Sold: $195,000 Beds: 3 Baths: 2 Sq Ft: 1337* Lot Sz: 0.149ac* Yr: 2003
www.johnhayesrealestate.com
www.mathershortsales.com
Total listing inventory in Sacramento Ca remains stable, pending escrows rise
As the winter season continues, the Sacramento residential resale market refuses to lay dormant, showing a steady amount of activity through the notoriously slow month of January. This information, compiled by the Sacramento Association of REALTORS®, is collected from the MetroList® multiple listing service and includes data covering Sacramento County and the City of West Sacramento.
Closed escrows decreased slightly to 739, showing a 8.2% drop from last month's 805 homes sold. When compared to the same month last year, January 2008 showed a slight decrease of sales, remaining 1.6% below the 751 homes sold in January 2007.
The median price for a single family home continued to drop, settling at $255,000, 8.9% below December's $280,000. When compared with 2007, Sacramento's median home sale price shows a 28.2% decrease, staying well below the $355,000 median price of a year ago. New listings in January 2008 totaled 3,138, an increase of 45.7% from last month's 2,154. The total listing inventory barely budged, dropping a fraction of a percent from December's 8,965 to 8,963.
As some prospective buyers wait for the market to "bottom out," others are making great financial investments. "Those who make the well-advised decision to buy and who can qualify for loans are taking advantage of a market that offers record-low rates and an inventory that can please even the pickiest buyer," says newly elected 2008 Association President Alan Wagner. "Sellers who are market savvy are pricing their homes aggressively to increase the likelihood of offers being made. Realistic pricing will keep prospective buyers circling, while an overpriced property will often sit on the market and forego drastic cuts in price to better compete with similar listings. Unrealistic pricing usually leads to nothing more than wasted time. Seasoned REALTORS® need to help sellers to avoid these mistakes and increase the probability of finding the right buyer. This soft market," continues Wagner, " calls for increased REALTOR® activity."
The month-end housing market supply figure - the active listing inventory divided by the rate of completed sales - increased for the month of January, up 9% to 12.1 months, compared to 11.1 months in December.
Condominium Resale Market
The condominium market inventory of 729 in January showed a slight decrease of 1.2% when compared with December's 738. New listings published were up 37.3% to 232 in January compared with 169 in December. Closed condominium escrows showed a considerable, but expected, drop in activity for the month of January, ending with 36 closed escrows, a 36.8% decrease when compared with the 57 closed escrows in December. The 36 closed escrows in January 2008 remain 31% below January 2007's 52 closed escrows. The median sales price of a Sacramento condominium in January was $143,000, a figure down 24.7% from the median price of $190,000 in December. This $143,000 median price is 34.4% lower than the $239,607 median price of January 2007. Info from the SAR..Sacramento Association of Realtors
John J Hayes
RE/MAX Gold
530-306-3316
DRE#01709600
I love it when these e-mail come up in my computer. This makes me, as an agent, understand why I do what I do for a living..
Hi John!
John..working with you was great, so great that I have referred quite a few people to you so that you could help them find and purchase their homes. I think one of the best things about you is that your ALWAYS reachable. There were many, many times that I needed to talk to you and you always answered the phone or called back in a matter of minutes. That's really important to me because it shows me that you care and that your not just there for the sale, your with us the entire way through. Buying a home is very stressful at times, dealing with the banks on a foreclosed property and the lenders asking you for proof of everything but your blood type can really drive you nuts. You know your stuff. You give us your advice with an added "trust me" and sure enough you were always right. I would also like to add that you have remained in contact to this day offering your assistance in many different ways. You have a list of people that you have referred us to to help with many misc. repairs for our home (at really low prices), you have even kept us in mind when interest rates have dropped to a lower rate so we can re-fi and lower our payment. Your service doesn't stop with the SOLD sign, you continue to work for us long after the sale and that really means a lot to us. Good luck with everything and we'll keep those referrals coming! Jennifer Hill Elk Grove, CA.
