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Market Hold Up!

While home prices are increasing in the Sacramento area housing market, many homeowners continue to wait for prices to go up further before they are willing to list their homes.  As a result our inventory levels are being constrained.  Combined with our high demand for homes, we are seeing a shortage of available for sale listings.

Homes still not worth what the mortgage balance is causing potential sellers to wait before listing, hoping prices will go up before selling their homes.  Negative equity can often delay home owners from selling because they need the down payment from their current home to purchase another or if they have been significantly underwater on the mortgage to value ratio, they don't want to have to bring a check to the closing table. 

With these reluctant homeowners we are seeing a trend of keeping their existing home as rentals and buying without selling. 

Right now we are experiencing a very strong seller's market but many homeowners are not aware and still think it is like last year and difficult to sell.  When I talk to potential sellers they are surprised to learn how easy it is to sell right now, especially in the under $400,000 price range.   

If you or someone you know is thinking about selling their home and want more information, give me a call at the MagnumOne Realty office in Roseville or send me an email to

Julie Jalone, wife and mother living in Rocklin, is an experienced professional Realtor ® serving
the Greater Sacramento area including Placer, El Dorado, Yolo and Yuba counties.

Julie may be reached online at or by calling (916) 276-6883
Check out her daily web blog: Keep it Real in Sacramento

Placer County News Headlines

Roseville Flash Crime Report (11.25.15)Roseville, CA- Crime flash report for Roseville, November 25, 2015.

Water Savings Fall Short AgainRoseville, CA. - Customers in San Juan Water District's retail service area reduced their October water use by 26 percent, which is 10 percent less

Chapa-De Indian Health Website for PatientsAUBURN, CA - Chapa-De Indian Health is proud to announce the launch of its newly updated website will also allow patients to learn about the comprehensive healthcare services

Blindness EtiquetteRoseville, CA - If you are meeting a person who is blind or visually impaired for the first time, do you offer your hand for him to shake?

Toyota RAV4 remains reliable compact SUVRoseville, CA- There is obviously a lot to like regarding the RAV4, starting with a sticker price that ranges from $23,680 to $29,850.

Roseville, Rocklin May Get Jobs Boost from Sunset Area PlanRoseville, CA - Currently known as the Sunset Industrial area west of Highway 65 and surrounded by the cities of Roseville, Rocklin and Lincoln.

Loretta Claiborne: RevisitedRoseville, CA - Last week, I began telling you about Loretta Claiborne, an African American who was born poor, partially blind, and with an intellectual disability.

Placer County Water Agency Adopts 2016 BudgetAUBURN, Calif. - At its November 19 meeting, the Placer County Water Agency (PCWA) Board of Directors adopted the Agency's 2016 budget

Rocklin Crime Report Update: DUI Arrests JumpRocklin, CA - Rocklin police weekly crime report digest update summary for the period of November 9- 15, 2015.

Roseville and Rocklin Among Beneficiaries of Clean Energy ProjectsRoseville, CA - The Placer County Board of Supervisors received a program update on mPOWER which has funded more than $35 million in clean energy projects

Cali Bowl in Roseville November 27-29Roseville, CA- The 8th Annual California Bowl comes to Roseville on Nov. 27-29 at the Woodcreek High School football stadium

Roseville to Hold Green Gardening at Home SeriesRoseville, CA - Starting this January, the Roseville Utility Exploration Center, 1501 Pleasant Grove Blvd. at Mahany Park

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