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Tuesday, November 18, 2014

Sacramento Real Estate Video Market Update November - December 2014


Doug Reynolds, a Sacramento Area Realtor, discusses the latest market stats for Sacramento.

This month Doug focuses on the fact that 3 months of inventory is probably the "New" balanced market.  The bar has been reset over the past decade and Doug suggests that in today's modern real estate world, a "balanced market" is now around 3 months of inventory and that the old standard of 6 months is no longer relevant.

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


clear skies,

Doug Reynolds

Realtor

916-494-8441



         

Tuesday, November 11, 2014

Sacramento Real Estate Market update - November 2014

Sacramento
Real Estate Update


November  2014



ó In October 2014, the median price decreased from $275,000 to $272,000.  The median is 7.3% higher than one year ago.
ó The available housing inventory has been slowly increasing each month and is up to 2.5 months.  I expect to see that number slowly   increase more as we continue through the fall/winter.  A “normal” or “balanced market” is around 4 months.
ó The homes that are priced right, show well and have a high quality marketing plan are still getting sold fairly quick.  However, the properties that are over priced are sitting with little activity until the list price is in line with the true market value.  The overpriced properties are having price reductions to try and get more attention.  The current market is the most “normal/balanced” market we have seen in the Sacramento area in over 10 years.
ó High Demand and Low Supply/Inventory had driven the market prices up in 2013.  The market is finally at a balance and seller’s power of the past 2 years is now equal with the buyers due to the increased inventory of homes for sale.


























CONNECT WITH DOUG REYNOLDS REAL ESTATE VIA FACEBOOKYOUTUBE, AND FOLLOW HIS BLOG.


CLEAR SKIES,

DOUG REYNOLDS

REALTOR

916-494-8441



         

Thursday, November 6, 2014

JUST SOLD - 9013 Talisman Dr, Sacramento, CA 95826 - www.SellWithDoug.com - Doug Reynolds Real Estate

JUST SOLD!!! 11/5/2014 in Rosemont (Sacramento, Ca).  Congratulations to my wonderful seller family.  They did an amazing job of preparing their house for the market in the midst of everyday life.  So glad i was able to guide you through the process and have it go smoothly.  Now it's onto finding you the next home for your family to love!!


Stunning Rosemont home with an open and bright floor plan. Remodeled kitchen with granite countertops, stainless steel appliances, center island and pantry. Updated throughout with refinished hardwood floors, crown molding, recessed lighting and plantation shutters. Beautiful park-like backyard is a quiet retreat for entertaining on the patio or relaxing at the deck off the master. Energy efficient home features new HVAC in 2012, dual pane windows and ceiling fans. The master bedroom also provides a walk-in closet and completely remodeled bathroom. This beautiful home has it all from curb appeal to modern amenities. Great neighborhood location near schools, parks, light rail, shops, bike trail Sac State and American River.


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

clear skies,

Doug Reynolds

Realtor

916-494-8441



         

Monday, November 3, 2014

What's up with the Sacramento Real Estate market???



Hello Sacramento Buyers and Sellers,

Here's my quick take on the Sacramento Real Estate Market:  As a stats geek, i really pay attention to the numbers each month and try to see if the data is in line with what i'm seeing and feeling.  Well, it appears that the median price is going to go down a little bit for October (the official numbers will be out late next week).  From what i'm seeing and feeling in the market, we have started the traditional winter slowdown.  In turn buyers have gained a bit of power.

A large majority of the market is currently slow.  Many homes are sitting on the market with little activity and price reductions are becoming more common as well.  Buyers are now asking for a bit more in their offers and also during the inspection period.  For a majority of the market, it is slightly favoring buyers.  Higher inventory, means more choices for the buyers and the sellers are having to compete with each other.  With all of that having been said...

....there's still a portion of the market that is having multiple offers and lots of buyer activity.  Those homes all have things in common.  They are priced right (meaning the seller is not "testing the waters" at the top end of the market to see if they get lucky), the show extremely well (the sellers did work in preparing the house for the market ie touch up painting, extensive cleaning, removed the clutter and many items from the house to give it more room and be more inviting) and they have great marketing, this means excellent professional photography that stands out from the other 7 similar homes in the neighborhood.  THOSE houses are still selling fast with multiple offers.

The others are sitting.

It's looking like a great winter to be on the buyers side of transaction.  However, if you need to also sell, do the three important things and you'll have good luck: price it right, show well and hire an experienced agent that will put in the time to market it correctly.

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


clear skies,

Doug Reynolds

Realtor

916-494-8441



         

Thursday, October 30, 2014

Sacramento's in street leaf pick up Season starts Nov 1st

The first big rain storm of the season is set to hit Sacramento starting tomorrow.  That means the leafs are starting to fall and it also means in street pick up will begin. below is information for the City of Sacramento's website:
Leaf season, the claw

Leaf-Season2
LEAF SEASON
City of Sacramento residential customers can legally place yard waste piles in the street for collection during the City’s designated leaf season of November, December and January.
First Day Out November 1, 2014
Last Day Out January 31, 2015
Weekly residential yard waste container collection will continue year-round on a customer's usual collection day. Leaf pile pickup typically occurs approximately every two weeks and will usually not occur on your regular collection day.

CLAW SCHEDULE:

From October 27, 2014 to January 31, 2015, call 311 or visit this site to get an estimate of when the next pile collection will occur for your neighborhood.

LEAF PILE GUIDELINES


  • Piles should be no more than two cubic yards in size (3'x3'x6' pile).
  • Place the pile six feet from any obstruction (cars, boats, basketball hoops etc.)
  • Make sure there is space between the curb and pile to allow water to flow to storm drains. Do not place piles in bike lanes.
  • Do not put pet waste in any yard waste pile or container. Pet waste goes into the garbage container.
  • Piles should not be in plastic bags.
  • Christmas Trees will be accepted in piles



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


clear skies,

Doug Reynolds

Realtor

916-494-8441



         

Monday, October 27, 2014

Fall is a great time to plant FREE shade trees from SMUD

  
Energy-Saving Trees logo



SMUD has partnered with the Sacramento Tree Foundation to provide FREE shade trees to plant around your home.  The trees can beautify your landscaping and also provide some energy savings by providing shade during the hot winter months.

For more information, you can visit smud.org/shadetrees.  They also have an online tree replacement tool for deciding where to put a tree and which tree is best.

This is a great resource and something FREE for homeowners.  Contact SMUD today to take advantage of this excellent program.


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


clear skies,

Doug Reynolds

Realtor

916-494-8441



         

Monday, October 20, 2014

Sacramento's City Household Junk Pickups can also be used for yard waste

Sacramento's City Household Junk Pickup is free for city residents twice per year.  The program runs from February 1st through the end of October each year.  Along with Junk and Debris the pickup program can also be used for yard waste as well.  If you think you will be doing a lot of pruning before November, then call now to make an appointment before the program goes on hiatus. To make an appointment call 311 or go to sac311.org.  You can also find more information at: Household Junk Pickup


Regular on-street yard waste/Leaf Season Pickup begins on November 1st.

Household Junk Pick Up

clear skies,

Doug Reynolds

Realtor

916-494-8441