On this episode we talk about why we have not posted a podcast for some time and give a quick market update.
On this episode we give a quick market update and we get a chance to interview one of our new agents to Worley Real Estate. Meet Michale Peralta!
We are still in a strong sellers market!
May 2017 is a Seller's market! The number of for sale listings was down 19.4% from one year earlier and up 12.5% from the previous month.
The number of sold listings decreased 8.3% year over year and increased 2.2% month over month. The number of under contract listings was up4.4% compared to the previous month and up 4.5% compared to the previous year. The Months of Inventory based on Closed Sales is 1.1, down8.1% from the previous year.
The Average Sold Price per Square Footage was up 2.4% compared to the previous month and up 9.1% compared to last year. The Median Sold Price decreased by 0.6% from last month. The Average Sold Price also increased by 2% from last month. Based on the 6 month trend, the Average Sold Price trend is "Appreciating" and the Median Sold Price trend is "Neutral".
The Average Days on Market showed a downward trend, a decrease of 12% compared to the previous year. The ratio of Sold Price vs. Original List Price is 100%, an increase of 1% compared to the previous year.
On this episode, we have a conversation with hard money lender Craig Cox from Greenbriar Holdings and Matt Von Bergen with Dignified Home Loans. Craig gives us a high level overview of hard money loans and walks us through the process. When then have a conversation with Matt Von Bergen about why he is passionate about VA loans and how he can help our vets realize their dream of home ownership.
If you have questions about hard money loans you can reach Craig Cox by phone at 916-505-5663 or email him at firstname.lastname@example.org.
For information about VA loans and to talk to a guy that is very passonate about helping vets, call Matt Von Bergen at 916-337-1242 or email him at email@example.com.
On this episode we talk about appraisal contingency removal on submitted buyers offer. Is this a good idea or not? Can be used as a tactic to get your offer won. Buyers beware it's not for all people! Also, David King joins us to congratulate one of our clients for wining a $100 Gift Card and who ended up STONED on 420.
Episode 36 - Pre-qualified vs. Pre-approved. On this episode we go into greater detail as to why it's important to be fully approved for a home loan vs. only pre-qualified. We also discuss our last softballs games. Enjoy!
Renting vs. Home Ownership | We had a listener ask the question if renting makes more sense financially vs. owning a home and paying a monthly mortgage? This sparked the conversation for this weeks podcast. Enjoy!
Episode 34 - Mortgage Rates Update with Nick Street from Mountain West Financial | We have a quick chat with Nick about current state of the mortgage rates and how the markets are responding to the economy.
Episode 33 - Market Update & Change of Podcast Format. This episode we talk about the current state of the market and discuss the recent Facebook programs that we launched. We are changing the format a bit and just want to have an open discussion each week to talk about personal and buisness items.
Episode 32 - Sacramento PATRIOT Program | As Seen on Facebook | Buyer Credit Discounts | Lender Discounts | Home Inpection Discounts | All Active Duty and Retired Vets | SacramentoVAprogram.com | PATRIOT Advantage | Two Jakes Talk Real Estate | Jake Guerin | Jake Worley
Episode 31 - Sacramento PSD Program | As Seen on Facebook | Buyer Credit Discounts | Lender Discounts | Home Inpection Discounts | All Public Service Workers | SacramentoPSDprogram.com | PSD Advantage | Two Jakes Talk Real Estate | Jake Guerin | Jake Worley