Is Martin Luther King Day a Realtor holiday? This day began like any other day, hustle and bustle. We have a new Carmichael listing coming soon and we were busy getting the agreement signed. There are some legal overlays, so an attorney had to review. Both sellers have to sign it. We should be in MLS on market status by Friday. What a beautiful property, and be sure to read that post in a Coming Soon listing blog promotion. We should have photos next week.
Also, we received an offer on our Oak Park listing on 48th today, so we responded right away with a seller counter offer. Our escrows needed updating as they are in process. With appraisals due next week, we have our handyman getting them ready with smoke detectors and CO2 detectors.
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.
The Sacramento County Housing Report for December 2019 comes to us from team member Josh Amolsch. Josh is out there every day in the trenches, working relentlessly. He knows the inventory and how to find the homes his clients dream about. As a well seasoned professional Realtor, Josh knows the market pulse and shares his experience with you in his monthly market trends blog. Enjoy. — JaCi Wallace
The Sacramento County Housing Report for December 2019 includes only Sacramento County single-family homes. No other criteria are included in this particular report. This singular focus of sales gives us a deepened understanding of what is happening in our area. If you want to receive updates for a specific area, a ZIP code, multiple ZIP codes, multi-family properties, and / or land, sign up here for your Sacramento housing report by ZIP code.
Should home sellers leave garbage cans full? Well, the contract specifically states the seller shall remove all debris. If we really think about it the seller stops paying the garbage bill when we close escrow. The buyer is responsible for the ongoing garbage bill. I doubt any buyer is happy to push the garbage cans to the curb full of someone else’s garbage.
Another consideration is when buyers move in, they are going to produce packing paper galore and their own garbage from moving in. They really need the garbage cans empty, so they can throw away their own stuff. This is one of the seller’s last steps to close escrow.
Elk Grove entry-level home prices starting at $350,000 plus are getting hard to find. My niece is home shopping and an 1,100 sq foot home is $350,000. If you want a larger home, say, 1,400+ square feet, it’s going to cost more. Elk Grove schools are in high demand, and that is one of the factors why so many people are moving here.
I have been looking several times per day for homes. I found one property with a huge lot and 1,700 square feet. It needed a new roof, new HVAC and had no landscaping in a giant back yard. Did I mention it was a duplex, so it is not a free-standing home? The kitchen is small, featuring limited cabinets. Too many issues need attention.