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Parenting and watching real estate unfold in Placer County
Being a parent is a bit like being a private investigator. When problems come up, I often get different stories from my kids or neighborhood kids about who said or did what. It’s then my job to listen...
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The real estate train is slowing down in Sacramento
Slow. Flat. Price sensitive. Competitive if priced correctly. These are words that describe the Sacramento real estate market. Some consumers may not be in tune with this reality because last they...
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The slower season of Fall, price reductions, and seeing Sacramento’s market
A few years back my doctor prescribed the drug prednisone. Have you ever taken it? I hope not. It’s a hardcore steroid that I needed at the time to address some stomach issues. While this drug worked...
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The market continues to cool in Sacramento
The market is cooling, and that’s normal to see at this time of year. Yet beyond the expected chill of the season, the market as a whole is still clearly slowing down to become a buyer’s market. Let’s...
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The slowish real estate market in January
January is usually a slow real estate month. That’s nothing shocking. Yet it’s always interesting to see how the market begins to maybe get a sense for where it might go during the year. Today let’s...
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A normalish start in 2015 for Sacramento’s regional market (and Placer County)
How did the real estate year begin in Placer County? What about the entire regional market in Sacramento? Let’s take a good look today so we can better understand how things are moving and how to...
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Why comparing the right numbers matters so much in real estate
You can make numbers say whatever you want in real estate. Sometimes this happens on purpose, but other times it’s an accident. That’s why it’s so important to know how to make the right comparisons....
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Aggressive demand but modest value appreciation in Sacramento
Is it just me, or has the market felt a bit funky? On one hand demand has felt very aggressive, but actual value appreciation has been fairly modest overall. Let’s take a look at the latest trends in...
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Big demand and the force of FHA in Sacramento’s housing market
Big demand. Big FHA. Let’s talk the latest housing trends in Sacramento. If you’re local, my goal is to give you 10 quick talking points to share with clients. If you’re not local, what are you seeing...
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The slowing, competitive, & price-sensitive market in Sacramento
Slowing down. Competitive. Price sensitive. Still more aggressive than last year. These are all ways I would describe today’s housing market in Sacramento. Let’s unpack the latest trends today to...
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Paying attention to the mood of the market
The other day a home owner was upset because he thought his appraisal came in too low. Yes, he was hung up on price per sq ft, which was a big issue, but most of all he believed the home should have...
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That awkward moment when the market changes
Have you ever met someone who looked really good on the outside, but the inside was a different story? That’s sort of like the housing market right now. Sales stats look super attractive, but if we...
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Stepping on the real estate scale (at the right time of day)
Values are starting to decline. The market is sliding. Price reductions are increasing. This is exactly what we start to hear around August as the market has transitioned from spring to summer. But is...
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Making the numbers say what we want (and a Sacramento market update)
We can make numbers say whatever we want. We see this all the time in the media, politics, and even in real estate. Sometimes it’s a matter of intentionally fudging the numbers, but other times we...
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Picky buyers, the housing crash, and a Sacramento market update
How did the previous housing crash affect buyers? In other words, how are buyers different today because of what they went through years ago? Without writing a dissertation, let’s consider a few...
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Sagging stats and increasing values (and a market update)
January stats are down, but the market feels up. That’s normal at this time of year, but it can be confusing. Let’s focus on three things to keep in mind about the beginning of the year in real estate,...
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Insane value increases (not really) and Facebook real estate trends
The market has been showing insane value increases. Well, on paper it looks that way, but in reality that’s not what we’re seeing right now. Let’s take a deep look at the market today and also consider...
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Addicted to low rates, sending 2x4s, and a market update
The market feels addicted to low interest rates. So what’s going to happen when rates rise? Let’s travel back to the late 70s for some insight and consider a few thoughts. Then I have a huge local...
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It’ll never sell that high (but then it did)
There’s no way it’s going to sell that high. Have you ever thought that in real estate? Well, let’s talk about a property that many said would never sell at $4.1M, but then it did. I definitely have...
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How would you know if the market was starting to tank?
Is the market starting to tank? Or is it just a seasonal slowing? I’m getting asked this question all the time, so I wanted to share some thoughts. Then I have a big local market update for anyone...
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