Posts tagged Sacramento CA
The Benefits of Working with Me as Your Coldwell Banker Realty Agent

If you're planning to sell your home, you're likely looking for a reliable and experienced real estate agent to help guide you through the process. Coldwell Banker Realty is a well-known and respected name in the industry, with a reputation for professionalism, expertise, and excellent customer service. I take pride in being a Coldwell Banker agent, and in my blog post today, I explore the strengths and benefits of listing a house for sale with me as your Coldwell Banker Realty real estate agent. Helping my clients through a successful real estate journey is how I love to spend my time. So, if you have been thinking about making a move, send me a message, and let's chat about it!

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Checking on the Sacramento Real Estate Market as a Buy and Hold Investor

This is promising news to me and I’m excited by the opportunities that the current market is presenting real estate buyers and investors. Over the next weeks I’ll be working on my goals for 2023, and I think adding at least one new rental in the Sacramento area over the next 12 months will be one of those goals. Feel free to reach out to me with any questions or interests you have as they relate to real estate.

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I Revisit our Hypothetical Rental From 2021

The hypothetical rental I was considering at the time was a three-bedroom, two full bathroom home with 1,600 square feet of living space on a 0.16-acre sized lot in an average neighborhood. The median price for a detached single-family home in February of 2021 was $440,000. Rent rates were estimated at $1.25 per square foot, which put our generic home at $2,000 per month.

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Sacramento Shines for First Homes and Forever Homes

I decided to write about Kelman’s outlook because I agree with a lot of what he had to say. What he described on the national stage is what I’m seeing here locally in Sacramento. The incredibly low interest rates, which as of this morning were at 2.5% for conventional and 2.25% for FHA, make right now a really good time to buy your first home or your forever home. The incredibly low rates also make it a really good time to invest in 2-4 unit residential income properties. But the stiff competition in the market for single family homes has caused me to personally take a step back from buying / investing in those as rentals.

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