sacramento home buying
Submitting home buying offers in Sacramento 2020 should be well-thought out with a strategic plan. The market is very competitive as inventory is down by a third in many areas. What does this mean for homebuyers? Perseverance is the answer. Understand your priorities. Be willing to compromise and invest in sweat equity. When buyers cling to very stringent criteria, it is a challenging journey. To have “it all,” you will pay dearly and may have to build a custom home, which is not inexpensive. However, when you buy a resale home, you are not paying top dollar for upgrades.
Agent confidential remarks in Sacramento MLS is the best-kept secret because many agents do not read them. Why do you ask? Well, the idea is the comments are not for public viewing. They might consist of an alarm code, information about offer submission, whether someone died in the property, and so on. Metrolist only lets agents put marketing comments in the MLS for the general public. We cannot insert disclosure comments or title company information and, of course, tenant information is not on public display.
Unauthorized entry into a home for sale was a message I received yesterday from an agent at another company. He had reported the incident to the Department of Real Estate but they said this was not something they governed.
The listing had MLS instructions to call for an appointment. There was a Metrolist lockbox on the property. The MLS instructions contain the parameters of how agents can enter. To enter any other way is an ethics violation and this agent can be subject to a complaint filed at our local Sacramento Associations of Realtors board. This was the instruction I gave the complainant.
The September 2019 Sacramento homes for sale, sold and pended graph above shows some trends to keep in mind this fall. The pendings are higher than they have been all year. Inventory has stayed close over the last six months. Closings were a little down, but that could be longer duration escrows. The September closed sales numbers will answer if this is relevant.
Inventory is significantly lower than a year ago. There does not seem to be an impression that pricing is going down in Sacramento as demand is high and inventory is down. Buyers write your highest and best offer, or you may not be in a home this fall. September 2019 Sacramento homes for sale, sold and pended shows a continuing seller’s market. Pendings show trending up for the last 90 days.
Hello, Sacramento summer and temps of 95 degrees plus. The heat is upon us. Keeping animals watered and plants hydrated as well as our drinking water every hour is so important. Working outdoors in the heat today I started feeling very tired with a serious lack of energy. I realized I was dehydrated so I immediately stopped at the store and bought a couple of bottles of water and began to drink. Within 30 minutes I felt like my old self.
Sacramento is known for hot temperatures thank goodness the evenings include delta breezes. The hot temperatures did not stop open house traffic. We had 3 team open houses today and all had good traffic, over 50 groups. 95 degrees buyers are still out looking. Dedicated home shoppers will look no matter what the temperature. When we say hello Sacramento summer that means good news as this signals home-buying season.