CA Real Estate Trends

So often I'm asked how is the Real Estate market?  When I answer and say it's doing great, prices are rebounding and coupled with low interest rates buyers are buying; they seem skeptical.  Their home is not worth what it was a high market.  YET.  After the height of the market in 1989 and the 7 ...

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With the lowest inventory in the last 10 years and buyer pressure on those few homes available, home prices have started to creep up.  It is officially a SELLER'S MARKET in most of California.  If you thought about or tried selling your home in the last few years, now is the time to get back into...

Is th glass half full or half empty?   FHFA prohibits GSE principal reductions This week, Edward J. DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, issued a statement that the FHFA would not direct the GSEs to implement the Home Af...

Beginning August 1st 2012 Sacramento Metrolist will change the way Contingent short sales are reported in Sacramento, El Dorado, Placer and Yuba Counties.  Once an offer has been accepted by the seller, but is subject to lender approval - it will no longer be in the category of "Active Short Sale...

We were talking about it in 2011 and for our area, I can say with conviction - the BOTTOM OF THE HOUSING MARKET IS IN THE REAR VIEW MIRROR! We have been seeing increased buying activity from both owner occupancy buyers that intend to live in the home and investors.  Many of the lower price ranges...

Bank of America Merrill Lynch's economics team declared that housing prices have hit bottom earlier than they expected as reported to Bloomberg News. Placer County Local trends and sales activity are showing strong signs towards recovery.  Housing prices have near stablized, ranging in price from...

Photo by B Rosen According to credit reporting bureaus Placer County has 1044 homeowners with at least 1 late mortgage payment: 370 are 30 days late, 181-60 days late, 100-90 days late and 393 are more than 120 days late.El Dorado shows 485 homeowners with at least 1 late mortgage payment: 185 a...