Central City (Sacramento, CA)
By Robert Machado, CPM MPM - Property Manager and Property Management
(HomePointe Property Management, CRMC)
The newest entrant into the pizza business in Sacramento is Hot Italian.  They bought their oven in Italy and I can say the pizza is authentic Italian.  Combine that with wines from the 20 regions of Italy that you can pick from, plus California, and you will have an authentic Italian dining experience.   The restaurant is located at 16th and Q, 2500 16th Street, Sacramento for you mapquest devotees.   Beware, they specialize in pizza and there is no pasta there.  They do have calzone, panini's, and insalada (a good proportioned salad).  The atmosphere is very hip and is connected to a scooter shop.  I highly recommend it and weclome them to downtown Sacramento.  Check their very low key website at http://www.hotitalian.net  
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By Erin Stumpf (Attardi), 916-342-1372 / DRE# 01706589 Sacramento, CA
(Coldwell Banker)
I have been showing bank-owned REO properties in the central city areas a lot lately...mainly to investors, but also to buyers looking to owner-occupy. I am often asked what it takes to be able to purchase one of these listings. Let me start by saying that of Sacramento Core neighborhoods - 95811, 95814, 95816, 95817, 95818, 95819, 95820 - there are two zips that have been adversly affected by a glut of REO properties. A small sliver of 95817 is considered East Sacramento (Elmhurst, Med Center), while the rest of it is mainly Oak Park. 95820 has some nice areas as well (Tahoe Park, Tallac Village), however it also covers Oak Park.Oak Park has suffered steep declines in value, and there are many REO's listed there. Most of these listings are uninhabitable as-is, sporting issues like seve...
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By Ernie Cabrera, Real Estate America
COMMERCIAL REAL ESTATE INVESTING   Part #1 by: Ernie Cabrera from REA Commercial How do you find out how much you will get as a return on your real estate investment?How do you know what a property should be valued at?How much income will an investment produce?I am asked these question all the time from new investorswho are just getting into the commercial real estate business.  I think it is good to know some of the basic calculations that will help you evaluate investments.  There is much more to a properties value and it is more complicated to compare investments, but here are the basics.           Capitilization Rate - It is used to evaluate what a property's income and to compare values.   Cap Rate = Net Operating Income (NOI) / Sales Price (Value) The capitalization rate (cap rate...
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By Rob McQuade, Sacramento CA Real Estate
(Better Homes and Gardens Real Estate)
"Real Estate Trends - Downtown & Midtown (February 2007)" by Rob McQuade, ABR, Sacramento REALTOR®Sacramento CA Real Estate The Sacramento Bee reported that February's year-over-year real estate sales figures for the Sacramento area show continued decline, with an 18.6% decrease in the number of homes sold in February 2007 compared with the same period in 2006. The good news is that the report, based upon published information from La Jolla-based DataQuick Information Systems, shows a median sales price decline of only 1.4% from the previous year.DataQuick's findings, based upon single-family detached resale homes closing escrow, paint a different picture for the central city. Downtown (95814) saw one less home sell in February 2007 over the previous (which, with only four sales in the ...
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By Myles McMahon
(McMahon Phillips Real Estate)
February 13th 2007. Hey everyone! Well this is my first Blog input and I'm going to keep it short. As an agent out there helping clients purchase and sell properties everyday in the Placer, Sacramento, Yolo and El Dorado county areas, I can tell you from my perspective the market has certainly heated up since the year turned to 2007. SPecific areas I've noticed are extremely hot are Folsom (95630) and East Sacramento, especially 95819 and 95816 area codes. Not sure if this is a "dead cat bounce" (excuse the pun), but it's REAL today. Recently had a home one of my buyers made an offer on get flat our rejected...even though we were $20,000 over list price (okay the agent priced it way below market) we did not even receive a counter. OUCH! Word on the street is there were 26 seperate offer...
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By Jason Johnson, Jason Johnson
(HomeSmart ICare)
I'm part of a real estate training company and we are putting on a 2 day real estate intensive for investors. Its on Friday and Saturday March 9th, and 10th. It is in Sacramento CA, however we do have trainings all over the country. Usually this training cost 3500.00, however I'm able to take a few quests for free. This is not a 2 day sales pitch, it is actual training. At the end of the two days, they do explain other options they have, but only for an hour or so. The rest is solid training. I have personally paid for the Robert Allen 3 day training at $3,000.00 and it was not nearly as good as this one. So if your interested, send me and email at johnson@directrealestate.biz I only have a few more spots available, so sooner the better. Hope to see you there, Jason PS: If you want to l...
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By Rob McQuade, Sacramento CA Real Estate
(Better Homes and Gardens Real Estate)
"Sacramento's Central City Real Estate Roundup - January 19th, 2007"by Rob McQuade, ABR, Sacramento REALTOR®Sacramento CA Real EstateSOLD! Residential and multi-family real estate closings in Sacramento's Central City and surrounding neighborhoods for the week ending January 19, 2007:$262,000 - 3316 X St, Sacramento, CA 95817 (Oak Park)     2-4Br, 2Ba, 1,194 sq. ft. home built in 1920$329,000 - 5241 V St, Sacramento, CA 95817 (Elmhurst)     2Br, 1Ba, 1,102 sq. ft. home built in 1940$379,000 - 1650 51st St, Sacramento, CA 95819 (East Sac)     2Br, 1Ba, 947 sq. ft. home built in 1941$389,000 - 5500 D St, Sacramento, CA 95819 (East Sac)     2Br, 1Ba, 888 sq. ft. home built in 1946$392,500 - 3096 24th St, Sacramento, CA 95818 (Curtis Park)     2Br, 1Ba, 1,048 sq. ft. home built in 1926$420,...
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