Interesting World of Sacramento Real Estate - 1/28/2016

Since i became a full time Sacramento Real Estate agent, i have seen and heard many strange/funny/odd/weird/interesting things.  A lot of times i get to see things many people would not in their job since i am inside of so many homes and interacting with some many different people from all walks of life.  Here's a quick look at my latest interesting "thing."

#InterestingWorldofRealEstate: Today's photo was taken at a vacant property for sale in my Neighborhood of #CollegeGlen .  From the first photo you can see i walked to the side of the house to get the key from the lockbox on the gas meter.  Then i noticed some shoe string tied to the fence.  I looked closer and the shoe string was all that kept the gate "Locked."  Maybe the homeowner is hoping that a potential thief of their home is a kindergardener and hasn't mastered the art of tying and untying their shoes yet.  Otherwise, about two seconds for anyone and they can be in the backyard. Not the greatest antitheft device.  #SacramentoRealEstate #ShoeStringAlarmsCompany  #IcantGetThisDoubleKnotUntied

CONNECT WITH ME VIA FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 1/26/2016

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

1,683   available homes on the market

1,704   Last week

1,698   Two weeks ago

1,656   Three weeks ago

1,701   Four Weeks ago

1,799   Five Weeks ago

1,931   Six Weeks ago

PENDING inventory
1,713   homes currently in escrow

1,620   Last week

1,557   Two weeks ago

1,505   Three weeks ago

1,772   Four Weeks ago

1,869   Five Weeks ago

2,020   Six Weeks ago



Median Price of homes sold for the Month

January 2016 so far this month: $285,000

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
January 2015 -        $258,000
December 2014 -    $268,000

November -              $265,000

October -                  $272,000

Closings for the month

January 2016: so far this month - 644

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
December 2014 -          1,313

November -                   1,081

October 2014 -              1,375

 

CONNECT WITH ME VIA FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Wild Guess Predictions for 2016 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 2016 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 FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 1/19/2016

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

1,704   available homes on the market

1,698   Last week

1,656   Two weeks ago

1,701   Three weeks ago

1,799   Four Weeks ago

1,931   Five Weeks ago

2,048   Six Weeks ago

PENDING inventory
1,620   homes currently in escrow

1,557   Last week

1,505   Two weeks ago

1,772   Three weeks ago

1,869   Four Weeks ago

2,020   Five Weeks ago

2,139   Six Weeks ago



Median Price of homes sold for the Month

January 2016 so far this month: $281,500

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
January 2015 -        $258,000
December 2014 -    $268,000

November -              $265,000

October -                  $272,000

Closings for the month

January 2016: so far this month - 414

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
December 2014 -          1,313

November -                   1,081

October 2014 -              1,375

 

CONNECT WITH ME VIA FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Sacramento Real Estate Video Market Update January - February 2016

Doug Reynolds, a Sacramento Area Realtor, discusses the most recent market stats from Sacramento County. 

As expected (and traditionally) the amount of sales jumped up in December compared to November.  Buyers and sellers all push to get escrows closed by the end of each calendar year rather than let it drag out and carry over into the next year.  

If you're a buyer out there, as we turn the calendar to 2016, more homes will start popping up on the market as we thaw out from the winter and progress to the spring market.  Hang in there, more and better options are coming.

It appears that we will have a very strong spring and summer market in the Sacramento Area for 2016.

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

2015 Sacramento Real Estate Market year in review Video

* The median price ended the year at $297,000.  A 10.8% increase from the year before!

* 17,578 homes sold in 2015. That is 11.4% higher than the 15,778 sold in 2014. 

* Of all the Sales from 2015:  16.6% were CASH, 47.1% Conventional, 26.7% FHA and 6.2% VA.

* The available housing inventory has remained historically low for the past year.  Currently there is 1.8 months worth of inventory.  I expect that number to increase more as we approach the spring/summer seasons.  A “normal” or “balanced market” has been redefined over the past decade and is now considered around 3 months.

* The homes that are priced right, show well and have a high quality marketing plan are still getting sold quickly.  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. I’m calling it a “balanced but price sensitive market.” The current market is the most “normal/balanced” market we have seen in the Sacramento area in over 10 years.

* 2016 is looking like another “Normal/Balanced/Healthy” market with some appreciation.

CONNECT WITH ME VIA FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Interesting World of Sacramento Real Estate - 1/14/2016

Since i became a full time Sacramento Real Estate agent, i have seen and heard many strange/funny/odd/weird/interesting things.  A lot of times i get to see things many people would not in their job since i am inside of so many homes and interacting with some many different people from all walks of life.  Here's a quick look at my latest interesting "thing."

#InterestingWorldofRealEstate:  Today's photo was taken a few years back, i recently came across it while scanning through some old pictures in Google Photos.  This was a bank owned home.  I'm standing in a loft area looking down on the living room.  That is the angled/vaulted ceiling, just completely destroyed.  The entire house was like this: all the appliances missing, holes in walls, doors broken, you name.  The sad thing is that this was a pretty common site at the height of the foreclosure peak in Sacramento.  For a few years, nearly half of the homes i went inside had similar damage (typically not as bad but still damage none the less).  I decided to post as shock to some people that maybe never saw this kind of stuff and also a reminder of unfortunately how bad things were for the economy/real estate/american family at that time. #SacramentoRealEstate #IthinkWeMightHaveAleak #PutSomeDuctTapeOnIt 

CONNECT WITH ME VIA FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 1/12/2016

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

1,698   available homes on the market

1,656   Last week

1,701   Two weeks ago

1,799   Three weeks ago

1,931   Four Weeks ago

2,048   Five Weeks ago

2,061   Six Weeks ago

PENDING inventory
1,557   homes currently in escrow

1,505   Last week

1,772   Two weeks ago

1,869   Three weeks ago

2,020   Four Weeks ago

2,139   Five Weeks ago

2,251   Six Weeks ago



Median Price of homes sold for the Month

January 2016 so far this month: $262,000 (that number will come up by the end of the month)

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
January 2015 -        $258,000
December 2014 -    $268,000

November -              $265,000

October -                  $272,000

Closings for the month

January 2016: so far this month - 191December 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
December 2014 -          1,313

November -                   1,081

October 2014 -              1,375

 

CONNECT WITH ME VIA FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com