Sacramento real estate
April 2020 Housing Statistics for Sacramento County shows the trends are mighty clear, says Josh Amolsch. This is an exciting blog post from Josh, enjoy his read below. –JaCi Wallace
We are in a completely different place right now than we were at this point last year. Do you all remember the glorious days of April 2019 when Sacramento County single-family home inventory was 26% higher? When the median home price was $15K less than it was last month? I sure do remember, and all my wonderful buyer clients do, too.
Cats, Covid19, and selling Sacramento real estate are where much of my time is spent during each waking hour. With cats, COVID19, and selling Sacramento real estate are now part of daily life for this Sacramento Realtor. It occurred to me these three things are where so much of my time is spent each day. When you have nine cats, they are part of every hour of every day.
Of course, all nine cats do not live inside. I do cat rescue and also have purebred Ragdoll cats. Whether inside or out, cats play a significant role in daily life. This picture is of Toby-Tyler on the cat tree. He is a 7-year-old male rescue, and his sister Gidget is on the lower shelf. These two orange tabby cats I rescued. They were abandoned, left inside a wall of a commercial building. As they were not quite two weeks old and I had to bottle feed them every 3 hours. They have been my cats ever since.
The February 2020 Sacramento Area Housing Report, everyone is talking about it. Wall Street is in meltdown, toilet paper doesn’t exist at Costco and my friend just in a panic bought three firearms. Whoa! The majority of us are handling this current COVID-19 virus pretty well. Others, are of course being impacted on a variety of levels. There will always be different ranges of reactions. When isolated, it is often challenging to know the reality of the housing market. This blog serves to be a source of information. So let’s talk about interest rates. Yes, they spiked up slightly (still under 4%) a week after they dropped to a record low 3.13%. This is in part to a backlog of loan applications (up 55%) that lenders cannot keep up with.
The time change fall-back in Sacramento 2019 started like any other day. I got up and made my coffee. I grabbed two dog bones and went outside to put my German Shepherds out in their play yard for the day. Daylight saving time ended today, Sunday, November 3, at 2:00 a.m. We gained an hour of sleep, which is always welcome. Sleep is a time for recharging our batteries and who doesn’t need that?
I woke up so early and thought well might as well get an early start. My smartphone had the correct time, of course, so I never gave it a thought. When I sat down at my computer to begin my day, I looked up and my wall clock, it was showing an hour later. Ah, I thought better to set that clock back now, or I’ll be showing up an hour early for appointments.
Is October the time to sell Sacramento homes? It is good weather, and historically a good time as there is less competition and buyers are out looking before the holidays. So is October the time to sell Sacramento homes? Yes, it sure is for Sacramento. We have six offers on one listing and two offers on another. Many of our other listings are having solid showings.
Home sales happen year-round on desireable, affordable and high demand properties. To sell your property call Weintraub & Wallace Realtors with RE/MAX Gold in Sacramento and Elk Grove. We work in several counties so call us today at 916-233-6759.