Elizabeth Speth, Realtor

From our walk this morning. A beautiful beach sculpture in Granite Bay.

Can you help? A great rainy day project.

Spring is definitely in the air in Placer County. Have you checked out Martha's Gardens in Placer County? A fun outing, and you can bring home a splash of seasonal color!

https://urbandreamerfarm.org/ We just found out about this great spot in Auburn! Have you been?

MARKET UPDATE, JANUARY 6, 2021 The Market & Industry: Housing market closed out the year strong While buyer demand cooled a tad at the end of 2020, perhaps due to the holidays, the California housing market ended the year on a strong note, well ahead of 2019 levels. Mortgage rates continue to sit at record-low levels, and California is continuing to see much stronger buyer demand than is typical for this time of year.... With high buyer demand resulting in a surge of business for lenders, mortgages are now taking longer to close; the average time it took a mortgage to close in November 2020 was 55 days. This can adversely affect borrowers who lock in specific rates for a 30- or 45-day period. And as of December 1, approximately 2.8 million homeowners were on a forbearance plan, with data showing forbearance rates are highest among higher-priced loans. The CARES Act II also extended the federal eviction moratorium until the end of January 2021 (now aligning with California’s moratorium) and included $25 billion for rental assistance, which will be distributed to states to dispense as they see fit. Landlords will be able to apply directly for those funds when they become available. Sources: C.A.R. Research & Economics, HousingWire, REALTOR Magazine, Vox

Erm... Is there any way we can watch the trailer before we commit? Asking for a friend...

Have a safe and happy Christmas, everyone!

The Market & Industry: Housing Market Ends Year On A Strong Note (It remains a GREAT time to buy and sell!) The California housing market is closing out the year the strongest it’s been in 2020. In November, single-family home sales crossed the 500,000 benchmark for the first time since 2009. And with pending sales above 2019 levels by double digits in November, December is likely to be a strong month as well. Buyer demand remains unseasonably strong, although in the past wee...k the market has finally started cooling for the holidays. Mortgage rates fell to another record low last week, the 15th record low of the year. Mortgage applications last week were up 26 percent from a year prior, and refinance demand was up 105 percent. New research shows that fewer investors have been flipping homes during the pandemic. In California, the share of investor buyers was the lowest since 2001. But for those who have successfully flipped homes this year, profits have risen the gross profit on a typical home flip reached its highest amount since at least 2000. According to a survey from Homes.com, 45 percent of consumers would move if given the chance to work remotely on a permanent basis. Twenty-three percent of real estate professionals surveyed said they were fielding requests for housing near public transportation or highways. And of consumers who moved in the past 12 months, one out of three said they did not intend to do so before the start of the pandemic. Sources: C.A.R. Research & Economics, C.A.R., CNN, CNBC, REALTOR Magazine, Homes.com

I thought this was funny, and to the point. This is why you are better off with a home inspection, yes, and also a licensed realtor. We know where the eyebrows are supposed to go.