Homes For Sacramento Blog -Rick Delgado

Looks like the average home price in Sacramento and El Dorado Counties has trended slightly downward in May, while single-family homes in Placer County have basically remained unchanged.

In Sacramento County, the median list price of single-family homes selling for less than $250,000 dropped 2.75% to $209,000, while single-family homes listed for more than $250,000 dropped 4.24% to $416,553.

Meanwhile, condos and townhomes in Sacramento saw a large jump in price - 10.12% for units listed at more than $100,000. The new median price is now $234,000, showing these residences are in high demand.

Then there's the average price of condos and townhomes (listed for more than $200,000) in El Dorado, which has jumped big time by some 62.99% to an average

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When it comes to selling your home in the Sacramento area, the ideal situation would be to get multiple offers, allowing you to get more return for your residence. Here are a few things to consider that can help make that happen, especially with Sacramento real estate being in high demand.

It's all about Location

If your home or property is in a good location, you're already ahead of the curve since that's the main thing home buyers look for. Keep in mind, though, that what makes a "good location" changes. So, if your neighborhood has improved, your home value will too. However, it can go the other way as well, but above all, be honest with yourself and work with your real estate agent to price your home properly. Which brings us to the next tip...

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Looks like it's going to be another successful Sacramento Music Festival this Memorial Day long weekend.

With artists like Big Bad Voodoo, Lee Rocker from the Stray Cats and Pablo Cruise, advance ticket sales are up 4% from last year's event.

Last year's event in Old Sacramento drew some 22,000 music fans, which was up a bit from 2014, so organizers are hoping to see more than 23,000 fans this year, which is still a far cry from the festival's glory days of the 1990s, when it drew more than 100,000 people for what was then the Sacramento Jazz Jubilee.

This year's event promises 100 unique performances, street dancing, animated parades, instruments booming, and great food and drink in an energetic atmosphere that will carry over four days (Friday,

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Real estate in Sacramento continues to steadily sell, with April housing statistics showing overall sales increased 7.9% from the month of March, with 1,554 residences sold - compared to 1,440 in March.

Interestingly, the active listing inventory went up by 6.5% from March, however the months of inventory remained static at 1.4 months. And, when compared with April last year, the overall inventory is down by 17.4%.

In terms of home prices in the Sacramento area, the median price went up by 1% from $307,000 in March to $310,000 last month. In April, 2015 the median price was at $281,000. By way of comparison, homes back in August of 2005 (the peak median home price in Sacramento) were quite a bit more expensive at $392,750.

The lowest median sales

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Lawn Watering SacramentoWith summer just around the corner, here are some tips to help conserve water in Sacramento, while maintaining a beautiful lawn and garden.

Keep in mind that in Sacramento, lawns can only get watered twice a week during daylight savings time (March 13-November 6, 2016), and only before 10 a.m. or after 7 p.m. Odd numbered homes water on Tuesday and/or Saturday, while even numbered homes are scheduled for Wednesday and/or Sunday.

Now when it comes to keeping your lawn lush and green, you don't need that much water. In fact, turf grasses need only about 3/4" - 1" of water a week to stay green and keep growing. An inch of water will soak down through about 6 inches of soil. In terms of how long to keep the sprinkler or irrigation turned on, get tuna

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Looks like rental rates for housing continue to climb in Sacramento, which means it's a good time for real estate investors.

According to Zumper, which is an apartment rental site, the monthly rate for a one-bedroom apartment in Sacramento is $960, which is a 10.3% increase from a year ago, and puts Sacramento's rents among the 25 highest in the United States.

In fact, Sacramento came in at No. 23 for cities tracked by Zumper.

Experts say the reasons for the rental increases include more people moving out of the suburbs and into more dense urban areas with condos and apartments. Additionally it looks like people are choosing to rent for longer periods of time than they were before.

Additionally in Sacramento, a lag in construction to keep pace

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new Elk Grove retail centerA new proposal for a major retail center in Elk Grove will be reviewed next week by the city's planning commission.

The 24-acre center, located on the southeast corner of Elk Grove Blvd. and Bruceville Rd. will be anchored by a new 150,000 sq. ft. Costco warehouse, which would be welcomed by Elk Grove residents.

The new shopping complex would be adjacent to the Elk Grove Commons shopping area, which has a Kohl's and Trader Joe's, and is on the west side of Bruceville Road.

The proposal included some 225,000 sq. ft of retail space that is owned by Cordova 83 Properties, which is part of the larger Pappas Investments group out of Sacramento.

The retail shops would be spread out over several buildings on the block including a major tenant on the

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South Land Park (Greenhaven)

A fantastic location close to the I-5, along with home prices and space make South Land Park - also known as Pocket-Greenhaven - one of the best neighborhooods in Sactown. You'll find ranch homes between $200,000 and $550,000 on a quarter acre of land. The area is close to downtown Sacramento. And it's near Land Park as well as Bing Mahoney golf course. There are several amazing Carter Sparks, Eichler and Streng homes, some of which you can tour during the Sacramento Mid-Century Modern Home Tour.

Cresleigh Ranch Village in Elk Grove

A superb neighborhood for university graduates looking to settle down and raise a family, Cresleigh Ranch Village is situated in the southwest nook of Bruceville Road and Franklin

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sacramento real estate Sales of Sacramento homes, condos and townhomes took a large leap in March compared to the number of sales in February.

According to the Sacramento Realtors Association, the sales volume last month jumped 33.1% from February with 1,440 units selling, compared to 1,082 in February, showing that the Greater Sacramento area real estate market is enjoying a solid early spring.

For year-over-year sales, this March is up 4.7% after 1,376 homes were sold in March 2015.

Additionally, pending sales went up for the second straight month, up 15.4% from 1,251 to 1,444 from February - another significant jump.

In terms of home prices in the Sacramento area, the month-to-month median sales price went up from $299,000 to $307,000, a 2.7% increase and a 9.2%

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Check out these helpful tips if you are selling your home in a buyer's market, where there are far more homes for sale than people buying houses.

Getting a good price or full value for your home can be tough when you put it up for sale in a buyer's market. Buyers are seeking a good deal, and they want to get the best house while paying less for the same type of home. Additionally a buyer in a buyer's market can be far more selective, so your home should be priced properly, and ideally be ready for immediate move in with a minimal amount of work on behalf of potential home buyers.

Pre-Market Your House

Talk to Rick Delgado about pre-marketing your home so as to see how well the market will respond to the listed price. Rick will pre-market your

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