Showing posts with label Tahoe Park. Show all posts
Showing posts with label Tahoe Park. Show all posts

Tuesday, December 2, 2025

Sacramento’s City of Trees… and Tree Roots: Why Every Homebuyer Needs a Sewer Line Camera Inspection...

Buying a home in Sacramento comes with all the usual emotions: excitement, nerves, the constant mental math of “will my sectional sofa fit in the living room?” But there’s one very unglamorous thing home buyers here absolutely have to think about… and it lives underground. 

Sacramento didn’t earn the nickname "City of Trees" by accident. Those towering elms, oaks, and sycamores make our neighborhoods absolutely gorgeous. They also make us, as one local plumbing company jokes in a recent TV ad campaign, Sacramento is also the "City of Tree Roots".  And if there’s one thing tree roots love more than sunshine and soil, it’s old sewer lines. 

A lot of Sacramento’s homes were built decades ago, long before ABS plastic pipes were the material of choice for sewer lines. It is common to find that buried sewer lines are made of cast-iron, clay, cement, or orangeburg pipe. Not surprisingly, time takes its toll on these materials. Small cracks appear. Joints loosen. And the moment a thirsty tree root senses even the tiniest bit of moisture, it makes a beeline straight for the buried sewer. 

The result: tree roots in a sewer line cause blockages, slow drains, or in the worst cases, full-on sewer line failures that cost lots of money to fix. The tricky part is that everything inside the house can look perfect. The paint is fresh, the kitchen sparkles, and the backyard feels like a little urban oasis. Meanwhile, eight feet underground, a root could be strangling that aged sewer pipe. And waste may flow through an obstructed sewer line and the homeowner may never notice an issue...until maybe a *flushable wipe* (umm, please NEVER flush a flushable wipe!!) gets caught up on the root and sewage backs up into the house.

This is why a sewer camera inspection is WORTH EVERY PENNY. A plumber feeds a small scope with a camera through the home’s main sewer line, and in a matter of minutes you get crystal-clear look at what’s going on down there. It's like a colonoscopy for your home. Roots, cracks, bellies (spots that lack proper slope) in the line, buildup… all stuff you can’t see during a regular home inspection but absolutely should know about before you buy. 

Replacement of a line can be expensive...and I have negotiated A LOT of sewer line repairs and sewer replacements in my time as a Realtor.

If you are thinking about buying a home in an older Sacramento neighborhood -- in areas such as Arden-Arcade, Arden Park, Carmichael, Del Dayo, Sierra Oaks, Fair Oaks, East Sac, Land Park, Curtis Park, Tahoe Park, Hollywood Park, Folsom, Orangevale, or Rancho Cordova -- this is especially important. But I also strongly recommend having any sewer line inspected no matter what age the home is.

Given our tree canopy, skipping this inspection in Sacramento is kind of like buying a car without giving it a test drive. Often, things are fine. Perhaps a prior owner replaced or repaired the line... but when there are issues, things get expensive fast. A simple sewer camera inspection can save you thousands of dollars and future inconvenience, not to mention the heartbreak of a sewer backup two weeks after move-in day. If you’re buying a home in Sacramento, especially in an older neighborhood, be sure to invest in a sewer line inspection. 

Friday, August 11, 2023

I have added the NAR GREEN designation to my credentials...

I am happy to have added the National Association of REALTORS “GREEN” designation to my credentials — this one will help me provide resources to clients to improve the performance of their homes— from low-cost fixes and DIY projects, to retrofitting and replacing systems, to big budget remodeling projects, etc.

Friday, April 28, 2023

Just Listed - 3852 Kroy Way, Sacramento, CA 95820 (Tahoe Park)

Well-maintained, this 3 bedroom, 1.5 bathroom, 1,173sf Tahoe Park Charmer is ready for a new owner! You will love the open, light and bright floorplan. Enter to find a lovely living room with cozy fireplace and picture window overlooking the front yard. The living room opens to a stunning remodeled and enlarged kitchen with white cabinets, stainless steel appliances, stone counters, a second prep sink, a center island, and marmoleum floors. Original wood floors throughout the living areas. Front bedroom has ensuite updated half bathroom. Large hallway bedrooms, and remodeled hallway bathroom with tiled tub/shower combo. French doors and dual-pane windows add to the home's energy efficiency and charm. Inside laundry, and an oversized one-car garage with lots of extra storage space. The long gated driveway provides ample off-street parking. Situated on an enormous lot with mature trees, this home is perfect for outdoor entertaining, and has LOTS of space to garden, tend to chickens, or play! Location is within close proximity to parks, schools, shops, restaurants, UCDMC, Sacramento State University, public transportation, and easy freeway access with a straight shot to Downtown. Don't wait! Offered at $529,900. For more photos, detail, and a 3D virtual tour, please visit 3852 Kroy Way, Sacramento, CA 95820.

