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Citrus Heights, CA Real Estate News

By Mark Farnsley
(Realty First )
Citrus Heights Real Estate consists of 35,514 housing units. The city's vacancy rate is approximately four percent. 65% of the city's housing units are primarily single-family units. The annual median sales price (for all recorded sales) of homes in the 95610 zip code is $300,000, and the median sales price (for all recorded sales) of homes in the 95621 zip code is $275,000 (Sacramento Bee, 2003). Citrus Heights provides an affordable living environment with quality services, central within the Sacramento region. Visit our Citrus Heights site to search all available Citrus Heights property listings including Citrus Heights California Homes, Citrus Heights Townomes, and Citrus Heights Condos for sale.
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By Pearl Ahlquist-Ruby, Real Estate Consultant.
(1St Choice Realty & Associates Your Home Sold Guaranteed)
Mortgage Forgiveness Debt Relief Act will offer Help to Sacramento and Placer and the surrounding area homeowner in Need Sacramento CA has been experiencing record breaking mortgage loan delinquencies and foreclosures this year. A large number of homeowners who purchased homes in the past 3 years using zero down 100% financing, now find themselves with mortgage debts more then their home is worth... sometimes called an "upside down mortgage".   Many of these homeowners who experienced a job lose, medical emergency or other financial hardship are unable to re-finance and are now finding themselves in Foreclosure. Foreclosure is a terrible experience that ruins ones credit for up to 7 years.  But to add insult to injury, if one purchased a home with zero down payment, and lost their home ...
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By Erin Stumpf (Attardi), 916-342-1372 / DRE# 01706589 Sacramento, CA
(Coldwell Banker)
The City of Citrus Heights is holding its 11th Annual Christmas tree-lighting ceremony tomorrow (Saturday) from 7:00pm to 8:30pm.  In addition to the tree lighting, kids can visit with Santa Claus and Mrs. Claus.  Donations will be accepted - nonperishable food items, new, unwrapped toys and gently used coats and jackets to benefit the KXTV News10 "Coats for Kids" program. The ceremony will be held at the City of Citrus Heights offices in at Fountain Square.
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By Pearl Ahlquist-Ruby, Real Estate Consultant.
(1St Choice Realty & Associates Your Home Sold Guaranteed)
CALIFORNIA REAL ESTATE IS A SOLID, LONG TERM INVESTMENT BUYERS PREPARE NOW MAY BE THE TIME TO HOMEBUY A HOME Looking at the performance of California real estates since 1907 when you could buy home for 3,000.00 we have seen very few times in which real estate values have dropped. California's historically strong market, combined with todays low mortgage rates and sizeable inventory in many areas, has created a unique window of opportunity for confident buyers.If you thinking of buying a home, consider these facts provided by the California Assocation of Realtors.In 1970, the Medium cost of single family homes in california was $26,000.00 Today the medium price of a home in Californis is $588,970-an increase of 2,165%In 1989 the medium price of a single family home in Sacramento County w...
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By Pearl Ahlquist-Ruby, Real Estate Consultant.
(1St Choice Realty & Associates Your Home Sold Guaranteed)
Lose the House, but Not Your Credit According to sources in the mortgage industry, people who agree to a short sale with the lender do far less damage to their credit rating than those who go through foreclosure. While in both cases, short sale and foreclosure, the delinquent mortgage will negatively affect their credit rating, at least short sellers avoid having a "debt discharged due to foreclosure" on their credit reports. Mortgage and credit experts say that, after bankruptcy, having a foreclosure on your credit report is the worst result and will reduce your credit score by over 250 points. You could also have to wait up to three years to qualify for a mortgage at a reasonable rate. Short sales show up on a credit report as a "pre-foreclosure in redemption" status and can result in...
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For first-time buyers, Citrus Heights might not be a bad place to start their home search. Quite a few of my clients have chosen the city as their home because of its proximity to Business 80 and its relatively inexpensive condos and single family residences. Today's market update covers Citrus Heights, CA in greater detail.
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