Real Estate Blog

As a Real Estate professional I get asked this question daily. I have my ideas and opinions and quite frankly they change as the "market" changes. But the one constant for me has been this: Any given property is worth what someone is willing to pay.

If you are trying to sell a property in today’s market put yourself in the shoes of a buyer. Ask yourself this question:


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The average sales price of homes in Yuba City CA for the month of Sep 09 to the month of Nov 09 was $165,000. This shows an increase of 3.1%, or $5,000, from the previous quarter. There was a decline of 6.8% compared to the year 2008. Sales prices have depreciated at a drastic rate of 38.2% during last five years in Yuba City.

It was found that the average list price for a Yuba City home...

If you are an investor looking to invest on a foreclosed property, then you may also want to consider whether to buy the Real Estate Owned property or the pre- foreclosed property that is still owned by the borrower. You may feel that investing on an REO property is a fairer deal as you will be assured with the title to the property and the insurance. Also you will have a security of the old owner...

A depression in the economy can cause many home owners to throw up their arms and sell their homes in order to get rid of financial difficulties. But does that mean they can give away their property to a lender only because they cannot afford it anymore! Also those in financial crisis cannot treat their homes as easy to dispose consumer goods. I agree that a real estate investment can also be term...

Your dream of owning a home in Elk Grove will no longer be a dream. With many loan programs for the first time investors on the Elk Grove homes for sale and all necessary information present on the internet, you can easily buy your dream home. With the right information and money in hand, your investment becomes easy. But it is essential that you handle your finances correctly. Here are a few step...

Investing in real estate has been a booming business from many years. With many homes for sale in Elk Grove, you are sure to find homes that will suit your necessities and finances. Irrespective of the purpose of investment you want to make, you will need a plan. Especially when you are investing on a home with the intension of living in it, the planning must be effective and complete before you b...

Recession has had its impact on real estate too. The real estate market is now struggling in many areas of the country. The real estate agents and brokers have realized the importance of being a financial planner in accord to being a sales person. Traditional approaches to the current market do not have its stand in the global real estate market. With real estate transactions going online, agents ...

Investment in real estate is said to be the safest form of investment any individual can make. Having found your dream home with the help of a real estate agent, you are all set to buy it. But wait! Are you warned about the risks involved in investing in real estate investment? Here are a few points that you need to before making your bid on the property.

Getting a ‘real’ real estate agen...

The golden city of Sacramento, California, is has a vibrant past. The recent government program, 2-1-1 Sacramento, provides the citizens with information about all the government services available to them. 2-1-1 Sacramento addresses various community services including housing, education, medicine, employment, finance, schools, children and women health and food programs and many more.

T...

Ask the Experts: Do your homework on reverse mortgages

Our three new "Ask the Experts" writers have been busily answering financial questions this month from online readers.

Here’s a sample of their advice on personal finance, wills/estates and investing.

To see more questions or to get advice from our other financial experts on taxes, banking and investment clubs,...

Real Estate - A Great Long Term Investment

GreatWest GMAC Real Estate professionals know real estate is a good long-term investment. Although home values have stalled or experienced decline in recent years, longer snapshots in time have proved real estate to be a fantastic investment.

Let’s consider one scenario provided by a real estate professional. If someone were fortunate e...

As a Real Estate professional I get asked this question daily. I have my ideas and opinions and quite frankly they change as the "market" changes. But the one constant for me has been this: Any given property is worth what someone is willing to pay.

If you are trying to sell a property in today’s market put yourself in the shoes of a buyer. Would you pay what you are asking?
If...

Construction: New land deals seen

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2080102.html?storylink=pd

The real estate market isn’t cured yet, but several indicators suggest that it is beginning that long, slow and greatly anticipated climb out of intensive care.

If so – and if the patterns continue – the market here ...

Real Estate Sales

Posted: Friday, Jul 24, 2009 - 05:11:08 pm PDT

http://www.cdapress.com/articles/2009/07/24/real_estate/1-real-estate-sales.txt


Email this story Printer friendly version By Press staff and
The Associated Press
Jeff Chiu/Associated Press In this July 21 photo, a home for sale is shown in San Francisco. A real estate group’s report sai...

California foreclosure deals are bittersweet for novice investors

Buzz up!By Nicole Williams
nwilliams@sacbee.com

http://www.sacbee.com/ourregion/story/2038862.html


Many Californians saw their dreams go up in smoke when the housing market burned up as a result of heavy job losses, bankruptcies and balloon mortgage payments, but others are rising from the ashes...

Small banks start feeling financial stress

By Charles Piller
cpiller@sacbee.com


http://www.sacbee.com/topstories/story/2000836.html

At first, the Sacramento region’s small, business-oriented community banks appeared to have sidestepped the plight of banking titans that staggered under the burden of home mortgage defaults. Now some are showing signs of st...

It isn’t unusual for GreatWest GMAC Real Estate professionals to be approached by home buyers interested in procuring a “fixer-upper” home. Certainly in our current market with many bank-owned homes available, finding such a property shouldn’t be difficult.

However, there are certain things to be considered prior to purchasing that can help safeguard any investment of money, time and eff...

Home Front: First-time buyers reap reward of median price in Sacramento County

Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/1863568.html

For all the pain and trouble associated with this housing bust, one thing is clear: It’s getting better and better for first-time buyers.

And few places beat Sacramento, according to a ne...