Tuesday, January 3, 2023

Do you have a home for these buyers?

Do you have a home for any of these buyers? As 2023 begins, and I have lots of buyers in the market to purchase a home, I thought that perhaps I would send this out to the universe with the hopes that someone thinking about selling might notice that I have a buyer looking for a home that sounds like theirs. It seems to be a common belief right now that with changed real estate market dynamics that nobody is buying -- but that is just FALSE. There are MANY motivated buyers out there, and while listing inventory is above where it has been throughout the pandemic, inventory is still relatively low.

So with that, here is a list of my buyer clients, their price ranges, and basic search criteria. If you are thinking about selling a home or know someone who wants to sell their home who has something like any of these, please do not hesitate to reach out to me - 916-342-1372 or erin@erinstumpf.com. I am happy to see if my clients are a fit for your home and explore next steps, or help you strategize preparing your home for sale.

Buyer A: Carmichael, Fair Oaks, Arden/Arcade - this buyer is looking for a minimum of 3 bedrooms, 2 bathrooms, and a minimum of about 1200sf. They would prefer a home that is updated and are not in the market for a fixdr. They'd love a larger-ish yard (like .18ac or above) and a pool would be a bonus. They are well-qualified for a conventional loan up to about $650,000.

Buyer B: Rosemont, College Greens, Rancho Cordova - this buyer is looking for a single level 4 bedroom, 2 bathroom home under 2,000sf. Specifically they want an updated kitchen that opens to the living space. They do not want any interior stairs/steps and specifically do not want a swimming pool. They are well-qualified for a conventional loan up to about $550,000.

Buyer C: Land Park, Hollywood Park, East Sacramento, Med Center, Tahoe Park, Woodlake, South Land Park - this buyer is looking for a 3 bedroom, ideally at least 2 bathrooms. They would also love something updated and turn key. They are well-qualified for a conventional loan up to about $600,000.

Buyer D: Carmichael, Arden/Arcade, Fair Oaks, Citrus Heights - this buyer is specifically looking for a turn-key single-level small home, half-plex, or a condo, and it must have at least 1.5 or preferrably 2 bathrooms, an enclosed private garage space. They are well-qualified for a conventional loan up to about $350,000 (or less if a condo with HOA dues).

Buyer E: Midtown, Downtown, East Sacramento - this buyer is looking for a 2+ bedroom, 1+ bathroom home on the grid that is within a short distance to the state Capitol, restaurants, shops, etc.  They are well-qualified for a conventional loan up to about $550,000.

Buyer F: Oak Park, Tahoe Park, Rosemont, College Greens - this buyer is looking for a 3 bedroom, 2 bathroom home that is not a fixer. Would love an open-floorplan if possible, and an above average sized yard (like .12ac+). They are well-qualified for a conventional loan up to $450,000.

Buyer G: Arden/Arcade, Carmichael - this buyer is looking for a 3 bedroom, 2 bathroom single story home of a maximum of 1800sf. They would prefer something turn-key and would love an open floorplan. They do not want to be on or adjacent to a busy street and would prefer to be within a short walk (less than a half mile) of a dog park. They are well-qualified for a conventional loan up to $750,000.

Buyer H: Swallows Nest in Natomas: Needs to be turn-key, single level. Likely an all-cash purchase up to around $500,000.

Buyer I: Folsom: this buyer is looking for a turn-key minimum 3 bedroom, 2 bathroom home 1,400sf+, in a neighborhood within one of the following elementary school boundaries -- Gallardo, Empire Oaks, Oak Chan, or Gold Ridge. Ideally this home will be updated, and located in a neighborhood with mature trees. They are well-qualified for a VA loan up to $700,000.

Again if any of these sound like you or someone you know, please drop me a line!

Tuesday, December 28, 2021

Do you have a home for any of these buyers?

Do you have a home for any of these buyers? As 2021 comes to its exciting conclusion, and our Sacramento real estate market at basically record-low inventory (still), I thought that perhaps I would send this out to the universe with the hopes that someone thinking about selling might notice that I have a home buyer looking for a home that sounds like theirs. So with that, here is a list of my buyer clients, their price ranges, and basic search criteria. If you are thinking about selling a home or know someone who wants to sell their home who has something like any of these, please do not hesitate to reach out to me - 916-342-1372 or erin@erinstumpf.com. I am happy to see if my clients are a fit for your home and explore next steps, or help you strategize preparing your home for sale. 

