What's going on with Sacramento Mortgage interest rates in 2014??

Doug Reynolds, a Sacramento Area Realtor, sits down for a chat with Loan Officer/Lender Erick Perpich of Republic Mortgage.  In this episode, Erick discusses what will be effecting interest rates for home loans in 2014.
For the most recent and current/exact rate, call or email Erick directly and he'll get back to you right away with detailed info.

Erick Perpich
916.549.3577
eperpich@repmtg.com
www.ThePerpichTeam.com



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

clear skies,

Doug Reynolds

Realtor

916-494-8441

 

www.SellWithDoug.com

www.BHGshortsales.com 

www.CollegeGlenRealEstate.com

Sacramento Real Estate Review - 2013 4th-Quarter

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

 

www.SellWithDoug.com

www.BHGshortsales.com 

www.CollegeGlenRealEstate.com

"Wild Guess" Predictions for 2014 Sacramento Real Estate Video

Nobody has a crystal ball and especially not in real estate. But...

Doug Reynolds, a Sacramento Area Realtor, gives his "wild guess" predictions for the 2014 Sacramento Real Estate market.  In this video, Doug talks about first time home buyers, move up buyers, investors, short sales/foreclosures, inventory and appreciation.

Jot this info down and give Doug a call or email in one year and let him know how right or wrong he truly was :)

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

 

www.SellWithDoug.com

www.BHGshortsales.com 

www.CollegeGlenRealEstate.com

Sacramento Real Estate 2013 Year in Review

I hope your 2014 is off to a great start and may this year be filled with

happiness, peace and prosperity for you and your family.

2013 Sacramento Area Real Estate Year in Review

* The median price ended the year at $250,000.  A 28.2% increase from the year before!!

* 17,029 homes sold in 2013. That is 11.1% lower than the 19,156 sold in 2012. 

* Of all the Sales from 2013: 31.5 % were CASH, 45% Conventional, 19.8% FHA and 3.7% VA. 

* The available housing inventory ended at 1.4 months.  A “normal” or “balanced market” is between 4 or 5 months.  That has been on a steady increase since the summer of 2013.

* High Demand and Low Supply/Inventory drove the market prices up through the first half of the year.  The second half of the year has seen a little less buyer demand and a little higher inventory with values flattening out.

* 2014 is looking like it will be a fairly “normal” or “balanced” market as inventory rises to a common level.

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

 

www.SellWithDoug.com

www.BHGshortsales.com 

www.CollegeGlenRealEstate.com

2013 College-Glen Real Estate Yearly Video Review

All-in-all a great year for the College-Glen neighborhood.  The first three months were white hot with low inventory and high buyer demand.  That formula created: multiple offers/bidding wars, increasing prices, and properties selling in less than a week.  In the fall, interest rates bumped up a bit and that caused the buyer demand to pull back.  In turn, the inventory trickled up and to close the year the market is much more balanced in the neighborhood now.  Buyers have a bit more to choose from while sellers are now competing with each other.

Call or Email me if you have any real estate questions.  I love working with buyers and sellers in his great neighborhood of College-Glen.

4th Quarter College-Glen Real Estate Update

Now that the year has ended we can take a look back at the 4th Quarter of 2013 in College-Glen Real Estate (College Greens / Glenbrook )

The market defanitely slowed down in the 4th Quarter.  The amount of sales dropped significantly from the 3rd Quarter.  That was due to lower buyer demand that was seen in College-Glen and also across the Sacramento area.  The lower demand created higher inventory and many of the homes on the market sat for longer periods of time and even needed price reductions to attract offers.  More homes for sale and less buyers caused the market prices to slightly decrease.  The homes that did sell had a combination of being marketed well, in good condition and priced appropriately.

2013 Sacramento Real Estate year in review Video

Doug Reynolds, a Sacramento Area Realtor, provides a recap of what went on in the Sacramento Real Estate market during 2013.

The market was in full sprint mode from January through July with prices skyrocketing, multiple offer competition, no inventory to speak of and cash buyers everywhere. As 2013 comes to an end, the market is taking a holiday breather where many cash investors have pulled back, inventory is trickling up and buyers are taking a bit more time to make a decision, as balance of power is being restored.

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

 

www.SellWithDoug.com

www.BHGshortsales.com 

www.CollegeGlenRealEstate.com

2013 was one crazy year in Sacramento Real Estate

Doug Reynolds, a Sacramento Area Realtor, reflects back on the crazy year in real estate.  The 2013 Sacramento Real Estate market saw some of the highest price increases in history, the lowest amount of homes for sale on record and an insane amount of cash purchases.  The market moved at incredible speed with homes selling in a few days, above list price with dozens of offers.


The market left everyone involved needing a dose of some pepto bismol and a much needing Christmas/Holiday season break as 2013 came to a close.

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

 

www.SellWithDoug.com

www.BHGshortsales.com 

www.CollegeGlenRealEstate.com

Twitter version of 2013 Sacramento Real Estate Recap

I was recently asked and honored to share my insight about the 2013 Sacramento Real Estate market for Ryan Lundquist's amazing blog.  He compiled input from me and 11 other agents from around the area and asked for a twitter version recap.  Talk about a hard task but here's what i came up with:

"The market was in full sprint mode from January through July with prices skyrocketing, multiple offer competition, no inventory to speak of and cash buyers everywhere. As 2013 comes to an end, the market is taking a holiday breather where many cash investors have pulled back, inventory is trickling up and buyers are taking a bit more time to make a decision, as balance of power is being restored."

I'm looking forward to 2014 in Sacramento Real Estate.  It is shaping up to be an interesting year where it's anyone's guess what will happen for sure.  I think it will be a mixed bag of results where there's a little something for everyone: first time buyers will have a fair shot, move up buyers will around again and actually be able to time their move to the new house while selling the old one, local investors will find some good deals here and there, short sales and foreclosures will still be scattered around and the values will bounce around but be up a little at the end of the year.

Here's the link to post so you can see everyone's thoughts.

Connect with Doug Reynolds Real Estate via Facebook, YouTube, and Follow his blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441

 

www.SellWithDoug.com

www.BHGshortsales.com 

www.CollegeGlenRealEstate.com