Tagged : sacramento real estate

Found 13 blog entries tagged as "sacramento real estate".

Looks like home prices in the Sacramento area are pacing ahead of wages earned.

According to RealtyTrac, a real estate information company out of Irivine, Calif., Sacramento's home prices are 9% higher than they were last year at this time, but the growth of the wages and earnings is up 5%.

Home prices Sacramento and the Tri-County region have steadily been on the rise since bottoming out in early 2012, however earnings haven't been able to keep pace with the rapid rise of homes.

RealtyTrac reports the least affordable region in the area is El Dorado County, where an average wage earner living there must spend 67% of their earnings to purchased a home worth $430,000.

The most affordable area to live in the region remains Sacramento County,

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There's a good chance online retail giant Amazon will be setting up shop in Metro Air Park, a move that will provide many new jobs and a boost to the Sacramento-area economy, while also having an effect on the Sacramento real estate market.

With Sacramento County receiving an application for an 855,000 sq. ft. building/warehouse at the Air Park, many believe the application is on behalf of Amazon, though this is not confirmed yet.

"The rumor is pretty solid, but it’s not a done deal yet,” said Joshua Wood, CEO of Region Business, a Sacramento area business advocacy organization, to the Sacramento Bee.

County officials have so far only confirmed the got the application last month for the property, which is situated east of Sacramento International

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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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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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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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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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