Sacramento Real Estate Market
Our November 2019 Sacramento fall home sales is an interesting time. The article below in italics, “Welcome to the Sacramento Fall Home Selling Market,” was written in 2012 by my partner, Elizabeth Weintraub. So, let’s now look at current interpretation of current market trends in 2019 and you will see how similar they are to conditions in 2012. It’s uncanny.
Our November weather has been many warm sunny days, high 70s and even a few 80 degree days. This has extended the fall selling season as it is busy right now and we are fast approaching Thanksgiving.
Multiple offers are happening. The Sacramento real estate market in 2012 VS 2019 is similar in so many ways. The article below in italics, A Twist in the Sacramento Real Estate Market, was written in 2012 by my partner Elizabeth Weintraub. So let’s now look at my interpretation of 2019. I just sold an investor-type listing; we had 6 offers, all investors. Several were over the list price. The final selling price was 10% over list. This was the same thing happening in 2012. Multiple offers are happening on properties priced to sell. Low-interest rates, too, at 3.75%. Rents are matching purchase price monthly payments.
Real Estate boarded up and for sale can happen anywhere. I was looking at two new listings today in the Oak Park area. There are several nice streets that have updated homes. I saw people walking dogs and taking strolls about the neighborhood. Many people enjoy living in Oak Park. This is clearly a neighborhood that has grown in popularity over the years.
Some investors have bought properties in the area as rentals. There is such a shortage of good rentals and the need for more affordable housing is a factor in many cities. Like many big cities, in Sacramento and across the US, there are some open lots where people are camped out.
“About active adult communities” is a short blog written by Elizabeth Weintraub more than a decade ago; and it is timeless and even more relevant today.
The Baby Boomer market (those born between 1946 and 1964) is huge. More than 75.8 million Americans were born during those years. This group is beginning to retire and will continue to do so for the next 30 years. Are you prepared to help these seniors?
We’re not talking about your parents’ grandfather or grandmother. Today’s retiring seniors want home environments that offer excitement, learning opportunities, ways to stay in shape and the ability to socialize with each other. They don’t want a lot of yard work. Most still travel and desire a care-free lifestyle. The answer is active adult communities.
. You can print out this list of types of gifts and give it to your clients in a seller or buyer package early on in the transaction. I mean, you don’t want to give the impression a gift is expected or beg for stuff. Or maybe you just want to string me up by toes and proclaim, “I am not a pullet!” Perhaps you have other ideas or suggestions of gifts that you would find welcome. Yammer away. I love input.