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Saturday, September 24, 2016

Just Sold - 7327 La Tour Dr, Sacramento Ca 95842 - www.RealEstateWithDoug.com

#JustSold 9/16/2016 in #Sacramento , Ca.  I represented the seller of this cute little home.  My seller did a great job taking my suggestions and strategic opinion.  combining her commitment to do the work and then the marketing plan i rolled out on the property, we ended up with 7 offers and the house sold for $13,000 over the list price.  Congrats to my seller who is now ready to search for and find that perfect next house.  #HouseHuntingTime 

Beds2*Baths1 (1 0) (FH)*Sq Ft: 838*Lot Sz0.1377ac*

Charming 2 bed, 1 bath home. Open & naturally bright great room with vaulted ceilings provides a wonderful area for living room, dining & kitchen. This adorable property features a remodeled bathroom, master bedroom walk-in closet, indoor laundry room, large pantry closet & two car garage. Updated kitchen looks out to the back patio, perfect for outdoor entertaining. Next to neighborhood park & easy access to shops, freeway, dining & airport. Roof in good condition.

Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

clear skies,

Doug Reynolds




Friday, September 23, 2016

Video - Sacramento Real Estate Explained: What is a pest inspection

Hi, I'm Doug Reynolds.
I'm a Realtor in the Greater Sacramento Area and have been a full time agent since 2006.

In this video, i go into great detail of what a "Pest Inspection" is, how it effects a real estate transaction and what is typical for the Sacramento Real Estate Market.

This should provide great info if you are getting close to buying or selling and want to educate yourself.

Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

clear skies,

Doug Reynolds




Tuesday, September 20, 2016

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 9/20/2016

I'm a stats geek and love analyzing the Sacramento Real Estate market numbers, so...

Every Tuesday i provide a quick snapshot of what's going on with the market.  Call/Email/Text/or leave a comment below if you have any questions or opinions...


2,766   available homes on the market

2,794   Last week

2,814   Two weeks ago

2,805   Three weeks ago

2,809   Four Weeks ago

2,744   Five Weeks ago

2,704   Six Weeks ago

2,686   Seven Weeks ago

2,648   Eight Weeks ago

PENDING inventory

2,622   homes currently in escrow

2,606   Last week

2,548   Two weeks ago

2,640   Three weeks ago

2,663   Four Weeks ago

2,644   Five Weeks ago

2,648   Six Weeks ago

2,702   Seven Weeks ago

2,718   Eight Weeks ago

Median Price of homes sold for the Month

September 2016: so far this month - $325,000

August 2016 -         $324,000

July 2016  -             $322,000

June 2016 -             $329,000

May 2016 -              $319,000

April 2016  -             $310,000

March 2016  -          $307,000

February 2016  -     $299,000

January 2016  -       $284,950

December 2015 -    $297,000

November -             $290,885

October -                 $290,000

September 2015 -   $290,000

August  -                 $290,000

July -                       $292,000
June  -                     $295,000
May 2015 -              $290,000
April -                       $281,000
March -                    $281,250
February-                $283,050

Closings for the month

September 2016: so far this month - 770
August 2016 -              1,823
July 2016 -                   1,620
June 2016 -                  1,815
May 2016 -                   1,612
April 2016 -                   1,554
March 2016  -               1,440
February 2016  -           1,019
January 2016  -             918
December 2015 -          1,573
November -                   1,204
October -                       1,520
September -                  1,601
August 2015 -               1,660

July  -                            1,738
June -                           1,783
May 2015 -                   1,458
April -                            1,607
March -                         1,376
February-                      1,098
January 2015 -                927



clear skies,
Doug Reynolds


Monday, September 19, 2016

Helpful Tips for Garage Organization

I'm about to get my garage cleaning on soon. Here's a few tips to help you and myself. #GarageMakeOver

This great article came from RisMedia.com.

