4% Interest Rates ... Are You Freakin' Kidding Me?

Doug Reynolds, a Sacramento Area Realtor, discusses the history of interest rates in America and shows how the current interest rates in 2012 are at record lows for home buyers.  The unheard of interest rates of 3.5% and 4% combined with the bottom of the market for prices are creating the best time to ever buy real estate in Sacramento, the beginning of 2012.

What is your interest rate at?  Did you ever purchase a home with a mortgage above 12%?

clear skies,

Doug Reynolds

 

www.BHGshortsales.com

2005 vs. 2012, What Buyers Are Using To Purchase Homes In Sacramento

Doug Reynolds, a Sacramento Area Realtor, takes a look at how buyers are purchasing homes in 2012 compared to 2005.  In 2005, conventional financing dominated the market, now there is a balance between cash, FHA and conventional purchases.  Take a look at the astonishing chart in the video to see how the market has evolved over the past 7 years.  Some very shocking numbers when you look at it.  What do you think?  What type of financing did you use for your purchase?

clear skies,

Doug Reynolds

 

www.BHGshortsales.com

College Greens / Glenbrook Sales in January 2012 (Sacramento, Ca)

There were 11 homes sold in College Greens / Glenbrook for the month of January , 2012.  That is a slight decrease from the 16 sold in  December .  Here are the addresses and specific information.

 

Currently there are: 17 Active listings, 7 Active short sale listings, 12 Contingent Short Sales  and 18 Pending Sales

If you would like more information (pictures, listing history, what type of sales they were, etc.) feel free to call or email and I’d be happy to provide that for you.  Call or email me if you are looking to buy or sell in the 95826 zip code.  Check back each month for the updated statistics, as I keep a close eye on the 95826 zip code, where I live and own rental property.  Let me know if there are any particular properties you have questions about. 

clear skies,
Doug Reynolds
 
www.BHGshortsales.com