NextHome Premier Properties
  • Ed’s Blog
    • Ed’s Video Channel
  • InvestingReasons Why To Invest – Definition of Cash Flow Analysis – 1031 Exchanges
    • Definition of Terms – Cash Flow Analysis
    • Sacramento Duplexes & Sacramento Apartments for Sale
    • Ed’s Hot Picks
  • Property Management
    • Questions About Qualifying
  • About
  • Featured Homes For Sale & Rent
    • Folsom Home For Sale
    • Rentals
  • Get a Quick Home EvaluationHome Valuations
  • Sign Up for Automatic Home UpdatesYou get a list of homes to your computer
  • Search
  • Menu Menu
PreviousNext
12

NextHome Premier Properties

They Call Me Mr. Ed – The Best Darned Real Estate Blog Period…!

There’s Just Not Much Inventory These Days…!

April 24, 2012/1 Comment/in Foreclosure, Investment Real Estate, Property Management, Real Estate Sales, Short Sales /by edfavinger

I don’t care if you are looking for a Single Family Home, a Duplex or even a Small to Medium sized Apartment Complex.

I think it’s called a “feeding frenzy“.    Because, if you ask just about any active Real Estate Broker or Agent in this area, they will all tell you the same thing.  There’s really no inventory to speak of.   And by the way… This is “old” news to those of us in the business.

The Sacramento Bee is finally getting the memo… They came out with a story about investors just a couple of days ago.  Check out their report.

I’m actively working with several investors that have been looking for properties all up and down the ranges.   From a Custom Home in El Dorado Hills to Duplexes in Rancho Cordova.

Click here for a quick story regarding the Custom Home with the multiple offers on 820 Katie Way, El Dorado Hills.

One more little “anecdotal” story from my own experiences.

Yesterday, a Duplex at 6938-38 Tarocco Way hits the market in Citrus Heights.   Click here for the “pro-forma” cash flow analysis. Incredibly as I predicted,  to a couple of my clients, this place didn’t last long.   The agent wouldn’t tell me what its “pending price” is, but he did say they had 6 offers on it.   Not bad for just “one day” on the market.

By the way… take note on the “pro-forma” that I had the offer price at $200,000 because based upon their income it pencils out pretty nice.    We’ll have to wait and see what the final “sales” price is.

In the Mean Time…?

Make it a Great Day..!

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


Related articles
  • Another Bank Owned Property With Multiple Offers…! (theycallmemred.com)
  • March 2012 Sarasota Sales Hit a 7 Year High, Pending Sales Still Record High Also (longboatkeyflorida.wordpress.com)
  • Show Information – March 10 & 11, 2012 (gooddaysacramento.cbslocal.com)
Enhanced by Zemanta
Tags: 1031 Tax Deferred Exchanges, Bank Owned Four Plexes, Bank Owned Four Plexes Sacramento, Bank Owned Properties Sacramento, Bank Owned Sacramento Duplexes, BANK OWNED/REO, Cash flow, Duplexes, El Dorado Hills California, First Time Buyers, Fixer Upper Ideas, fixer uppers, Folsom California, Folsom Lake Homes For Sale, Foreclosure, Investment Real Estate, Property Management El Dorado Hills, Property Management Roseville, Property Management Sacramento, Rental Market, Rental Properties, Roseville Four Plexes, Sacramento Bank Owned Property Search, Sacramento Duplexes, Sacramento Homes for Sale, sacramento investment real estate, Short Sales Sacramento
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share by Mail
https://secureservercdn.net/198.71.233.227/jza.0ea.myftpupload.com/wp-content/uploads/2020/11/NextHome-TheCallMeMrEd.png 0 0 edfavinger https://secureservercdn.net/198.71.233.227/jza.0ea.myftpupload.com/wp-content/uploads/2020/11/NextHome-TheCallMeMrEd.png edfavinger2012-04-24 16:20:562012-04-24 16:20:56There’s Just Not Much Inventory These Days…!
1 reply

Trackbacks & Pingbacks

  1. harp refilharp 2.0lharp refinance says:
    April 30, 2012 at 11:23 pm

    harp refilharp 2.0lharp refinance…

    […]Realty World – Your Property Source » Blog Archive » There’s Just Not Much Inventory These Days…![…]…

Comments are closed.

Ed Favinger

Phone: 916-203-1260
NextHome Premier Properties
620 East Bidwell Street
Folsom, CA 95630
CalBRE # 00812744

Free Rental Survey for Investors

Reviews

Customer Testimonials
Powered by Reach150

Ed Favinger

Phone: 916-203-1260
NextHome Premier Properties
620 East Bidwell Street
Folsom, CA 95630
CalBRE # 00812744

Each NextHome Office Is Independently Owned and Operated. The information provided herein is supplied by several sources and is subject to change without notice. The owner of this website does not guarantee or is in any way responsible for its accuracy, and provides said information without warranties of any kind, either expressed or implied. Should you have any questions, concerns, or needs, please feel free to contact the owner by clicking on the about page.
Bank Owned Custom – American River Canyon North The Esplanade Condos – We’ve got an Amazing Property for Rent.....
Scroll to top