Yuba-Sutter Grapevine

It’s quite possible!  If you were looking for or thinking about buying your new home it is most likely no longer on the market.  Once again our sales far exceeded the new listings.  If you want to purchase a new home before interest rates go up again maybe it is time to get serious!

Did your dream actually get sold?  Click on any of the numbers in the chart above to get a list.  To get a current list of homes for sale click HERE.

Are you needing to down-size?  Home values have increased dramatically in the past few months, but seem to have leveled off now.  Want to know the current value of your home?

To get relevant and current neighborhood information try this LINK.

Guaranteed sales, free home warranty, Service according to YOUR definition.  It can all be yours.  Call today & mention code GFS.  Call 530 315-2808.  This offer ends Saturday so call NOW!

The chart belows shows the activity for last week.  Click on any of the numbers to see the actual listings for that catagory.  These links will stay active for about 30 days.

Looking at the chart above, it does indeed look like the asking prices have gone higher than the buyers are willing to pay.  We see this as encouraging.  It means that the likelyhood of run-away overpricing is being kept in check this time.

So… Mr. & Mrs. (and Ms. & Miss) buyer.  You still have a GREAT OPPORTUNITY!  Now is the time to buy; before interest rates go up more.  And go up they will.

How much would an increased interest rate hurt your buying power?  Of course that depends upon your situation, but we have had many buyers need to drop the shopping price for their new home by $25,000 to $45,000 dollars!  That’s a lot of house!

Here’s an example for you.  Let’s say you are purchasing a home for $175,000 (a pretty realistic number today).  We’ll assume you have the 5% down payment, and can cover the closing costs.  Here are a couple quick numbers for comparison showing the interest rate , the monthly payment (P & I only) and the interest paid over the life of the loan.

As you can see in the chart above, the amout of interest paid at 6.75% has DOUBLED over the total for the 3.75% rate.

Whould $113,430 make a difference to you?  Call today to see how we can save you over $100,000. 

Call 530 315-2808.  Or eMail us HERE.  Visit our Web Site.

To view the actual listings click the numbers in the chart below.

Things are still a bit difficult for buyers.  Finding the right home is just the start.  Now you need to write that offer and not have it beaten out by the multiple offers that come in!  But find the right agent and you can do it; as evidenced by the fact that 51 sold this week.

For some comparative stats on current listings click HERE.  Sold summary is HERE.

Think this shortage of inventory might mean it is time to sell yours?  Most can answer “yes”.  To get a FREE Comparative Market Value on your home click here: CMV

Looking for other Real Estate information?  Get ANSWERS.

Call today to discuss how we can help you achieve your goals.  One call, no hassles, no pressure.  530 315-2808.

It looks like we are continuing to gain inventory.  Although sales kept pace with listings  last week we listed many more than we sold 2 weeks ago.  A glance at the chart below and it looks like our sales numbers were down.  While true on the surface, if we factor in the holidays our total activity (both sales and new listings) were on par with recent history.

Even with the low inventory this is a fantastic time to buy a home.  Interest rates are still VERY low, prices are at or below construction costs, and deals are being made!

1.  As a home owner you can purchase a move-up home for a mortgage payment about the same as as your grocery bill!

2. As an investor you can make a minimal down and turn a profit on rent from day one!

Is this the time for you to look into buying that move-up home?  We can help you with that.  Call 530 315-2808 today to get the facts you need to make an informed decision.

Curious what your home is worth in today’s market? Click here: value please.

Like more information about the area? Try the Market Insider.

Questions or suggestions? Contact us

Free new listing alerts: CLICK

It looks like we are slowly gaining a little inventory.  Once again we sold fewer than we brought to market.  As you can see from the chart below we sold 46 homes while making 63 available for sale.  This should help in two major ways.

1.  Buyers will now have a greater choice of features and locals to choose from.
2. Buyers who do not have large downs (making them able to offer over appraisal value) will have more opportunity.

Does this mean we are going back to a buyer’s market.  Not yet for sure, and I don’t see that in the foreseeable future.  We still have a number of bank-owned homes that need to be sold.

I do think it might help regulate the rate of price increases.  We are all for getting prices back to where they should be; a sound value that is supportable by the community.

For a FREE evaluation of the market value of your home click HERE.

Looking for your dream home?  Search the MLS here.

Want more news in your neighborhood?  Check this out.