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I LOVE MY JOB! April Fools? Nope, totally serious :)
April 1st, 2011
I do love my job! Whether I’m working with buyers and sellers on a “shoestring budget,” or those with “champagne wishes and caviar dreams,” I’m privileged to work with some incredibly wonderful people.
You may have heard about the recent transaction which set a new record for the most expensive U.S. residential sale…Russian billionaire Yuri Milner (who heads Digital Sky Technologies) has reportedly paid $100 million for a 25,500-square-foot Los Altos Hills, California home which was not even listed for sale. According to The Wall Street Journal the sellers, Fred and Annie Chan took back a $50 million note on the home. Wow, that was awefully nice of Fred and Annie…that’s quite a note!
This record-setting sale is just one indication that the wealthy have opened their wallets and are shopping for homes again. The million dollar and above housing market rose 4% in February year-over-year as luxury buyers snapped up homes, often for all cash. Earlier this month a Palm Beach, Florida home sold and closed for a reported $24.6 million and I personally was involved in a $1.5 million transaction right here in Northern California. Why the rise in luxury sales? Read the rest of this entry »
Where Are Americans Moving?
June 24th, 2010
Check out this interactive map of where Americans are moving. It’s put out by the IRS and Forbes and is very cool. It looks like Sacramentans may be moving North and those South of us are moving here. It’s a really neat visual tool. Let me know what you think!
April Home Sales Bring Encouraging News
May 21st, 2010
I often begin my day by checking various Real Estate news sources so that I can be up to date on the very latest in real estate happenings. This morning, I came across an encouraging article by Jim Wasserman from the Sacramento Bee entitled Sacramento April Home Sales Prices Increase From Year Earlier. Because I could not say it better myself, I encourage you to read the article yourself, but, just in case, here are few of my favorite highlights. This is great news for home buyers and sellers in our area!
How to Market Your Home 24 Hours A Day
April 27th, 2010
I am always looking for new ways to help my clients sell their homes quickly and for the best possible price. I recently discovered a new tool to market your home over new mediums, 7 days a week/24 hours a day. It interconnects virtual tours, aerial views, mobile websites, text messaging services and traditional marketing getting your home the maximum amount of exposure.
First Quarter 2010| Sacramento, Placer, El Dorado and Yolo Counties
April 20th, 2010
The first quarter of 2010 has come and gone and I for one am happy to see it go. This first quarter was dismal for our local real estate market. In March, the Sacramento Bee branded the start of 2010 as “real estate’s long slow winter.” But Spring is finally here and we are beginning to see its rejuvinating effects everywhere. The long frost from the real estate winter is begining to melt. Here is the first quarter by the numbers:
State Tax Relief for Forgiven Home Debt
April 13th, 2010
Yesterday, Governor Schwarzenegger signed into law a piece of legislation that will provide debt forgiveness to thousands of Californians. This measure provides tax relief on mortgage debt forgiven in a short sale, foreclosure, or loan modification. Prior to this bill, California homeowners were exempt from owing federal taxes on the forgiven mortgage debt, but still were required to pay California taxes as if the forgiven debt were income. This bill has become law just in time for people to take advantage of it before this Thursday’s tax filing deadline.
7 Days of Updates for Less – Day 6
April 10th, 2010
Day 6: DE-CLUTTER AND CREATE STORAGE
Old and historic houses are notorious for their lack of closet space. If you have cramped storage areas, add do-it-yourself wire and laminate closet systems to bedrooms, pantries and entry closets. Companies such as ClosetMaid allow you to measure and redesign your closets online. You can also get design details and parts for these systems at many large home-improvement stores, like Home Depot. Most closets can be updated in a weekend or less. In the end, your closets will be more functional while you’re living in the house and will make your home look more customized to potential buyers if you ever decide to sell.
Congratulations Pamela!
March 26th, 2010
Congratulations Pamela for achieving the prestigious 100% Club Award with RE/MAX! This is awarded to RE/MAX Agents who achieve levels of productivity that are more than double the industry average.
What does this mean to you? Pamela has shown through the ups and downs of the real estate market that she get results. Not only in 2009, but for the past 20 years! Regardless of the market, whether you are looking to buy or sell a home, Pamela truly can make your real estate dreams come true!
State Homebuyer Tax Credits On the Horizon
March 24th, 2010
Good news for California homebuyers! New homebuyer tax credits are on the horizon! May 1st, one day after the expiration of the federal $8,000 first-time home buyer tax credit, Californians can begin claiming $10,000 in state tax credits.
The bill, AB 183, was first proposed by Governor Schwarzenegger in his State of the State Address in January and was easily passed by both houses of the legislature. Yesterday a spokesman from the Governor’s office assured that the governor still supports the bill and will sign it into law.
Times They Are a Changin’…So Are Refrigerants!
March 11th, 2010
I do my best to stay on top of all of the legislative changes within my industry, but there are seriously so many of them! Thankfully, I have a team of people around me, professionals in their fields, who keep me informed. Jessica Mraz, from Fidelity National Home Warranty (FNHW), just stopped by my office and informed me that as of January 1, HVAC system manufacturers no longer produce air conditioners and heat pumps containing R-22, commonly known as Freon (Title VI of the Clean Air Act).
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