yellow pages news jobs events calendar movie times RSS News Feeds
Rocklin and Roseville Today Celebrating 11 Years
   |   Current Temp: 74.0 F (23.3 C)

Optimistic Local Housing Market





We are clearly seeing optimism in the local real estate market.  Although one the hardest hit areas in the housing and foreclosure crisis, the Sacramento area housing market is seeing better days and buyers and sellers are feeling it. 

Faced with tight inventories of homes for sale, buyers are realizing they may have to bend a little in order to get the home they want What I am seeing, is buyers are willing to pay more for a home compared to last summer and they are more flexible on the features they must have. This combined with more homes coming on the market is making my job as an agent easier and more fun.

With upward pressure on home prices and low interest rates, buyers and sellers are much more upbeat about the Sacramento housing market.

According to a recent survey by the California Association of Realtors, 69 percent of sellers purchased another home after selling, up from 47 percent in 2012 and 12 percent in 2011.  According to the survey the top reason for selling in 2013 was a desire to trade up. In 2012, the top reason for selling was due to financial difficulties.

Sellers are having an easier time selling their homes. 

According to the CAR survey most sellers are reporting they received more than one offer on their home and 45 percent of those surveyed said they had above asking price offers.  CAR President Kevin Brown summed up the survey by saying, "Much-improved housing market conditions in the last year have given sellers more confidence to own a home rather than to rent one." 

If you want to know if this is a good time to buy or sell, please let me know.  I would love to answer your questions about the Sacramento and Roseville housing market.  I can be reached at the MagnumOne Realty office in Roseville (916-899-6571) or by email to juliej@jalone.com.

Print

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

Lake Tahoe Marathon Returns September 14thArguably the most beautiful marathon in the world, the Lake Tahoe Marathon returns to Lake Tahoe on Sunday September 14, 2014. Since its inception in 1995, the Lake Tahoe Marathon has evolved into a premier running event

3 Month Old Dies in Sacramento, Parents JailedAshleigh Smith and the 19-year-old father, Terry Scott, were interviewed, they were both booked that night into the Sacramento County Jail on felony child abuse/neglect charges.

Dropping Gas Prices Lift Summer DriversLocal gas prices continue to drop and bring relief to drivers across California and the nation.

Inter-Faith Task Force Seeks New MembersThe Roseville Police Department is hosting an Inter-Faith Task Force comprised of congregational leaders and security teams for churches and other

Lake Tahoe Basin Community Plan Environmental ReviewWith the release of the Notice of Preparation (NOP) for the Environmental Impact Statement/Report, the ongoing update to the complex Tahoe Basin Community Plan continues to make progress

Preventive Autism Treatment Focus of Research AwardsResearch could affect nearly one in every four cases of autism among children in the U.S.

Simple Changes Helping California Small Businesses and EntrepreneursIt's not easy doing business in California. In order to be successful, business owners must overcome many challenges, one of which is dealing with California's complicated tax system

Hyundai scores with Santa Fe SUVsOne of Hyundai's more impressive vehicles is the 2014 Santa Fe, a sport utility vehicle that has three rows and seats seven. It replaced the 2012 Veracruz in the Hyundai lineup.

Adoption Involving Fetal Alcohol SyndromeLaura Bloch adored his picture. "My husband and I had just been approved through an adoption agency and the agency sent out a letter with a picture of a child on it,"

Placer County Wines Honored with 52 AwardsPlacer County Wine Trail wines have delighted judges' taste buds again at this year's California State Fair Commercial Wine Competition.

Border Crisis and Illegal Immigration in the United StatesCongressman McClintock recently delivered the following remarks on the House floor regarding the United States Border Crisis.

Influences of Cognitive Abilities in Old Age StudyEarly life experiences, such as childhood socioeconomic status and literacy, may have greater influence on the risk of cognitive impairment late in life than such demographic characteristics


more news