Rocklin to Sacramento market

Home for sale in Citrus Heights CA

2012-02-10T15:04:00.000-08:00

Home for sale in Roseville

2012-02-02T07:52:00.000-08:00

For Sale: 3BR/1+1BA Single Family House in Citrus Heights, CA, $149,000

2011-06-09T11:44:00.000-07:00

For Sale: 3BR/1+1BA Single Family House in Citrus Heights, CA, $149,000

For Sale: 4BR/2BA Single Family House in Citrus Heights, CA, $142,000

2011-04-28T16:42:00.000-07:00

For Sale: 4BR/2BA Single Family House in Citrus Heights, CA, $142,000

2011-04-19T11:29:00.001-07:00

For Sale: 4BR/2BA Single Family House in Citrus Heights, CA, $142,000 http://ping.fm/Cumll

great Sacramento ca home for sale

2011-04-18T22:19:00.001-07:00

great Sacramento ca home for sale

2011-04-18T22:19:00.000-07:00

great Sacramento ca home for sale

2011-04-18T22:17:00.000-07:00

For Sale: 3BR/1+1BA Single Family House in Citrus Heights, CA, $149,000

2011-04-01T15:27:00.000-07:00

For Sale: 3BR/1+1BA Single Family House in Citrus Heights, CA, $149,000

2011-04-01T15:26:00.001-07:00

For Sale: 3BR/1+1BA Single Family House in Citrus Heights, CA, $149,000 http://ping.fm/2Qh1p

For Sale: 4BR/2BA Single Family House in Citrus Heights, CA, $142,000

2011-03-25T13:06:00.000-07:00

For Sale: 4BR/2BA Single Family House in Citrus Heights, CA, $142,000

Housing Prices: Home Prices Falling Faster in Biggest Cities: Case-Shiller - CNBC

2010-12-29T18:55:00.000-08:00

Housing Prices: Home Prices Falling Faster in Biggest Cities: Case-Shiller - CNBC

For Sale: 4BR/2BA Single Family House in Citrus Heights, CA, $159,500

2010-11-03T10:12:00.000-07:00

For Sale: 4BR/2BA Single Family House in Citrus Heights, CA, $159,500

Remodeled HOME FOR SALE IN CITRUS HEIGHTS CA

2010-10-28T13:06:00.000-07:00

home for sale in antelope ca

2010-10-01T10:05:00.000-07:00

Sacramento region home sales increase, prices stay the same - Sacramento Business Journal

2010-07-15T16:13:00.000-07:00

Sacramento region home sales increase, prices stay the same - Sacramento Business Journal

For Sale: 3BR/2BA Single Family House in Antelope, CA, $169,900

2010-06-24T14:31:00.000-07:00

For Sale: 3BR/2BA Single Family House in Antelope, CA, $169,900

state of CA first time home buyer credit

2010-06-21T23:50:00.000-07:00

There is a tax credit available for first time buyers in CA. You better hurry and get into contract to take advantage of this credit. Here is an article talking about the credit.
http://blogs.wsj.com/developments/2010/06/21/californias-tax-credit-bidding-hasta-la-vista-to-buyers/#

easy way to search mls

2010-05-10T20:11:00.001-07:00

http://idxpro.cisdata.net/AR297142/Search/quick/

Citrus Heights 95621 Market data

2010-04-22T11:07:00.000-07:00

April is turning out to be the start of the prime selling season for real estate. As of April 22nd there are 163 active listings in CITRUS HEIGHTS CA 95621. There are 40 active short sales and 69 contingent short sales out of that 163 number. There are 30 bank owned listings and only 24 regular listings. The average price per square foot of the regular listings is 163 per sq ft. The overall average price per square foot is 126 per sq. foot. There are 62 pending sales right now with the lowest pending sale at 99k and the highest is 259k. The average pending sale is 168k. 113 homes sold in the last three months with the lowest home selling for 105k and highest home sold for 410k. The average selling price during the last three months was 177k. The average days on market was 59. There is only a two months supply of inventory for the 95621 zip code. If you are a buyer looking for a HOME FOR SALE IN CITRUS HEIGHTS right now it is going to be tough to find a house with the low inventory of homes for sale.