John Hayes
RE/MAX Gold
Mexican Martini recipe
2 oz 1800® Tequila
1 1/2 oz Cointreau® orange liqueur
2 oz sweet and sour mix
1 oz lime juice
2 oz orange juice
1 splash Sprite® soda
2 olives
Folsom finishes tops in the Sacramento area...2008 Real Estate summery of homes sold in Folsom Ca. Average days on market 53 is below the the Sacramento average of 135 days. Folsom counties to grow and be a disirable place to live. Some new futures in Folsom would be the new Folsom bridge to open..In and Out Burger..New Palladio mall..Starbucks drive thru..and more to come.
| Selling Price Range |
Quantity |
Average DOM | |
| $140,000 thru $159,999 | 1 | 174 | |
| $160,000 thru $179,999 | 2 | 4 | |
| $180,000 thru $199,999 | 3 | 28 | |
| $200,000 thru $249,999 | 12 | 44 | |
| $250,000 thru $299,999 | 42 | 62 | |
| $300,000 thru $349,999 | 131 | 42 | |
| $350,000 thru $399,999 | 134 | 53 | |
| $400,000 thru $449,999 | 122 | 55 | |
| $450,000 thru $499,999 | 87 | 50 | |
| $500,000 thru $549,999 | 63 | 62 | |
| $550,000 thru $599,999 | 36 | 46 | |
| $600,000 thru $649,999 | 26 | 46 | |
| $650,000 thru $699,999 | 18 | 93 | |
| $700,000 thru $749,999 | 5 | 27 | |
| $750,000 thru $799,999 | 9 | 89 | |
| $800,000 thru $849,999 | 4 | 66 | |
| $850,000 thru $899,999 | 2 | 13 | |
| $900,000 thru $949,999 | 2 | 12 | |
| $950,000 thru $999,999 | 1 | 312 | |
| $1,000,000 thru $1,249,999 | 6 | 91 | |
| Total homes sold 706...average days on market 53 | 706 | 53 |
Summary Price Information
| Summary Price Information | |||
| Minimum | $145,000 | Maximum | $1,089,000 |
| Average | $434,465 | Median | $410,000 |
John Hayes
RE/MAX Gold
Apricot Mango Martini*
2 measures gin ½ measure apricot brandy ½ measure simple syrup ¾ measure fresh lemon juice 1 slice of fresh mango In the bottom of a glass half of the boston shaker muddle together the mango, the syrup, and the lemon juice, add the apricot brandy and the gin and shake well with ice. Strain into a chilled martini glass. Garnish with a lemon peel.
December sees an encouraging surge in sales
Winter home sales in December, a time of lower activity, made an unexpected increase. The following information, compiled by the Sacramento Association of REALTORS®, is collected from the MetroList® multiple listing services and covers Sacramento County and the City of West Sacramento.
December showed a strong close to the year, recording 1,932 closed escrows, a 14.5% increase from the 1,589 sales recorded in November. When compared to the same month one year ago, December 2008 stands 140% above the 805 closed escrows recorded in December 2007.
The median price of $180,000 was down 2.7% from November's median price of $184,944 and is the lowest level since February 2002. The current figure is 35.7% The total listing inventory for this month dropped to 6,462 listings, a 2.7% decrease from the 6,643 total listings of November. Compared to the same month last year, the current figure reflects a 27.9% drop from the 8,965 listings in December 2007. The decreased total listing inventory and high rate of sales gives December a very low Housing Market Supply Index. This figure represents the amount of time - in months - it would take to deplete the total listing inventory given the current rate of sales. The December figure of 3.3 months is down 15.4% from the November figure of 3.9 months. The current figure also represents a 70.3% decrease from the December 2007 figure of
Condominium Resale Market
Following the single family home sales trend, the condominium market also showed an unexpected upturn in sales. There were 124 condominium sales in December, a 27.8% increase over the 97 sales in November. Compared to the same month in 2007, the current figure is a 118% increase over the 57 condominium sales of last December. The median sales price of a Sacramento condominium decreased to $93,000, a 13.1% drop from the November median price of $107,000. The $190,000 median price of December 2007 is 51% higher than the current median price.
John Hayes
RE/MAX Gold
530-306-3316
Citrus Martini Recipe 8 parts lemon flavored vodka Combine liquid ingredients in a cocktail shaker with cracked ice and shake well. Strain into a chilled cocktail glass and garnish with lemon twist.
1 teaspoon Grand Marnier or orange liqueur
1 teaspoon fresh lime juice
Lemon twist
It is my goal as your Full Time Real Estate agent specializing in the Folsom,Rancho Cordova and El Dorado Hills areas, to provide you with superior service at all times! www.johnhayesrealestate.com
It is my goal as your Full Time real estate agent specializing in the Folsom,Rancho Cordova and El Dorado Hills areas, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer.
Buying a home? I look forward to helping you select the home of your dreams by taking time to listen to your needs and desires.
Selling a home? My real estate expertise and many effective marketing programs will give you the exposure and edge you need to sell your home quickly for top dollar.
Returning Client? I appreciate the opportunity to continue to serve you and hope you take advantage of the valuable resources I provide. Come back to visit often!
I consider this community an excellent place to reside and would love to share with you my enthusiasm for the many neighborhoods that encompass it. I pride myself on providing unparalleled service and look forward to developing a long-term relationship with you. Please feel free to contact me if you would like to discuss how I can best assist you with your real estate needs.