Buyer A: Carmichael, Arden/Arcade - this buyer is looking for a minimum of 3 bedrooms, 2 bathrooms, and about 1200sf. They do not mind something that needs a little updating and are not scared by a fixer property. They'd love a smallish, low-maintenance lot (like .15ac or less, ideally). They are well-qualified for a conventional loan up to about $450,000. 

Buyer B: Carmichael, Arden/Arcade, Fair Oaks - this buyer is looking for a single level 3 bedroom, 2 bathroom home under 2,000sf that is nicely remodeled. Specifically they want a remodeled kitchen that opens to the living space. They specifically do not want a swimming pool. They'd love a lot that already has a shed/workshop or space to build one. They are well-qualified for a conventional loan up to about $750,000. 

Buyer C: Land Park, Hollywood Park, East Sacramento, Med Center, Tahoe Park - this buyer is looking for a 2 bedroom, ideally at least 1.5 bathrooms (2 full preferred). They do not mind something that needs a little updating, but would also love something updated and turn key. They are well-qualified for a conventional loan up to about $700,000. 

Buyer D: Carmichael/Del Dayo - this buyer is specifically looking for the Del Dayo neighborhood or very close to it, to be within the school boundaries of Del Dayo Elementary. They are looking for a minimum of 3 bedrooms, 2 bathrooms, 1600sf, and would love a built-in pool or a pool-sized yard that can accommodate a future pool. They do not mind a fixer. Their budget is around $675,000. 

Buyer E: Sacramento neighborhoods south of 50, east of Hwy 99 as far south as Florin Road - this buyer is looking for a 3 bedroom, 2 bathroom single family home (not a halfplex). Ideally not a fixer. They are well-qualified for a conventional loan up to about $400,000.

Buyer F: West Sacramento/Southport - this buyer is looking for a home in the Bridgeway Lakes community that is 4 bedrooms, 3  bathrooms, and 2700sf or more. They are well-qualified for a conventional loan up to about $650,000. 

Buyer G: Midtown, Downtown, East Sacramento - this buyer is looking for a 4+ bedroom, 2+ bathroom, 2,400sf+ home on the grid that is within a short distance to the state Capitol, restaurants, shops, etc. Ideally it is a higher density home or condo that is newer construction or significantly remodeled. It must have a garage and at least a small ground-level patio yard. Electric vehicle charger is a plus. They are well-qualified for a conventional loan up to about $1.3M. 

Buyer H: Oak Park, Tahoe Park, Rosemont, College Greens - this buyer is looking for a 3 bedroom, 2 bathroom home that is not a fixer. Would love an open-floorplan if possible, and an above average sized yard (like .12ac+). They are well-qualified for a conventional loan up to $450,000.

Buyer I: Arden/Arcade, Carmichael - this buyer is looking for a 3 bedroom, 2 bathroom home of a minimum of 1600sf. They would prefer something turn-key and would love an open floorplan. They do not want to be on or adjacent to a busy street. They are well-qualified for a conventional loan up to $700,000.

Buyer J: Rocklin, Roseville - this buyer is looking for a turn-key/modern or renovated minimum of 3 bedroom, 2 bathroom, and 1800sf or larger home single story gated community. Must have a formal entryway and an open floorplan. 55+ active adult community would be a plus. A beautiful view would also be a plus. Cash buyer, budget is up to about $1.2M.

Buyer K: Arden/Arcade, Carmichael - this buyer is looking for a small studio or one bedroom condo. Must have indoor laundry in the unit. Ideally ground level entrance and single level unit. Needs to be turn-key. They are well-qualified for a conventional loan up to $200,000.

Again if any of these sound like you or someone you know, please drop me a line!

Wednesday, December 1, 2021

New Listing - 4342 73rd Street, Sacramento, CA 95820

Amazing, recently renovated 4 bedroom, 2 bathroom, 1918sf Colonial Acres home on HUGE approximately 0.44ac lot. This serene setting feels secluded but is still close to all the fun urban hot spots! You will be WOWed by unmatched style and features! Step inside to find a formal living room, adjacent formal dining area. Lots of sunny windows spill natural light. New kitchen with oversized gas range and quartz counters overlooks backyard and family room! Huge pantry/utility room has lots of extra storage and food prep space. Large hallway bedrooms and remodeled hallway bathroom! Sunny den/4th bedroom/zoom room. Enviable primary suite features a large walk-in closet, stunning ensuite bathroom. HUGE park-like backyard has a variety of spaces to enjoy coffee and conversation or dine al fresco on a crisp evening. Lots of sunny spaces to tend to the garden, or play. Serene areas shaded by tree canopy. Storage shed, chicken coop, RV access for your toys. Composition roof, central HVAC, dual pane windows, laminate and tile flooring throughout. All this located near schools, parks, restaurants, UC Davis Medical Center, CSUS & more. Don't wait! MLS# 221134072. Offered at $549,900. For more photos, a 3D virtual tour, and more detail, please visit 4342 73rd Street, Sacramento, CA 95820.

