Have you ever heard of “Supply & Demand“..? If you are on still the fence about buying an investment property in the Sacramento Region, I thought I’d update you with a forecast from Marcus and Millichap that they came out with. They’ve analysed several markets all over the country. You can read the artcle yourself […]
Bargain Prices Lure Homebuyers in February – Sacramento Business Journal:
Good News in The Hunt for a Home. Hey.. Looking for some good news…? Well here’s some. Take a look… I ran across this article regarding New Homes Sales in the region that was in the Sacramento Business Journal. Bargain prices lure homebuyers in February – Sacramento Business Journal:. Make it a great day. Ed […]
Sacramento Duplex Sales – Interesting Stats + I Have a Deal For You…!
Short Sales Slow Down Closings – Cash Is Still King I am noticing that the number of Duplex/Four-Plex investment properties that are now Active for sale or “Active Short Sale” is almost equal to the number of properties that show a status of Active Short Sale – Contingent (which means there’s a contract waiting for bank approval) […]
Trends In This Down Economy – What Folks Now Want in a Home
Outdoor Rooms, Playgrounds and Trails are high on the list like the one shown below in the Serrano area of El Dorado Hills. It seems folks are looking for ways to get more utility value from their homes because these things don’t cost a lot. There are other things the article spoke about, so for […]
Fixer Upper Bank Owned Duplex – Check Out The Video
Somebody was mad when they moved out of this one. Because it looked like the Tazmanian Devil had been in one side. I stopped by to see this duplex yesterday and made a video of both sides. This is a hot deal because when I arrived and got out of my car an investor was already walking about […]
Thinking of Walking Away From Your Mortgage ‘Cause Your Upside Down..?
If you are thinking of doing this… You’ve got company… See the latest from the Sacramento Bee’s Real Estate reporter Jim Wasserman. Home Front: Gain trumping pain of walking away from mortgage Comments anyone…? Make it a Great Day… Ed Favinger, Broker CRS, GRI favinger@rwnetwork.com 916-203-1260
January 2010 Duplex/Four-Plex – Closed Sales Report..!
Cash May Be King – But You Might Be Paying More I’ve put together the latest Closed Sales Report for the month of January 2010. As usual you’ll see there is a lot of cash floating around in the Sacramento County Duplex/Four-Plex Market. But… if you look at the statistics below the average List Price/Sales […]
New FHA Rules – Read em and weep…!
It seems they just don’t want to let the market recover… That’s my opinion. Click Here for the Update One of the big changes that will come into effect soon will be the limit on the amount of Closing Costs you can ask the Seller to pay. That means if you are a low cash […]
Nationwide Some Good News & Bad News & More Bad News… See Below
If you don’t get Yahoo News I thought I’d pass on a couple of articles Home sales rose in ’09 as prices plunged 12 pct. – Yahoo! Finance December home sales down nearly 17 percent – Yahoo! Finance My conclusion is that this market could be much better if the powers that be would just […]
Technology and Today’s Property Manager
It’s Amazing How Much We’ve Evolved isn’t it…? Because every day it seems I’m checking out the Fry’s and Best Buy ads in the paper. I’m amazed at the prices for digital cameras and video “camcorders”. I can’t believe how little they cost anymore. I purchased my first Sony Digital Camera back in 2000 for […]
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