Sacramento Real Estate by Julie Jalone
Keep it Real in Sacramento - March 2007
|
|
|
|
|
|
|
|
Sacramento Real Estate by Julie Jalone Keep it Real in Sacramento - March 2007
|
|
||
|
|
|
|
||
|
|
|
|
|
|
|
|||||
|
|
||||
|
|||||
|
|||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||
|
|
|
|
|
|
|
|
Julie's Social Networking - Round 2 · Flickr Photos: Julie’s Real Estate Photos and Michel’s Photos · Squidoo: Julie’s Lens (This one is fun and when I have more time would like to play with it more) · Real Estate Voices:
Search for Julie Jalone (This is a site where you can post news and other stories) · MyBlogLog: JulieJ BlogLog - This is a site where bloggers can find each other -
they have some fun widgets but I have found “real estate blogging” is not very popular. For traffic I should blog about the life, sex partners and death of Anna Nicole Smith. You have to be a member to use it but it is free so give it a try, you will find some great blogs. I have a few others I’ll save for another
post. If you visit any of the sites above, please leave me a message. If you have others you think we would enjoy, I would love to hear about them. The web is a very interesting place and continues to grow and maintain our interest.
Julie in the news Over the next few days I’ll
list some of the other websites we are using and thinking about using.
Sacramento Real Estate
Where will it go?
Over at Sacramento Real Estate Statistics the author is a bit more pessimistic or optimistic depending on
how you want to Sacramento real estate market to perform. He had this to say: Looks like the spring selling season has officially
begun, and it's off to a fast start. Late March 2007 inventory is higher than mid-May 2006 levels. Both Agent Bubble and I
predict inventory could top 20,000 listings this summer. (At this rate of increase, we will hit that number by late June or
early July. One week doesn’t make a trend, however.) Please note that although both of the sites above
report on inventory levels, each use different data sources and geographic areas to develop their numbers so they are not
directly comparable.
My occasional rant... Overall it has been a good week and I suspect with the nice weather holding a bit longer we will see some buyers
out this weekend. We have a serious buyer up in Yuba City who we are hoping will
make an offer on the MyForSaleSign subject property. In addition
we had another showing so the place is starting to get some action. The latest
update for my reality real estate series is here.
Big Squeeze Happy
first day of Spring!
Spring Blooms The
great weather of the past few weeks had brought the buyers out. Houses are being
shown, open houses are getting traffic and offers are being made. Now we need
to see some of these contracts close!
The Kitchen and more If
you have never been to The Kitchen, put it on your list of things to do. Although
they occasionally have cancelations it is always best to make your plans to go several months in advance. Last night Noah was the Master Chef and did a wonderful job of making every quest feel welcome and special. The food and presentation was wonderful. If
you go with four of less people I love sitting at the bar where you can see and be part of all the action. Seems
like many restaurants these days are picking simple dishes and doing them spectacularly well.
A steak at Ruth Chris’s is a good example, it tastes great but we can all have a steak at home. At the Kitchen, the sheer number of ingredients they use in each dish creates a complexity of flavors you
don’t get every day. Last night my favorite was the first course, a spectacular
asparagus soup. Here is how they described it, “A Bisque of Young Asparagus
with ‘Biscuits, Gravy and Bacon’, Honey-Blood Orange Glazed Pork, Goat Butter and Salt Cured Octopus” The octopus
was actually made into bacon, crisp, crunch and an explosion of taste! Check
out their website, The Kitchen, for the complete menu, a description of their offerings and for reservations. The
Kitchen is expensive but it is a true culinary event and with the demonstration kitchen format it is a full evening of entertainment
and fun. Besides you won’t need to eat the next day or at least, like me,
only want a cheese sandwich after all the wonderful rich food of last night. Check
out my latest real estate news article, “The train to Equityville.” You
can see it here on our website or in my column today at Rocklin & Roseville Today. I also have some happenings on my reality real estate series, MyForSaleSign
Lyon and Trendgraphix News Speaking of Trendgraphix their latest press release, “Are Increased Pendings a Sign of a Better Market?”
has some insights on what is happening in the Sacramento real estate market. It
also includes the activity levels for real estate in Sacramento during the month of February.
To read the full press release, click here
On the Run I
found or Michael found a new toy this morning, Twitter. It is a one blog where
you can only post very short entries and it designed to keep your friends informed of where or what you are doing. It looks like fun so; if you have a few minutes check my page, JulieJ or Michael’s. I also added one of their widgets here so my quick posts can be seen. Add me as a friend, my page looks lonely!
I have been having some fun this past week helping a client negotiate a purchase
of a home that is owned by the “bank.” In this particular situation
the banks agent has asked us to negotiate verbally with him. When I give him
our offer he evidently plugs it into a protected web page. Someone at the bank
reviews the offer and then, as it has been all week, makes a counter. It is quick,
with at least two of our counters responded to within hours. We got their latest
counter on Friday and responded with another offer later in the day. I thought
we might hear back from them before end of business but that did not happen so I suspect it will be Monday before we have
the answer or counter. If we are able to reach an agreement the contract will
be created and all parties will sign, at least that is the plan! Inventory in the greater Sacramento area, according to HousingTracker, is
up 3.6 percent in the past month but in the latest week, ending March 5 they show a decline of 170 available homes and the
median asking price still at $400,000. Last year we saw inventory from this time
grow to over 18,000 homes on the market. I do anticipate inventory to increase
as we move into the spring selling season but do not believe we will see the same level of growth as we did last year. This year we appear to have more buyers.
Yes, it is Friday and the end of a long week for
many but Saturdays and Sundays are not always days of rest for me. This weekend
I am holding an open house for Randi and Tony in Yuba City and if you are in the area, please stop by and say hello. For more information on the open house and directions, click here. Looks like my Washington DC family are going to
be moving to California soon. The great house we found for them in the Folsom area is moving along through the escrow period
and with some final negotiations with the seller done we should be closing next week. My listing in North Highlands closed last
week and I have to admit it was a pleasure working on that transaction. My “seller”
lived in the house for more than 50-years and raised a family there. Today another
young family is there starting their journey and although they may not live in the home as long, you can tell they love the
place as much as the original owner and are so excited to have their own home. The
money from the sale will support my client in here new retirement surroundings. Sometimes
being in this business has it very satisfying moments.
In some other news we have a winner of our Disco Night drawing for a brand new 2GB iPod Nano. For those of you who receive my hard copy newsletter you know we occasionally have a drawing or contest
for a nice prize. This time we opened it up the parents of Mikie’s elementary
school as part of their annual auction fundraiser. The winner is Shelly Boxx,
one of the volunteers who worked so hard to make the auction a success. Congratulations
Shelly and a big thank you to all of you who entered. Keep an eye on my newsletter for the next contest and prize.
Okay, lots to do today after
a busy weekend so I should get to it
For those of you
following my reality real estate series, My For Sale Sign, I posted my third article,
“Hanging in There” which is exactly what my sellers, Randi and Tony are doing as they wait for the buyer we want to find.
Copyright © 2002-2006 Lyon Real Estate and its agents are licensed by the Department of Real Estate, State of Logo copyright © Lyon Real Estate ALL RIGHTS RESERVED Helping you buy and sell real estate in: |
|
|
|||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||
|
|||||||||||||||||||||||||||||||
|
|
|
|
|
|||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||