Wednesday, July 7, 2021

New Listing - 2717-2719 59th Street, Sacramento, CA 95817

Great investment property opportunity awaits you in Tahoe Park! Convenient, high-demand location in an ideal spot -- just a quick hop skip and a jump from Tahoe Park and its playground, sports fields, and swimming pool AND on a road that is quick jaunt directly into East Sac! The best of both worlds! Front unit is a 2 bedroom/1 bathroom floorplan, with central heat & air, big bedrooms, spacious living and dining areas, wood floors, lots of closet space, and indoor laundry hookups. The rear unit is 2 bedrooms/1 bathroom, formal entry area, wood floors, big bedrooms, central heat & air, large private/fenced backyard with lots of sunny space to garden. Detached 2-car garage has 2 separated parking bays, and a side storage closet area. Property backs up to the 59th Street-2nd Avenue Alley! The possibilities are endless. Close proximity to public transportation, shopping, restaurants, schools, freeways, Sac State, UCDMC, the future planned development at Aggie Square, and more! Don't wait! Inspection reports and income/expense information available. Offered at $449,900. For more photos and detail, please visit 2717-2719 59th Street, Sacramento, CA 95817.

Friday, May 21, 2021

New Listing - 2735 59th Street, Sacramento, CA 95817

Tahoe Park 3 bedroom, 1 bathroom, 1,111sf cutie! Location location location - this adorable fixer property is in an ideal spot -- just a quick hop skip and a jump from Tahoe Park and its playground, sports fields, and swimming pool AND on a road that is quick jaunt directly into East Sac! The best of both worlds! This is the perfect blank canvas for your renovation. You will love the light and bright floorplan, updated kitchen, three spacious bedrooms, indoor laundry room, wood floors, and central heat and air. Large shed is great for storage. Huge backyard with lots of sunny space to garden or play. Backs up to the 59th Street-2nd Avenue Alley! Sewer line was replaced in 2020. The possibilities are endless. Close proximity to public transportation, shopping, restaurants, schools, freeways, UCDMC, the future planned development at Aggie Square, and more! Don't wait! Offered at $399,900. For more photos and details visit 2735 59th Street, Sacramento, CA 95817.

Wednesday, April 14, 2021

New listing - 3481 64th Street, Sacramento, CA 95820

Tahoe Park 2 bedroom, 1 bathroom, 1027sf cutie! Location location location - this adorable fixer property is in an ideal spot just a hop skip and a jump from Tahoe Park and its playground, sports fields, and swimming pool! This is the perfect blank canvas for your significant renovation. You will love the light and bright floorplan, dual pane windows, two spacious bedrooms, indoor laundry room, large sunny bonus room. Oversized garage. Large lot! The possibilities are endless. Close proximity to public transportation, shopping, restaurants, schools and more! Don't wait! Offered at $349,900. Available disclosures include a termite inspection and floorplan sketch. For more photos and detail visit 3481 64th Street, Sacramento, CA 95820.

Wednesday, March 18, 2020

Sacramento City Council approves a temporary moratorium on tenant evictions relating to hardships caused by COVID-19

Our local elected leaders, responding to calls from tenant advocates to provide relief to renters experiencing hardship related to our current public health situation, enacted an ordinance aimed at preventing renter displacement.

Last night, the Sacramento City Council approved a temporary moratorium on tenant evictions relating specifically to COVID-19. Keep in mind, this applies to all residential rental units within the city limits of the City of Sacramento.

