February 2016 RSS Feed

Many 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…

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…

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…

If 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.

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.