Jeff's Blog

Real Estate Agent - Neighborly Realty
Latest news and trends for Real Estate
Hi Neighbors, Some of my home buyers have used this energy credit.  Often the tax credit can be used along with other rebates offered by PG&E and SMUD. Here's an article published by RISMEDIA with more details: As the weather turns chilly in many parts of the country, homeowners are looking at im...
NAR reports that REO Buyers can now select their Escrow and Title companies.  Here is the text of the REO Buyer Can Select Escrow and Title: Effective October 11, 2009, the Buyer's Choice Act prohibits an REO lender selling residential property up to four units from directly or indirectly requiri...
Hi Neighbors, As mentioned in a blog article from a couple of months ago, be ready for potential extensions in escrows due to changes in financing regulation.But... don't just take our word for it, take a look at what the California Association of Realtors (CAR) just published.THANK YOU CAR!NEW L...
Hi Neighbors, I've written about this before, but I think it is especially true for the Sacramento region.  Now is the time to buy.  Historically if you look at home values increasing over time, home prices have kept pace with inflation over the long run.  With our current adjustment, the Sacrame...
Hi Neighbors, I'd like to share two links to home buying calculators reported from Business Week via the National Association of Realtors. There are a number of free tools to help potential home buyers decide how much home they can afford to buy.One of the best calculators is offered by the Natio...
Hi Neighbors, Leslie Appleton-Young, California Association of Realtor's Chief Economist released the 2010 California Real Estate Market Forecast.  In that: The median home price in California will rise 3.3 percent to $280,000 in 2010 compared with a projected median of $271,000 this year, accord...
Hi Neighbors.  Last weekend I was out with one of my buyers looking at new homes.  One thing we noticed was a lack of 'incentives'.  This is in line with this article published in thw Wall Street Journal: Home builders are cutting back on the freebies they've been tacking on new homes for the las...
Hi Neighbors, John Graham of Neighborly Financial has been gone the past several days helping a search and rescue effort in a nearby county. From John: I went to help search for the missing deer hunter in Calaveras County, last Wednesday. We spent all day looking for the subject. We were able to ...
Hi Neighbors.  The NAR (National Association of Realtor's) posted this excerpt of an article originally published in the Chicago Tribune.  Neat tidbit to share: More than 80 percent of new single-family homes have at least two bathrooms, which occupy an average of 300 square feet of floor space, ...

Jeff Engle
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Real Estate in Northern California