Details of the new ordinance:

  • Effective Immediately, but not retroactively applied if tenant was already delinquent in rent
  • Moratorium applies to evictions due to nonpayment of rent due to COVID-19
    • Tenant was sick or caring for COVID-19 family member 
    • Tenant experience layoff or other income reduction associated with COVID-19 
    • Tenant’s compliance with a recommendation from a government agency to stay home, self-quarantine, or avoid congregating 
    • Tenant needed to miss work to care for a home-bound school-aged child 
  • Tenant must do all of the following: 
    • Notify landlord in writing before rent is due that the tenant has a valid reason for delayed payment 
    • Provide verifiable documentation of a covered reason 
    • Pay the portion of rent the tenant is able to pay 
  • Tenant has 120 days after the termination of the Sacramento County public health emergency order to pay landlord all unpaid rent. 
    • Landlord and Tenant may voluntarily agree to an alternate timeline for payment of rent due in arrears. 
Here is a link to a Delay in Payment Notification Form provided by the City of Sacramento.
The County of Sacramento has not taken similar action as of now, nor have the other cities within Sacramento County.

Thursday, February 21, 2019

Planning to sell a home that one of my buyers may like?

It's mid-February in Sacramento. And, like our seasonal real estate cycles typically predict, it is that wonderful time of the year when home buyers really get motivated to buy, and sellers start to prep their homes for sale...the perfect storm when buyers are ready to go, but there is not quite yet an abundance of housing inventory on the market for buyers to choose from. Which brings me to today's post...do you have a home that you would like to sell that my buyers would like to buy? I am working with some really well-qualified (pre-approved!), amazing people...

Buyer A
Seeking a home in the Arden / Arcade, Carmichael, or Fair Oaks areas. In a perfect world, the property would have 3 bedrooms, 2 bathrooms, 1600sf or larger, a built-in pool, AND an Accessory Dwelling Unit for a multi-generational situation. An ADU is also commonly referred to as a "granny flat", "in-law unit", or "studio". A home with room to add an ADU may also work, or they are also willing to retrofit some existing space to create an ADU. They are pre-approved up to $500,000.

Buyer B
Seeking a home in the Tahoe Park, Tallac Village, Hollywood Park, or surrounding areas. Ideally the property would be a 2 bedroom, 1 bathroom home of 900sf or larger, be pretty turn-key and not need a lot of work, but this buyer would happily do some minor repairs, replace flooring and paint if need be. This buyer is pre-approved up to $335,000.

Buyer C
Seeking a home in the East Sacramento, Land Park, or Midtown Sacramento areas. They would prefer something with architectural character that is walkable. They are down-sizing and a 2 bedroom, 1 bathroom home of 1200sf+ would be great. A second bathroom would be a bonus. Ideally the home has an open layout where the kitchen is open to the living area. A garage is a must, and they'd also love a basement too but that is not required. They are pre-approved up to $600,000.

Buyer D
Seeking a home in the South Land Park, Pocket / Greenhaven, or Little Pocket areas. They would love a 4 bedroom home, but are also fine with a 3 bedroom, 2 bathroom home of at least 1200sf. A half-plex would also be ok too. The house must have a decent-sized yard for their soon-to-be adopted dog. They are pre-approved up to $350,000.

Buyer E
Seeking a newer home (2014 or newer, but not new construction) in Roseville or Rocklin areas at least 4 bedrooms, 2.5 bathrooms, and 2000sf+, and with a good-sized yard (aka, larger than just a patio). They are doing a tax-deferred 1031 Exchange and are all cash buyers. By the rules of their exchange, they need to spend a minimum of $500,000 and a max of $550,000.

So anyway, if you own a home something like what I have described here and are thinking about selling it, drop me a line at erin@erinstumpf.com or 916-342-1372! My buyers would love to hear about it. And if it is not a great fit for one of them, I can help you prep your home for sale and list your home as well.

Tuesday, January 1, 2019

2018 - review of my real estate transaction statistics and how I compare to Sacramento market averages...

I ended last year with a bang, and had a busy start to 2018. I can't believe the year is over already! And what a year it was...it was one of my busiest years ever in my 13+ years in Sacramento real estate and did so while finishing my master's degree.

I like to track the statistics of my transactions, and toward the year end I always reflect on what I have done, how I compare to the rest of the agents in the market, and how I can improve. So as a follow up to my similar post last year, I thought I would publish some statistics and my thoughts on the coming year. Keep in mind, I am not a part of a "team" and this is all my own production. This year, all of my transactions are in Metrolist MLS, so this information is easily verifiable (although one sale was erroneously attributed to me that is not included in here)...in 2018:

