Real Estate News

Current real estate news for home buyers, home sellers, and homeowners.



Recent Folsom, Granite Bay, El Dorado Hills, and Sacramento Real Estate News Posts

Yes, There Is A Free Lunch!

Yes, there is a free lunch, and I would be delighted if you could attend.

We are having an Open House and Grand Opening/Ribbon Cutting at our new Coldwell Banker office this Friday, February 9th, starting at 11:30. The formal invitation is below:


Open House



You are cordially invited...

To join the Folsom Chamber of Commerce for a special
RIBBON CUTTING CEREMONY


In celebration of

The New Coldwell Banker Folsom Office

Friday, February 9, 2007

11:30 am-1:30 pm


Map and Address Location

605 Coolidge Drive #100
Folsom, California

Kindly RSVP at 916.355.0202

Hosted by Coldwell Banker Folsom

Refreshments, appetizers and door prizes will be provided.

Coldwell Banker

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

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Tips for Sellers in a Cooling Market

A drop-off in buyer demand and rising home inventories has made putting a house on the market trickier for homeowners whose properties appreciated during the boom and who hope to retain their gains. Attracting a shrinking pool of buyers without losing too much financial ground can be tough. To make the most of your real-estate dollars, follow these tips:

1. Know the playing field. Study your local market and investigate other homes for sale, local asking prices and what buyers are paying. Visit open houses in your area. Be savvy to market trends and how what things are worth.

2. Price competitively. Because of the growing number of properties on the market, buyers have a greater number of homes from which to choose. If a home is overpriced, a buyer will dismiss it and move on to the next one. Consult with your real estate agent on an appropriate price

3. Don't be quick to pass up offers. The longer your house takes to sell, the more money you lose. Don't be quick to turn down an offer, because making a deal now, instead of later, can save you money in the end.

4. Negotiate. Offer concessions, such as making minor fixes. Small expenditures, by possibly speeding a sale, can go a long way in preserving the substantial home-price gains.

5. Play up assets. Now that there are more properties on the market, sellers must impress buyers. The strategy is to allow a new owner to imagine himself in the home. Remove clutter. Pay for some inexpensive landscaping. Determine what the popular "look" is in your neighborhood and mimic it.
Tips for Sellers in a Cooling Market—excerpted from WSJ.com

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

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7 Savings Strategies for 2007!

Like many people today, you may find "too much month left at the end of your money"—especially after the holidays. Implementing both short and long-term strategies to strengthen your family’s economic foundation this year makes good cents (and dollars, too!)

1. Don't take your bills at face value.
Too often we assume our credit card bills are accurate and pay them without taking a good look at the detail. It's smart to spend some time each month ensuring the itemized charges on your bills are legitimate. Many consumers find that they have been double-billed, fraudulently charged or have questionable entries—especially following the holidays.

2. Check the fine print. Before moving your high-interest credit card balances to one of the "all new low-interest cards" featured to save you from holiday debt, be sure to check the fine print. Many of these "deals" come with hidden clauses that escalate your interest rates astronomically if you fall behind or are late making even one payment.

3. Know your options. Telephone and cable companies are forever adding to and changing their service options. Routinely contact your service providers to find out what options are available to you. Eliminating services or channels you don’t need could make the savings "connection" you are looking for.

4. Look into refinancing. With today's low interest rates, mortgage refinancing is on the rise again. Contact me or your mortgage professional to find out how you can save on your monthly mortgage while still building for your financial future.

5. Update insurance policies. Call your auto and homeowner's insurance agents to find out what policy changes you can make to lower your monthly debt. Raising your auto deductibles on collision to at least $500, especially on older vehicles, may help. For mortgages, see if raising your deductibles will help your monthly costs, as well.

6. Become a savvy grocery shopper. Even if you are not a "coupon clipper," you can save on your weekly grocery bill by planning ahead and making a list.

7. Do a home energy check. Check your home for energy savers such as setting your thermostat at 78 degrees, setting your water heater to 120-140 degrees, setting your refrigerator at 38 degrees and setting your freezer at 10 degrees. Also have your home checked for the proper insulation. A small investment in the right insulation now will save you thousands in air conditioning and heating costs over the lifetime of your home.
7 Savings Strategies for 2007 – excerpted from ProspectsPLUS

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

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Easy Valentine Sandwich Cookies


This recipe makes 17– 3" sandwich cookies and 17 - 1 1/2" heart shaped cookies.

You'll need a 3-inch heart shaped cutter and a 1 1/2-inch heart shaped cutter.