Don’t Be A Pack Rat: 4 Steps for Quick Garage Organization

Posted on Sep 16 2016 - 4:02pm by Housecall

By Meghan Belnap
pack ratIt's not unusual to go into a garage and wonder how it became a toxic waste dump. Let's face it, the most convenient thing to do is cram anything and everything in there when there's no room for it in the house.
Let's get that garage straight. Organization will make it less cluttered and more presentable. Secondly, you avoid potential accidents when your stuff is neat. Get busy with these four steps.
Use Space Smartly
Take advantage of ceiling and vertical space. After you've taken everything out, organize items by groups, including a group of what you're getting rid of. If possible, box groups, even if they're already in boxes. As best you can, group and label. When you begin stacking, start in the farthest corners and go floor to ceiling. The goal is to create organized storage while leaving physical space to maneuver and find things.
Create a layout based on a criteria that suits your needs. Think of it in terms of real estate and "location, location, location." Items most likely to be needed should be toward the front and higher up on stacks, or within reach on shelves. Be careful of your garage door system. Boxes that are too close to the sensors can keep your Best Doors from opening as they should. Coincidentally, stacking items too high to the roof can have the same consequence.
Recycle and Discard
This will likely be the tough part: donate or trash items you don't use or that don't fit into any of your categories. The reason our garages become so cluttered is because our first instinct is to save a broken bar stool for repair rather than just get rid of it. If you don't want to throw certain things out or you have a project for them in mind, save their storage for last so that they're always visible.
Use Innovative Spacing Systems
Create a system of modular storage or built-in cabinetry. You can put in mounted pegboards and wire grids for garden tools and sports equipment. Overhead shelves can be mounted to the ceiling. If you have clothes, buy sealing bags that can be compressed with a vacuum cleaner.
Once you have the garage organized, keep a close eye out. It will be easy to end up back where you started. An organized garage will be especially helpful if you use your garage for parking. You want enough room for a vehicle without being cramped or knocking things over.

Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

clear skies,

Doug Reynolds




Saturday, September 17, 2016

Sacramento Real Estate Video Market Update September - October 2016

Doug Reynolds, a Sacramento Area Realtor, provides a monthly update on the market statistics.

This Month i talk about the August 2016 stats.  My prediction of inventory starting to increase has happened.  We are now in a more #PriceSensitiveSellersMarket.  More homes have come on for buyers to choose from and it has shifted the balance of power a bit closer to the middle. Due to this the median has leveled off for now.  Both an increase in inventory and leveling of the median price is "normal/Typical" for this time of year in Sacramento.

So what do you need to do as a seller to have the best success in the current market??  your house needs to show well, be priced right and have an agent that knows how to market the house correctly.  That's the formula for success.

Check out my website at www.RealEstateWithDoug.com and connect with me on all my social media.

Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

clear skies,

Doug Reynolds




Friday, September 16, 2016

Sacramento Real Estate Market update - September 2016

Real Estate Update

September 2016

ó In August, the median price increased to $324,000 compared to $322,000 in July. The median is 11.7% higher than a year ago.

ó The available housing inventory is at 1.6 months. The inventory is slowly starting to creep up a bit as we head to the end of the traditional “buying season” in Sacramento. A “normal”or “balanced market” is considered about 2.5—3 months.

ó Nearly everyone, that doesn’t keep a real close eye on things, is saying‪ Sacramento‬ is currently a HUGE sellers market. Well, i think due to increased inventory over the past few months that things have leveled off a bit. The market is still leaning towards sellers but only for the homes that are priced right/show well/great marketing. The others are sitting and having price reductions. ‪#‎PriceSensitiveSellersMarket‬ 








Thursday, September 15, 2016

9 Home-Buying Myths You Need to Stop Believing Immediately

9 Home-Buying Myths You Need to Stop Believing Immediately

 | Sep 6, 2016

So you think you’re finally ready to make the jump from renter to homeowner? Awesome! In this exciting but admittedly scary time, you might be inclined to turn to friends and family for advice—especially if they own homes.
But beware, dear home buyer of the future: Those close to you might not be the experts you think they are. You could be heeding bad (albeit well-intentioned) advice without even knowing it.
So we’re here to bust the most common misconceptions about home buying so you can do this thing the right way. Because this is what we do.

Myth No. 1: The first step is looking for a house

Perhaps you just want to get a feel for the area. You know, have something in mind before you sit down with a Realtor®. I mean, you’re notreally looking yet, right?
Stop right there. Even if you think you’re just browsing, you run the risk of setting your heart on something, only to have it broken.
“A buyer might be viewing homes that are in a higher or lower price range than what they are qualified for,” says Connie Antoniou, a broker associate in Barrington, IL.
Browsing is always fun, but when it comes to serious home-buying work, you need to make sure your credit is in top-notch shape before you get started for real. Also, don’t forget to get pre-approved for a mortgagebefore you embark on your home-buying journey. This will determine what your budget is.

