Thursday, 14 January 2010
Never Sell Your House To A Lender!!
A depression in the economy can cause many home owners to throw up their arms and sell their homes in order to get rid of financial difficulties. But does that mean they can give away their property to a lender only because they cannot afford it anymore! Also those in financial crisis cannot treat their homes as easy to dispose consumer goods. I agree that a real estate investment can also be term...
Posted by Ruth Chausse at 6:45 AM in Category: Mortgage & FinanceLink directly to this article.
Wednesday, 13 January 2010
Predict the Future While Buying a Home
Whether you are a seller or a buyer in the real estate transactions, you must always thing in the long term of the real estate market. There are several factors that can influence tomorrow’s market and you must be prepared for both ups and downs. To sell your home for a profitable price, you must ensure that your house in good condition. This is because, buyers usually look for homes in to which t...
Posted by Ruth Chausse at 4:57 AM in Category: Buying PropertyLink directly to this article.
Tuesday, 12 January 2010
Do’s and Don’ts at a Real Estate Auction
The real estate auctions that happened before 2005 were more of trustee sales that took place in front of the house being auctioned. If you were to participate in those auctions, you would surely get a great deal, but there were drawbacks as well. If you won the bid with the highest amount then you were required to pay cash in full. Also you were not given an opportunity to inspect the house. Ther...
Posted by Ruth Chausse at 4:21 AM in Category: Careers in Real EstateLink directly to this article.
Friday, 8 January 2010
Marketing Strategies for Real Estate Agents
Real estate is a very competitive industry where property marketing plays a very important role. Real estate professionals usually consider property marketing as just looking out for clients by placing ads on advertising sites, distributing brochures or newsletters. However, the act of property marketing in real estate has more than just advertising. As a real estate agent you must ensure that you...
Posted by Ruth Chausse at 4:32 AM in Category: Careers in Real EstateLink directly to this article.
Thursday, 7 January 2010
Want to Buy the Elk Grove Homes For Sale? Manage Your Finances Properly…
Your dream of owning a home in Elk Grove will no longer be a dream. With many loan programs for the first time investors on the Elk Grove homes for sale and all necessary information present on the internet, you can easily buy your dream home. With the right information and money in hand, your investment becomes easy. But it is essential that you handle your finances correctly. Here are a few step...
Posted by Ruth Chausse at 5:05 AM in Category: Buying PropertyLink directly to this article.
Wednesday, 6 January 2010
How SEO Experts Determine the Rank of Your Listings for Sale…
In the age of online real estate marketing, you too want to rank on top in the search engine rankings. To achieve the top rank for your listings for sale, you have to hire the services of an SEO Company or professional to optimize your real estate website. The questions that appear during the selection of a SEO Company make hiring SEO professionals a very challenging task. The most common and obvi...
Posted by Ruth Chausse at 5:38 AM in Category: Free Information & ToolsLink directly to this article.
Tuesday, 5 January 2010
When Do I Pack
I got a great question from a client today. She has her current house in Eureka in escrow, and is looking for a new house in Visalia. “When do I start packing?” she asked.
A typical, 30 day escrow can be divided into 4 big chunks. During week 1, the sellers deliver all of their disclosures to the buyers, and the buyers arrange to have all of their inspect...
Posted by Ruth Chausse at 2:53 PM in Category: Selling PropertyLink directly to this article.
Monday, 4 January 2010
Basics on Real Estate Photography to Market the Local Homes for Sale
As a realtor you will want to include photos of the property you market on your real estate websites. This is indeed a very good thought as community pictures play a very important role in marketing the local homes for sale. While capturing the photos for your website, you must take care to get all the basics of photography right. These basic aspects of real estate photography include queries on w...
Posted by Ruth Chausse at 5:57 AM in Category: Careers in Real EstateLink directly to this article.
Friday, 1 January 2010
Issues in Real Estate Videos on Property For Sale
Wish You All A Very Happy New Year 2010!!
Online real estate marketing gets more effective this year by including real estate videos on websites. Real estate videos provide access to all property for sale on the online listings. These videos provide buyers a very powerful buying solution that can be accessed from anywhere on the internet. With innovative technology tools, real estate vide...
Posted by Ruth Chausse at 5:55 AM in Category: Buying PropertyLink directly to this article.
Tuesday, 29 December 2009
Know Your Requirements before You Buy the Yuba City Homes for Sale
Home to the world’s largest dried fruit processing plant and the Sunsweet Grower’s Inc, Yuba City is the county that was born during the days of the Great Californian Gold Rush. With several wineries, Yuba City is now home to 165,000 residents. The Yuba City homes for sale are not difficult to locate. With the current boom in the real estate market, there are plenty of homes for sale. The homes he...
Posted by Ruth Chausse at 5:09 AM in Category: Buying PropertyLink directly to this article.
Monday, 28 December 2009
Natomas homes for sale
Just five minutes north from downtown Sacramento is the Natomas region, which is currently booming with real estate activity. This region is adorned by the Sacramento River on the west and the American River to the south. Previously this region was home to vast farmlands. Now the local government has planned a very reasonable and beautiful residential area by keeping in mind the preservation of na...
Posted by Ruth Chausse at 5:38 AM in Category: Buying PropertyLink directly to this article.
