by Doug Reynolds | Sep 17, 2013 | No Category, September 2013
Sacramento Real Estate Update September 2013 ó In August 2013, the median price increased to $254,000. That is 37.4% higher than one year ago! ó 25.4% of the purchases in the month were ALL CASH. That number is starting to quickly decrease. Since prices have...
by Doug Reynolds | Sep 10, 2013 | No Category, September 2013
Here’s a good news article from the Boston Herald. Basically if you have recently been foreclosed on or did a short sale, you will now be able to get a mortgage to buy another house much sooner. As soon as one year!! For home short-sellers, finally comes some...
by Doug Reynolds | Sep 9, 2013 | No Category, September 2013
Here’s a recent arcticle from Rismedia talking about homeowners that are now gaining equity and no longer underwater due to the appreciation in home prices over the past year. In Sacramento, we’ have seen the median sales price rise from $160,000 in...
by Doug Reynolds | Aug 28, 2013 | August 2013, No Category
Check out this Beautiful new listing i just put on the market!! Beautiful condo in the wonderful community of Riva on the River. Featuring an open floor plan with 2 large bedrooms, 2 full baths, indoor laundry, desk/office area & a large tandem garage with extra...
by Doug Reynolds | Aug 23, 2013 | August 2013, No Category
Doug Reynolds, a Sacramento Area Realtor, discusses supply and demand. During the worst times of the bubble burst in Sacramento, the inventory was up to 14.2 months in 2007. Due to the extremely high supply and low demand the prices dropped 35% in 2008 alone. On...