Sacramento foreclosures still rising and so are the home prices

2010-04-01T20:57:00.000-07:00

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Sacramento Foreclosure Homes Still Up, but Prices Are Rising

By: John Cutts

Sacramento foreclosure homes are still surging, but prices are rising, based on reports from the Sacramento Association of Realtors, the California Association of Realtors and research firms.

In the counties of Sacramento, El Dorado, Yolo and Placer, the percentage of mortgages in default has risen to 12.29 percent in January 2010, a jump from 11.99 in December 2009 and far above the 7.64-percent level in January 2009. The January 2010 rate was higher than the statewide rate of 11.64 percent and the nationwide rate of 8.66 percent.

All throughout 2009, the default rate increased as the unemployment rate climbed up from around 6 percent to surpass the 12-percent level. According to the California State University-Sacramento and the Chaptered Financial Analyst Institute-Sacramento, joblessness is expected to rise further to 13.5 percent in 2010.

Despite the high default and unemployment levels, the median sales price for homes in the 4-county Sacramento area rose by three percent in January year-over-year, climbing up to $174,830. The median though varies county to county, with El Dorado having the highest median at $310,000. The median price statewide was still high at $287,400 despite the still high number of California foreclosures.

Total sales of homes in the Sacramento area fell by 24.9 percent from January 2009 sales and by 29.5 percent from total sales in December 2009.

Meanwhile, according to an online real estate firm, in the city of Sacramento, sale of foreclosures still dominated the market, holding the average price level at $193,425.

It is not only the high unemployment rate that will push the number of Sacramento foreclosure homes to rise. The high percentage of mortgage borrowers with negative equity will also push more foreclosures. In the Sacramento region, more than 46 percent of all mortgaged homes in the area or 229,417 units were underwater as of the final quarter of 2009.

Sales and prices of new houses in the region were also affected by foreclosures. In February, nearly 90 percent of new house sales were priced below $400,000; 41 percent were priced below $300,000; and 45 percent were in the price range of $300,000 to $400,000. Just 12 percent were priced between $400,000 and $500,000 and no new houses were priced above $600,000.

Nevertheless, according to Metrostudy analysts, the region will recover from record numbers of Sacramento foreclosure homes more quickly than most other large metro areas. The analysts said that the problem of overbuilding is not as grave in Sacramento as in other cities.

Author Resource:-> Original Post: Sacramento Foreclosure Homes Still Up, but Prices Are Rising on BankForeclosuresSale.com.

Article From Real Estate Pro Articles

Roseville CA 95678 market data

2010-03-11T10:28:00.000-08:00

I just went through the HOMES FOR SALE IN ROSEVILLE CA 95678 statistics. There are 173 listings in that zip code. Here is a breakdown of the 173 listings. There are 24 bank owned listings, there are 32 short sale listings, there are 78 short sale contingent listings and finally 39 so called regular listings. Twenty two percent are regular listings. These might be homes that investors purchased and then fixed up to sell or just homeowners who have owned their home a long time and still have equity. The lowest active listing price is 59k and the highest active price is 505k. The average days on market is 104, and the average price is 251k. The price per square foot average is 139. There are 69 pending sales right now. The lowest pending sale is 60k and the highest is 415k. The average price per square foot on these pending sales is 141 per sq. foot. There have been 102 homes sold in the last three months. I have caculated that there is a 5 months supply of homes on the market right now. The average price per square foot of the sold homes is 139. The average price came out
to 230k. The lowest sold home was 15k and the highest home sold was 480k.
The average days on market was 65. I did pull up the average price per
square foot of the 39 so called active listings and it is 159 dollars
per square foot. The regular listings are getting a higher asking
price compared to the distressed sales IN ROSEVILLE CA.