Thursday, 24 December 2009
Trends in Real Estate
Recession has had its impact on real estate too. The real estate market is now struggling in many areas of the country. The real estate agents and brokers have realized the importance of being a financial planner in accord to being a sales person. Traditional approaches to the current market do not have its stand in the global real estate market. With real estate transactions going online, agents ...
Posted by Ruth Chausse at 9:30 AM in Category: Market ConditionsLink directly to this article.
Wednesday, 23 December 2009
A Good Picture Will Influence the Sale of Your Home
Photography facilitates better communication. With the advent in technology, portraying your thoughts with the help of pictures has eased all efforts in communication. The online real estate market has taken the best advantage of community pictures on the internet. Today’s real estate investors prefer to buy homes on the internet. Their imagination about an agent’s description on the house is now ...
Posted by Ruth Chausse at 5:28 AM in Category: EventsLink directly to this article.
A Good Picture Will Influence the Sale of Your Home
Photography facilitates better communication. With the advent in technology, portraying your thoughts with the help of pictures has eased all efforts in communication. The online real estate market has taken the best advantage of community pictures on the internet. Today’s real estate investors prefer to buy homes on the internet. Their imagination about an agent’s description on the house is now ...
Posted by Ruth Chausse at 5:28 AM in Category: EventsLink directly to this article.
 Monday, 21 December 2009
Here Is How You Can Make Your Own Real Estate Video
Your real estate website ranks the top in search engine listings. You have a good traffic into your site but that has not helped to convince your clients to do business with you. Is your content appropriate to the services you provide? Are you aware that technology has now advanced to enable the inclusion of pictures and videos on website??
Make your own real estate video to market the ...
Posted by Ruth Chausse at 4:54 AM in Category: Careers in Real EstateLink directly to this article.
Friday, 18 December 2009
Videos to Market Your Real Estate
The improvement in technology has got the world shopping online. People are now looking for homes and buying homes on the internet. A real estate agent’s website plays an important role in online real estate marketing. To be on the top of search engine listings, agents make use of SEO techniques for their websites. But ranking on top is not sufficient to keep clients on your site. Your site has to...
Posted by Ruth Chausse at 6:00 AM in Category: Market ConditionsLink directly to this article.
Thursday, 17 December 2009
Community Videos
Gone are the days when people would travel to different cities or countries to just attend a meeting. We now live in an era where we can communicate with a person at the other end of a video screen. It is the era of video conferencing and video communication. A video clipping explains the scene better than hundred words.
Internet plays an important role in video communication. The most famous...
Posted by Ruth Chausse at 8:18 AM in Category: EventsLink directly to this article.
Tuesday, 15 December 2009
Real Estate – A Budget Priced Venture
The real estate market in Sac Town is always booming with activity. With the availability of various home loans from the government and private mortgage lenders, buying a home in Sac Town has been made easy. But real estate has its speculations. If you do not repay your loan on time, your home is likely to be foreclosed. Foreclosed homes are budget priced homes. The foreclosed homes for sale in Sa...
Posted by Ruth Chausse at 5:29 AM in Category: Careers in Real EstateLink directly to this article.
Thursday, 10 December 2009
Watch Out For Negative Equity
Do you own a home which has negative equity and are wondering how this occurred? The answer is simple. Negative equity occurs when you purchase a home using a home loan and the home prices begin to decline due to economic slowdown. The home value now decreases below the value principally on mortgage. This condition is called negative equity. It can be calculated by taking the value of the home, le...
Posted by Ruth Chausse at 7:33 AM in Category: Market ConditionsLink directly to this article.
Friday, 4 December 2009
Real Estate Tips
Investment in real estate is said to be the safest form of investment any individual can make. Having found your dream home with the help of a real estate agent, you are all set to buy it. But wait! Are you warned about the risks involved in investing in real estate investment? Here are a few points that you need to before making your bid on the property.
Getting a ‘real’ real estate agen...
Posted by Ruth Chausse at 7:28 AM in Category: Buying PropertyLink directly to this article.
Thursday, 3 December 2009
Sacramento Community Real Estate
The golden city of Sacramento, California, is has a vibrant past. The recent government program, 2-1-1 Sacramento, provides the citizens with information about all the government services available to them. 2-1-1 Sacramento addresses various community services including housing, education, medicine, employment, finance, schools, children and women health and food programs and many more.
T...
Posted by Ruth Chausse at 6:56 AM in Category: Free Information & ToolsLink directly to this article.
Friday, 27 November 2009
Recession Proof Career
The recent economic conditions had unemployment rates higher than what they had been in more than a quarter of a century. Ironically the housing sector had created incredible opportunities as the interest rates in buying and selling were on the rise. During such times the country saw a gradual rise in the demand for real estate agents.
To become a real estate agent you can be educated in ...
Posted by Ruth Chausse at 12:40 AM in Category: Careers in Real EstateLink directly to this article.
Tuesday, 24 November 2009
Real Estate Scenario today
Real estate events have been quite closely watched in these fluctuating times and there has been considerable improvement on the market conditions that is favoring the buyer this quarter.
While searching for the right place to settle in, do make a thorough search on the Homes for sale section of real estate websites. Community information of the various counties in CA including Sacrament...
Posted by Ruth Chausse at 4:03 PM in Category: Market ConditionsLink directly to this article.
