Doing real estate research? Make sure you are reading current information…

While I was doing some short sale negotiation this week, and listening to the zesty cha-cha “on-hold” music for one particular lender I seem to be working with a lot, I decided to take a stroll down memory lane and read some of my older blog posts

I just wanted to point out that if you are doing research regarding buying or selling your Sacramento home, please make sure you are reading up on current information. Our market changes so frequently, that information and advice that was relevant just a short time ago is no longer applicable!

There have been many pieces of legislation that have affected the marketplace on the national, state, and local fronts. Think about the impact of doing away with seller funded downpayment assistance, new licensing requirements for loan originators, short sale “phantom” income tax ramifications at the state and federal level, local rental inspection ordinances…A LOT has changed in just even the last few months!

Market trends that have significantly changed over time. The local Sacramento trends do not copmletely line up with the national or state-wide trends. Just a year ago, foreclosed property listings dominated our marketplace, and now short sale listings do.

When you seek the advice of a local Sacramento Realtor, please be sure you choose to work with one that is on top of our ever-changing market…