Sacramento & Folsom Real Estate are Hot..!!!

But so are a lot of other places in California…!

Maybe it’s just got to be the great weather right…?

Take a look at this…CaliforniaHomeSales

 

 

So if you’re thinking of buying a Single Family Home or any other kind of Residential Investment Real Estate like a Duplex, a Four-Plex or a small apartment complex, give is a call today.

And don’t forget, we also do Property Management as well.

In the mean time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE    favinger@rwnetwork.com   916-203-1260

 

Thinking of Buying a Rental Property – Good News Here About Rising Rents

It’s a “Landlord’s Market”…!

Bisnow.com has the Sacramento Area at #2 Fasting Risings Rents.

Now, if you haven’t heard this before in other media & news outlets such as the Sacramento Business Journal article they wrote a few days ago or maybe you’ve not seen this article from a few months back about rental rates in the country in general,  you might think this is something going that is new.  Well, its not new to us.

Folks, anytime you see something in the mainstream media such as the news paper or TV regarding anything to do with real estate, trust me, it’s old news.

That’s because anyone in real estate who is involved in Investment Real Estate or Property Management will tell you it’s old news and has been for a while.

Let me give you an idea of what it’s like out there now.   In Folsom, where our office is and also where I live… I tell people all the time about the rental market this way.  “If you are a Renter, you almost have to know somebody inside to find a decent rental to get into.

So bottom line is if you are thinking of buying a Duplex, Four-Plex, an Apartment complex or even a single family home or condo, you’ll be able to rent it today for top dollar.

We specialize in the Sales and Management of Residential Income Property so let us show you how to make the most $$$ out of your investment.

In the mean time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE       favinger@rwnetwork.com  916-203-1260

 

Foreign Investors Still Love California Real Estate

Here’s a story about a company that wants to scratch their itch.

I ran across this article that I thought I’d share.   Not a long read, but it’s an announcement about an “online” real estate investment management company moving into the Southern California market.Los-Angeles-highway

Real Estate has been overall a “safe haven” for many investors.

I’m sure you’ll be seeing stories soon about the growth in the area especially regards the South of 50 area of Folsom.

 

CLICK HERE FOR THE ARTICLE.

 

In the Mean Time..?

Make it a Great Day…!

Ed Favinger, Broker CRS, GRI, SFR, CDPE      favinger@rwnetwork.com    915-203-1260

 

 

A Duplex Just On the Market and Another Multiple Offer Situation…!

This one got 7 offers in less than a week…!

We placed the Duplex at 7983-7985 Marsala Court on the market in the middle of last week and as of today we have had 7 offers and the phone is still ringing.

IMG_0597

 

This is the 3rd Duplex I’ve placed on the market within the last 30 days.   One of the threads that has been consistent in these situations is that these Duplexes all had a decent enough income to give a cash and had Pride of Ownership to go with it.

For a copy of the cash flow figures of this Duplex Click Here.

The Sellers  just accepted an all cash offer that was well over the list price and we’re now moving forward with the “due diligence” period and we’ll see what develops on the way to the closing.

If you are thinking of buying a Duplex or a Four Plex in the Sacramento Region or you are thinking of Selling, give me a call.

There are still great deals out there if you are a buyer and if you are tired of being a landlord, now might be the time to think about Selling.

 

In the Mean Time…?

Make it a Great Day….!

Ed Favinger, Broker, CRS, GRI, SFR CDPE   

The Sacramento Region is going to be really hot soon…!

There’s so much going here and around us.

All you to do is read some of the business sections of various newspapers and trade magazines to know, there’s a lot of money out there looking for a home.

PandoraCase in point…?

I just got this article out of Bisnow.com and thought I’d share it because it just goes to illustrate what is happening in the San Francisco Bay Area which means there will be a “ripple” effect here in our area.

If you read the local media here you already know about the new Downtown Arena for the Sacramento Kings and developments around it.

Here’s an article in the Sacramento Bee from a couple of days ago about a Folsom venture capital firm and some of the successes here.

So if you are thinking of buying a home in Folsom, El Dorado Hills or other areas in the Sacramento Region, you just might want to get out there soon, before the prices start going up a little faster.  Business is picking here and elsewhere.

To make my point some more about Folsom….?  Here’s a typical article from just one other real estate agent here in town.  I could find more comments like this but I think you get the idea.

That’s my opinion.

In the mean time…?

Make it a Great Day…!

Ed Favinger, Broker CRS, GRI, SFR, CDPE    916-203-1260    favinger@rwnetwork.com