College Glen Real Estate update Q2 2013 - www.CollegeGlenRealEstate.com - Doug Reynolds Real Estate

Doug Reynolds is a Realtor that lives and works in College Greens / Glenbrook, Sacramento Ca.  He has been specializing in the College-Glen neighborhood for many years and enjoys helping both buyers and sellers in his neighborhood.  Every quarter he takes a detailed look at the Real Estate stats/trends in the area, providing both homeowners and potential buyers with great information.

Feel free to contact Doug Reynolds if you are ever in need of real estate assistance in his neighborhood.

clear skies,
Doug Reynolds
Realtor
916-494-8441

 

www.CollegeGlenRealEstate.com

www.SellWithDoug.com
www.BHGshortsales.com

Sacramento Real Estate July - August 2013 video Market Update

Doug Reynolds, a Sacramento Area Realtor, discusses the stats and trends in the local market.  This month he predicts a shift in the market is beginning to occur and believes that inventory in the Sacramento area will be up to a few months by the end of the year.  He also believes that buyers will have equal power in the market soon too.  Take a look and share your opinion in the comments section.  Don't forget to check back each month.

clear skies,
Doug Reynolds
Realtor
916-494-8441
 
www.SellWithDoug.com
www.BHGshortsales.com

College Greens / Glenbrook Sales in June 2013 (Sacramento, Ca)

College-Glen

Real Estate Update

July 2013

 

 There were 13 homes sold in College Greens / Glenbrook / Larchmont / College Greens East for the month of June, 2013.  That is down from the 14 sold in May, 2013.  Here are the addresses and specific information of the sold properties.

 

Currently there are: 19 Active listings, 1 Active short sale listings, 7 Short Sales waiting for lender approval and 20 Pending Sales .

If you would like a FREE analysis of your homes current market value without any obligation, Call or email.  I’m here to help and love working with sellers and buyers in our neighborhood. Also, Check back each month for the updated statistics.

 Your College-Glen Real Estate Advisor

Living & Working in College-Glen

www.CollegeGlenRealEstate.com

clear skies,
Doug Reynolds
Realtor
916-494-8441
 
www.SellWithDoug.com
www.BHGshortsales.com

 

Sacramento Real Estate Market update - July 2013

Sacramento

Real Estate Update

July 2013

 ó In June 2013, the median price increased to $245,908.  That is 44.5% higher than one year ago!!!

ó 29.9%  of the purchases in the month were ALL CASH.   That number is slowly starting to decrease.  Since prices have increased, a lot of investment properties are no longer making financial sense for many cash investors.  That is good news for the First Time Buyers that have been having a tough time competing with investors in the lower price ranges of $250,000 and below.

ó The available housing inventory is up to 1.1 months.  I expect to see that number slowly increase as the year goes on.  A “normal” or “balanced market” is between 4 to 5 months. 

ó The homes that are priced right, show well and have a high quality marketing plan are still receiving multiple offers but the buying frenzy has died down a bit since interest rates jumped up at the beginning of June.

ó High Demand and Low Supply/Inventory has driven the market prices up in 2013.  I am starting to see signs that the market is slowly beginning to find a balance and seller’s current power may shift to be more equal this fall and winter.

 

clear skies,
Doug Reynolds
Realtor
916-494-8441
 
www.SellWithDoug.com
www.BHGshortsales.com