Sacramento Shines for First Homes and Forever Homes

I 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.

Mark DelgadoDecember 7, 2020Sacramento CA, Sacramento California, Sacramento Real Estate, Sacramento Homes, Northern California, California, Mark Delgado, Mark Delgado Realtor, Mark Delgado Real Estate, Coldwell Banker, Coldwell Banker Realty, first time home buyer, first home, forever home

Consider Listing Your Home During the Winter Months

As 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.

Mark DelgadoDecember 3, 2020Mark Delgado, Mark Delgado Realtor, Mark Delgado Real Estate, Coldwell Banker, Coldwell Banker Realty, California, Northern California, Sacramento, Sacramento Homes, Sacramento Real Estate, Realtor

Low Inventory, Low Interest Rates, and a New Refinance Fee

There 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.

Mark DelgadoOctober 2, 2020Zillow, Federal Housing Finance Agency, Sacramento Real Estate, Sacramento California, Mark Delgado Realtor, Coldwell Banker Realty, adverse market refinance fee

Second Homes and Low Mortgage Rates

I’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.

Mark DelgadoJuly 7, 2020Vacation Home, Vacation Rental, Second Home, California Real Estate, Northern California, Coldwell Banker Realty, Sacramento Real Estate

This Slower Market is still a Sellers Market

While 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.

Mark DelgadoJune 19, 2020Sacramento Real Estate, Buyer Representation, professional representation, Coldwell Banker Realty, Northern California

Sacramento Real Estate News, Trends & Insights