-I closed 36 transactions and closed $14,473,000 in volume. My lowest transaction was $190,000, and my highest transaction was $749,900. The average was $402,028 and the median was $376,050.
-41.67% of my transactions were past/repeat clients (which is amazing to me!) 58.33% were new clients.
-94.4% of my transactions were residential properties (condos, single family homes), 5.6% were multi-family properties (duplexes, triplexes, fourplexes), and 0 were other (commercial, land).
-58.3% of my transactions I represented the seller, while 41.61% of my transactions I represented the buyer.
-My typical residential listing sold for an average of 100.56% of its original listing price (meaning, 0.56% over the original listing price) in just 17 cumulative days on the market. The distinction of original and cumulative is important...original means even after a price reduction from the initial listing price, and cumulative means even if a property is re-listed or comes back on the market.
-My typical multi-family listing sold for an average of 108.7% of its original listing price (8.7% over the listing price) in just 2 cumulative days on the market.
-My typical listing had an average of 4.14 buyer offers on it! (For further disclosure though, one listing really skewed this statistic and had 23 offers on it alone...removing that one, then it becomes an average of 3.2 buyer offers)

Comparing my production statistics to the overall Sacramento real estate market averages, my clients and I had another stellar year.

For one, to qualify for the Sacramento Association of Realtors Masters Club, a realtor must close $5M in transaction volume and a minimum of 8 closed transactions. Clearly I blew those numbers out of the water. I would guess that with 36 closed transactions and nearly $14.5M in volume I am likely in the top 1-2% of all agents in greater Sacramento.

My clients are all over the spectrum from first-time buyers, move-up buyers (those who sell their home and then purchase another home), investors, sellers of property they inherited via a trust or probate, sellers retiring and moving out of the area, sellers divorcing, etc. My average and median transactions at $402,028 and $376,050 are basically in line with the average and median home prices in the Sacramento region according to Trendgraphix data. My high and low range indicates I work with a broad economic client spectrum as well, from those working with downpayment assistance to those among top-income earners in the region. I closed just one short sale listing in 2018, and I also did list one foreclosure/bank repo. Distressed properties are a very small part of the marketplace right now though 5 or so years ago they were the bulk of my transactions.

My listing statistics are also excellent...according to Trendgraphix for Sacramento County, the lowest average days on market for a single family listing in the last 14 months was 23 days on market (with a high of 41 days on market), versus my listings at 17 cumulative days on market. My original listing price versus final selling price ratio is also outstanding as my listings sell for 100.56% above original listing price on average, versus the highest month of the last 14 months at 100% (lowest at 96%). I think these numbers are indicative of my strategic approach to listing property -- complete with pre-listing inspections, staging, repairs, professional photography, 3D virtual tours, TV ads, and multi-faceted marketing.

Comparing 2017 to 2018, the market went from crazy nuts to a little more balanced between buyer and seller. This, as far as I am concerned, is a welcome change and brings a slightly more equitable transaction between buyer and seller. Sellers need to price according to the market, and buyers won't have to offer their first born to actually have their offers accepted.

 It is a good thing for buyers not to be faced with such intense competition from other buyers -- though don't get me wrong: properly marketed, appropriately priced, good homes still sell with plenty of competition and offers.

Of course I hope to improve these numbers this year in 2019...so we shall see how that shapes up! If you think we would be a good fit to work together toward your next property sale or purchase, I welcome your contact via phone or email.

Monday, September 17, 2018

Tuesday, July 31, 2018

New Listing - 5630 35th Avenue, Sacramento, CA 95824

Adorable 2 bedroom, 1 bathroom, 1,213sf Fruitridge Manor home is the perfect blank canvas for your personal touches, and is ready for a new owner. Lovingly maintained by the same family for many years, you will appreciate the wood floors, large kitchen with double oven, separate living and family rooms, fireplace with gas starter, and spacious bedrooms. Backyard offers both sunny and shady spaces to garden and play and a shed for additional storage. Close proximity to shopping, public transit, CSUS, and more. Probate sale. Offered at $249,900. Don't wait! For more photos and information please visit 5630 35th Avenue, Sacramento, CA 95824. MLS#18047865

Wednesday, April 18, 2018

New Listing - 2760 63rd Street, Sacramento, CA 95817

Adorable updated 3 bedroom, 1 bathroom, 1,292sf Tahoe Park home! You will love the vintage charm coupled with newer amenities. Spacious layout, freshly refinished wood floors, recently painted interior and exterior, remodeled kitchen with granite counters and newer appliances, plus a formal dining area, and a remodeled bathroom. Lots of storage space. Enclosed breezeway offers extra space to entertain or play and connects to a large two-car garage. Located in close proximity to restaurants, breweries, UCDMC, K-12 schools, and Sac State. Offered at $399,000. Don't wait! For more photos and information visit 2760 63rd Street, Sacramento, CA 95817. MLS#18021825

Tuesday, January 2, 2018

The monthly costs of renting a home versus buying a home in Sacramento - how do they compare?

