Sacramento Valley & Foothills Real Estate PRO

Incredible New Listing....Must Act Now.

Open tomorrow ONLY, from 11-1 for only select Realtors, Brokers and Clients. Amazing property: Completely Remodeled 5 Bdrm/ 3.5 bath, 2 Rm Apartment, 10 acres, custom 10-Stall Stables, 8 fenced pastures, garage space for 13+++ cars, in addition to shop space, and a GIGANTIC RV Garage (Big enough for indoor Basketball). Priced @ $1,800,000. You WILL NOT find better...anywhereever @ this price. Clients & the public MUST call Steve or Kris to attend.... S: 916-834-9792, K: 916-801-8122 Hey, you can make a day of it and visit Ciotti Cellars / Winey only 1/2 mile away, or Wise Villa Winery only a couple miles. Here's the tour: https://vimeo.com/559308320

This is a good article and something that I've been saying for quite some time also. Moderation is the keyword. The market must slow, will slow, is beginning to show signs of slowing. The most important red flag, in my opinion, of a market that is "too expensive" and will slow, is the "Affordability Index". That is is the percentage of average income earners who can afford an average priced home in any area (a neighborhood, a city, a state, a country). ... When the index (percentage) is between 40-50% it's a healthy market....neutral. When it drops below 40% it shifts to more and more, unhealthy and the market WILL slow. During the 2005-2006 market pushed by unscrupulous loan practices, and before the collapse, the affordability index in many CA areas was in the single and teen digits. The crash was predictable. California's index is around 25% right now, the Sacramento market is in the low 30's. This index is influenced by Interest Rates, the Jobs Market, Housing Supply, Infation and the Economy. For instance: Rates go up, less buyers can afford to buy, supply goes up, The Market Slows. Period. Then consumer confidence comes into play. It IS going to happen, but NOT like some previous slow downs for many reasons. So don't run around like your hairs on fire....just be smart and work with a great Realtor. Steve Rath 916-834-9792, [email protected], https://www.linkedin.com/in/steverathbroker/

MORE on migrations.

I always LOVE this report. It's really interesting stuff.

Upmarket or down, Real Estate is the foundation of building wealth. Get an expert on your side: 916-834-9792 // [email protected]

All's well in mortgage rate land.

PLEASE DONATE NOW! And re-post/ pass along to everyone you know. PLEASE! Don't just let this slip away into yesterday's news. https://cahpcu.org/DeputyAdamGibsonMemorialFund Yesterday, a war hero, Sherrif Deputy Adam Gibson, was murdered while protecting us from a convicted menace to society. After serving 2 tours in Afghanistan, he came home, signed on to protect us and serve, then yesterday was murdered along with his dog, Riley in the line of duty. 31-year-old, Deputy Gibson leaves behind a wife and a newly born baby. We can't stop his wife's impossible grief, but we can help his family and show, if even in this small way, a token of our thanks and support for his family and his honorable life, given for us.