Sacramento Real Estate
Sacramento is a strong and vibrant city with a diverse population which makes it the perfect place to call home. Full of sought after neighborhoods, parks and schools, the local real estate market remains on an upward trend. There is a robust rental market and a lack of available housing, both of which make Sacramento a great place to invest in your future. I am a Broker Associate with Sacramento’s #1 Real Estate Brokerage, Coldwell Banker Realty. I am born and raised in the capital city, and I love it here in Northern California. I have been licensed since 2004 and have spent my entire career with Coldwell Banker Realty. I bring a high level of professionalism to my representation of both buyers and sellers, Learn more about me and my approach to real estate below.
Sacramento Real Estate News, Trends & Insights
The California Housing Finance Agency, also known as CalHFA, is rolling out a new down payment assistance program for moderate income and low income first-time home buyers which is known as the “Dream for All Shared Appreciation Loan.” It provides the qualified borrower with the 20% down payment in exchange for a share of the appreciation in value of the home. When the borrower eventually sells the property, they will repay the original down payment loan plus a share of the appreciation in the value of the home.
Modern valuation techniques, which use technology, data and analytics are allowing lenders, borrowers, and investors a more efficient process for successfully closing transactions. This allows a financed buyer the opportunity to compete against all cash offers and to do so at lower costs. If you’re looking to purchase a home, then I encourage you to reach out to me so we can begin the home search together.
In 2003, my dad gifted me a copy of Robert Kiyosaki’s “Rich Dad, Poor Dad” and it taught me that exchanging my time for money in the grocery business as an employee wasn’t going to get me to where I wanted to go in life.
If you're planning to sell your home, you're likely looking for a reliable and experienced real estate agent to help guide you through the process. Coldwell Banker Realty is a well-known and respected name in the industry, with a reputation for professionalism, expertise, and excellent customer service. I take pride in being a Coldwell Banker agent, and in my blog post today, I explore the strengths and benefits of listing a house for sale with me as your Coldwell Banker Realty real estate agent. Helping my clients through a successful real estate journey is how I love to spend my time. So, if you have been thinking about making a move, send me a message, and let's chat about it!
Buying a home is a significant investment and a crucial decision for anyone. One of the best ways to make the most out of your home buying experience is to attend open houses. Open houses are a great opportunity to see the property in person, get a feel for the neighborhood, and ask any questions you may have. However, to get the most out of an open house, it's important to know what to look for and what questions to ask. In this blog post, we'll share some tips for home buyers on how to make the most out of viewing a property at an open house.
In all, I am starting the year off with 11 written goals. Five are work related, six are personal related. Once accomplished, I will be looking back at a fulfilling 2023 that resulted in a happier, healthier, and more accomplished me. What about you, do you enjoy setting written goals for yourself? If so and you’re up to it, message me what some of yours are for the year to come. I’d love to hear from you!
This is promising news to me and I’m excited by the opportunities that the current market is presenting real estate buyers and investors. Over the next weeks I’ll be working on my goals for 2023, and I think adding at least one new rental in the Sacramento area over the next 12 months will be one of those goals. Feel free to reach out to me with any questions or interests you have as they relate to real estate.
The hypothetical rental I was considering at the time was a three-bedroom, two full bathroom home with 1,600 square feet of living space on a 0.16-acre sized lot in an average neighborhood. The median price for a detached single-family home in February of 2021 was $440,000. Rent rates were estimated at $1.25 per square foot, which put our generic home at $2,000 per month.
In addition to the more attractive pricing seen in the condo market, there also is more of a balance at the negotiating table between buyers and sellers than currently exists in the single family home market. Price and balance are two strong influences that should prove this prediction to be accurate.