I have kicked off the beginning of the last few years with blog posts about the costs of renting versus buying a home in Sacramento. It's not a big secret that apartment and single family home rents in Sacramento are increasing. According to a recent article from the Sacramento Bee, rents in Sacramento from mid-2016 to mid-2017 increased on average 9.9%.

Last year, many of my clients stated one of their reasons for buying a home was, among many other things, so they could take more control over their monthly housing expenses. Many figured that if they remained renters, they would potentially have to deal with regular rent increases, and if they purchased their home the monthly mortgage would be a fixed expense. Additionally in many cases, the cost of purchasing a home is actually less than the cost of rent.

So today, as I have before, I thought I would break down a few home purchase scenarios by zip code. 
  • The rental rate data I refer to is the average for a 3-bedroom single family home according to Rent-o-Meter, which compiles rental data from around the United States from a variety of sources. I also note the "80% range". So keep in mind there are lower rents in the range, as well as higher rents, however those are probably "outliers" and that range captures the majority of where rents fall.
  • The median home price data I refer to is from November 2017 (most recent data available) per Trendgraphix, which compiles Metrolist MLS home sales data.
  • For estimating the monthly payment, I am using today's market interest rates - which according to Freddie Mac, the average rate for last week in the nation for a 30-year fixed mortgage was 3.99% (rounded up to 4%). The monthly payment will be the "fully loaded" payment with principal, interest, property taxes and homeowners insurance (and mortgage insurance if applicable).


    Carmichael - 95608
    Median single family home price: $374,000
    Average rent for a 3 bedroom home: $1,784 (80% range $1,395 - $2,195)
    30-Year Fixed VA Loan (zero downpayment): $2,237
    30-Year Fixed FHA Loan (3.5% downpayment): $2,419
    30-Year Fixed Conventional Loan (10% downpayment): $2,233
    30-Year Fixed Conventional Loan (20% downpayment): $1,895

    Citrus Heights - 95610
    Median single family home price: $325,000
    Average rent for a 3 bedroom home: $1,756 (80% range $1,450 - $2,100)
    30-Year Fixed VA Loan (zero downpayment): $1,944
    30-Year Fixed FHA Loan (3.5% downpayment): $2,111
    30-Year Fixed Conventional Loan (10% downpayment): $1,931
    30-Year Fixed Conventional Loan (20% downpayment): $1,647

    Orangevale - 95662
    Median single family home price: $368,000
    Average rent for a 3 bedroom home: $1,792 (80% range $1,525 - $2,000)
    30-Year Fixed VA Loan (zero downpayment): $2,202
    30-Year Fixed FHA Loan (3.5% downpayment): $2,382
    30-Year Fixed Conventional Loan (10% downpayment): $2,187
    30-Year Fixed Conventional Loan (20% downpayment): $1,865

    Elk Grove - 95758
    Median single family home price: $380,000
    Average rent for a 3 bedroom home: $1,724 (80% range $1,550 - $1,950)
    30-Year Fixed VA Loan (zero downpayment): $2,273
    30-Year Fixed FHA Loan (3.5% downpayment): $2,457
    30-Year Fixed Conventional Loan (10% downpayment): $2,258
    30-Year Fixed Conventional Loan (20% downpayment): $1,926

    Land Park / Curtis Park - 95818
    Median single family home price: $486,000
    Average rent for a 3 bedroom home: $2,313 (80% range $1,725 - $3,000)
    30-Year Fixed VA Loan (zero downpayment): $2,907
    30-Year Fixed FHA Loan (3.5% downpayment): $3,124
    30-Year Fixed Conventional Loan (10% downpayment): $2,888
    30-Year Fixed Conventional Loan (20% downpayment): $2,463

    Tahoe Park / Tallac Village / Colonial Heights - 95820
    Median single family home price: $260,000
    Average rent for a 3 bedroom home: $1,568 (80% range $1,295 - $2,000)
    30-Year Fixed VA Loan (zero downpayment): $1,555
    30-Year Fixed FHA Loan (3.5% downpayment): $1,702
    30-Year Fixed Conventional Loan (10% downpayment): $1,545
    30-Year Fixed Conventional Loan (20% downpayment): $1,318

    Rosemont / College Greens - 95826
    Median single family home price: $325,000
    Average rent for a 3 bedroom home: $1,652 (80% range $1,450 - $1,900)
    30-Year Fixed VA Loan (zero downpayment): $1,944
    30-Year Fixed FHA Loan (3.5% downpayment): $2,111
    30-Year Fixed Conventional Loan (10% downpayment): $1,931
    30-Year Fixed Conventional Loan (20% downpayment): $1,647

