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'Local Real Estate Info' Category

Granite Bay Luxury Homes

Great Bargains in Granite Bay

GraniteBay1 The foreclosure crisis, precipitated by the rough economic times, has hit the higher end home market and, in the year to come, we will see more foreclosures in the upper end homes.

This being the case, it’s a great time to buy a luxury home in our area.  Prices have come down dramatically and what GraniteBay4used to be priced at $1.5 mil is now priced slightly above or below $1.0 mil.

With fewer buyers in the market for these homes and the resulting longer days on market, even seller’s with equity are willing now, more than in recent years, to be a bit flexible on what they will take to get their homes sold.

I’ve created aGraniteBay3 list of homes for sale in Granite Bay, our local luxury  community, $500,000 and above.

For your convenience, this list will automatically update when new homes come on the market in Granite Bay so you never have to hunt for another resource to find the exact home you’re looking for.  Just bookmark the page in your browser and it’ll be there when you’re ready to begin browsing through homes.GraniteBay5

If you don’t see a home you’re looking for, just give me an email or call and I’ll be happy to do  the legwork it takes to find out if the home you’re interested in is on the market or not.

If you’re looking for a home in the beautiful community, just fill in the form below and the list will be automatically emailed to you.

Happy Holidays to you and thank you for visiting.

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Sacramento Homes for Sale Continues Decline

Inventory at Low Levels

active_listings_-_sacramento,_el_dorado_and_placer_counties With as many homes that have been foreclosed on, you’d think there would be more homes to choose from in the Sacramento real estate market.

Well, this isn’t the case.

The banks have been holding the homes they have foreclosed on from coming on the market, driving the available homes for sale to levels not seen in many years while the sales prices continue to increase for homes in the lower price ranges.

As of this morning, there are only 5610 single family homes for sale in the Sacramento, El Dorado and Placer county region.

That is not a lot of homes to choose from.

Where Has All The Housing Gone?

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First Time Home Buyer Tax Credit

Ends November 30 – The Clock Is Ticking!

first-time-home-buyer-tax-credit Buying your first home can be very stressful!  While getting an $8000 tax credit can make it easier, there is still a lot of stress involved.

Getting the credit, though, is very easy to do and I thought I’d outline the steps involved so there is at least one less thing to worry about. Here is what you need to do to get the credit:

1) Close escrow on your new home by Novemeber 30, 2009.

2) Make sure you’re qualified for the tax credit under IRS guidelines.

3) Decide which year to file.  Amend 2008 or file it with your 2009 return.

When To Apply

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Buying a Home in Sacramento

What to Expect – Preparation is Half the Battle

buy-a-home-in-sacramento So you’ve gotten your offer accepted, YEAH, and now it’s time to enter escrow, complete your due diligence, get closed and on your way to home ownership or renting out your investment home.

While it may have seemed that getting your offer accepted was the hard part, your escrow will not go as you had planned or hoped it would.  Expect this.  There will be hiccups during the course of your “transaction” that will have you scratching your head and thinking “is this really worth it?”  While that’s a question only you can answer, you’ve got to keep in mind that the home buying environment out there is vastly different that it has been in the past.  It doesn’t matter how many homes you’ve bought and sold, every one of them is different with varying bumps in the road that will need to be navigated.

That is the reason you want to work with an experienced Realtor who has seen a vast majority of these issues come and go.  We bring reason to a very emotional situation.  While it may not be what you want to hear when you’re seriously angry about the situation at hand, it will help keep you focused on the goal and moving ahead instead of moving backward.

A Few Examples

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5 Sure-Fire Tips To Get Your Home Sold

Quickly and For More $!

These days, believe it or not, in the Rocklin & Roseville real estate markets, some people are having trouble getting their homes sold.  Most of the foreclosure properties have multiple offers and although the inventory of homes for sale seems to be increasing there are still seller’s out there whose homes have been sitting on the market for 100 days waiting for a single offer to come in.

What’s the problem?  Why is it these beautiful homes aren’t selling as fast as the foreclosures?  As a seller, it can be frustrating trying to figure out what’s going on in this market when you’re sure your home is the best on in the neighborhood for sale, you’ve got to get where you’re going and you’re home is NOT moving.

Here are 5 tips to help you get your home sold quickly and for market price or more:

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Roseville Homes Sales Report – 5/12 to 5/19

This Week In Roseville Home Sales

The Roseville real estate market isn’t burning down any sales records this week but it’s nice to see steady sales activity.  As of this writing, there are 341 homes available for sale in Roseville.  22 homes closed escrow last week.

Roseville has 3 different zip codes with very different home characteristics.  Most of the sales activity has been in the 95747 zip code.

Here are the sales stats for the Roseville real estate market:

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“REO? Foreclosure? They’re The Same, Right?”

Well, No They Aren’t!

As I’ve said before, I get many real estate related questions every week from people who are trying to sacramento-foreclosure-reo1sort out this market.  Admittedly, it’s a very complex thing.  Some markets are harder than others especially when you’re dealing with financial institutions.

Just a few short years ago, no one was worried about foreclosure, short sales, declining values or losing their incomes.  The market was good, property was appreciating and everything looked very rosy.  As Paul Harvey used to say,  “now you (we) know the REST of the story”.

Things will get better, they always do.  It’s the natural ebb and flow of life.  I hope it happens sooner than later.

What’s a Foreclosure?

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