Jeff's Blog

The Fed is continuing it's policy to keep the federal funds rate at .25 percent or less.  In it's statement on June 24th, they continue "... to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period." Two special quotes ...

Another update from the California Association of Realtors notifying us that the California Tax Credit for New Home Buyers purchasing a home that has not been lived in before is almost at it's $100 Million limit.  To date nearly $95 Million has been 'claimed'.  This amount includes some amount of...

An article in USA today reports: A first-time home buyer tax credit of up to $8,000 has helped to move housing inventory during an otherwise sluggish real estate cycle. Now both legislators and the business community are hoping to build on the incentive's success by expanding it. A number of bill...

Affordability More people are able to afford an entry level home in the Sacramento/Placer area.  In 2007 43 percent of the of households could afford to purchase a home.  For this first part of 2009 Sacramento/Roseville area reached 80% affordability for first time home buyers. Average entry leve...

California Energy Commission has a Consumer Energy Center website that consolidates many tools and resources that consumers would find useful in living more energy efficient.  It is a great place to start if you are just getting involved with Energy conservation for your home or at work. The webs...

Hello Neighbors, The Sacramento Bee is reporting that with the bounce of mortgage rates the "phones stopped ringing".  Individuals who were interested in refinancing are thinking twice now.  Currently the rates are in the mid 5% range for a 30 year fixed rate and has been a bit above and below in...

Here is a special notice out to our neighbors.  California's first time home buyer $10,000 tax credit on new homes is 80% used.  Thanks NAR for the notification and CNN for the original post. California running out of $10,000 tax credits First-time home buyers wanting to take advantage of the sta...

As a followup to the previous 2 blogs about what is available on EnglePropertiesOnline here is the 3rd in the series. For Sellers, you can set up a search on EnglePropertiesOnline to a ¼ or ½ mile radius of your home to get a better feel of what homes are selling for in your neighborhood. You can...

Hi again neighbors.  Following up on my last blog relating general tools available on the EnglePropertiesOnline website, here is a blog specific to buyers. As a buyer, you need a variety of tools to help in the decision making process of getting a new home. The first step in the process is to det...

Hi Neighbors, Where to go to get General Information about the Market If you are interested in tracking the homes for sale in a specific area - such as around your home, go to EnglePropertiesOnline and the first tab on the left navigation bar "Find a Home". Then click on "Advanced Search" at the ...