How many sales were there in Stockton over the past three years? The answer is 13,745, and we’ve graphed them below for your viewing pleasure. What stands out to you about the plotted green points? Do you notice any trends? This graph takes a view of the entire city of Stockton and is based on information in [...]
Our Blog
Enjoy some posts on market trends, the tax appeal process and resources.
13,745 Green Dots in Stockton
Sunday, January 17th, 2010Dissecting the Vacaville Real Estate Market
Saturday, January 16th, 2010I wanted to share some trend graphs with you as well as give a little insight into looking at and understanding market data properly. One of the first things I do to dissect market conditions is run a general search of all sales in the entire city or area where the subject property is located. In this case, I plotted sales [...]
A Market Rainbow in Benicia from 2005-2010
Friday, January 8th, 2010I thought it would be interesting to plot sales in the city of Benicia over the past five years to get a panoramic view of the ups and downs of the market. What do you see? I think the trend somewhat follows the pattern of a rainbow. The graph is based on single family detached sales recorded [...]
Rancho Murieta Real Estate Market Trends
Sunday, January 3rd, 2010Rancho Murieta is a CDP in Sacramento County off of Jackson Road and has somewhat of a secluded feel due to its location miles away from other suburban tracts. The community consists of two separate parts called Rancho Murieta North and Rancho Murieta South. Rancho Murieta is a retirement community to many, and is also attractive to many families. As of November 2009 [...]
Riding the Same Wave in Carmichael & Fair Oaks
Monday, December 28th, 2009I’m wrapping up an report tonight for an investor in Carmichael. While crunching numbers and running data, I decided to do a little comparison of sales in Carmichael and Fair Oaks. So I graphed all detached single family residential sales (from MLS) over the past three years and came up with the following trend graph. I only [...]
City of Fairfield Recent Sales and Pendings
Monday, December 21st, 2009Here is a quick trend graph for you of all sales in the city of Fairfield over the past 12 months (red dots) as well as all current pendings (blue dots). What do you notice? Does anything stand out to you? Can you decipher any citywide trends based on this scatter graph? By the way, the unemployment [...]
The Assessor’s Value vs. True Market Value
Monday, November 16th, 2009This is a graph I put together earlier today for a home owner as part of the total package for appealing his property taxes. All dots represent model match sales over the past three years in a specifically defined neighborhood in the Sacramento area. The Assessor’s Office bases their value for this year on January 1, 2009, which [...]
The Crashing of the Fourplex Market in Sacramento
Monday, November 16th, 2009I wrote previously about the “Bursting of the Duplex Market in Sacramento“, so I figured I’d also provide a graph of the fourplex market so we can see visually what has taken place over the past three years in Sacramento County. Yes, I know Sacramento County is a large territory representing many neighborhoods and sub-markets, but I [...]
The Up and Down Dynamic of Foreclosures and Short Sales in Sacramento County
Sunday, November 15th, 2009We hear so many voices in today’s real estate market talk about the foreclosure rate decreasing in the Sacramento Region. Is that true? Are there less REO (bank-owned) sales today than there were two or three years ago? Let’s look at some hard numbers below for Sacramento County. The information above is based on all residential sales listed in Sacramento Metrolist over [...]
Gold River Market Trends: Past 3 Years of Sales
Thursday, November 12th, 2009What’s been happening in the Gold River real estate market over the past several years? Gold River is a census designated place located just east of Rancho Cordova, south of the American River, and north of Highway 50. This HOA community has 25 separate villages and a combination of detached and attached housing – all single [...]
The Bursting of the Duplex Market in Sacramento
Tuesday, November 10th, 2009Do you remember several years ago in the Sacramento area when duplexes were selling for $400,000-$500,000+ like it was nothing? Well, the housing bubble burst and the residential-income market came crashing down along with everything else. The graph below displays all sales in Sacramento County for duplex properties. I know, Sacramento County is an enormous territory, [...]
What is the relationship between home values and unemployment? A look at Rancho Cordova
Thursday, October 8th, 2009I thought it would be interesting to take a look at Rancho Cordova sales over the past several years and simulataneously check out unemployment rates during that same time period. Is there a relationship between unemployment and the value of real estate? Generally speaking, the higher the unemployment rate, there is a good chance of lower home prices [...]
When is the deadline for appealing property taxes? (watch our video)
Tuesday, September 1st, 2009Here is 40-second video we put together that shows all the specific dates for property tax appeal deadlines for counties we serve. The ten local counties we provide service for in the Greater Sacramento Region have an appeal deadline of either September 15 or November 30. See the video HERE or watch below. NOTE: If the Assessor [...]
Reminder: When is the deadline for appealing property taxes in various counties? (Sacramento, Placer, Yolo, El Dorado, San Joaquin, Stanislaus, Merced, Sutter, Yuba, Solano)
Monday, August 31st, 2009The deadline for appealing property taxes in the following counties in the Greater Sacramento Region will be here very soon (especially in Placer County). Please have a look at the information below and let us know if you have any questions. We are available to help home owners understand the property tax assessment and appeals [...]
Real Estate Market Trends: Past 36 Months of Sales in Folsom, El Dorado Hills, Rancho Cordova & Citrus Heights (August 2006 – August 2009)
Friday, August 28th, 2009I put together a series of city-wide graphs to show the past three years of home sales within Folsom, El Dorado Hills, Rancho Cordova & Citrus Heights. It’s always interesting to me to take a look at a market-wide graphs to try and make sense of what property values have done over a specified time period. [...]
