Homes For Sacramento Blog -Rick Delgado

cheap home renovationsFive Cheap home renovations with the most value when it comes to selling your home

1. Update the Kitchen

The kitchen is a major selling point of any home and just by doing something like replacing the faucet, replacing the cabinet door handles or updating the lighting fixtures can have a huge impact on prospective home buyers.

If you have somewhat of a larger budget, new cabinets and countertops always make for a huge improvement.

2. Get a new Front Door

We all know the importance of a good first impression and one of the first things people looking at your home will see is the front door. Whether you get a nice new one or simply repaint the existing front door, it will definitely go a long way in making a good impression. And it won't

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Sacramento real estate stats Feb. 2016After a fairly sluggish January, Sacramento homes sales have picked up the pace.

According to the latest stats from the Sacramento Realtors' Association, February saw sales volume ramp up by 12.3% from January, with 1,082 homes sold. Last month 963 homes were moved.

February 2016 sales were down ever so slightly from a year ago, when there were 1,098 homes sold.

Pending sales went up 13.9% from 1,098 to 1,251. Compared with February 2015, the current number is up .3% (1,247).

Meanwhile, the median sales price jumped up 4.9% from January this year, going from $284,900 to $299,000. This is also a 5.6% jump from February last year, when the median sales prices was $283,000.

And the good news for those thinking of selling their homes, is the

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New home sales in Sacramento reach highest numbers in eight years

New Homes Sales SacramentoLooks like the new homes real estate market in the Sacramento area is picking up steam.

According to the North State Building Industry Association, some 447 new homes were sold in the Sacramento area in February. That's the highest monthly total since 2008 when the recession began, and only 59 new houses were sold that February.

New home are being built in some 123 subdivisions in the region, the most in seven years, including West Roseville.

These numbers come at a time when new homes are still fairly expensive compared to resale or older homes. The average new-home sales price in the Sacramento region last fall was $478,000, just 5% less than it was during the height of the

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Tips to quickly sell your Sacramento homeMany people put their homes on the market during the spring season. It's a good time because many folks are looking for a new home. Check out these tips to separate your home from the rest and help it sell quickly.

  • Make A Great First Impression - The most important thing is for your home to make a good first impression. A potential buyer doesn't want to drive up and find the front lawn unmowed and full of weeds, with unkept landscaping. Buyers don't want to see paint flaking off the front door, so make sure the first thing a prospective buyers sees with your home makes a good impression.
  • Declutter and Clean everything - This is very important. When someone walks into your home, they don't want to see your stuff lying around everywhere, so clear
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West Roseville CommunitiesMany people moving to, or within, the Greater Sacramento area are looking for newer homes at reasonable prices. If you're looking for a safe, quiet area to call home, look no further than West Roseville.

Located west of Woodcreek Oaks Blvd., you'll find many great neighborhoods in West Roseville including Blue Oaks, Solaire, Placer Ranch, and amazing master planned communities like Westpark.

Westpark is a 1,500-acre development that will have 5,800 homes when it's built out. Builders in Westpark include Centex Homes, Pulte Homes and Lennar Homes.

This community is slated to have 42 acres of parks along with 350 acres of open space, so it certainly won't feel too crowded.

Solaire is a 400-acre development south of Pleasant Grove Blvd., near

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Sacramento county real estate enjoyed a solid month of January - the best January in the past three years, actually.

According to new stats from the Sacramento Association of Realtors, 1,124 existing homes were sold in Sacramento County in January, up 7.4% from January 2015. The median sales price was $265,000 - up 8.4% from Jan. 2015, when homes were averaging $245,000.

When you factor in all homes sold (new homes, condos, and resale homes), 1,378 units were sold, up close to 9% from the previous year. And for all units sold, the median price enjoyed a nice jump of 10.2% to $270,000 from Jan. 2015.

However, January sales were down from December 2015, a decline that's attributed to the new government mortgage rules, which helped December sales

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Further evidence of Sacramento's red-hot real estate market comes from a new report showing luxury homes in Sacramento have been selling well and becoming even pricier for affluent home buyers.

According to brokerage firm Redfin, Sacramento's high-end housing prices increased by 12.6% last year, making the city's luxury market the third hottest in the United States, behind only Philadelphia and Austin, Tex., where values were up more than 20%.

Redfin defines luxury homes as those being in the top 5% of all homes for sale. Redfin’s report tracks all homes sold in at least the 95th percentile in more than 600 places. Cities must have had 100 luxury sales to qualify as big winners or losers.

The reason for Sacramento's surge in luxury property

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Sacrament home sellingIf you're thinking of selling your home in Sacramento, now is a perfect time to put it on the market.

A recent report from realtor.com shows the Sacramento real estate market as being the sixth hottest in the entire United States for this past January.

According to the report, overall inventory is down, making it a very good market for sellers.

The real estate market generally heats up in spring, during the months of March,  April, and into May, so why not put your home on the market now and avoid all the competition coming up in a couple of months?

By selling now, your are also more likely to be able to list your home for a higher price, given there are plenty of buyers in the Sacramento area and less competition in terms of homes for sale.

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What are the top reasons owning a home makes financial sense?

  • Housing is one of the highest leveraged investments you can have.

  • You are paying your own mortgage or someone else’s.

  • Owning a home makes you save for your future.

  • Tax Benefits.

  • Owning is a hedge against inflation.

    Bottom Line:

    Buying a home makes sense financially and helps your build for your future.

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rentals in SacramentoThere's good news for revenue property owners in Sacramento.

The city has one of the highest rental rates in the United States after rents rose by 10% in January from a year earlier.

A study by Yardi Matrix shows Sacramento sitting tied at No. 2 with San Francisco among 30 U.S. rental markets. Only Portland had a higher rental increase, coming in at 14% for January 2015.

The average rental rate in the Greater Sacramento area for all rentals is $1,158. One bedrooms rent for an average of $1,032.

Over the last quarter, Sacramento had a rental appreciation of 0.8% of "renter by necessity" apartments, which was the highest level of any city in the U.S. Yardi Matrix defines such apartments as those rented by people who can’t afford to own, often

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