Email Elizabeth
JaCi Wallace
Chairmans Club, A RE/MAX Award For Top Sacramento Realtor Team
Chairmans Club is a RE/MAX milestone award for a top Sacramento Realtor Team. This award was accepted for our team, Weintraub & Wallace, by Josh Amolsch. This was a year of hard work for all of us and, of course, change. At our international conference this week, the message clearly heard was to “embrace change.” Our team lives that message in all we do, each day.
Everyone contributed to our success over the last year. Without our group of dedicated agents, our wonderful assistant Adina, and our fantastic service providers, this award would not have been possible. It means so much to receive an award celebrating our teamwork. We are a group that helps each other in all we do. It is equally important to us that our clients are always very well taken care of. Our fiduciary duty is to put our client’s needs before our own.
Chairmans Club, a RE/MAX award for a top Sacramento Realtor team is shared with our exclusive buyer’s agents, Josh Amolsch, Barbara Dow and Carol Crestelo. Of course, our beloved assistant, Adina, is such an important part as she helps keep our systems organized and up-to-date. Elizabeth Weintraub and I are so honored to work with such a wonderful group of talented people. We handpicked our team and are fortunate beyond belief.
If you want to hire a top producing team of highly skilled and experienced Realtors, call Weintraub & Wallace with RE/MAX Gold. We can be reached at 916-233-6759.
— JaCi Wallace
Sacramento County Housing Report for January 2020
The Sacramento County Housing Report for January 2020 includes Sacramento County single-family homes. No other criteria are included in this particular report so that we can get a broad understanding of what is happening in our area. If you want to get updates for a specific area, even down to a ZIP code or multiple ZIP codes, or multi-family properties or land, sign up for Sacramento Home Sale Reports by ZIP Code.
One of the most important metrics in the Sacramento County Housing Report for January 2020 is that single-family homes are selling faster. The graph below shows 39 days is the average time on the market. Homes are selling close to the seller’s asking price. The green line below shows homes are selling at 98% of asking price, which is also higher than they were in January 2019. Are you writing offers? Are they in line with what sellers are asking?
The silver lining for buyers is that the median home price for Sacramento County dropped in January 2020 to $375,000. This is a 2.6% drop from December. But, that is still a 6.2% increase from January 2019 as depicted by the blue graph below. If you haven’t found your dream house, you may have an uphill battle, especially in the median price points. Our advice is to hire an exclusive buyer’s agent to help you navigate in this highly competitive seller’s market.
Shop a location you believe will be good for you and your family. Sellers are less likely to do repairs in this market and will be looking for as-is offers. You can earn sweat equity buy fixing up your home slowly over time, within your budget. There are plenty of quality vendors out there looking for work.
The new listings rebounded in January, up a whopping 71.5% from December 2019, but still down 7.6% from January 2019. This brought the total available inventory in Sacramento county to an anemic 1,233 homes, a 1.7% increase from December’s low. Hey, we’ll take what we can get! (See the green graph featured at top of the blog post). If you would like to see a quick but informative guided video presentation of the trends housing report for this month, click here, Video link.
— Written by, Josh Amolsch
If you want an edge in this extremely competitive market, call Wallace & Weintraub Realtors with RE/MAX Gold, at 916-233-6759. We have been helping buyers & sellers for decades
Valentine’s Day In Sacramento Real Estate, $weet For $ellers Or Buyers?
Valentine’s Day in Sacramento real estate, $weet for $ellers or buyers? February is a month when we think about Valentine’s Day. Typically, we see sellers preparing to put homes on the upcoming spring market. Buyers are generally slower to start a re-entry in the home buying search. After reading the January 2020 Sacramento Housing Report, the buyers are out home shopping in full force. They are rapidly buying up the available inventory of homes. Many sellers are receiving multiple offers, and selling very close to list price or over list price, across the board.
The answer to Valentine’s Day in Sacramento real estate, $weet for $ellers or buyers; it is “See’s Candy” sweet for both. The buyers do not have as much inventory to choose from as they did a few years ago. Buyers need to wake up and write winning offers, as this appears to be our new normal. There is such high demand; homes are selling very quickly. The buyers that were successful and closed escrow are thrilled. It is an excellent time for buyers as interest rates are lower than in over two decades. Don’t delay, get out there as you still have nine days left to purchase in February. March is going to be an even higher demand from the historical data.
Buyers, our recommendation to you is to hire an exclusive buyer’s agent that is highly skilled in negotiation. Also, they should possess impressive continuous years of successful closings. Our team has over 100 years of successful experience in listing and selling real estate. Our 5-star reviews give you confidence that we deliver outstanding results. If you would like to buy or sell, call Weintraub & Wallace Realtors with RE/MAX Gold. We can always be reached at 916-233-6759.
— JaCi Wallace
Buyer Cancels On A Home The Day After
When a buyer cancels on home the day after writing an offer this is always very disappointing for a seller. There are many reasons this can happen. Sometimes buyers are afraid they acted too quickly. Or they feel they settled for something they weren’t really all that happy with as they were tired of looking.
Sometimes its because the buyer’s agent didn’t share the information readily available. On my probate and trust listings, I always have pest and roof reports available and the disclosures and reports are attached to the listing. The buyer can then review the information while in the honeymoon phase, not 17 days later and then they ask for the moon and the stars.
When a buyer cancels on a home the day after an offer is submitted, it can be for a variety of reasons. We just had this happen and the seller was so disappointed. Not to worry as we will sell it again as that’s what we do.
We have already begun a social media blitz to generate interest for the open house this weekend. If you are interested in selling your home or buying a home, call Weintraub & Wallace Realtors, with RE/MAX Gold. We can be reached at 916-233-6759.
What do Groundhog Day and Superbowl share in 2020?
What do Groundhog Day and Superbowl share in 2020? Groundhog Day this year also coincides with the Superbowl. This is only the second time Super Bowl Sunday has fallen on Feb. 2. The last time was in 2014. On that day, Phil saw his shadow, and the Seattle Seahawks routed the Denver Broncos, 43-8. Phil’s prediction for six more weeks of winter that year was spot on, as brutally cold and snowy weather lasted well into March.
— The Washington Post
Groundhog day always reminds me of Punxsutawney Phil and the movie with Bill Murray. Waking up with the same thing happening to you each day might sound fun at first as you could live out any scenario and never hurt yourself permanently. The limitation is, of course, how do you build longstanding relationships or make a difference in your world?
The Superbowl is happening today and it is also Groundhog Day. This year the groundhog did not see his shadow which points to early spring. Has Phil, the groundhog ever been wrong? Yes, but he has been right much more of the time. It’s too bad he can’t predict the football winner or the gamblers would strike it rich. As it’s warmer in California and it’s predicted an early spring, I’m going wage on San Francisco to win. Also, I am a 9ers fan, so that was easy.
What do Groundhog Day and Superbowl share 2020? This year they share the same day. As Realtors, we might be thought of like a Groundhog Day but that is because we always deliver the same great real estate service, time after time. If you would like to have superior results when you sell or buy a home, call Weintraub & Wallace Realtors, with RE/MAX Gold. We can be reached at 916-233-6759 even on Superbowl Sunday, call us anytime.
— JaCi Wallace
