Jeff's Blog

I wanted to share these thoughts from Jim - our broker at Neighborly Realty.  He's got two key points - first he has a listing in the sweet spot of the market right now - the under $250k price range that both investors as well as first time home buyers are scrambling for.  Secondly (and in my min...

Big homes are not as popular as they were a few years ago.  However, this recent article in the Wall Street Journal points to the fact that home owners are still looking for upgrades including more living space.  They just don't want big for the sake of big. From June Flecher of the Wall Street J...

Recently new legistlation went into effect that put additional regulations on home appraisals.  These regulations have slowed down appraisals in some cases in this area.  An example in point is a recent appraisal for a home sold in Sacramento where the appraisal was done out of a LA office!  This...

Government Refinance Plan updated 7/1/09 Great news for those needing to refinance.  CNN reports that borrows whose loans are worth up to 125% of their home's values are now eligible to refinance their homes under the Obama foreclosure prevention plan announced in February.  Prior to this the lim...

We have had a pretty mild spring here in Northern California so far, but it's going to warm up this weekend!  Forecasts are now at well over the century mark for both Saturday and Sunday.  Here are some great tips for the warm weather. Remember - don't wait until your bone dry - drink water throu...

The Field Check Group out of San Diego publishes updates on the San Diego market.  While it is SD specific, much of the information also applies to California in general and the Sacramento Region specifically.  The full blog can be read here. He warns that we may be looking at a 'false bottom' in...

Hi Neighbors, A few tidbits in the news. Chapman University economists are stating that the California economy recovery will be starting during the next 2 quarters of 2009, but will be slugish and employment will continue to fall for the rest of this year and on into the beginning of next year.  ...

Hello Neighbors, The Wall Street Journal reported that there are signs of a California housing recovery.  For those of us in the Sacramento Region we've seen multiple offers "in the lower end of the market" for some time now, especially bank owned homes but also for private and flipped homes.  Be...

 USA Today writes that getting help through the Obama administration's mortgage-assistance program has been an impossible challenge for thousands of applicants.Home owners who apply for mortgage modifications can expect to wait 45 to 60 days before hearing anything from their mortgage service com...

Hi Neighbors, I don't know if it will help home prices or bring in some stabilization dollars or not, but AutoVantage car club reports SACRAMENTO as one of the most courteous cities in the U.S.  We were just behind Portland Oregon as #1, Cleaveland as #2, and Baltimore as #3. It must be all the S...