I’m wrapping up a short sale appraisal in Plumas Lake (for a Realtor) and wanted to share a graph of all sales over the past three years (2008-2011). What do you see? Read More
The Archives
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Taking a swim in Plumas Lake real estate
Wednesday, February 23rd, 2011What do building permits tell us about the economy in Sacramento?
Wednesday, February 9th, 2011We hear so often about how new construction has basically stopped in the Sacramento area. Instead of just listening to a blanket statement though Read More
Comparing real estate in the 95670 and 95742 zip codes in Rancho Cordova
Tuesday, February 1st, 2011It’s easy to view all sales in a given city on one graph, but what happens when we begin to unpack data a bit and look at specific areas or zip codes? Read More
What’s going on in the Rancho Cordova real estate market?
Friday, January 14th, 2011What’s been happening in the Rancho Cordova real estate market? I’d like to give you a glance below at the overall tend over the past few years as well as some current data tidbits too. Read More
A tour of the Citrus Heights real estate market over the past several years
Thursday, January 13th, 2011What’s been happening in the Citrus Heights real estate market? I wanted to give you a glimpse below at some market-wide data to help give some insight. Read More
How far has the Sacramento real estate market declined since the “bubble” burst?
Monday, December 6th, 2010Home owners often wonder how far the real estate market in the Sacramento area has declined since the housing “bubble” burst several years ago. Read More
Three years of sales in the Rosemont Area of Sacramento
Wednesday, December 1st, 2010I’m doing some market research right now in the Rosemont area of Sacramento. As an FYI, I thought locals might like to see all Rosemont sales graphed Read More
Natomas property in Sacramento was overtaxed by $80,000
Thursday, November 18th, 2010This is an example of why we run a property tax appeal consulting business. A property owner in Natomas contacted us this week because her home was assessed just above $500,000. Read More
Neighborhood Boundaries, Real Estate & Tahoe Park in Sacramento
Wednesday, June 9th, 2010Are you in or out? It could make a huge difference in property value (and property taxes) whether you live in a certain neighborhood or not. Read More
A look at REOs & Short Sales: Is the Sacramento real estate market getting healthier?
Wednesday, May 26th, 2010How is the Sacramento real estate market doing? Is it getting better or worse? Are there more bank-owned sales right now than in recent years? Read More
Market Trends for the “Anatolia” area of Rancho Cordova: What do you see?
Wednesday, May 5th, 2010Here are a couple of trend graphs below for the 95742 zip code of Rancho Cordova. This area is comprised mostly of “Anatolia”, but also consists of a development called “Sunridge”, which is not part of the Anatolia HOA.
You be the appraiser here. What do you see in the trend graphs below when looking at the past years of sales? Is there anything you notice to be different or similar when comparing the two graphs? Do you think the Sacramento County Assessor has kept in touch with declining property values in the Anatolia neighborhood of Rancho Cordova? If you are a home owner, please speak on.
Past three years of sales:
Past one year of sales:
Graph of Sales in 95828 Zip Code of Sacramento
Friday, March 26th, 2010I thought this might interest anyone living or considering purchasing in the 95828 zip code of Sacramento. What do you see? What stands out to you about this trend graph? All sales are based on information provided in Sacramento MLS (single family detached sales only).
Looking Back on a Sacramento Fourplex
Wednesday, March 17th, 2010
Looking at the sales history of a property can be very telling. In fact, you can often get clues into the happenings of the real estate market. Here is an interesting sales history for a Sacramento fourplex I came across in the course of a current assignment I’m working on. This is not at all atypical because the market for residential-income properties really boomed in Sacramento (and then it fell hard too).
7/25/2000 – $110,000 sale
7/16/2002 – $278,000 sale
8/18/2004 – $435,000 sale
2/10/2005 – $459,000 sale
9/08/2008 – $377,500 sale (maybe a short sale – did not list in MLS)
5/01/2009 – $104,250 (transfer to bank – foreclosure)
7/13/2009 – $140,000 sale
What do you see? Does anything stand out to you? Let me know if you have any questions about the local real estate market or your neighborhoood. With the decline of property values in the Sacramento Region, it makes it very important to keep make sure that the Assessor reconciles their assessed value to a consistent level of true market value (it’s not always the same – at all).
13,745 Green Dots in Stockton
Sunday, January 17th, 2010How 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. Read More
Dissecting 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.
