RECENT BLOG POSTS
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It very nice to see a break in the warm weather and even to get a bit of rain but I am happy to see we will be getting some nice warm days this week as we move deeper into October. Over at MagnumOne Realty we had a strong past week with some new listings and some nice escrow closings. One of the...
10/09/2008
After the failed vote on the financial rescue plan on Monday the Senate takes the spotlight today and is likely to pass a slightly revised plan to provide liquidity back to the credit markets. I predict an embarrassed House of Representatives will place their rubber stamp on the bill and we will...
10/01/2008
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What are the chances a house that has been on the market for over 200 days, built in the 70's and has never been remodeled or even well maintained now has three offers to buy? I think something does not smell right. Has the Sacramento real estate market returned to the pre-2005 era where you pu...
09/30/2008
Is the only way to get anything done in politically partisan Washington to declare an emergency, tell the world the sky is falling and create a three day "bipartisan period" to pass back room brokered deal that may cost the American taxpayer a trillion or more dollars? We thought getting a budg...
09/25/2008
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While congressional leaders and the Bush administration work preparing a massive bailout of the US Financial system including a plan to allow banks to sell bad loans to a Resolution Trust like company, mortgage rates have dropped in Sacramento. The decline from 5.93 percent for a 30-year fixed t...
09/19/2008
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This week what is happening on Wall Street has captured my attention so my column over at Rocklin & Roseville Today, "More Bad News from Wall Street" is about being not overly optimistic about the financial crisis. Per my blog on Monday, I have posted a guest article by Louise Buford of Partners ...
09/18/2008
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Check it out! We have officially opened an office in Plumas Lake with Stephanie McLaughlin to better serve clients in Sutter, Yuba and Colusa counties. Stephanie has now been with us for a few months and is ready to take the next step in building her business and expanding the MagnumOne Realty ...
09/15/2008
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Short Sale Headaches June 11th, 2008 Many lenders have dedicated staff to deal with short sales and some appear to have developed a process that works for them. Where the problem occurs is the volume of requests for short sales. It overwhelms the negotiators and others who deal with borrowers and...
06/12/2008
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I recently read an article about real estate blogging which made the point that people only read your blog to get information on real estate and author's who make the mistake of venturing off into other topics will lose readership. I hope that is not the case as there are days I am thinking abou...
05/06/2008
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We just lost out on a great house because of how an overworked agent manages her bank owned listings. Check out my weekly column at Rocklin & Roseville Today, "Buying bank owned can be a pain!"
04/30/2008