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Three New Home Listings in Sacramento Metro
As a Sacramento real estate agent who lists a lot of homes, I’ve got to replenish inventory that closes with more homes for sale. It’s the same with anything in life. If I run low on milk, for example, I might have to stop by the store on the way home and pick up another carton. I apply the same principle to items in my own home. If I buy a new piece of furniture or article of clothing, something else must go out the door. It’s a system of checks and balances. It also means after a few homes close escrow, more homes had better go on the market or this agent would soon run out of homes to sell.
Fortunately, the replenish system has been working well for me. I love to sell homes, even if I have to sell homes twice. You’d kind of expect that to happen in a short sale but not in a regular real estate transaction. Two homes that should have closed escrow last month did not, and they canceled. Both were traditional sales involving buyers who could not get a loan at the very last minute. The files sat in underwriting and were spit out. Denied.
Both sellers were understandably distressed and dismayed. I get their pain. In one situation, I told the seller that I was confident we would put the home back on the market, sell it for more money, and he’d look back at this particular cancellation and say it’s the best thing that could have happened. That was my intuition talking.
I love it when my intuition is right. It generally is, and I can rely on it. That’s exactly what happened, too. The next buyer paid cash, no appraisal. In the other sale, the replacement buyer had written a contingent offer. Sellers are often wary of contingent offers, but they can also be used as a benefit. And the contingent offer buyer removed the contingency within a couple of weeks and closed as well. Both of these escrows closed on Friday.
I’ve replaced these two sales with three more listings: An energy-efficient home in West Sacramento near the river at $240,000. An Elk Grove home, updated kitchen with granite counters, new appliances and wood floors, featuring 4-5 bedrooms, more than 2,700 square feet, turn-key ready at $395,000. These homes are open for viewing this afternoon. And last, but not least, a short sale home in Sacramento near Calvine, offering allergy-free floors, 3 bedrooms, formal living room with a brick fireplace and cozy family room at $225,000. Check out my new listings:
142 4th Street, West Sacramento, CA 95605
The Best Place to Find Homes for Sale in Sacramento
A potential buyer from Florida called yesterday to discuss buying a second home in the Pocket area of Sacramento. I asked what made him pick the Pocket out of all the places to live in Sacramento. Turns out he used to live in Sacramento, and he likes that neighborhood. Not necessarily Greenhaven, mind you, but the Pocket; although Greenhaven and Pocket border each other, they are different.
This guy told me he was primarily interested in preforeclosures and short sales. I hear this preference stated often, and I realize what it means, even though the person who is sharing that preference may not. It means that a buyer wants to buy as much home for the dollar as the buyer possibly can. The buyer is not afraid of having to fix up a home or put a little sweat equity into it if the price is under market a little bit.
In short, the buyer wants a deal. A good deal. Reality says a buyer doesn’t really need to buy a preforeclosure or a short sale to get a good deal. In fact, most of the better deals lie in homes with equity. Short sales are no longer distressed sales; banks want market value for the short sales. Banks sometimes obtain 2 or 3 opinions of value before they will allow the home to sell as a short sale.
The pre-foreclosure properties are a myth. They don’t exist. Oh, I realize that buyers can find those homes listed on such websites as Trulia and Zillow, but those are marketing ploys. Those homes are not for sale. These websites buy feeds from all kinds of sources, even sources that report when homeowners have failed to make payments and are headed for foreclosure if they don’t bring the loan current. But it doesn’t mean those homes are for sale or will ever be for sale. It is very misleading and confusing for buyers. Although, it brings eyeballs to Trulia and Zillow, and traffic is what matters to Trulia and Zillow. The information doesn’t need to be accurate — just look those goofy Zestimates.
The best place to find homes for sale in Sacramento is on a Sacramento real estate agent’s website. That’s because those IDX feeds originate at MetroList, which is the Bible and our God in real estate. You can search for home listings in Sacramento, homes in Placer, El Dorado or Yolo counties, which include West Sacramento and Davis on my website or any other agent’s website. You will get everything that is for sale and not just my listings.
Although, I did get a call yesterday as well about where a person could find my listings. If you want to look at just the homes listed by Elizabeth Weintraub, you can watch the revolving listings on the right side of my home page. Or, to be more proactive, you can click on the LISTING tab at the top of my website. That will show you just the homes that are listed by this Sacramento real estate agent.
I promise, you won’t find homes that are not for sale, removed from the market or were never for sale in the first place. The status modifiers are clearly noted, well, except for those active short contingents, you have to read through the listing to find it. Yet, a real estate agent’s website is the best place to find homes for sale in Sacramento. You can also sign up for automatic listing emails, so every time a new listing in your desired area comes on the market, you will receive an email. If you’re not a do-it-yourself person, you can call me, and I’ll be happy to set you up. You can call Elizabeth Weintraub at 916.233.6759.
Rare Mariemont Estates Home by Arden Park For Sale
This gracious home on Lantzy Court in Arden Park for sale is located near the end of a serene cul-de-sac and is more beautiful than words can convey. This is truly a home you need to see in person to fully appreciate. Surrounded by trees, the front yard features a circular driveway and striking red Tamukeyama. A two-rail, hand-sawn wood fence graces the edge near the street. It has tremendous curb appeal.
