Search results for: Real,Estate,Sales

New Index Reveals Impact of COVID-19 on Real Estate | MyKCM

Larry O. Doss Tuesday, June 30, 2020

New Index Reveals Impact of COVID-19 on Real Estate | MyKCM

Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following:

Housing Demand – Growth in online search activity
Home Price – Growth in asking prices
Housing Supply – Growth of new listings
Pace of Sales – Difference in time-on-market
The index then compares the cur... Read more

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Will Surging Unemployment Crush Home Sales?

Larry O. Doss Monday, April 6, 2020


Will Surging Unemployment Crush Home Sales? | MyKCM

Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, explained that the government is trying to find ways to assist those who have lost their jobs and the companies which were forced to close (think: your neighborhood restaurant). In a recent interview he... Read more

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Understanding Financial Risk when Purchasing a Home

Larry O. Doss Monday, January 25, 2010

The average sales price of homes in Yuba City CA for the month of Sep 09 to the month of Nov 09 was $165,000. This shows an increase of 3.1%, or $5,000, from the previous quarter. There was a decline of 6.8% compared to the year 2008. Sales prices have depreciated at a drastic rate of 38.2% during last five years in Yuba City.

It was found that the average list price for a Yuba City home on sale was $266,086, week ending Jan 13th; this is clearly a decline of 1.2%, or $3,107, compared to the decline of 4.7% during the previous week. The price per square foot on an average in Yuba Cit... Read more

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Whether To Invest On A Pre Foreclosed Or An REO Property?

Larry O. Doss Friday, January 15, 2010

If you are an investor looking to invest on a foreclosed property, then you may also want to consider whether to buy the Real Estate Owned property or the pre- foreclosed property that is still owned by the borrower. You may feel that investing on an REO property is a fairer deal as you will be assured with the title to the property and the insurance. Also you will have a security of the old owner not returning to claim back the property.

However, these features are not applicable when you buy a pre foreclosed home! But the real problem you will face when you want to invest on an REO... Read more

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Do’s and Don’ts at a Real Estate Auction

Larry O. Doss Tuesday, January 12, 2010

The real estate auctions that happened before 2005 were more of trustee sales that took place in front of the house being auctioned. If you were to participate in those auctions, you would surely get a great deal, but there were drawbacks as well. If you won the bid with the highest amount then you were required to pay cash in full. Also you were not given an opportunity to inspect the house. There were also possibilities that the house had a lot of mortgages on it. All this and more kept many investors from participating.

Before you visit an auction site, question yourself as to why... Read more

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Trends in Real Estate

Larry O. Doss Thursday, December 24, 2009

Recession has had its impact on real estate too. The real estate market is now struggling in many areas of the country. The real estate agents and brokers have realized the importance of being a financial planner in accord to being a sales person. Traditional approaches to the current market do not have its stand in the global real estate market. With real estate transactions going online, agents are seeing themselves in new levels with professionalism and customer service. In such a situation, real estate agents are to be high on heels with technology.

The easy access to information... Read more

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Community Videos

Larry O. Doss Thursday, December 17, 2009

Gone are the days when people would travel to different cities or countries to just attend a meeting. We now live in an era where we can communicate with a person at the other end of a video screen. It is the era of video conferencing and video communication. A video clipping explains the scene better than hundred words.
Internet plays an important role in video communication. The most famous internet communication tool in the present day is the YouTube. The Community videos available on YouTube have the advantage of reaching out to a wider population in a single attempt.

Commun... Read more

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Watch Out For Negative Equity

Larry O. Doss Thursday, December 10, 2009

Do you own a home which has negative equity and are wondering how this occurred? The answer is simple. Negative equity occurs when you purchase a home using a home loan and the home prices begin to decline due to economic slowdown. The home value now decreases below the value principally on mortgage. This condition is called negative equity. It can be calculated by taking the value of the home, less the balance on the remaining loan.

An important aspect in the performance of home loans in the third quarter of 2009 was the high resale of foreclosures. This came up to one fifth of the t... Read more

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The Foreclosure Story

Larry O. Doss Tuesday, December 8, 2009

It is everyone’s dream in Sacramento to own a home. As home loans are made easily affordable, almost every family has a home of their own. Home loans with low mortgage rates are provided by the government for low income and bad credit people. These loans have interest rates as less as three percent. Consolidation of loans by the government has made repayment much easier. In spite of all these, foreclosures are on the rise.

The major factors that contribute to foreclosures are fall in real estate prices, abundance of unsold homes, inert home sales and mortgage loans going into default... Read more

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Latest Real Estate Updates – Roseville, Elk Grove and Placerville

Larry O. Doss Wednesday, November 25, 2009

Roseville Real Estate: One bedroom homes in Roseville/Rocklin corridor have a rent of $820 per month and $813 per month is paid by Section 8 to property management organizations in Sacramento. Roseville/Rocklin’s homes with one bedroom have an average area of 750 sq. ft and there exists about 700 rentals.

Two bedroom rentals in Roseville/Rocklin corridor possess a rent of $1010 per month and property management organizations in Sacramento are being paid $992 per month by Section 8. The average two bedroom rentals possess an area of 1001 sq. ft. There are over eleven hundred (1100) su... Read more

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Real Estate Scenario today

Larry O. Doss Tuesday, November 24, 2009

Real estate events have been quite closely watched in these fluctuating times and there has been considerable improvement on the market conditions that is favoring the buyer this quarter.

While searching for the right place to settle in, do make a thorough search on the Homes for sale section of real estate websites. Community information of the various counties in CA including Sacramento, Roseville, Elk grove, Placerville, Yuba city through the various community pictures provide the needed information on the events that take place there which are displayed in various dedicated websi... Read more

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Based on information from the Humboldt Association of REALTORS®, as of 05/26/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2022 Humboldt Association of Realtors®. All rights reserved.