Wednesday, 11 November 2009
October 2009 Results
October is the third month in a row that the number of homes sold by month increased over same time last year. 88 homes sold in October 2009 over 72 homes sold in October 2008.
The average sales price of homes sold in October 2009 was $267,707.
For more Humboldt Market Data, call one of our real estate professionals at 707-445-4500...
Posted by Ruth Chausse at 1:30 PM in Category: Market ConditionsLink directly to this article.
October 2009 Results
October is the third month in a row that the number of homes sold by month increased over same time last year. 88 homes sold in October 2009 over 72 homes sold in October 2008.
The average sales price of homes sold in October 2009 was $267,707.
For more Humboldt Market Data, call one of our real estate professionals at 707-445-4500...
Posted by Ruth Chausse at 1:30 PM in Category: Market ConditionsLink directly to this article.
October 2009 Results
October is the third month in a row that the number of homes sold by month increased over same time last year. 88 homes sold in October 2009 over 72 homes sold in October 2008.
The average sales price of homes sold in October 2009 was $267,707.
For more Humboldt Market Data, call one of our real estate professionals at 707-445-4500...
Posted by Ruth Chausse at 1:30 PM in Category: Market ConditionsLink directly to this article.
October 2009 Results
October is the third month in a row that the number of homes sold by month increased over same time last year. 88 homes sold in October 2009 over 72 homes sold in October 2008.
The average sales price of homes sold in October 2009 was $267,707.
For more Humboldt Market Data, call one of our real estate professionals at 707-445-4500...
Posted by Ruth Chausse at 10:07 AM in Category: NewsLink directly to this article.
Monday, 2 November 2009
Recession's over, but it doesn't feel that way in capital area
Recession’s over, but it doesn’t feel that way in capital area
It looks like the longest U.S. recession since the 1930s is over.
So why doesn’t it feel that way?
After four quarters of shrinking, the nation’s economy – as measured by its gross domestic product – grew 3.5 percent in the third quarter, the Commerce Department reported Thursday.
...
Posted by Ruth Chausse at 10:10 PM in Category: NewsLink directly to this article.
Friday, 30 October 2009
Certified Distressed Property Expert
Certified Distressed Property Expert- Linda Hess
LINDA HESS of GREATWEST GMAC REAL ESTATE, 2235 Douglas Blvd.#520, Roseville, Ca. has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by “distressed” homes in ...
Posted by Ruth Chausse at 5:33 PM in Category: NewsLink directly to this article.
Wednesday, 28 October 2009
Do your homework on reverse mortgage
Ask the Experts: Do your homework on reverse mortgages
Our three new "Ask the Experts" writers have been busily answering financial questions this month from online readers.
Here’s a sample of their advice on personal finance, wills/estates and investing.
To see more questions or to get advice from our other financial experts on taxes, banking and investment clubs,...
Posted by Ruth Chausse at 6:47 PM in Category: NewsLink directly to this article.
Wednesday, 21 October 2009
Real Estate - A Great Long Term Investment
Real Estate - A Great Long Term Investment
GreatWest GMAC Real Estate professionals know real estate is a good long-term investment. Although home values have stalled or experienced decline in recent years, longer snapshots in time have proved real estate to be a fantastic investment.
Let’s consider one scenario provided by a real estate professional. If someone were fortunate e...
Posted by Ruth Chausse at 8:59 PM in Category: NewsLink directly to this article.
Monday, 5 October 2009
FHA loans soar in Sacramento area
FHA loans soar in Sacramento area
The number of government-backed FHA loans jumped sharply last year, propping up a local real estate market otherwise saturated by loan denials.
During 2008, lenders issued 8,998 FHA loans in the Sacramento region, up from 649 during 2007, according to statistics released this week by the Federal Financial Institutions Examination Council.
Posted by Ruth Chausse at 8:38 PM in Category: NewsLink directly to this article.
Monday, 14 September 2009
Mortgage fraud bills sent to Schwarzenegger
Mortgage fraud bills sent to Schwarzenegger
As financial carnage from the housing crash continues across California, state lawmakers have sent several bills that crack down on mortgage fraud to Gov. Arnold Schwarzenegger’s desk.
In recent days, the Assembly and Senate have jointly passed bills to ban loan modification companies from asking for upfront fees and make mortgag...
Posted by Ruth Chausse at 6:19 PM in Category: NewsLink directly to this article.
Sunday, 6 September 2009
What determines the value of a home?
As a Real Estate professional I get asked this question daily. I have my ideas and opinions and quite frankly they change as the "market" changes. But the one constant for me has been this: Any given property is worth what someone is willing to pay.
If you are trying to sell a property in today’s market put yourself in the shoes of a buyer. Would you pay what you are asking?
If...
Posted by Ruth Chausse at 10:47 AM in Category: Market ConditionsLink directly to this article.
Friday, 4 September 2009
Sacramento-area man called the housing crash
Hats are off today to Sacramento’s Michael Choe, 43, a supervising engineer with the state Department of Toxic Substances Control. This week he earned his second appearance in Time magazine since 2005 – for making good calls in this crazed real estate market.
Choe sold high in 2004.
He rented for four years.
He bought low in 2008.
As the housing crash con...
Posted by Ruth Chausse at 8:01 PM in Category: NewsLink directly to this article.
