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

There were 13 homes sold in College Greens / Glenbrook / Larchmont / College Greens East for the month of April, 2013.  That is a increase from the 10 sold in March, 2013.   Here are the addresses and specific information of the sold properties.

Currently there are: 9 Active listings, 0 Active short sale listings, 6 Short Sales waiting for lender approval and 17 Pending Sales.

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the 95826 zip code.  Check back each month for the updated statistics, as I keep a close eye on the 95826 zip code, where I live and own rental property.  Let me know if there are any particular properties you have questions about. 

clear skies,
Doug Reynolds
 

Arden Park and Arden Oaks - Sales Data for March 2013

There were 17 homes sold in Arden Park and Arden Oaks in March, 2013.  That is a increase from the 13 sold in the month of February, 2013.  Here are the addresses and specific information:

Currently there are: 25 Active listings, 0 Active short sale listings, 4 Short Sales waiting for lender approval and 10 Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the Arden Park or Arden Oaks area.


clear skies,
Doug Reynolds
 
www.BHGshortsales.com

Elmhurst and Tahoe Park Sales Data - March 2013 (Sacramento, Ca)

There were 13 homes sold in Elmhurst and Tahoe Park in the month of March, 2013.  That is a the same from the 13 homes sold in the area in the month of February, 2013.  Here are the addresses and specific information.

Currently there are:12 Active listings, 2 Active short sale listings, 13 Short Sales waiting for lender approval and 16 Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the Tahoe Park / Elmhurst area.

clear skies,
Doug Reynolds
 
www.BHGshortsales.com

Land Park and Curtis Park Sales Data - March 2013 (Sacramento, Ca)

There were 19 homes sold in Land Park and Curtis Park in the month of March, 2013 .  That is a decrease from the 25 homes sold in the month of  February, 2013.  Here are the addresses and specific information.

Currently there are: 25 Active listings, 1 Active short sale listings, 13 Short Sales waiting for lender approval and 31 Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the Land Park or Curtis Park area.

clear skies,
Doug Reynolds
 
www.BHGshortsales.com

East Sacramento: McKinley Park, Fab 40's, River Park, East Sac, East Portal Park - Sales Data for March 2013

There were 30 homes sold in East Sacramento in the month of March, 2013.  That is a huge increase from the 18 homes sold in the area in the month of February, 2013 .  Here are the addresses and specific information.

Currently there are: 54 Active listings, 1 Active short sale listings, 3 Short Sales waiting for lender approval and 34 pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the East Sacramento area.

clear skies,
Doug Reynolds
 
www.BHGshortsales.com

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

There were 10 homes sold in College Greens / Glenbrook / Larchmont / College Greens East for the month of March, 2013.  That is a decrease from the 12 sold in February, 2013.   Here are the addresses and specific information of the sold properties.

Currently there are: 6 Active listings, 1 Active short sale listings, 10 Short Sales waiting for lender approval and 16 Pending Sales.

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the 95826 zip code.  Check back each month for the updated statistics, as I keep a close eye on the 95826 zip code, where I live and own rental property.  Let me know if there are any particular properties you have questions about. 

clear skies,
Doug Reynolds
 

Rosemont Sales in March 2013 (Sacramento, Ca)

There were 17 homes sold in Rosemont in the month of March, 2012.  That is an increase from the 11 that sold in February, 2012.  Here are the addresses and specific information.

 Currently there are: 9 Active listings, 1 Active short sale listings, 27 Short Sales waiting for lender approval and 24 Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the 95826 zip code.  Check back each month for the updated statistics, as I keep a close eye on the 95826 zip code, where I live and own rental property.  Let me know if there are any particular properties you have questions about. 

clear skies,
Doug Reynolds
 
www.BHGshortsales.com

Sacramento County Housing Statistics for March 2012

Prices Rise for Second Straight Month – Bottom of the Market has Passed

In the Sacramento Area, the median sales price of single family homes has rose for the second straight month.  The median price for March 2012 was $165,900.  Up from $160,000 in January 2012.  The increase in price is due to the economics of Supply and Demand.

Low Supply: Currently, the amount of homes for sale on the market (inventory) is at 1.1 months.  That means at the current rate of sales, if no new homes came on the market, we would sell out of homes in only 1.1 months.  That is lowest amount of inventory EVER on record in the Sacramento Area.  A “normal” or “balanced” market is considered to be around 5 months of inventory.  The peak of the inventory was in September 2007 with 14.2 months of inventory.  Since then, the banks have been more cautious about putting too many homes on the market at one time, short sales have been succeeding at a higher rate, many investors began purchasing properties at auction before they had a chance to come on the market and now some banks are even beginning to rent properties out and also sale in bulk to large investors where 500 homes are purchased at one time and never make it to the open market.

High Demand: Many investors and potential buyers have been sitting on the sidelines while prices where in a free fall a few years ago.  Once interest rates reached the 4% range, many first time buyers got into the game and began purchasing.  The investors saw the activity increasing and realized the bottom of the market was coming and are now writing all cash offers on many properties to either flip or hold and rent as investments for the long term.  Currently, due to the low supply and high demand, most homes that hit the market are receiving multiple offers, all cash offers and offers above the list price.  The demand has not been this high for the past 7 years.  Because of that, many sellers are choosing now as a great time to put there house on the market as the Sacramento Market has shifted to a “Seller’s Market.”

clear skies,

Doug Reynolds

 

www.BHGshortsales.com

Land Park and Curtis Park Sales Data - March 2012 (Sacramento, Ca)

There were 17  homes sold in Land Park and Curtis Park in the month of March 2012 .  That is a slight decrease from the 18  homes sold in the month of  February 2012.  Here are the addresses and specific information.

 Currently there are: 33 Active listings, 3 Active short sale listings, 0 Contingent short sale listings, and 13 Pending sales.

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the Land Park or Curtis Park area.

clear skies,
Doug Reynolds
 
www.BHGshortsales.com

 

Rosemont Sales in March 2012 (Sacramento, Ca)

There were 29 homes sold in Rosemont in the month of March, 2012.  That is a large increase from the 17 that sold in February.  Here are the addresses and specific information.

 

 

Currently there are: 13 Active listings, 10 Active short sale listings, 27 Contingent Short Sales  and 28Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the 95826 zip code.  Check back each month for the updated statistics, as I keep a close eye on the 95826 zip code, where I live and own rental property.  Let me know if there are any particular properties you have questions about. 

clear skies,
Doug Reynolds
 
www.BHGshortsales.com

College Greens / Glenbrook Sales in March 2012 (Sacramento, Ca)

There were 18 homes sold in College Greens / Glenbrook for the month of March, 2011.  That is an increase from the 12 sold in February.  Here are the addresses and specific information.

Currently there are: 12 Active listings, 3 Active short sale listings, 24 Contingent Short Sales  and 19 Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the 95826 zip code.  Check back each month for the updated statistics, as I keep a close eye on the 95826 zip code, where I live and own rental property.  Let me know if there are any particular properties you have questions about. 

clear skies,
Doug Reynolds
 
www.BHGshortsales.com

Sacramento County Real Estate Update February - March 2012

Doug Reynolds, a Sacramento Realtor, provides an analysis of the local market statistics from January 2012. This month discussing how inventory is still on the low side at the time, and sales dipped a bit in January, which is typically compared to December. And then quickly hitting on interest rates and lender rebates to have stronger offers.  More information can be found at his website, www.SellWithDoug.com, as well as his blog and Facebook page (Doug Reynolds Real Estate). Become a fan of his YouTube page and Facebook pages.

clear skies,

Doug Reynolds

 

www.BHGshortsales.com