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Friday, December 30, 2016

Wild Guess Predictions for 2017 Sacramento Real Estate



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 2017 Sacramento Real Estate market.  In this video, Doug talks about election year, interest rates, inventory, move up/contingent sales, appreciation, market values, balance between buyers and sellers.

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 ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441 

Thursday, December 29, 2016

Sacramento Real Estate Video Market Update December 2016 - January 2017



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

In November, the median price increased to $325,000 compared to $321,000 in October. More importantly,  the median is 11.7% higher than a year ago.

The available housing inventory is at 1.4 months. Inventory typically tapers off during the Winter months and then increases again in the Spring. A “normal”or “balanced market” is considered about 2—3 months.

The market is leaning towards sellers but only for the homes that are priced right/show well/great marketing.  Those properties are receiving multiple offers at or above list price.  The others are sitting and having price reductions. ‪#‎PriceSensitiveSellersMarket‬



CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441 

Tuesday, December 27, 2016

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 12/27/2016

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...




ACTIVE INVENTORY
1,520   AVAILABLE HOMES ON THE MARKET
1,644   LAST WEEK
1,789   TWO WEEKS AGO
1,961   THREE WEEKS AGO
1,998   FOUR WEEKS AGO
2,158   FIVE WEEKS AGO
2,263   SIX WEEKS AGO
2,358   SEVEN WEEKS AGO
2,452   EIGHT WEEKS AGO

PENDING INVENTORY
1,864   HOMES CURRENTLY IN ESCROW
1,993   LAST WEEK
2,089   TWO WEEKS AGO
2,134   THREE WEEKS AGO
2,278   FOUR WEEKS AGO
2,251   FIVE WEEKS AGO
2,303   SIX WEEKS AGO
2,296   SEVEN WEEKS AGO
2,350   EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
DECEMBER 2016: SO FAR THIS MONTH - $315,000
NOVEMBER 2016 -           $325,000
OCTOBER 2016 -              $321,000
SEPTEMBER 2016 -          $318,500
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

CLOSINGS FOR THE MONTH
DECEMBER 2016: SO FAR THIS MONTH - 1,074
NOVEMBER 2016 -          1,434
OCTOBER 2016 -             1,584
SEPTEMBER 2016 -        1,647
AUGUST 2016 -               1,799
JULY 2016 -                     1,622
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


CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441 

Tuesday, December 13, 2016

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 12/13/2016

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...




ACTIVE INVENTORY
1,789   available homes on the market
1,961   Last week
1,998   Two weeks ago
2,158   Three weeks ago
2,263   Four Weeks ago
2,358   Five Weeks ago
2,452   Six Weeks ago
2,589   Seven Weeks ago
2,599   Eight Weeks ago

PENDING inventory
2,089   homes currently in escrow
2,134   Last week
2,278   Two weeks ago
2,251   Three weeks ago
2,303   Four Weeks ago
2,296   Five Weeks ago
2,350   Six Weeks ago
2,465   Seven Weeks ago
2,517   Eight Weeks ago

Median Price of homes sold for the Month
December 2016: so far this month - $315,000
November 2016 -       $325,000
October 2016 -           $321,000
September 2016 -      $318,500
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

Closings for the month
December 2016: so far this month - 441
November 2016 -          1,414
October 2016 -             1,584
September 2016 -        1,647
August 2016 -               1,799
July 2016 -                     1,622
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


CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441 

Monday, December 12, 2016

Sacramento Real Estate Market update - December 2016

ó In November, the median price increased to $325,000 compared to $321,000 in October.
     More importantly,  the median is 11.7% higher than a year ago.

ó The available housing inventory is at 1.4 months. Inventory typically tapers off during the Fall/Winter months and then increases again in the Spring/Summer. A “normal”or “balanced market” is considered about 2—3 months.

ó Due to traditional buyer slowdown at this time of year, the market is finding some balance. 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 





CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.


clear skies,

Doug Reynolds

Realtor

916-494-8441 

Tuesday, December 6, 2016

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 12/6/2016

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...