This home in Arden Park for sale has 3 to 4 bedrooms (the fourth has been used as an office), and 2 1/2 baths, one of which contains a jetted tub. You’ll find skylights, ample room sizes, two fireplaces, and plenty of storage space. According to the assessor’s office, the square footage is 2,672, and it’s a single-level ranch style, built on a slab with wheelchair access.
Everything is pretty much is in bloom right now in the back yard. The very back is sloped and terraced, featuring rows of flowers in a variety of colors — it’s a garden mecca. The lot size is enormous, almost 2/3rds of an acre at .63 acre or 27,443 square feet. Smack dab in the middle of the yard is a gigantic pool, solar heated, gunite construction.
But wait, there is more about this home in Arden Park for sale. In addition to all of this, there is a guest house in the back yard. The guest house can be used to care for aging-in-place inlaws or a place to send a person you might not want living in the same house as you. I can’t describe this type of person because federal Fair Housing disallows it, odd as some parts of that law can be. This house has a single bedroom, living / dining space, kitchen, bath and laundry room. The guest house was updated in 2012, says the seller.
For more information about this home in Arden Park fro sale or to find out when you might enjoy a private showing, please call the listing agent, Elizabeth Weintraub, at 916.233.6759, Lyon Real Estate.
4335 Lantzy Court, Sacramento, CA 95864 is offered exclusively by Lyon Real Estate at $875,000.
Three New Home Listings in Sacramento Area
Just before Easter, I’ve got a bunch of new home listings in Sacramento coming on the market. One home that I listed over the weekend in Lighthouse Marina is in the process of getting preapproved by Bank of America for a Cooperative Short Sale. Yet, all of the other 3 home listings are available immediately. Not one is a short sale. This is the future of real estate in Sacramento; I’m telling ya. Very few short sales. Many more equity listings. I don’t care what anybody says — if he or she disagrees — because this Sacramento real estate agent sees the writing on the wall. Stats will prove me right later. You can betcha.
My first new listing is an updated Craftsman bungalow in the Med Center for $225,000. Beautiful front porch where you can sit and watch people. Close to restaurants and UC Davis and all of the action. This is an exciting opportunity to own a home for less than rent. Yes, it’s true, there is no garage and parking is restricted, but it’s a gorgeous 1928 Craftsman at an affordable price that takes limited parking into account. So hurry!
Another new listing is a tri-level home in Roseville. If you have a need for four bedrooms, this is your home! On top of that, it features 3 full baths. The tri-level is really a 2214 square-foot two-story with a step-down family room overlooking a park-like yard with a raised and covered deck for outdoor entertaining. It has vaults, a stone fireplace and an open kitchen with tiled counters. All for the astounding price of $395,000.
Next, we have a popular single-story near Machado Dairy Park in Elk Grove. This is a corner home overlooking a cul-de-sac with 1870 square feet and 4 bedrooms. It is situated on Pedra Do Sol Way, where I have another listing presently in escrow. This streets winds around off the main drag and is south of Whitelock, which makes it even more attractive to first-time home buyers. The exotic wood floors are so bright it hurts the eyes to look at them. Sunlight floods this home. Priced right at $285,000.
Who says there are no new listings in Sacramento? Here are 3 that are new to the market today. No waiting for bank approval. All owned by sellers with equity. Fast closing possible. Interest rates are still under 4%. What are you waiting for? This is the best opportunity you’ve had in years to buy a home. Get moving. Call me for a private showing. Elizabeth Weintraub, 916 233 6759.
No Homes for Sale in Sacramento
The real estate market in Sacramento is a little bit like that website depicting reasons why You Will Not Go to Space Today. I could easily create a website about why homebuyers are not buying a home today, except I can’t draw very well. Great Sacramento real estate agent, but lousy artist. I know my limitations.
A guy called yesterday to ask about a Sacramento listing. Said he found it among his list of homes for sale. He was looking on Zillow, poor guy. I don’t know how to get the word out to buyers that looking on Zillow is the wrong place to look. So is Trulia and, if we’re really talking about homes for sale, Realtor.com is not that hot, either. All of those websites are missing listings, showcase expired and sold homes, and they take too danged long to update. If you’re gonna buy a home in Sacramento, you better be getting your listings from a Sacramento real estate agent, either from an agent’s MLS-connected website or, even better, directly from MLS yourself.
You can’t get new listings directly from MLS unless a) you are an agent or b) an agent sends them to you.
But it doesn’t really matter because there are very few to no homes for sale in Sacramento. The guy who called yesterday was stammering because he could not remember the street address and was frantically searching for it during our conversation. I don’t think he expected me to answer my phone or to answer it as quickly as I did. Hard to say. But as he was stuttering, repeating himself and trying to buy time to find the address, I felt like telling him the home was probably sold, except I didn’t want to offend him; he sounded so sad and depressed. My heart goes out to first-time homebuyers, but if they already have an agent, I can’t help them.
I have new listings coming up this week. First, I will tell my Elizabeth Weintraub team members about them. Then, I will let agents in my office know that we have new listings. Many real estate companies in Sacramento withhold listings from MLS for 72 hours because we can. Lyon Real Estate agents are market leaders in Sacramento. By the time these listings show up in Zillow or Trulia, they will most likely be sold. This is a tough market with so few homes for sale. Almost every day buyer’s agents call and email, asking if my pending sales are falling apart or whether I am taking a new listing.
If home buyers are relying on Trulia, Zillow or Realtor.com to help them find a home to buy, I hate to say it, they are not buying a home in Sacramento today.