Saturday, 22 August 2009
Sacramento-area home sales remain sluggish
Sacramento-area home sales remain sluggish
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/2130021.html
Sales of existing homes in the Sacramento area climbed 2.6 percent from June to July – far short of the surprising 7.2 percent rise nationally that sent stocks soaring Friday.
A July report showed sales of 3,495 existing ...
Posted by Ruth Chausse at 10:38 AM in Category: NewsLink directly to this article.
Wednesday, 19 August 2009
Small home makes big splash in Sacramento development
Home Front: Small home makes big splash in Sacramento development
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/2108425.html?storylink=pd
The K. Hovnanian-built house in Natomas has a standard-size bedroom and a surprisingly large great room that combines a kitchen and living room. But that’s about it for 817 square feet – likely...
Posted by Ruth Chausse at 9:38 PM in Category: NewsLink directly to this article.
Tuesday, 18 August 2009
Housing Stability per Real Trends
Price stability emerged in most areas of Texas, California and the Northeast, according to a recent study by California-based John Burns Real Estate Consulting. Florida and Midwest was close behind. The Northwest, Southeast, Southwest and outlying areas in all submarkets continue to struggle.
According to the study, sales per community have not changed much for several months and starts...
Posted by Ruth Chausse at 1:18 PM in Category: Market ConditionsLink directly to this article.
Monday, 17 August 2009
Troubled homeowners wrestle with loan holders
Troubled homeowners wrestle with loan holders
By Kevin G. Hall
http://www.sacbee.com/business/story/2111186.html?storylink=pd
WASHINGTON – Nearly three years into the deepest U.S. housing slump in generations, lenders are modifying only a small number of problem mortgages, and rising foreclosures are restraining the economy’s recovery.
The Obama administr...
Posted by Ruth Chausse at 5:16 PM in Category: NewsLink directly to this article.
Friday, 14 August 2009
Suburban Sacramento land rush? Big homebuilders buy up 'finished' lots
Suburban Sacramento land rush? Big homebuilders buy up ’finished’ lots
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/topstories/story/2108559.html
Sacramento’s new-home sales are still down and out, but some capital-area builders are betting money that the region’s suburbs will soon resume their growth boom.
...
Posted by Ruth Chausse at 4:27 PM in Category: NewsLink directly to this article.
Suburban Sacramento land rush? Big homebuilders buy up 'finished' lots
Suburban Sacramento land rush? Big homebuilders buy up ’finished’ lots
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/topstories/story/2108559.html
Sacramento’s new-home sales are still down and out, but some capital-area builders are betting money that the region’s suburbs will soon resume their growth boom.
...
Posted by Ruth Chausse at 7:24 AM in Category: Buying PropertyLink directly to this article.
Monday, 10 August 2009
Bad June swoon for Sacramento-area homebuilders
August 10, 2009
Bad June swoon for Sacramento-area homebuilders
http://www.sacbee.com/static/weblogs/real_estate/
Ouch! Homebuilders in Sacramento, El Dorado, Placer and Yolo counties reported their second worst sales month of 2009 in June, selling just 197 homes, condominiums and townhouses, the California Building Industry Association reported about an hour ago.
Th...
Posted by Ruth Chausse at 6:53 PM in Category: NewsLink directly to this article.
Wednesday, 5 August 2009
New land deals seen
Construction: New land deals seen
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/2080102.html?storylink=pd
The real estate market isn’t cured yet, but several indicators suggest that it is beginning that long, slow and greatly anticipated climb out of intensive care.
If so – and if the patterns continue – the market here ...
Posted by Ruth Chausse at 5:14 PM in Category: NewsLink directly to this article.
Monday, 27 July 2009
US Home Prices have Smallest Decline in 10 Months
July 22 (Bloomberg) -- U.S. home prices had the smallest annual drop in 10 months, signaling the free fall of property values is abating in the three-year housing slump at the center of a global recession.
Prices declined 5.6 percent in May from a year earlier and rose 0.9 from April, the Federal Housing Finance Agency in Washington said today. Economists expected a 0.2 percent drop for ...
Posted by Ruth Chausse at 7:17 PM in Category: NewsLink directly to this article.
Friday, 24 July 2009
Real Estate Sales
Real Estate Sales
Posted: Friday, Jul 24, 2009 - 05:11:08 pm PDT
http://www.cdapress.com/articles/2009/07/24/real_estate/1-real-estate-sales.txt
Email this story Printer friendly version By Press staff and
The Associated Press
Jeff Chiu/Associated Press In this July 21 photo, a home for sale is shown in San Francisco. A real estate group’s report sai...
Posted by Ruth Chausse at 10:11 PM in Category: NewsLink directly to this article.
Monday, 20 July 2009
California foreclosure deals are bittersweet for novice investors
California foreclosure deals are bittersweet for novice investors
Buzz up!By Nicole Williams
nwilliams@sacbee.com
http://www.sacbee.com/ourregion/story/2038862.html
Many Californians saw their dreams go up in smoke when the housing market burned up as a result of heavy job losses, bankruptcies and balloon mortgage payments, but others are rising from the ashes...
Posted by Ruth Chausse at 6:23 PM in Category: NewsLink directly to this article.
Friday, 17 July 2009
Sacramento-area home sales fall for 1st time since April 2008
Sacramento-area home sales fall for 1st time since April 2008
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/2033127.html
The 14-month streak is over.
