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7038 Almond Hill Court, Orangevale

real estate, Sacramento REOAwesome in Orangevale! This 4 bedroom, 2.5 bath home is just over 3100 square feet of showpiece potential. There are gleaming wood floors, a modern kitchen with granite counters, lots of storage, separate living and family rooms. There is also a fireplace and wet bar. A large upstairs bonus rooms awaits your pleasure. Sitting on nearly an acre you get a large built-in pool and lots of room for entertaining. This one won’t last! MLS# 14047084, currently listed at $479,900.  See more photographs HERE.

1870 Woodleaf Drive, Yuba City

Warren AdamsFabulous Fixer! Bring your cash and a tool box. This 3 bedroom, 2 bath home needs work but has lots of potential. With the open floor plan, classic brick fireplace, and vaulted living room ceilings its easy to imagine elegant family gatherings. The generous backyard boasts a pool, covered deck, and plenty of room for outdoor entertaining. There’s even RV parking. Convenient to schools, parks, shopping and freeway access. Selling in present condition. MLS# 14046742, currently listed at $159,900. Click HERE for more photos and don’t forget to ‘Like’ me for current Sacramento area listings!

8071 Bayberry Court, Citrus Heights, CA

REO property, citrus heightsRough diamond in a great location! Located on a cul-de-sac lot, this 4 bedroom, 3 bath home has an open-concept kitchen with an island and lots of storage. Tremendous potential, but needs of your vision. Upstairs area could be a 5th bedroom and/or a bonus room. Great central location. Convenient to schools, parks, shopping and freeway access. Selling in its present condition. MLS# 14046320. Currently listed at $244,900. More pictures available HERE, don’t forget to Like me for future updates.

127 Redwood Way, Auburn, CA

REO property, Real estate in Auburn, bank ownedUnique property at an excellent value!  This octagon home is located on a large lot at the end of the street. The home is open and sunny, especially the living room with its panoramic views of the spacious backyard.  In addition to the detached garage there is a large shed for storage. Buyer to verify square footage, improvements may not be reflected in the tax rolls.  Convenient to shopping and freeway access.  Selling in its present condition.  MLS# 14044739, currently listed $170,000.  Want to see more?  Click HERE for additional pictures, be sure to ‘Like’ my Facebook page for even more good stuff.

Purchasing In An Association

Warren Adams, REO propertyThis article, written primarily for investors, offers up some great advice on purchasing homes located in Home Owner’s Associations.  However, even for owner occupied buyers, the advice is still sound.  Know what your HOA covers and restricts.  These factors will affect your personal enjoyment of the property, its future value, and could limit your options later.  Check out the article HERE and please feel free to contact our office for all your real estate needs.  Our experienced agents can help you navigate through the process and make your home buying experience a pleasant one.  Click here for my current listings.

10176 Gatemont Circle, Elk Grove, CA

 

10176 Gatemont, Elk Grove Real EstateMove in ready! This 3 bedroom, 2 bath single story home has fresh paint inside, new carpet, and new kitchen appliances.  An open floor plan makes entertaining a breeze. The living room has a cozy fireplace and there are wood floors in both the kitchen and dining areas. Currently listed at $264,900, MLS# 14042461.  See more pictures HERE and don’t forget to like my page to receive current news and listing information.

Sacramento Region Leads Nation in Apartment Occupancy Increase

Warren AdamsAfter reading a July 7, 2014, article by Ben van der Meer, Staff Writer for the  Sacramento Business Journal, a potential growth area for investors seems to be emerging.

The article points to job growth, high rental occupancy rates (as high as 96% in California), and increases in rental rates.  These factors all lead to a shortage of rental space.

The most intriguing portion of Van der Meer article is a quote by Jay Denton of Axiometrics (an apartment data research firm).  In the article Denton, reflecting on current growth rate, states,  “Rent growth that’s expected on this pace is 5 to 6 percent, and it could be even stronger,” he said. “Simply because there’s not much new in the way of supply anytime soon.”

The article states further that “Within the region, Citrus Heights saw the greatest year-over-year gain in rents, 14.4 percent, going from a median of $869 a month to $995. Downtown Sacramento, which includes the popular midtown neighborhood, saw an 11.3 percent gain in occupancy to 92.3 percent, while the Arden Way corridor, at 96.8 percent, has the highest overall occupancy rate among submarkets.”

Read the entire article click here,  then contact our office.  Our experienced real estate agents can help you find properties to suit your investment needs.

3936 Heights Ct., Cameron Park

Cameron park real estateThis 6 bedroom, 3.5 bath Fannie Mae home is newly rehabbed and eligible for HomePath financing. The home boasts lots of natural lighting, open floor plan and a beautiful built-in pool.  There is a cozy living room fireplace, lots of space in the kitchen and a fabulous deck for outdoor entertaining.  Convenient to schools, parks, shopping and freeway access.  MLS# 14005069.   Currently listed at $385,000.  See additional pictures HERE and don’t forget to “LIKE” my page for current housing information.

Real Estate Rebound

Good News for the Housing Market 

Sacrament Real Estate, Warren Adams

The housing market is beginning to roar back. Existing home sales have risen for two straight months after suffering declines since the summer months of last year. The pending contracts also show robust gains, implying home sales will further rise over the near term. Also there is sizable pent-up housing demand looking to emerge. The timing is uncertain. But the pent-up demand implies home sales have much room to rise over the next few years.  For the full story, Click  HERE!

 

 

7005 10th Street, Rio Linda, CA

Bank Owned, REO PropertyExcellent Value! Cute and cozy 1 bedroom, 1 bath home on a large lot.  Small deck off the upstairs bedroom.  The kitchen has lots of cabinet space.  This home needs some work, but do it yourself and make it yours! Convenient to schools, parks, shopping and freeway access.  Selling in present condition.  Visit my Facebook page for more information.  Please feel free to call if you have any questions. MLS# 14040396

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