Since a minimum credit score is required for most loan programs, the first thing a lender will do is check to see if your score measures up – this is known as a “credit inquiry.” There are two primary types …
Trend or Fad? Knowing the Difference Could Save You Money
When updating your home (especially to put on the market), It’s a good idea to incorporate current trends into your renovations. There’s a fine line between trends and fads however, and the difference can affect your buyer pool. Fads are …
Calling in the pros on HVAC repair
If you’re a homeowner, the internet can be a great source of comfort when it comes to tackling do-it-yourself maintenance. Yes, Google can show you the simple steps to replace a furnace filter, but most other HVAC repairs are not …
What’s the skinny on jumbo loans?
Let’s talk about conforming loans vs. jumbo loans in the mortgage world. The Guidelines Each year in October, the Federal Housing Finance Agency, or FHFA, collects data on the national median home value and compares that number to October of …
6 Focal Points for Home Sellers: A Little Spit and Polish Goes a Long Way
So, you’re thinking about selling your home? Homeowners entering the real estate market are motivated to sell for a variety of reasons. In any case the number one question asked by a home seller? “How much is my home worth?” …
Mortgage rates moving higher?
Prospective Sacramento area home buyers and current home owners looking to refinance should be considerably more concerned about where mortgage rates are going, since mortgage rates spiked this week after a brief reprieve last week. The move higher seems to …
January home sales down & inventory up
The volume of home sales in January 2015 decreased 29.4%, from 1,313 homes sold in December 2014 to 927 homes sold in January. The 927 Sacramento area homes that were sold in January is also down 5.2% from the 978 …
Sacramento home sales volume & price remain flat in October
If you’re considering buying or selling a home in the Sacramento area, it’s helpful to understand the area’s most recent real estate market data. For the month of October, the active listing inventory of homes for sale in Sacramento and …
Sacramento July sales increase 5.7% over June
If you are considering buying or selling a home in the Sacramento area, you might be interested in the most recent sales data for Sacramento County and the City of West Sacramento. For the month of July, home sales in …
Sacramento home inventory rises
Recently released June home sales data for the Sacramento region reveals a 2% reduction in home sales compared to home sales in May. For the month of June, there were 1,465 sales, compared to 1,495 sales in May. Year-over-year sales …