Sacramento-area home sales reached their highest monthly count yet this year in June. But with fewer bank repos on the market, they failed to beat the numbers from June 2008, acc...
Posted by Ruth Chausse at 9:55 PM in Category: NewsLink directly to this article.
Friday, 10 July 2009
How assessor slashes property values
Home Front: How assessor slashes property values
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/2014910.html
This week the Sacramento County Assessor’s Office – and more like it across the great foreclosure belts of California – chopped property values again on nearly everything built in the housing boom.
The value slash...
Posted by Ruth Chausse at 9:56 PM in Category: NewsLink directly to this article.
Monday, 6 July 2009
Repo business soars as Sacramento area home sales slump
Repo business soars as Sacramento area home sales slump
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/topstories/story/2002300.html
At the beginning, Alejandro Maybuena lost the Sacramento house he bought in April 2005 for $350,000. At the end, in early 2009, Kim Gish bought it for $109,000.
Stories like this have happened more than 40,000 ...
Posted by Ruth Chausse at 5:08 PM in Category: NewsLink directly to this article.
Wednesday, 24 June 2009
"We're in a slow, but definite recovery mode"
"We’re in a slow, but definite recovery mode"
http://www.sacbee.com/static/weblogs/real_estate/archives/2009/06/were-in-a-slow.html?mi_atom=Home%20Front
So says Alexis McGee, president of Fair Oaks-based Foreclosures.com, which tracks the nation’s foreclosure markets for real estate investors. Here’s McGee’s new national roundup:
...
Posted by Ruth Chausse at 6:49 PM in Category: NewsLink directly to this article.
Monday, 22 June 2009
Obtaining a Lower Tax Assessment on Your Home
Recently, GreatWest GMAC Real Estate Professionals have heard from folks interested in possibly obtaining lower property tax assessments on their homes. Generally, these folks are individuals who purchased homes in the last few years, at the height of the market, and now find their homes valued less than they paid for them.
The link below is to the County of Sacramento Assessor’s Office....
Posted by Ruth Chausse at 4:32 AM in Category: Free Information & ToolsLink directly to this article.
Friday, 19 June 2009
Sacramento area misses move-up homebuyers -- they're staying put
Sacramento area misses move-up homebuyers -- they’re staying put
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/topstories/story/1959684.html
Almost four years into the real estate crash, a once-thriving sector of the Sacramento-area housing market – the move-up buyer – has become a virtual dead zone that must revive itself for a true reco...
Posted by Ruth Chausse at 5:18 PM in Category: NewsLink directly to this article.
Wednesday, 17 June 2009
El Dorado County rejects some federal stimulus money
El Dorado County rejects some federal stimulus money
By Cathy Locke
clocke@sacbee.com
http://www.sacbee.com/ourregion/story/1945169.html
El Dorado County officials turned down $1.6 million in federal stimulus funds, leaving an ideologically diverse group, including affordable-housing advocates and local contractors, angry and perplexed.
The Board of S...
Posted by Ruth Chausse at 5:11 PM in Category: NewsLink directly to this article.
Friday, 12 June 2009
Home Front: Lenders' phones silent as rates rise
Home Front: Lenders’ phones silent as rates rise
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1940229.html
Mortgage rates, rising quickly from near-historic lows earlier this year, are already having negative consequences in the capital region.
"All of a sudden the phones just stopped ringing," said Michael McGee, ...
Posted by Ruth Chausse at 5:09 PM in Category: NewsLink directly to this article.
Wednesday, 10 June 2009
Use of short sales on rise in Sacramento housing market
Use of short sales on rise in Sacramento housing market
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1933643.html
For years real estate agents have steered buyers away from "short sales," labeling them a mind-numbing, difficult experience that could exhaust the patience of the biblical Job.
Now buyers can hardly avoid th...
Posted by Ruth Chausse at 4:31 PM in Category: NewsLink directly to this article.
Monday, 8 June 2009
Evidence that the housing market is recovering
Here’s more evidence that the housing market is recovering.
Two major home builders, Toll Brothers Inc. and Hovnanian Enterprises Inc., say their losses were shrinking compared to last year because buyers are coming back to the market.
Other encouraging news came from IHS Global Insight, a research firm, which said home prices fell on average at an annual rate of 2.2 percent in t...
Posted by Ruth Chausse at 7:25 PM in Category: NewsLink directly to this article.
Wednesday, 3 June 2009
Waiting game on low mortgage rates backfires
Waiting game on low mortgage rates backfires
By Mark Glover
mglover@sacbee.com
http://www.sacbee.com/business/story/1903523.html
Sacramento-area homeowners and prospective first-time homebuyers might be wondering: Did we miss the boat on mortgage rates?
The short answer from experts is: Probably, but rates are still very attractive.
For ...
Posted by Ruth Chausse at 5:54 PM in Category: NewsLink directly to this article.
Monday, 1 June 2009
European media want close-ups of capital-area housing crash
Home Front: European media want close-ups of capital-area housing crash
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/736/story/1883525.html
Europeans are making Sacramento a regular stop on media expeditions to the housing crisis that has been pounding their banks.
This year, Home Front has received inquiries from a Swiss newspaper, a ...
Posted by Ruth Chausse at 5:33 PM in Category: NewsLink directly to this article.
