sacramento home buying
August 2020 Sacramento area housing market report is an excellent and exciting blog and makes you think. Every buyer out there in Sacramento should read this report. Enjoy. — JaCi Wallace
Trends in real estate are ever fascinating. Just as a flock of birds in the sky suddenly move in a different direction altogether, seemingly for no reason. The momentum in real estate is too omnipresent. Some people think greed and emotion have always driven the markets and real life in general. I think the driving common denominator of the two is desire.
Sacramento heat waves, staycations with swimming pools, the real question is fiberglass or gunite? Gunite pools, of course, take more time to install and ongoing maintenance depends on finishes like gunite or pebble tec. Fiberglass comes with prefab pools, so construction time is much less.
COVID-19 finds most of us staying at home, and a swimming pool would be fabulous entertainment. Here are some things to know: The pool companies are slammed; because many people want to enjoy some time in a pool, so fiberglass pools are growing in demand. Also, well water is very difficult for pools. Saltwater and fiberglass could be your answer. Of course, some will say “no way” to fiberglass. However, many reviews online from homeowners state they were delighted with the fiberglass pools.
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.
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.
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.