INGREDIENTS
1 cup butter
1 1/2 cups confectioners' sugar
1 egg
1 teaspoon vanilla extract
1/2 teaspoon almond extract (optional)
2 1/2 cups all-purpose flour
1 teaspoon baking soda
1 teaspoon cream of tartar
Pink frosting or red jam

DIRECTIONS
1. In a large bowl, cream together butter and confectioners' sugar.

2. Beat in egg, vanilla and almond extract. Mix well. In a medium bowl, stir together flour, baking soda and cream of tartar; blend into the butter mixture. Divide dough into thirds and shape into balls. Working with 1/3 of dough at a time, roll out dough into desired thickness on a lightly floured surface. For each heart sandwich cookie, cut out 2 3-inch hearts.

3. Cut out the center of ONE of the 3-inch hearts with the 1 1/2-inch cutter.

4. Place each piece separately on an un-greased cookie sheet, 1 - 2 inches apart. Bake in a preheated, 350 degrees F (175 degrees C) oven until lightly browned (7-8 minutes for 1/4 inch thick cookies). Cool completely on wire rack. Frost bottom cookie with pink frosting or red jam and place an open centered cookie on top to form the sandwich. Also frost the small 1 1/2 inch hearts and serve as separate cookies.


For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

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Check This Out 2


For Valentines Day or any occasion — Customize your own M&Ms and express your heartfelt feelings in chocolate!

www.MyMMs.com Custom Print

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

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Homes Sales Prices - December 2006

If you are thinking of buying or selling a home in the near future, or know someone who is, please call for a personal interview and property assessment with no obligation.

Home Sale Price Medians by City for December 2006
County/City/Area# SoldDec-06Dec-05% Change
SACRAMENTO COUNTY1642$352,168.00 $387,000.00 -9.00%
ANTELOPE68$388,250.00 $359,500.00 8.00%
CARMICHAEL49$378,500.00 $396,000.00 -4.42%
CITRUS HEIGHTS98$315,000.00 $341,500.00 -7.76%
ELK GROVE278$421,250.00 $487,000.00 -13.50%
ELVERTA8$345,000.00 $302,500.00 14.05%
FAIR OAKS52$421,500.00 $388,750.00 8.42%
FOLSOM116$450,000.00 $507,500.00 -11.33%
GALT35$375,000.00 $400,000.00 -6.25%
MATHER5$357,000.00 $414,250.00 -13.82%
NORTH HIGHLANDS25$266,500.00 $285,000.00 -6.49%
ORANGEVALE31$327,000.00 $410,000.00 -20.24%
RANCHO CORDOVA87$415,000.00 $443,000.00 -6.32%
RIO LINDA16$299,000.00 $340,000.00 -12.06%
SACRAMENTO746$325,500.00 $339,000.00 -3.98%
SLOUGHHOUSE11$475,000.00 $484,250.00 -1.91%
WILTON12$780,545.00 $1,124,000.00 -30.56%
EL DORADO COUNTY204$451,250.00 $499,500.00 -9.66%
CAMINO7$370,000.00 $386,250.00 -4.21%
COOL4$380,500.00 $485,000.00 -21.55%
DIAMOND SPRINGS3$355,000.00 $335,000.00 5.97%
EL DORADO HILLS69$605,500.00 $634,250.00 -4.53%
PLACERVILLE26$327,500.00 $340,000.00 -3.68%
POLLOCK PINES11$293,000.00 $354,000.00 -17.23%
RESCUE5$770,000.00 $607,000.00 26.85%
SHINGLE SPRINGS34$432,000.00 $430,000.00 0.47%
SOUTH LAKE TAHOE42$451,500.00 $462,500.00 -2.38%
PLACER COUNTY607$430,000.00 $510,250.00 -15.73%
AUBURN38$435,000.00 $461,500.00 -5.74%
COLFAX7$500,000.00 $410,000.00 21.95%
FORESTHILL3$382,000.00 $410,000.00 -6.83%
GRANITE BAY18$752,500.00 $785,000.00 -4.14%
KINGS BEACH2$570,000.00 $581,750.00 -2.02%
LINCOLN171$417,500.00 $518,500.00 -19.48%
LOOMIS9$447,000.00 $510,000.00 -12.35%
MEADOW VISTA2$667,500.00 $578,750.00 15.33%
NEWCASTLE2$439,500.00 $579,000.00 -24.09%
OLYMPIC VALLEY2$840,000.00 $1,115,000.00 -24.66%
ROCKLIN103$468,681.00 $505,000.00 -7.19%
ROSEVILLE231$405,000.00 $468,000.00 -13.46%
TAHOE CITY5$372,000.00 $445,000.00 -16.40%
TAHOE VISTA2$678,500.00 $435,000.00 55.98%


For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

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