Wednesday, 27 May 2009
Fannie Mae and Freddie Mac's new rules are raising appraisal costs, critics say
Fannie Mae and Freddie Mac’s new rules are raising appraisal costs, critics say
http://www.latimes.com/classified/realestate/news/la-fi-harney17-2009may17,0,5903005.story
The rules, intended to improve the accuracy of home valuations, push most large lenders to use third-party appraisal management companies.
Reporting from Washington -- How about this scenario...
Posted by Ruth Chausse at 4:44 PM in Category: NewsLink directly to this article.
Sunday, 24 May 2009
So You Think You Want To Purchase A Fixer
It isn’t unusual for GreatWest GMAC Real Estate professionals to be approached by home buyers interested in procuring a “fixer-upper” home. Certainly in our current market with many bank-owned homes available, finding such a property shouldn’t be difficult.
However, there are certain things to be considered prior to purchasing that can help safeguard any investment of money, time and eff...
Posted by Ruth Chausse at 9:17 AM in Category: Buying PropertyLink directly to this article.
Saturday, 23 May 2009
Index: Price declines leveling
Index: Price declines leveling
Inman News
http://www.inman.com/news/2009/05/22/index-price-declines-leveling
The price per square foot of homes improved from February to March in 11 of 25 metro areas tracked, real estate analytics and data company Radar Logic reported this week.
The composite price-per-square-foot index for the 25 metro areas fell 0.3 percent o...
Posted by Ruth Chausse at 10:15 AM in Category: NewsLink directly to this article.
Monday, 18 May 2009
Home Front: First-time buyers reap reward of median price in Sacramento County
Home Front: First-time buyers reap reward of median price in Sacramento County
Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1863568.html
For all the pain and trouble associated with this housing bust, one thing is clear: It’s getting better and better for first-time buyers.
And few places beat Sacramento, according to a ne...
Posted by Ruth Chausse at 8:51 PM in Category: NewsLink directly to this article.
Sunday, 17 May 2009
Navigating These Economic Times
The other morning a GreatWest GMAC Real Estate professional was brainstorming with another Realtor. Both agreed that in addition to helping buyers purchase property, and sellers to sell their homes, they had voluntarily taken up the shield, for helping past clients, friends and family, to stay in their economically challenged homes during these difficult times.
Currently, they were avera...
Posted by Ruth Chausse at 7:30 AM in Category: Mortgage & FinanceLink directly to this article.
Thursday, 14 May 2009
Hear the Bell Ringing?
Now is the time to buy real estate in Humboldt County. Tonight there was a very informative Home Buyers Seminar. The format was quick and to the point discussing the federal first time home buyer tax credit, the state home buyer tax credit, financing choices, market signs, current market data, several other related issues. John Fullerton, CPA spoke about benefits to purchasing now and take adva...
Posted by Ruth Chausse at 8:29 PM in Category: Buying PropertyLink directly to this article.
Monday, 11 May 2009
The Case for Buying a Home Right Now!
The Case for Buying a Home Right Now
Low interest rates and very flexible prices make this a good time to be a buyer.
By BRETT ARENDS - WALL STREET JOURNAL
Talk about capitulation! Judging from my mailbag following last week’s coverage of the Case-Shiller housing numbers, almost nobody has a good word to say about the real estate market any more.
I’m an insti...
Posted by Ruth Chausse at 2:28 PM in Category: Buying PropertyLink directly to this article.
Sunday, 10 May 2009
Signs Point to Sacramento Housing Recovery
Many GreatWest GMAC Real Estate Professionals have been noticing that the Sacramento housing market has been stabilizing. About 80% of the foreclosure market is completed, and sales have doubled in number since a year ago. It appears that the housing market declines of the past months have began to slow, rather than continuing to dive over a cliff.
The Wall Street Journal released a few...
Posted by Ruth Chausse at 5:44 AM in Category: Market ConditionsLink directly to this article.
Wednesday, 6 May 2009
What makes a Realtor good?
What makes a Realtor good?
http://www.inman.com/news/2009/05/5/what-makes-a-realtor-good-answer
A few months ago, I asked "What Makes an Agent Good?" and triggered a bit of a conversation. I was after an objective standard of quality by which a particular real estate agent can be measured, but ended up in a discussion (which is still ongoing one way or another) about profession...
Posted by Ruth Chausse at 7:10 PM in Category: NewsLink directly to this article.
Saturday, 2 May 2009
April 2009 Shows Positives
The preliminary numbers are looking good for Humboldt County’s real estate market. There will be the last two days of the month yet to evaluate but so far the median sales price was up slightly and the number of homes sold in April were up slightly. Yes this can be a seasonal issue but it still shows signs of stabilizing. The median home price is $274,950 for April up from $265.00 in Marc...
Posted by Ruth Chausse at 1:31 PM in Category: Market ConditionsLink directly to this article.
Wednesday, 29 April 2009
Questions and Answers Surrounding Short Sales
Questions and Answers Surrounding Short Sales
As homeowners grapple with declining home values, and in some instances, mortgage payments that have dramatically increased, GreatWest GMAC Real Estate professionals are increasingly be queried about Short Sales.
Often a seller will become concerned because they are unable to make house payments, but do still have an ability to make ...
Posted by Ruth Chausse at 4:51 PM in Category: NewsLink directly to this article.
