Michael
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Helping Buyers and Sellers make decisions with knowledge.

Office 916-368-PLUS (7587), Cell 916-600-7556
Michael_Gesner@sactorealty.com

 

 


Excellent lot in the Boulders of Granite Bay!
5708 Avenida Robles, Granite Bay, CA 95746
$249,000

5708 Avenida Robles
Granite Bay, CA 95746

Beds: 1
Baths: 1
  Incredible Location! Modern Home in the heart of Downtown
428 S Street, Sacramento, CA 95811
$689,900

428 S Street
Sacramento, CA 95811

Beds: 2
Baths: 4

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The Sacramento Real Estate Market has been on fire this year. Sellers are seeing price gains similar to the 2005 2006 years. Homes listed "right" are getting on average more than 10 offers. If you list above this sweet spot, the home sits.

The activity in April is showing a few things: 1) Investors, who dominated the market from the 4th quarter of last year to the first quarter of this year are slowing down. 2) First time buyers with FHA, NACA, Conventional 3% to 5% down, and VA loan buyers are now the driving force of the market activity.

On the rental side, there is a great shortage in housing. For example, in Elk Grove, I recently rented a home and got 25 rental applications for this one property. Similar thing happened in North Natomas. Where are all these tenants coming from? These are sellers. With perfect credit and lots of cash. And they have recently sold their homes and are renting. Plus you have people still transitioning from the Bay area and down South to this region.

It appears that this wild ride will continue with the money from the government starting to make its way into the hands of potential buyers that did not have a down payment. These buyers are out in droves today. What a great time to sell your property. The question is, how long will this wild ride last?

Realty Plus is a full service real estate company. It is a small company with two brokers (Michael Gesner and Naeem Syed), and just a few agents (Cora Allison, Minha Javed, esq., and Ras Siddiqui). We look forward to working with you.
Realty Plus

 

 

Michael

 

 


Realty Plus (Michael Gesner, Broker/Owner)

2245 Park Towne Circle, Suite #1
Sacramento, CA  95825

Office 916-368-PLUS (7587)
Cell 916-600-7556
Fax 916-488-1556
Toll Free 888-344-2320
Michael_Gesner@ sactorealty.com

Realty Plus (Michael Gesner, Broker/Owner)

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