We Need Jobs In The Sacramento Region – Looks Like More Could Be on The Way…?

Check out this report regarding large office space..!

When I’ve been approached by people curious about the Real Estate market in Folsom, El Dorado Hills and the rest of the Greater Sacramento Region and what they think the future is…. well,  the answer has always been…”depends on the job market”.

If you don’t have good paying jobs, you’re not going to have a flourishing market of homes, apartments and other types of Real Estate.   There’s a nice array of jobs along the “50 corridor” from El Dorado Hills, Folsom and Rancho Cordova… from Hi-tech start ups, Intel and the Rocket Ship factory over at Areojet.   We need more private sector jobs to keep the momentum growing.

While I know the market in Single Family homes and Apartments has been good of late, there’s some mixed news about Office space.   This does affect housing.

Take a look at this article I got from the Sacarmento Business Journal today.

Sacramento office market tight for big users

Let me know what you think.

 

In the Mean Time…?

Make it a Great Day..!

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

 

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Have We Reached the Bottom and Starting the Crawl Back Up…?

This Article From Today’s Sacramento Bee – Just More Evidence It Has…

Sacramento area home sellers again walking away with cash

By Hudson Sangree and Phillip Reese

hsangree@sacbee.com

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A Question about Vacancy Rates in 95826

Asked on Trulia Q & A by an Investor curious about this.

I think the answer I gave regarding this question is appropriate for most zip codes in the Sacramento Region.   There are exceptions of course.

Click here for the Answer I and others had to say.

 

In the mean time…?

 

Make it a Great Day…!

 

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

 

 

 

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Another Bank Owned Property With Multiple Offers…!

VIEWS… VIEWS…  VIEWS…

I held this home located at 820 Katie Way, El Dorado Hills open on Sunday, April 1st.   And you know…  It turned out to be one of those crisp & cool early Spring days with some light swirly winds.    Visibility was incredible I think because of the rains the day and evening before.

In other words… The day had a lot of energy and the Buyers were “out kicking tires” so to speak.   I thought I’d just share a short video that I took from the upstairs Bonus Room Deck.  From this point you could see Folsom Lake and the Skyline of Sacramento.   The video is not HD but I think you’ll get an idea of how nice a day and the view was from this place.

By the way… so far there are about 5 or 6 offers on it.    I’ll keep you posted.


In the Mean Time…?

Make it a Great Day…!


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

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Renting out a Home In El Dorado Hills… Who Pays Which Utilities..?

Here’s the question asked by a buyer on Trulia.com     “If I buy and rent out a home (with a pool) in EDH who pays which utitlies – espcially the water bill? Are there any laws regarding this?”

Who pays for utilities has become more of an issue these days in our Property Management business.   There was a question asked by a prospective investor in the El Dorado Hills market as to who pays them.

If you would like to see what the answers that I and other professionals gave this investor, CLICK HERE…!

Make it a great day…

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

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