ACTIVE INVENTORY

1,961   available homes on the market
1,998   Last week
2,158   Two weeks ago
2,263   Three weeks ago
2,358   Four Weeks ago
2,452   Five Weeks ago
2,589   Six Weeks ago
2,599   Seven Weeks ago
2,646   Eight Weeks ago



PENDING inventory

2,134   homes currently in escrow
2,278   Last week
2,251   Two weeks ago
2,303   Three weeks ago
2,296   Four Weeks ago
2,350   Five Weeks ago
2,465   Six Weeks ago
2,517   Seven Weeks ago
2,521   Eight Weeks ago


Median Price of homes sold for the Month

December 2016: so far this month - 

November 2016 -    $325,000

October 2016 -        $321,000


September 2016 -   $318,500


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


Closings for the month

December 2016: so far this month - 
November 2016 -         1,414
October 2016 -             1,584
September 2016 -        1,647
August 2016 -               1,799
July 2016 -                   1,622
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


 

CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441 

Monday, December 5, 2016

All about Mid-Century Modern Architecture

Here's a great article from Realtor.com talking about the very popular Mid-Century Modern architecture. 

CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.


clear skies,

Doug Reynolds

Realtor

916-494-8441 

What Is Mid-Century Modern? Way More Than 'Mad Men' May Lead You to Believe


 | Nov 4, 2016



While shopping for homes (or furniture to put in it), you will quickly see that one particular style is all over the place these days: Mid-Century Modern. So what exactly is Mid-Century Modern?
Fans of the show “Mad Men” may already be conjuring up images of Don Draper’s snazzy Manhattan apartment with floor-to-ceiling windows and that sunken living room, but the classic style is about so much more than chain-smoking guys in skinny ties and women with beehive hairdos.
Mid-Century Modern is actually an architecture and design movement that changed the way many of us live—and its influences are hotter than ever today.

Related Articles

A brief history of Mid-Century Modern architecture

Mid-Century Modern homes began springing up in the mid-1940s, right after World War II, and continued to spread through the 1980s. Soldiers were coming home, starting families, and setting off the baby boom. They needed new homes quickly, and the experimental technologies and materials—steel, aluminum, tempered glass, stucco, and plywood—developed during the war and beyond were quickly applied to residential structures to meet the needs of the growing U.S. population.
The Mid-Century Modern era, which lasted until the 1980s, produced a number of prominent architects, including Philip JohnsonJohn LautnerRudolph Schindler, and Richard Neutra. (Schindler and Neutra were mentored by Frank Lloyd Wright, a seminal American architect.)
When it comes to superstar Mid-Century Modern homes themselves, perhaps the most famous are the Case Study Houses, found mostly in Los Angeles but also in San Francisco and Phoenix. When they were built, the Case Study Houses were designed for affordability, but their value has skyrocketed over the years—and many have been preserved, restored, and maintained by historic organizations.
Mid-century modern home in Sunnyvale, CA

An Eichler mid-century modern home in Sunnyvale, CA
Nancy Nehring/Getty Images

Elements of Mid-Century Modern architecture

Homes and buildings constructed in the Mid-Century Modern architectural style all have certain elements in common, including the following:
  • Flat planes and geometric lines: The exterior walls are usually unembellished with round columns, elaborate porches, or bay windows. They are smooth and flat, often accented by geometrically shaped windows. In warmer climates, where snow buildup is not an issue, it’s common for roofs to be flat.
  • Large windows and walls of glass: The popularity of the sliding glass door and the floor-to-ceiling window originated in the Mid-Century Modern era. They were built in an effort to integrate outdoor nature with indoor living. Houses were designed with the goal being to make sure as many rooms as possible had expansive outdoor views. At the time, this was considered not only aesthetically pleasing but advantageous to one’s health as well.
  • Open floor plans: In earlier eras, rooms tended to be small in order to promote privacy. But the postwar era of peace and love went hand in hand with more common space. By integrating fewer walls and more open spaces into the floor plan, Mid-Century Modern style encouraged families to share space and feel more engaged with one another.
  • Varied elevations: Large, open, geometric spaces were broken up with a few small steps, rather than entire stories and staircases. The split-level design and the sunken living room were ways to create rooms without walls. Smooth, unadorned built-in cabinets of varying heights gave the same effect and provided storage.
 Typical floor-to-ceiling windows in a mid century modern home.

Typical floor-to-ceiling windows in a mid century modern home.
Bill O'Leary/The Washington Post via Getty Images

If you’re on the market for a Mid-Century Modern home, it won’t come cheap. Due to the popularity of this style, these homes can command as much as 149% more than similarly sized homes of different styles. (Believe it or not, that’s a higher premium than a home designed by Wright!) Still, if you love the look, the appeal does not seem to be waning any time soon, so odds are it’s a great investment that won’t seem outdated.

Lisa Johnson Mandell writes about lifestyle and entertainment. Her interests include real estate, design, film, fiction, food, and fun. She lives in Los Angeles with her husband, James, and her giant Australian labradoodle, Hollywood Hound Frankie Feldman.