Bold business owners get in position early for economic upswing

ShareThisBy Dale Kasler
dkasler@sacbee.com

Published: Sunday, Apr. 19, 2009 - 12:00 am | Page 13A
http://www.sacbee.com/business/story/1791340.html

From retailing to real estate and beyond, some businesses are starting to gear up for the next economic growth cycle.

In the face of an epic ...

No bids at foreclosure auctions for Cal Neva Tahoe

ShareThisBy Dale Kasler
dkasler@sacbee.com

Published: Wednesday, Apr. 8, 2009 - 4:06 pm
Last Modified: Wednesday, Apr. 8, 2009 - 4:32 pm
Unable to find a buyer for the ailing Lake Tahoe casino once owned by Frank Sinatra, the resort’s reluctant owner said it will keep the place open anyway.

The Cal N...

With Easter swiftly approaching, perhaps it is a good time to remind that it isn’t always a good idea to put all one’s eggs in the same basket - Whether it’s real eggs; or investment and financial eggs.

The expression "Don’t put all your eggs in one basket" generally means not risking the loss of everything by placing all your financial investments or future goals ...

With Easter swiftly approaching, perhaps it is a good time to remind that it isn’t always a good idea to put all one’s eggs in the same basket - Whether it’s real eggs; or investment and financial eggs.

The expression "Don’t put all your eggs in one basket" generally means not risking the loss of everything by placing all your financial investments or future goals ...

ACCORDING TO RISMEDIA:
RISMEDIA, April 4, 2009-The Federal Housing Administration (FHA) is a primary source of mortgage financing for millions of America’s families and plays a key role in helping bring stability to the housing market. This is the message that the National Association of Realtors® (NAR) recently delivered to the Senate Appropriations Subcommittee. “Without FHA financing, famil...

ACCORDING TO RISMEDIA:
RISMEDIA, April 4, 2009-The Federal Housing Administration (FHA) is a primary source of mortgage financing for millions of America’s families and plays a key role in helping bring stability to the housing market. This is the message that the National Association of Realtors® (NAR) recently delivered to the Senate Appropriations Subcommittee. “Without FHA financing, famil...

2008 Cost vs. Value Report: Still Many Happy Returns for Home Rehabs

Remodeling magazine’s annual report shows that maintenance-related projects and moderately priced upgrades are providing stable paybacks, even in a slower market.
By G.M. Filisko | December 2008
Despite home price drops in many cities, remodeling projects are holding their own as a way for owners to add va...

Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.

Only about half of all real estate agents are REALTORS® -- the top half, in ...

Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.

Only about half of all real estate agents are REALTORS® -- the top half, in ...

Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.

Only about half of all real estate agents are REALTORS® -- the top half, in ...

With St. Patrick’s Day today, we are reminded of the traditions, that journey from the Emerald Isle. There are the leprechauns, the shamrocks, and of course the Luck of the Irish.

What I wonder is could the Luck of the Irish be more attributed to an ability to foresee trends. For example, in 2004 and 2005, real estate appeared to be on a never-ending cycle of viewing the pot at t...

Now more than ever before, Sellers are asking GreatWest GMAC Real Estate professionals, “How can I sell my home for the BEST PRICE, in the SHORTEST AMOUNT OF TIME, with the MOST FAVORABLE TERMS?”

It is imperative that the home be PRICED RIGHT. . .from the start!
There are many things that affect the value of a home, and in today’s market it’s even more important to be sure...

Now more than ever before, Sellers are asking GreatWest GMAC Real Estate professionals, “How can I sell my home for the BEST PRICE, in the SHORTEST AMOUNT OF TIME, with the MOST FAVORABLE TERMS?”

It is imperative that the home be PRICED RIGHT. . .from the start!
There are many things that affect the value of a home, and in today’s market it’s even more important to be sure...

Not long ago, a GreatWest Real Estate professional lamented, that after being in the business of selling homes to folks for a couple of decades, something was beginning to happen. The agent was noticing more and more of those “kids” they had sold homes to in the early 1980’s were ringing them up and asking, “What’s up with Reverse Mortgages???”

Of course, those “kids” in the early 1980s,...

When you are thinking about selling real estate, there are a few key issues to consider before making a decision on the company to list your property with for sale.
1. How does the company rate with its past clients?
2. What value package the company and agent bring to you?
3. Is there a written marketing plan?
4. Is there a written analysis?
5. Is there a written guarantee of ...

When you are thinking about selling real estate, there are a few key issues to consider before making a decision on the company to list your property with for sale.
1. How does the company rate with its past clients?
2. What value package the company and agent bring to you?
3. Is there a written marketing plan?
4. Is there a written analysis?
5. Is there a written guarantee of ...

by Eric Bramlett
Purchasing real estate with the intent of turning it into an apartment or a house for rent can be an excellent financial decision. When you buy a property with the intent of renting it, however, there are several factors you should take into consideration in order to guarantee the best chance of successfully finding a tenant and making money from your investment.

A...

Swanepoel speaks out

RISMEDIA, August 13, 2007–The public media this past week headlined the apparent surprise “mortgage meltdown” as many reported the filing for bankruptcy protection by the nation’s 10th-largest residential financer; American Home Mortgage Investment Corp., Melville, New York. Real estate, contradictory to its glamorous profile a year or two ago, was again headlined but...

As independent contractors, security and retirement issues requires extra planning and effort.

The benefits and value of the GMAC Real Estate Investm...