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June 2008 - Posts

Wednesday, June 25, 2008 11:43 AM

Real Estate Market Update

I have been feeling the softness in the Sacramento real estate market for the past few weeks. My first indication things were slowing down is when I had to put one of my short sale listings back on the market after the buyer backed out just as the lender
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Tuesday, June 24, 2008 12:46 PM

Wife Swap

I have watched this show in the past and always think, where do they get these people, I would never do that! Well that was before yesterday when I got an email from the show’s producer asking me to consider being on the show. Evidently they are
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Thursday, June 19, 2008 10:32 AM

Sacramento Home Sales are up

If you read the headline in the Sacramento Bee this morning, “ Home Sales up for 2 nd month ” it might give you a feeling that our real estate market is doing pretty well after almost three years of slumping. Don’t get me wrong, I am
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Monday, June 16, 2008 11:03 AM

Monday - Monday

Where did Father’s Day weekend go? At our house it seemed so go by very quickly and here we are starting another busy week. I may be starting to feel the pressure of getting ready to go on vacation but it seems the Sacramento real estate market
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Wednesday, June 11, 2008 11:16 AM

Short Sale Headaches

Many lenders have dedicated staff to deal with short sales and some appear to have developed a process that works for them. Where the problem occurs is the volume of requests for short sales. It overwhelms the negotiators and others who deal with borrowers
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Tuesday, June 10, 2008 12:54 PM

Sacramento Housing Inventory is Down

The trend is clear; we are not going to be seeing the normal buildup of inventory of homes in the Sacramento real estate market this year. Normally starting in late February or early March the number of homes coming on the market is faster than sales
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Thursday, June 05, 2008 11:21 AM

Bank Workouts at Record Levels

Approximately 183,000 at-risk homeowners were provided loan workouts in April, 23,000 more than in March, according to a new report from HOPE NOW, a private sector alliance of mortgage servicers, counselors, and investors working to prevent home foreclosures
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Thursday, June 05, 2008 9:40 AM

More on Short Sales

It is clear the Sacramento real estate market is going to continue to see short sales and foreclosures for the foreseeable future. For many months the mainstream media focused on foreclosures and bank owned property and didn’t pay much attention
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Tuesday, June 03, 2008 1:03 PM

How to find a good lender

With the mortgage industry going through change and consolidation it is vital for home buyers to have a “good” lender working for them. In my latest Rocklin & Roseville Today and Sacramento Today columns, “ Home Buyer Key to Success:
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