Yellow Pages |   News Updates |   Local Jobs |   Events Calendar |   Movie Times | Recycling
Rocklin and Roseville Today Support Local
contact add event advertise 

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.





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

Placer County Transit to Takeover Lincoln Bus ServicePlacer County Transit is scheduled to take over operations of the City of Lincoln's fixed-route bus service beginning July 1.

Roseville Crime Report Digest Update (2.26.15)The Roseville weekly crime report digest update for February 26, 2015.

Roseville Celebrity Chili Cook-Off March 20th2015 Roseville Celebrity Chili Cook-Off will be held on Friday, March 20, from 6:30 p.m. to 8:30 p.m. at the Maidu Community Center in Roseville

50 Days of the Dead: BerthaGrateful Dead play an acclaimed show across from the Big Apple in Jersey City, NJ. This version of Bertha captured on August 6, 1974

Ecological Benefits of Large, Intense Wildland FiresAs the California drought continues, with the severity deemed extreme or exceptional, we are all bracing for an early and intense fire season

Gas Prices: Get Ready for IncreaseThe transition from 'winter blend' to 'summer blend' gasoline always brings increases in retail gasoline prices, but nothing you've seen over the past year is likely to match

Free Catalytic Converter Etching in RocklinA free catalytic converter etching event on Saturday, March 7, 2015, at the Sierra College Auto Club

$1.6 Million Energy Efficiency Retrofit Contract SigningFolsom Lake Ford expects to save big on a $1.6 million energy efficiency retrofit and solar project made available through the City of Folsom's green energy financing program

Roseville Police Capture Murder Suspect Following Oakmont LockdownThe lockdown at Oakmont High School has now been lifted.

Patrons Club Invites Public on March 2The Patrons Club, a volunteer arm of the Sierra College Foundation, invites the public and those interested in becoming members of the organization

Roseville Jogger Fights Off Attacker on TrailsWoman attacked on Roseville trails. At 5:20 a.m. this morning a woman was attacked as she ran on the walking/biking trail near Summerhill Park, in the Highland Reserve

Eat Pancakes, Help Sick Children on March 2On Monday, March 2, pancake lovers can eat their fill of short-stack pancakes and make a donation to support sick and injured children at UC Davis Children's Hospital


NEWS: In Case You Missed It