Mark DeGennaro

Hello All

This is great information to pass along to clients, family and friends in the Sacramento County area.

Sacramento County Property Tax Reassessment time

The time is here again!!!Last year I sent this information out about lowering your assessed value on your home. This has come around again. I would be happy to help you fill out the form for the reduction. Please be advised that there are companies out there that will contacting via mail or phone to do this for you for a fee. It is a simple process and as a service to my current and past clients there is no charge. Below is a link to see if your home has been already reduced and another link for the appeal form. I always look forward to hearing from you. Property list http://www.assessor.saccounty.net/SacramentoCountyParcelsReducedPerProp8DeclineinMarketValue/default.htm Request for review form http://www.assessor.saccounty.net/coswcms/groups/public/@wcm/@pub/@asr/@inter/documents/webcontent/sac_018985.pdf Mark DeGennaro Realtor Keller Williams Realty (916) 688-8060 MarkDeGennaro@kw.com http://www.MarkDRealty.com

This was brought to my attention and wanted to share it with all! I know with holiday season we all will probably be using our ovens. In our house it is the holiday time when we have friends and family over, and what do you dread, someone opening the oven. This is a recall for thoughs of you like me that would put the oven on clean and leave.

I hope you all have a hppy and safe holiday season!

		Mark DeGennaro Keller Williams Realty 9355 E Stockton Blvd. Suite 210, Elk Grove, CA 95624 Direct: (916) 688-8060 Office: (916) 480-8324 E-mail: markdegennaro@kw.com Website: http://markdhomesales.com

GE Recalls Wall Ovens

Safety Recall GE Wall Oven - November 2008 Recall GE is recalling about 244,000 GE Profile, Monogram and Kenmore wall ovens to inspect and repair defective units which could post a fire and burn risk. The extreme heat used in the self-clean cycle can escape, if the wall oven door is removed and incorrectly re-attached by the installer or the consumer. This can pose a fire and burn hazard to consumers. GE said it is aware of 28 incidents of minor property damage in which adjacent kitchen cabinets have been damaged. No injuries have been reported. This recall involves GE wall ovens sold under the following brand names: GE®, GE ProfileTM, Monogram® and Kenmore®. The wall ovens were sold in white, black, bisque and stainless steel. To determine of your wall oven is included in the recall go to >>>>>>http://www.geappliances.com/products/recall/wall_oven_08/

This is Great news for Elk Grove, we have needed a family destination here for a long time. Lets hope that this goes as planned. The Idea sounds great, and the bowling alley should open next month

_________________________________________________________________________________________________

City goes with one-stop shopping for family

recreation

By Bob Walter
bwalter@sacbee.com

Published: Sunday, Oct. 26, 2008 |

The town that didn't have a bowling alley will not only get one - but also will have a fitness center, water park, extreme sports complex, synthetic ice skating rink and maybe even a gymnastics academy.

All in one spot.Dream X

At 200,000 square feet, almost half the size of Arco, the cavernous former JVC compact disc manufacturing plant on Laguna Boulevard will feature a Strikes Family Entertainment Center, with bowling, an arcade, corporate conference center, Coach's restaurant and bar and even synthetic ice skating. Strikes is set to open the week of Thanksgiving.

But it also will include:

• A California Family Fitness center with 55,000 feet of workout space, basketball courts and such, along with three outdoor pools and a water park area. When it opens next spring, it will be the local company's 16th complex - No. 15 is set to open Monday in Citrus Heights.

• Dream Xtreme, a locally owned extreme sports complex with a $1 million wave-making machine for surfing and body surfing; rock-climbing walls; trampolines the size of a basketball court, with 45-degree trampolines on the outside for bouncing off the walls; and paintball outside in at least one 50-foot-by-100-foot tent. Shane Carter of Elk Grove, head of a group of eight local investors, also hopes to open the complex by Thanksgiving.

• A California Sun Center tanning facility and, perhaps, a major sports training center, dance studio, gymnastics academy, roller rink and more.

For now, it is a massive structure with 33-foot-high ceilings, filled with construction workers, painters, all manner of equipment and 44 not-yet-glistening bowling lanes.

Read the full story

		Mark DeGennaro Keller Williams Realty 9355 E Stockton Blvd. Suite 210, Elk Grove, CA 95624 Direct: (916) 688-8060 Office: (916) 480-8324 E-mail: markdegennaro@kw.com Website: http://markdhomesales.com

This is Great news for our local Market!

I just wanted to share this with everyone in our region!

Daily Real Estate News | October 28, 2008 |

Bargain Hunters Shrink Housing Inventory

Bargain hunters and home owners who pulled their properties off the market hoping for better days down the road helped shrink the inventory of available homes in September, according to a Wall Street Journal survey.

The largest year-over-year declines in inventory were 32.1 percent in Sacramento, 27.1 percent in Orange County, Calif., 21.6 percent in Los Angeles, 21.5 percent in Boston, 21.1 percent in Denver, and 20.6 percent in San Diego.

Demand for housing has slowed even as the population has increased, according to Census Bureau figures. Mortgage Bankers Association chief economist Jay Brinkmann blames lack of jobs, noting that young people don't go out on their own nearly as frequently during tough times.

Source: The Wall Street Journal, James R. Hagerty (10/28/08)

Hello, I just wanted to let you know that the time line to file the tax reassessment application. I did file this on my home and was able to reduce my taxes over $2000. I am letting my clients know about this option to help them save a few dollars in a challenging economic time. The Sacramento county assessors office has more information. The site will show the properties that have been reduced, but remember there is still room for reduction on many homes. Mark DeGennaro Keller Williams Realty 9355 E Stockton Blvd. Suite 210, Elk Grove, CA 95624 Direct: (916) 688-8060 Office: (916) 480-8324 E-mail: markdegennaro@kw.com Website: http://markdhomesales.com