Friday, 24 April 2009
After the Fall
Goodbye, McMansions
Book review: ’After the Fall’
By Patrick S. Duffy, Friday, April 24, 2009.
Inman News
http://www.inman.com/news/2009/04/24/goodbye-mcmansions?page=0%2C0
Cover image courtesy John Wiley & Sons, Inc.Book review
Title: "After the Fall: Opportunities and Strategies for Real Estate Investing in the Coming Decade"
Author: Steve ...
Posted by Ruth Chausse at 4:35 PM in Category: NewsLink directly to this article.
Wednesday, 22 April 2009
Do You Live Here?
CITIES WHERE HOME PRICES COULD FALL MORE
With incomes falling and loans remaining hard to get, the best bargains are probably yet to come in some of the nation’s largest housing markets, predicts Forbesmagazine.
To figure out which housing markets still haven’t hit bottom, Forbes calculated the spending power, unemployment, credit availability and housing stock over the las...
Posted by Ruth Chausse at 10:24 AM in Category: Market ConditionsLink directly to this article.
Monday, 20 April 2009
Bold business owners get in position early for economic upswing
Bold business owners get in position early for economic upswing
ShareThisBy Dale Kasler
dkasler@sacbee.com
Published: Sunday, Apr. 19, 2009 - 12:00 am | Page 13A
http://www.sacbee.com/business/story/1791340.html
From retailing to real estate and beyond, some businesses are starting to gear up for the next economic growth cycle.
In the face of an epic ...
Posted by Ruth Chausse at 6:47 PM in Category: NewsLink directly to this article.
Bold business owners get in position early for economic upswing
Bold business owners get in position early for economic upswing
ShareThisBy Dale Kasler
dkasler@sacbee.com
Published: Sunday, Apr. 19, 2009 - 12:00 am | Page 13A
http://www.sacbee.com/business/story/1791340.html
From retailing to real estate and beyond, some businesses are starting to gear up for the next economic growth cycle.
In the face of an epic ...
Posted by Ruth Chausse at 3:03 PM in Category: Buying PropertyLink directly to this article.
Sunday, 19 April 2009
Questions and Answers Surrounding Short Sales
As homeowners grapple with declining home values, and in some instances, mortgage payments that have dramatically increased, GreatWest GMAC Real Estate professionals are increasingly be queried about Short Sales.
Often a seller will become concerned because they are unable to make house payments, but do still have an ability to make all or part payment of the negative equity. They may hop...
Posted by Ruth Chausse at 5:31 PM in Category: Selling PropertyLink directly to this article.
Saturday, 18 April 2009
Sacramento region's repossessed home sales boom hits lull
Sacramento region’s repossessed home sales boom hits lull
ShareThisBy Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1789794.html
Published: Saturday, Apr. 18, 2009 - 12:00 am | Page 1B
Months of foreclosure moratoriums, stepped-up loan modifications and bank decisions to keep repossessed homes off the market are biting hard into a s...
Posted by Ruth Chausse at 9:50 PM in Category: NewsLink directly to this article.
Sacramento region's repossessed home sales boom hits lull
Sacramento region’s repossessed home sales boom hits lull
ShareThisBy Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1789794.html
Published: Saturday, Apr. 18, 2009 - 12:00 am | Page 1B
Months of foreclosure moratoriums, stepped-up loan modifications and bank decisions to keep repossessed homes off the market are biting hard into a s...
Posted by Ruth Chausse at 9:47 PM in Category: NewsLink directly to this article.
Saturday, 11 April 2009
Snag a great deal on a short sale
Snag a great deal on a short sale
Short sales - where a lender agrees to take less than it’s owed on a mortgage - are rising sharply. Here’s how you can profit.
Source: CNNmoney.com
(Money Magazine) -- When Brian Gavitt, a physician, and his wife Gayleen, a stay-at-home mom, started to eye homes in Sacramento last winter, they knew they were looking in the ha...
Posted by Ruth Chausse at 8:23 AM in Category: Buying PropertyLink directly to this article.
Wednesday, 8 April 2009
No bids at foreclosure auctions for Cal Neva Tahoe
No bids at foreclosure auctions for Cal Neva Tahoe
ShareThisBy Dale Kasler
dkasler@sacbee.com
Published: Wednesday, Apr. 8, 2009 - 4:06 pm
Last Modified: Wednesday, Apr. 8, 2009 - 4:32 pm
Unable to find a buyer for the ailing Lake Tahoe casino once owned by Frank Sinatra, the resort’s reluctant owner said it will keep the place open anyway.
The Cal N...
Posted by Ruth Chausse at 10:14 PM in Category: NewsLink directly to this article.
No bids at foreclosure auctions for Cal Neva Tahoe
No bids at foreclosure auctions for Cal Neva Tahoe
ShareThisBy Dale Kasler
dkasler@sacbee.com
Published: Wednesday, Apr. 8, 2009 - 4:06 pm
Last Modified: Wednesday, Apr. 8, 2009 - 4:32 pm
Unable to find a buyer for the ailing Lake Tahoe casino once owned by Frank Sinatra, the resort’s reluctant owner said it will keep the place open anyway.
The Cal N...
Posted by Ruth Chausse at 11:04 AM in Category: Market ConditionsLink directly to this article.
