In 2003, my dad gifted me a copy of Robert Kiyosaki’s “Rich Dad, Poor Dad” and it taught me that exchanging my time for money in the grocery business as an employee wasn’t going to get me to where I wanted to go in life.
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Buying a home is a significant investment and a crucial decision for anyone. One of the best ways to make the most out of your home buying experience is to attend open houses. Open houses are a great opportunity to see the property in person, get a feel for the neighborhood, and ask any questions you may have. However, to get the most out of an open house, it's important to know what to look for and what questions to ask. In this blog post, we'll share some tips for home buyers on how to make the most out of viewing a property at an open house.
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In all, I am starting the year off with 11 written goals. Five are work related, six are personal related. Once accomplished, I will be looking back at a fulfilling 2023 that resulted in a happier, healthier, and more accomplished me. What about you, do you enjoy setting written goals for yourself? If so and you’re up to it, message me what some of yours are for the year to come. I’d love to hear from you!
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In addition to the more attractive pricing seen in the condo market, there also is more of a balance at the negotiating table between buyers and sellers than currently exists in the single family home market. Price and balance are two strong influences that should prove this prediction to be accurate.
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For the first time in recent memory, our local real estate market did not experience a slow down over the winter. The limited inventory of available homes ensured that prices continued to climb and days on the market remained brief.
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Taking a look at Sacramento County, the current median price for a detached single family home during the past six months is $440,000. The median statistics for our generic Sacramento County property is 3 bedrooms, 2 full bathrooms, and a little more than 1,600 square feet of living space with a decent sized yard (0.16 acres). Rental rates in Sacramento will vary depending on where the property is located within the county. For general purposes, I estimate rent to be $1.25 per square foot of living space and in this example, a 1,600 square foot home would generate $2,000 a month in rent.
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Will that trend continue into 2021? Most forecasts predict that it will. You may have seen a lot of shares on Facebook of the Realtor.com article predicting that Sacramento will be the hottest market in the nation through 2021.
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