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 …
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 …
Upper end of the market offers buyers more choices
If you are like most residential home buyers looking at homes for sale in the Sacramento area, you may be frustrated with the relatively low number of homes for sale. If you are looking at homes under $500,000, or in …
Sacramento home sellers, curb appeal matters
If you are considering selling your Sacramento area home, the curb appeal of your home is something to be very mindful of prior to putting up the For Sale sign. Does your home’s exterior create “love at first sight” or …
Home loans insured by the FHA or VA may be assumed by purchasers
If you are a Sacramento homeowner and your mortgage happens to be insured by the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA), your existing home loan is assumable and may give you a distinct advantage over …
A few rules for home buyers
Whether you are buying your first home, moving up to your dream home, or downsizing your home and your life after the kids have gone, it is important to have some rules in order to be successful buying a home. …