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January 2008 - Posts

Thursday, January 31, 2008 11:45 AM

Leap Day is Coming

The earth rotates around the sun once every 365 and about 1/4 days. So, by adding an extra day every four years, we get mighty close to keeping the calendar consistent with the earth's annual trip around the sun. And to be very precise, the earth
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Wednesday, January 30, 2008 11:36 AM

Interest Rates and Loan Availability

In the past week I have had two posts about the recent Federal Reserve lowering key interest rates and have indicated this was good news for our struggling Sacramento real estate market. I received a comment on one of these posts asking why I was cheerleading
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Monday, January 28, 2008 12:13 PM

Will Lower Rates Spark Market Rebound?

From Realtor.org: Susanne Cannon, the director of the Real Estate Center at DePaul University, says that at a conference this month with other academics who specialize in housing, the consensus was that many buyers have been waiting on the sidelines until
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Saturday, January 26, 2008 10:05 AM

Rates Fall - Price Dropped - Broker Agent

Freddie Mac reports that interest on 30-year, fixed loans fell for the fourth straight week, landing at their lowest level in nearly four years. Rates averaged 5.48 percent for the week ended Jan. 24 -- down from 5.69 percent a week ago. This drop was
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Thursday, January 24, 2008 9:47 AM

Listen but don't panic

The National Association of Realtors has lost a great deal of credibility when it comes to making forecasts and maybe the beginning of this disturbing trend started back at the beginning of this downturn (August 2005) when their chief economist at the
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Wednesday, January 23, 2008 10:12 AM

Will buyers see their shadow?

Something must be happening out there in Sacramento real estate land. Yesterday I was working with buyers who are looking to upgrade their home in the Roseville area. Two of the homes the wife was interested in seeing had been on the market for a long
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Tuesday, January 22, 2008 11:05 AM

Getting Started After a Few Days Off

I am sure I am not the only one this morning struggling to get started after a long weekend. As you may know from my blog post yesterday, we spent the weekend in Southern California and enjoyed three wonderfully warm days in Hollywood and at Universal
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Tuesday, January 22, 2008 10:01 AM

Expensive Real Estate

Monday, January 21, 2008 (Martin Luther King Day) Southern California . We decided to take a few days and get out of town so picked Universal Studios in Southern California. Mikie was excited to see “Hollywood” and I thought it would be a
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Thursday, January 17, 2008 4:14 PM

Welcome Kara Green

I am particularly pleased to welcome Kara Green as MagnumOne Realty’s newest agent. Kara was born and raised here in the Sacramento area and after a number of years living in Canada moved back home. I was fortunate to represent Kara and her husband,
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Tuesday, January 15, 2008 3:04 PM

Waiting and watching

The real estate market here in Sacramento is quiet on the surface, there are not going to be enough transactions in 2008 to support the current population of agents, but is teaming with activity not being tracked. Many of the pundits who are predicting
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Friday, January 11, 2008 8:45 AM

Job Opening

We were sad to learn this week that my assistant, Megan Warn, will not be returning to her position when she recovers from the illness she has been fighting for the past several months. Megan did an outstanding job for us and we were hoping she would
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Friday, January 11, 2008 8:42 AM

Congratulations Kelly Baker

January 10, 2008 Congratulations to our MagnumOne Realtor Kelly Baker. Earlier this week she got her first solo listing. In this crazy Sacramento real estate market, as you might expect, the listing is a short sale. The good news is it is a great house
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Friday, January 11, 2008 8:40 AM

Just a few things...

Wednesday, January 9, 2008 Wow, we have things to report. Most important I’d like to welcome our newest Realtor to MagnumOne Realty, Kara Green. Kara is a brand new Realtor who we are very excited about. She has lived here in the Sacramento area
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Thursday, January 03, 2008 11:06 AM

Could be a good year!

This must be a new year, the holidays are gone and a large winter storm is moving toward Sacramento but I do have some very good news to share. First, I am delighted to announce that Robin Sweigart has joined our MagnumOne Realty team as an associate
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Wednesday, January 02, 2008 10:33 AM

Lazy Day - Busy Year

Yesterd ay was very lazy around the Jalone home was we watched the Rose Parade (wow is it good on HDTV!) a few football games and played Guitar Hero with Mikie. With the kids out of school until Monday I think I have a few quiet days to get things in
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