Orangevale CA Market data

2010-02-25T13:05:00.000-08:00

There are 134 active listings in the Orangevale CA area as of Feburary 25th 2010. Out of the 134 listings, 26 are short sale listing, 45 are short sale contigent listings, 17 are bank owned listings. That leaves 46 so called regular listings. The average days on market is 94 days. The average price per square foot is 155.0. There are 37 pending sales right now with an average pending price per square foot of 146.0. The lowest pending sale is 100,000.0 and the hightest pending sale is 673,000.0. 35 homes have sold in the last three months with an average price per square foot of 143 per square foot. The average price of a sold home was $242,000.0. According to the mls statistics there is a 3.1 months supply of homes on the market as of the end of January 2010. The lowest active home for sale in ORANGEVALE CA IS a nice 793 sq foot home for $129,900.0. The price was just lowered on Feb. 24th.

North Highlands market statistics

2010-01-12T14:23:00.000-08:00

I went into the MLS today and pulled up the market data for HOMES FOR SALE IN NORTH HIGHLANDS CA. There are currently 135 active listings in the 95660 zip code.Out of the 135 listings, 12 are bank owned listings. Thirty Three are short sale listing and 60 are short sale contigent listings. That means these 60 short sale listings allready have offers on them. There are just 30 listings in NORTH HIGHLANDS CA that are not either a short sale or bank owned listing. The average price per square foot is 97 dollars per sq. ft. The lowest listed home right now is $69,900.0 and the highest listed home is $239,000.0. There are currently 72 pending homes for sale on mls right now with the lowest at $59,900.0 and the highest at 249,000.0. There have been 127 homes sold in NORTH HIGHLANDS CA the last three months. That is an average of 42 homes sold per month.The average price per square foot for these sold homes comes out to 99 per sq ft. That means there is a 3.2 months supply of homes for sale in the 95660 zip code. There definatly a difference in prices between the short sale listing and the so called normal listing. The average price per sq ft of the 33 short sale listings is 101 per sq. ft. The average days on market is 70 with an average list price of $113,000.0 The average price per square foot of the 30 normal listings is 121 per sq ft. The average list price is $153,000.0. The average days on the market is 43. You can see by these statistics that if can work on a house, you will save money buying a distressed house in NORTH HIGHLANDS CA.

CITRUS HEIGHT CA MLS STATISTICS

2010-01-06T12:45:00.000-08:00

I was on the CITRUS HEIGHTS MLS today looking over the statistics for the zip code of 95621. I found out that there are currently 158 active listings. Out of the 158 actives, there are 61 active contigent listings. These are the short sale listings that do have offers on them. The average list price per sq. foot is 132.0. Out of the 158 active listings, 24 are bank owned listings and 44 are short sale listings. There are 60 pending HOMES FOR SALE IN CITRUS HEIGHTS CA RIGHT NOW.The lowest pending sale is 99k and the highest pending home sale is 305k. There have been 140 homes sold in the last three months. That is an average of 46 homes sold per month. This data is telling me that there is a 3.4 MONTHS SUPPLY OF HOMES FOR SALE IN CITRUS HEIGHTS CA. Since the average price per sq foot of actives is 132 per sq ft. and the average price per square foot of pendings is 127 per sq ft. This data definatly shows there is no downward pressure on prices in CITRUS HEIGHTS CA. If anything it looks like there is a small upward pressure on prices. The supply of homes is only 15 more than September's supply of homes. The housing market traditionally slows down starting in October so the supply really hasnt increase alot.
I would say given the fact that home buyers get a tax credit and the supply of homes isnt increasing tremendously, 2010 looks like a perfect time to buy a house. If a person needs to search for homes they can go to www.rocklinsacramento.com.

The three county market place

2009-12-17T13:06:00.000-08:00

I just looked at the sales results for PLACER, SACRAMENTO AND EL DORADO COUNTIES for the period ending November 30th 2009. The number of homes for sale was at 5804 which is down from October's number at 6028. The number of sold homes is also down to 1868 from 2440 which was October's number of homes sold. The number of pending homes for sale is at 2926. That number is higher than October's number of 2854. The average price per sq. ft was at 133 per sq feet. It was at 129 per sq ft for September and October 2009. The average days on market was at 70 for November. That number is about the same as October's number of 69. The overall average price of homes sold in the PLACER, SACRAMENTO AND EL DORADO COUNTIES was $246,000.0. The average price of homes sold in October was $236,000.0. It looks like the inventory of homes for sale is still tightening up and that is causing a slight increase in the average price paid for a home. If you need to search for homes for sale ,please go to www.rocklinsacramento.com