    Pocket / Greenhaven - 95831
    Median single family home price: $406,000
    Average rent for a 3 bedroom home: $1,835 (80% range $1,550 - $2,213)
    30-Year Fixed VA Loan (zero downpayment): $2,429
    30-Year Fixed FHA Loan (3.5% downpayment): $2,620
    30-Year Fixed Conventional Loan (10% downpayment): $2,413
    30-Year Fixed Conventional Loan (20% downpayment): $2,058

    Arden / Arden Park / Sierra Oaks - 95864
    Median single family home price: $460,000
    Average rent for a 3 bedroom home: $1,775 (range $1,395 - $2,695)
    30-Year Fixed VA Loan (zero downpayment): $2,752
    30-Year Fixed FHA Loan (3.5% downpayment): $2,960
    30-Year Fixed Conventional Loan (10% downpayment): $2,743
    30-Year Fixed Conventional Loan (20% downpayment): $2,331

    These numbers are just a baseline to give you an idea of housing affordability in certain areas, and where it might make sense to purchase versus continue to rent. There are other tangible and intangible benefits to homeownership as well. For example, you may be able to deduct mortgage interest, property tax, and other expenses on your annual income tax return (consult your CPA). Additionally as a homeowner, you will have the freedom to decorate as you choose, plant a garden, remodel, and customize your home in other ways that might not make sense as a renter. I picked these zip codes at random...if there is another area that interests you, I would be happy to provide information specific to your situation.

Sunday, October 22, 2017

New Listing - 5914 34th Avenue, Sacramento, CA 95824

Cute Fruitridge Manor 2 bedroom, 1 bathroom, 1126sf home! You will love the spacious layout, updated kitchen with tile counters and new flooring, updated bathroom, laminate floors, custom fireplace, wood-beamed ceilings, big bonus room could be 3rd bedroom, home office, or den! Composition roof, central heat and air, water heater, and dual pane windows have all been replaced within the last year. Large detached garage. Big backyard is perfect for entertaining, newly landscaped with a fun fire-pit, and plenty of sunny space to garden or play. Don't wait! Offered at $249,900. For more photos and a 3D tour, please visit 5914 34th Avenue, Sacramento, CA 95824.

Wednesday, September 6, 2017

New Listing - 5333 T Street, Sacramento, CA 95819

Adorable 2 bedroom, 1.5 bathroom, 1,260sf home on Elmhurst's highly sought T Street Parkway! You will love the classic features coupled with the modern amenities. Light and bright floorplan, wood floors, updated kitchen with stainless appliances, dual pane windows, large bedrooms, central heat and air, lots of storage space, detached garage, drought-tolerant front landscape. Huge backyard is the perfect place to entertain with covered outdoor kitchen and fun beer garden area! Close to UCDMC, East Sacramento, parks, restaurants, and more. Don't wait! Offered at $459,900. For more information and a 3D tour, visit 5333 T Street, Sacramento, CA 95819.

Friday, July 28, 2017

New Listing - 5331 11th Avenue, Sacramento, CA 95820

Adorable 2 bedroom, 1 bathroom, 863sf home near Tahoe Park! You will love the modern amenities paired with the original charm - remodeled kitchen with white cabinets, granite counters, stainless appliances and tile flooring, remodeled bathroom with granite counter, tub/shower combo, and tile flooring. Dual pane windows throughout, newer composition roof, newer central heat and air, and more! Low maintenance yard. Short distance to parks, schools, and public transportation. Don't wait! Offered at $309,950. For more information, photos, and a 3D virtual tour, visit 5331 11th Avenue, Sacramento, CA 95820.

Monday, June 5, 2017

New Listing - 2042 58th Street, Sacramento, CA 95817

Adorable 3 bedroom, 2 bathroom, 1,098sf remodeled home near Tahoe Park and Elmhurst! You will love the spacious open layout, remodeled kitchen with granite counters and stainless appliances, wood floors, big bedrooms, large master suite with large walk-in closet. Dual pane windows, shutters, central heat and air, composition roof. Large landscaped backyard, detached garage/bonus room. Close to shopping, schools, parks, freeways, SMUD, Sac State, UC Davis Medical Center, and more! Don't wait! Offered at $599,000. Tenant occupied -- DO NOT DISTURB TENANT. For more information visit 2042 58th Street, Sacramento, CA 95817.