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.
Read MoreIf 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!
Read MoreThis 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.
Read MoreFor the first time in recent memory, our local real estate market did not experience a slow down over the winter. The limited inventory of available homes ensured that prices continued to climb and days on the market remained brief.
Read MoreI decided to write about Kelman’s outlook because I agree with a lot of what he had to say. What he described on the national stage is what I’m seeing here locally in Sacramento. The incredibly low interest rates, which as of this morning were at 2.5% for conventional and 2.25% for FHA, make right now a really good time to buy your first home or your forever home. The incredibly low rates also make it a really good time to invest in 2-4 unit residential income properties. But the stiff competition in the market for single family homes has caused me to personally take a step back from buying / investing in those as rentals.
Read MoreAs we near the end of this challenging year, many areas continue to experience a real estate inventory shortage and interest rates remain at record lows.
Read MoreHome values are up, interest rates are down, and your neighborhood is highly sought after. Any one of these factors could lead a home owner to consider selling. With so many contributing factors working in concert, they have created a great real estate market and sellers are taking advantage of it. As the air gets crisp, the leaves start to change their colors, and kids are back in school (sort of) is now still a great time to sell?
Read MoreThere may be some minor relief for area buyers that have long ago grown weary of the constant competition with each other over our limited housing supply. Summer has ended, the school year has begun, and traditionally these two factors have resulted in a slowing of overall buyer activity.
Read MoreIn short, Fannie Mae’s surveys continue to confirm what we’re seeing here locally in our own market. Buyer activity is robust, while seller activity is limited. Competition for available homes is tight, and home values remain steady. Properly priced homes continue to receive offers in short order. Will home prices drop due to COVID-19 influences?
Read MoreI’m able to show properties from the Nevada border to the coast and as far north as Mendocino. Additionally, I’ve made contacts with great agents throughout the region who are experts in their locales. California offers areas of immense beauty throughout the Northern California regions. If you’d like to chat further about pursuing a vacation home for yourself and your family, reach out to me at 916.705.2298 or via email at mark.delgado@cbnorcal.com.
Read MoreWhile the market is significantly slower than normal, there still is only a 1.36 months worth supply of homes on the market. What that means for buyers is that it continues to be distinctly a sellers market. However, it is important to also note that while it is a sellers market, on average, homes are not selling for drastically more than asking. As a result, it is critically important that you and your offer are presented in the most professional way possible.
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