Sincerely,
John Hayes
Areas of Expertise:
Sellers:
Buyers:
Purchase Loans:
Refinace:
Land:
New Constuction:
Building Your Dream Home:
These are some Testimonials from my past clients:
Hi John! John..working with you was great, so great that I have referred quite a few people to you so that you could help them find and purchase their homes. I think one of the best things about you is that your ALWAYS reachable. There were many, many times that I needed to talk to you and you always answered the phone or called back in a matter of minutes. That's really important to me because it shows me that you care and that your not just there for the sale, your with us the entire way through. Buying a home is very stressful at times, dealing with the banks on a foreclosed property and the lenders asking you for proof of everything but your blood type can really drive you nuts. You know your stuff. You give us your advice with an added "trust me" and sure enough you were always right. I would also like to add that you have remained in contact to this day offering your assistance in many different ways. You have a list of people that you have referred us to to help with many misc. repairs for our home (at really low prices), you have even kept us in mind when interest rates have dropped to a lower rate so we can re-fi and lower our payment. Your service doesn't stop with the SOLD sign, you continue to work for us long after the sale and that really means a lot to us. Good luck with everything and we'll keep those referrals coming! Jennifer Hill Elk Grove, CA.
1) John, I just wanted to send you a short e-mail thanking you for all your hard work in helping us with our home purchase. I know we are not easy clients to deal with. You were always available when we needed to get a hold of you or look at houses. I also appreciate your honesty throughout the whole process. You have a gift of making people comfortable. Thank you again and if anyone asks me about real estate I will definitely send them your way. J. Conrad
Alex Perez Hello John, Every person who reads this needs to know what kind of person this individual is; Kind, great person to have around your family, outstanding work ethic, dedicated to achieve optimum results and passionate about his career. John, you will always be highly recommended by me. Good Luck. Well just wanted to say hello to you and your family. Alex 3) Dear
John,
There are a lot of realtors out there who just want a
listing or a commission. You are not one of them.
You took a great deal of time to ensure we were not
just buying any house but buying a home that would
fit us. This professionsl courtesy extended to
helping us obtain the best financing available at
that time. We appreciate all your hard work and
efforts, Thank you Mr & Mrs Sartoris
My wife and I were referred to John by my co-worker when looking for our first home. John is a very knowledgeable realtor, and he answered all of our questions and concerns. After understanding our needs, he did his homework and found our dream home. The home that John found for us was a tremendous deal for the price, and a lot bigger than we had expected! John answers your phone calls in a timely manner, even if you call him everyday like we did. He understands that buying a home is your most important purchase of your life, and he will be there for you the entire process.
Adam & Khontharith Aita
Hi John
To everyone who will be reading this, Mr. Hayes is a caring, honest,
goes the extra mile Realtor.He
really listens to what you want in a house and finds what you want. He
has great patience and is
always there for you through the whole process. I WAS REALLY SCARED
when Mr. Hayes and I found my
home, But he always answered my phone calls and email. I sent many. He
assured me
that I could do this and I did. He is always positive, when you buy a
house you really need that. If
you are looking for a house you should call Mr. Hayes for all the
reasons above and he is really a
diamond in the rough. Thank you Maria Martinez
John,
First and foremost, I would like to thank you for all the hard work put in to my buying a home. It's been a rough roller coaster ride (about 2 years, 3 Real Estate Agents, 4 Lenders). I've seen the market (i.e interest rates/home prices) go up and down. My first home buying experience was enjoyable you were a very helpful and accommodating agent, that most importantly got the job done. As a new home owner, I am glad you were on my side. I would of never of thought about the extras that could be procured in a purchase if one is aggressive as yourself (i.e the 1yr home warranty, paid closing costs, washer/dryer, refrigerator/freezer, etc.). John, my family and I would like to sincerely thank you for your integrity and honesty and diligence. Due to all your work, I, got a 4 bedroom 2 bathroom house at $215,000 with a 5.25% interest rate. Almost unheard of two years ago. Thank you again. Carlos
John Hayes served as our Real Estate Agent through the purchase of our new home. We ran into him through a Craig's List add for one of his properties and he lined up properties for us to look at. We got to know him and he got to know our family and our needs, and was able to find us an absolutely fantastic deal with a brand new home. He went the extra mile that other agents did not.
John was always available to us throughout the buying process to answer questions or help things get moving along, if need be. I could not have asked for a better Real Estate Agent. He was concerned about our needs and what would work for our family. I would highly recommend John to anyone looking to buy or sell a home.
Sincerely,
Theresa
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