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October 2008 - Posts

Sacramento homes can still sell fast!

I have noticed a difference in the Sacramento real estate market. I understand it is late October and things normally slow down about now and homes for sale in Sacramento as well as homes for sale in Roseville and other communities start to stay on the

Bar Stool Economics

I couldn’t resist sharing this long but illuminating story this morning. It was one of those things that had been forwarded about a 100 times so I had to clean it up a bit but I think it is intact and worth the time to read. Suppose that every day,
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Not that Simple

I came across this brief article this morning and thought it was worth sharing: Reworking Troubled Mortgages Isn't That Simple In order to rework troubled mortgage, the government may have to do more than persuade lenders and investors that workouts
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There are fewer homes for sale in Sacramento

With September sales volume of up in all counties in the Sacramento region from last year and for most counties up even from August we are finally seeing a decline in homes for sale. Check out my weekly column, “ Six Months of Increasing Homes Sales
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Potential Loan Woes in Sacramento

I received word this morning that some lenders are not providing pricing on FHA Plus which are loans in excess of $368,231 and conforming Plus which are conforming loans above $417,000. Remember these were temporary limits with an end date of December
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New Listing near Sierra College

I just listed a great home in Rocklin’s Reflections at Sierra College which has 3 bedrooms, 2.5 baths and almost 1,600 square feet of living space. If you are looking for a home and not a lot of yard work this is the house for you. With a small
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Good News for Sacramento Real Estate

We have finally slipped below 14,000 homes for sale in Sacramento. According to HousingTracker there were 13,958 homes on the market as of October 13. This is the first time since March of 2007 since we have been this low. It is still higher than it should
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Staying Busy with Roseville Real Estate

It very nice to see a break in the warm weather and even to get a bit of rain but I am happy to see we will be getting some nice warm days this week as we move deeper into October. Over at MagnumOne Realty we had a strong past week with some new listings
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Bailout and the Sacramento real estate market

After the failed vote on the financial rescue plan on Monday the Senate takes the spotlight today and is likely to pass a slightly revised plan to provide liquidity back to the credit markets. I predict an embarrassed House of Representatives will place
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