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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 juliej@jalone.com.

Now on FB, thanks for the love!



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 www.jalone.com or by calling (916) 276-6883
Check out her daily web blog: Keep it Real in Sacramento


Placer County News Headlines

Molly Ringwald at Rocklin's Quarry Park September 17thRocklin, Calif. - Golden Globe nominated actress and jazz musician Molly Ringwald descends into Rocklin's Quarry Park Amphitheater on Saturday, September 17

Roseville to Host Barbara Boxer FarewellRoseville, CA - The Placer County Democratic Party in partnership with the Nevada County Democratic Party and El Dorado County Democratic Party will be hosting a Fond Farewell

Roseville Skatetown to Host International Curling BonspielRoseville, CA - The Crush Bonspiel, which began in 2006, is back this Labor Day Weekend at Roseville's Skatetown Ice Arena after taking a one year hiatus.

County renews $10 Million Emergency Services ContractThe county board of supervisors OK'd a $10.6 million contract for fiscal year 2016-17. The contract will provide fire and emergency service for about 52,000 residents.

Roseville Flash Crime Report (8.24.16)The Roseville Police Department's latest activity and crime log digest update covering the period of August 12-21, 2016.

Sierra College Patrons Invite Public to MeetingRocklin, CA-- The Sierra College Patrons, a support group of the Sierra College Foundation, invites the public and those interested in becoming members of the organization

California Fires Update Summary (8.24.16)Over 10,000 firefighters are battling 8 large wildfires in California. Two new large fires were reported yesterday in Tulare and Alpine counties on National Forest land.

Napa's Uptown Theatre: On LocationNapa, CA- Band of Horses trekked into Napa's Uptown Theatre last night for a stop along their "Why Are You Ok Tour".

California Fires Update Summary (8.23.16)Last week firefighters across California battled nearly 250 new wildfires containing most to a small acreage. Since the beginning of the year there have been over 4,900 wildfires that have burned over 417,000 acres.

Nevada City Hosts Festive Celebration September 10-11NEVADA CITY, Calif. - The 50th Annual Nevada City Constitution Day Parade tops a full weekend of family fun Sept. 10-11 in this colorful Gold Rush town.

Humboldt Pilot Program to Track and Trace CannabisWith the state of California on the verge of approving the recreational use of marijuana in November, at least one company is ahead of the curve

Sierra College Supports Former Foster YouthRocklin, CA - As the school year begins, Sierra College is taking an extra step to ensure that one group of students gets off to a good start.


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