Overall statistics of Sacramento county sales

2009-11-20T17:22:00.000-08:00

I just wanted to give some statistics for the entire Sacramento county. Back in August 2008 the number of HOMES FOR SALE IN SACRAMENTO COUNTY was 8280. The number of homes for sale in October 2009 was 3325. The number of homes sold in August 2008 was 2244 and the number of homes sold in October 2009 was 1634.The Average price per sq. foot back in August 2008 was 141. The average price per sq. foot in October 2009 was 123. The median price back in August 2008 was 213k. The median price in October 2009 was 185k. We hit a bottom median price of 165k back in Feb. 2009. The number of months inventory for October 2009 is 2 months for the Sacramento county area. We were at 4.2 months of inventory back in Aug. 2008. It should be interesting to see if the banks increase the inventory starting in Jan. 2010 since we know there are many vacant bank owned homes out there.

Statistics of homes sold in Roseville

2009-11-19T15:22:00.000-08:00

I will start with the ROSEVILLE CA zip code of 95747. There are 304 active listings in this zip code. 95747 is considered the WEST ROSEVILLE AREA. The lowest is a 171k house and the highest current listing is a 699k house. In october there were 83 sold homes. In the prior three months from August 18th to November 19th ,there were 264 homes sold. That came out to an average price per square foot of 153.0. There are 88 pending sales right now. The average days on market are 102. There are 174 short sale listings out of the 304 active listings. There are only 11 bank owned listings right now. This all means that there is a three and a half months supply of homes on the market.
I found some very interesting statistics about the 95678 ROSEVILLE zip code. There are only 12 active HOMES FOR SALE IN THIS ROSEVILLE CA AREA. There are currently 25 pending sales in this zip code. There have been 39 homes sold in the last three months. These sold homes were on the market for only 30 days on average. The average price per square foot was 129.0. The lowest home sold was 69k and the highest home sold for 410k. The inventory is very tight in this zip code with less than a months supply of homes. If you are looking for a home in the 95678 zip be prepared to send in multiple offers before one is accepted.

2009-11-06T21:56:00.001-08:00

If you have children ages 3 months to 8 years in Sacramento CA area, you should go to www.thestoreclosing.com. This online childrens educactional toy store is closing. They are getting rid of everything at 70% off. You can order out of the area also.

Hot investor zip code

2009-11-02T15:03:00.000-08:00

I figured that I would spill the beans on where the hot investor zip code is. It is the North Highlands zip code of 95660. Investors have been buying DISCOUNTED HOMES IN NORTH HIGHLANDS CA for the past year and half now and making a ton of money. There is actually a short supply of homes for sale in the 99k and under price range. There are 60 active listings in the 99k and under price range right now in 95660. The big problem with that is that 46 are active contigent listings. That means they allready have an offer on the house and the listing agent is negotiating with the bank on getting short sale approval. In reality there is only 14 available listings under the 99k price range. Last year you could find many more homes under 100k. A person's window of opportunity to buy a home under 100k in North Highlands is
quickly closing. The investor knows that even at a 90k purchase price on a 3br home that there
mortgage payment on a 15 yr loan is $775.0 per month. They can easily rent that house for $900.0 to $1050.0 per month. This is an incredible opportunity to buy a house where the renter can make your mortgage payments for just 15 years and then you own a house free and clear.

Retire in 10 years

2009-10-27T15:30:00.000-07:00

I wanted to show someone now that a person who has 100k now and just an average income how to retire in 10 years. I have been finding properties FOR SALE IN THE SACRAMENTO CA area that are selling for 70k or less. The amazing thing about this is that the rents on these houses are still $1000.0 to $1150.0 per month. I have caculated that if you were to put 25% down your loan amount is $52,500.0. A payment on that loan amount for 10 years at 6% is $712.0 per month. This payment includes P.I.T.I. If the rent is $1150.0 per month and you take away a $150.0 per month for property management and utilities you still have a positve cash flow of $288.0 per month. These are all homes that once sold for 200k. If you buy six of these homes over the next 12 months, you would have $1728.0 of positve cash flow along with the fact that you will own these 6 homes free and clear in 10 years. I would be conservative and say that these homes would be worth 150k in 10 years. You would have 900k in equity and $6000.0 per month in net income.I think you could at least work part time with this income or even retire.