No bids at foreclosure auctions for Cal Neva Tahoe
No bids at foreclosure auctions for Cal Neva Tahoe
ShareThisBy Dale Kasler
dkasler@sacbee.com
Published: Wednesday, Apr. 8, 2009 - 4:06 pm
Last Modified: Wednesday, Apr. 8, 2009 - 4:32 pm
Unable to find a buyer for the ailing Lake Tahoe casino once owned by Frank Sinatra, the resort’s reluctant owner said it will keep the place open anyway.
The Cal N...
Posted by Ruth Chausse at 10:15 AM in Category: Market ConditionsLink directly to this article.
Tuesday, 7 April 2009
Home Front: Don't expect those Bay Area shoppers anytime soon
Home Front: Don’t expect those Bay Area shoppers anytime soon
By Jim Wasserman
jwasserman@sacbee.com
Published: Friday, Apr. 3, 2009 - 12:00 am | Page 1B
In area conversations about real estate it’s often an act of faith that a widening gap between Sacramento and Bay Area home prices might soon spark a new migration east to buy houses cheap and put an end t...
Posted by Ruth Chausse at 7:25 PM in Category: NewsLink directly to this article.
Monday, 6 April 2009
FHA Key to Housing Rebound
FHA Key to Housing Rebound, Say Realtors®
WASHINGTON, April 02, 2009
The Federal Housing Administration is a primary source of mortgage financing for millions of America’s families and plays a key role in helping bring stability to the housing market. This is the message that the National Association of Realtors® delivered to the Senate Appropriations Subcommittee today.
“Wi...
Posted by Ruth Chausse at 8:06 AM in Category: Buying PropertyLink directly to this article.
Saturday, 4 April 2009
Is FHA the Key to the Housing Rebound?
ACCORDING TO RISMEDIA:
RISMEDIA, April 4, 2009-The Federal Housing Administration (FHA) is a primary source of mortgage financing for millions of America’s families and plays a key role in helping bring stability to the housing market. This is the message that the National Association of Realtors® (NAR) recently delivered to the Senate Appropriations Subcommittee. “Without FHA financing, famil...
Posted by Ruth Chausse at 10:00 AM in Category: Buying PropertyLink directly to this article.
Is FHA the Key to the Housing Rebound?
ACCORDING TO RISMEDIA:
RISMEDIA, April 4, 2009-The Federal Housing Administration (FHA) is a primary source of mortgage financing for millions of America’s families and plays a key role in helping bring stability to the housing market. This is the message that the National Association of Realtors® (NAR) recently delivered to the Senate Appropriations Subcommittee. “Without FHA financing, famil...
Posted by Ruth Chausse at 10:00 AM in Category: Buying PropertyLink directly to this article.
Friday, 3 April 2009
Read Before You Remodel!
2008 Cost vs. Value Report: Still Many Happy Returns for Home Rehabs
Remodeling magazine’s annual report shows that maintenance-related projects and moderately priced upgrades are providing stable paybacks, even in a slower market.
By G.M. Filisko | December 2008
Despite home price drops in many cities, remodeling projects are holding their own as a way for owners to add va...
Posted by Ruth Chausse at 10:59 AM in Category: Selling PropertyLink directly to this article.
Thursday, 2 April 2009
Rentng verses Owning
Given recent changes in home prices and the current low mortgage rate climate, there have been significant gains in affordability for prospective first-time homeowners. Earlier in 2009, a provision in the Stimulus Bill provided for a first-time Homebuyer Tax Credit of 10 percent of the purchase price of the home up to $8,000. The CALIFORNIA ASSOCIATION OF REALTORS® analyzed the difference between ...
Posted by Ruth Chausse at 10:50 AM in Category: Buying PropertyLink directly to this article.
Rentng verses Owning
Given recent changes in home prices and the current low mortgage rate climate, there have been significant gains in affordability for prospective first-time homeowners. Earlier in 2009, a provision in the Stimulus Bill provided for a first-time Homebuyer Tax Credit of 10 percent of the purchase price of the home up to $8,000. The CALIFORNIA ASSOCIATION OF REALTORS® analyzed the difference between ...
Posted by Ruth Chausse at 10:48 AM in Category: Market ConditionsLink directly to this article.
Rentng verses Owning
Given recent changes in home prices and the current low mortgage rate climate, there have been significant gains in affordability for prospective first-time homeowners. Earlier in 2009, a provision in the Stimulus Bill provided for a first-time Homebuyer Tax Credit of 10 percent of the purchase price of the home up to $8,000. The CALIFORNIA ASSOCIATION OF REALTORS® analyzed the difference between ...
Posted by Ruth Chausse at 9:16 AM in Category: Market ConditionsLink directly to this article.
Monday, 23 March 2009
DIVORCING HOMEOWNERS – BUT FORCED TO LIVE TOGETHER
Increasingly, Real Estate Professionals are hearing of a trend - which could remind folks of the movie, "War of the Roses."
Current real estate market conditions have some divorcing couples looking to separate their lives, but realizing they can’t afford to live apart until their home is sold.
Unlike a few years ago, when many homeowners had loads of equity to share, and r...
Posted by Ruth Chausse at 8:18 AM in Category: Selling PropertyLink directly to this article.
Monday, 16 March 2009
View Real Estate SEO Study on Scribd
|
Latest Posts:
Archives
Categories
Search
|
| |