Myth No. 2: A 30-year mortgage is the best option

rashida shrug
If you think that the longer you agree to invest in your home, the cheaper the mortgage payments will be, think again.
Most people opt for 30-year fixed-rate mortgages and for valid reason: Monthly payments for a 30-year fixed-rate mortgage are lower than its 15-year counterpart.
But consider this: You could end up paying more during the life of the loan if you pick the 30-year option instead of the 15-year mortgage. That’s because essentially, with a 30-year loan, you’re borrowing the same amount of money for twice as long—at a higher interest rate.
“If you have $1,000, would you rather put that toward your monthly payment for your house or is there a better place for your money?” asks Samantha DeBianchi, Realtor and founder of DeBianchi Realty in Florida. “If you’re more focused on paying down the house versus the interest, a 15-year option is great.”
No, we’re not saying the 30-year option is a bad one. But keep an open mind toward other loan plans, including an adjustable-rate mortgage. If you aren’t set on staying in your home for the long haul, this could be an ideal mortgage for you.

Myth No. 3: Your down payment must be 20%

harrison ford
Sure, a 20% down payment is ideal if you want to avoid that pesky private mortgage insurance otherwise known as PMI. But many lenders will be glad to offer up home loans with 10% or 5% down—as long as you’re willing to foot the monthly bill for PMI. Or you can skip the conventional loan and head to the Federal Housing Administration for a government-backed loan with only 3.5% down, if you qualify.
In fact, there are thousands of options for down payment assistance. And while many programs are geared toward low-income home buyers, you don’t have to be destitute. There are lots of different ways you can qualify for help on the local or federal level.

Myth No. 4: The only up-front cost is a down payment

As if! For one thing, the seller might determine you’re responsible for closing costs, which can be anywhere from 3% to 6% of the purchase price—and those costs can change drastically depending on your state. And don’t forget the slew of fees, taxes, and other costs for inspections, credit reports, insurance, among others.

Myth No. 5: You can’t buy with bad credit

If you’re looking to get a conventional loan, having bad credit might give you a full stop. But FHA loans require only a 3.5% down payment andborrowers with low credit scores—even under 600—can qualify. Keep in mind, though, that FHA loans may look great at first, but they definitely aren’t for everyone.

Myth No. 6: You don’t need a home inspection

You might be tempted to believe this tall tale, especially if your housing market is hot and you’re worried your dream home could be sold in a split second to someone else who waives the home inspection.
But beware: Sellers are banking on your skipping this crucial step. It means you’ll get the home as is, including any and all problems that come with it. And sometimes those problems aren’t exactly visible.
“Just spend the money for a really thorough inspection, because in the long run it can save you a lot of money and time,” DeBianchi says.

Myth No. 7: The asking price is set in stone

Much like buying a car, the offer you make on a house does not need to be the asking price. If you have stellar credit, pre-approval, and a down payment ready to go, sellers might be more willing to negotiate than to wait for another, possibly less awesome, buyer to come around.
Plus, if your home inspection (you know—the one you got because you’resmart) turns up issues, you can use those to your advantage in your negotiations.

Myth No. 8: You don’t need an agent

good property
You might think you can do this home-buying thing solo. After all, isn’t thatwhat the internet is for?
This is where we tell you to resist the urge to DIY your first home purchase and call a Realtor instead. They’re pros who bring expertise to the table—everything from negotiating chops to turbocharged searching power (yes, they have tools to see stuff you can’t). Trust us: They know more than you do.

Myth No. 9: Schools don’t matter if you don’t have kids

We get it: You love the house, it’s in your price range, and you want to move fast. But there’s more to it than that.
The neighborhood you choose matters—both now and later when you might consider selling. Even if you don’t have children, good schools are a sign of a good neighborhood. Also, check out the area’s walkability, your commute to work, and any other features that would make the hood a good fit for your lifestyle—now and a decade from now.


clear skies,
Doug Reynolds