A sellers market in Sacramento CA

2009-10-22T13:38:00.000-07:00

I am sure that a person who hasnt kept up with the real estate market will be shocked that I am now declaring this a sellers market. The number of HOMES FOR SALE IN CITRUS HEIGHTS CA TO SACRAMENTO CA has droped even more in the last month. I just researched the zip code of 95621 and found out that there is only a two and a half months SUPPLY OF HOMES FOR SALE IN CITRUS HEIGHTS. I also researched the SACRAMENTO CA zip code of 95841 and found out that there is only a month and a half supply of homes for sale. It is a sellers market in the 200k and under price range because of the low supply of homes.
It is a perfect time now for the homeowner who has some equity and has a home in the 200k or under price range. A homeowner who now wants to move because they need a larger home or are moving out of the area then this is a perfect time to sell. They will probably get multiple offers on their home.They will have a large supply of homes to choose from in the higher price range. As an example, there is a nine month supply of HOMES FOR SALE IN GRANITE BAY CA. Granite Bay has larger and higher priced homes for sale. A person who buys now will get an incredible 20 or 30 year fixed mortgage rate thus helping there monthly payment to be even more affordalbe.
If you need to search for all the homes for sale from Rocklin to Sacramento, then please go to www.rocklinsacramento.com

The overall Sacramento real estate market

2009-10-19T14:24:00.000-07:00

SACRAMENTO CA area home sales decreased 4 percent in September compared to a month ago. But bargain priced homes and lower interest rates attracted homebuyers in recent weeks, with pending sales increasing 9 percent.
The available homes on the market in the SACRAMENTO CA area declined to 5276 in September, a 52 percent drop from a year ago and a 62 percent drop from the record high in August 2007. That is making it tough for home buyers but it is giving property owners hope that prices will increase.
The median price in SACRAMENTO COUNTY is at $180,000.0 in September. A 3.7 percent decline from August. That is still higher than the February median home price of 168,700.00
Many of the zip codes in the SACRAMENTO area for homes below the 200k price have just a three month supply of homes for sale. I can tell you that in the past week I have sent in four offers on newly listed homes and each home had multiple offers and someone else had bid higher than my offer.

Statistics on homes for sale in Rocklin CA

2009-10-17T15:27:00.000-07:00

I just gathered all the data for the HOMES FOR SALE IN ROCKLIN CA 95765 zip code. I counted 179 active listings in that zip code. There are 100 short sale listings and 79 listings. Out of the 79 listings there are only 5 bank owned listings. There have been 119 sold HOMES IN ROCKLIN CA the last 3 months. That is an average of 40 HOMES SOLD PER MONTH IN ROCKLIN CA. That tells me that there is a 4 1/2 month supply of HOMES FOR SALE IN ROCKLIN CA. That is about an average supply of homes on the market. If it was something like 9 months supply of home for sale ,that would tell me that market still has the potential for dropping in price. The average price per square foot of the sold homes was 143 per sq. foot. Last year at the same time the average price per sq ft was 165 per sq ft. If you are looking to BUY A HOME IN THE ROCKLIN CA area, I would say that you have a very good chance at buying your home at the bottom of the market. You can search all the homes for sale in Rocklin at www.rocklinsacramento.com

Our Real Estate Market

2009-10-14T12:00:00.000-07:00

The purpose of this blog is to keep track of the Rocklin, CA to Sacramento, CA real estate market. I will give my client updates on the amount of inventory in the area. I will also keep track of the number of bank owned and short sale listings. This will be very important so that you know which way home values might be going to. I will also kept clients updated on the current mortgage rates. I can tell you that the number of HOMES FOR SALE IN THE SACRAMENTO, CA area has dropped alot compared to one year ago today. It looks as if the banks are slowly releasing their inventory of homes they own. Every once in a while I will post
the deal of the week home for sale. This will be a home for sale at 30% to 50% off of appraised value.