Weekly Newsletter Weichert, Realtors - Sierra Pacific Group
 
May 23, 2024
Welcome to this week’s edition of the Weichert Weekly Newsletter! We’re thrilled to introduce a fun new feature—AI-generated renditions of the towns we highlight. This week, we're spotlighting Placerville, and the header image you see was crafted by Mr. GPT himself. We’d love to know what you think of it! With the school year wrapping up, we have an exciting offer for college students! We’ve partnered with California Moving Systems to help students store their belongings for the summer. Plus, don’t miss our in-depth market update for Placerville, showcasing homes currently on the market, from budget-friendly options to luxurious estates. As always, thank you for being a part of our community.
 
Secure Summer Storage for College Students
Thank you for being a valuable member of our community! We appreciate your continued support and trust in our services. We are excited to share a special offer from our local partner, California Moving Systems, designed specifically for college students in need of storage solutions over the summer.
Location: 3801 Happy Lane, Sacramento, CA 95827 Storage Vault Size: 7’ wide x 8’ high x 7’ deep Duration: 3 months (90 days) Cost: $150.00 (paid at the time of drop-off) Referral Bonus: Get 10 friends to sign up, and your storage is FREE! Pick-Up Service: $150 per hour with a 4-hour minimum, divided equally among the group
If you have family members or friends who could benefit from this fantastic deal, please share this offer with them. It’s a great opportunity for students to securely store their belongings over the summer without breaking the bank.
For more details, contact Allan Brown at 916-362-1515. Be sure to mention that you were referred by Weichert, Realtors - Sierra Pacific Group and Allan will take great care of you. For more details, please see the attached flyer. Thank you again for being a part of our community. If you have any questions about this offer or our real estate services, please don't hesitate to contact us. ***This plan works at the local area college’s, universities, or junior colleges***
 
The Number of Homes for Sale Is Increasing
There’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around. But things are starting to look up.
There are more homes up for grabs this year. The graph below uses the latest data from Realtor.com to show in April 2024 there were more homes for sale than there were over the last few years (2021-2023):
As Realtor.com explains:
“There were 30.4% more homes actively for sale on a typical day in April compared with the same time in 2023, marking the sixth consecutive month of annual inventory growth.”
But does this growing inventory make house hunting easier? Yes and no.
Using the latest weekly data from Calculated Risk, the graph below shows, that even with the growth lately, there are still way fewer homes for sale than there were in the last normal year in the housing market:
What Does This Mean for You?
If you’ve been looking to buy but put your plans on hold because you just couldn’t find what you were searching for, you might see more options now than you did over the past few years – but don’t expect a huge selection.
To check out your growing options, it’s a good idea to work with your Realtor®. Real estate is all about location. And an agent can help you get the scoop on the homes available in the area you’re interested in. Bankrate explains:
“In today’s homebuying market, it’s more important than ever to find a real estate agent who really knows your local area — down to your specific neighborhood — and can help you successfully navigate its unique quirks.”
Bottom Line
Team up with your Realtor today who can keep you in the loop on everything that might impact your move, like how many homes are up for sale right now.
 
Buying & Selling Guide
This comprehensive guide is crafted to illuminate every step of your real estate journey, whether you're buying, selling, or just exploring the potential of your next dream home. But, if you're like us and appreciate the feel of a page under your fingers, we get it. There's just something about a physical copy. Interested? Contact me today and I can deliver one to you.
Here's the latest snapshot of the Citrus Heights Housing Market | *Only Single Family Homes Reported*
First up, we have the Months Supply of Inventory, which currently stands at 2.4. This metric represents the number of months it would take to sell all current inventory at the current sales pace. A lower value indicates a seller's market, while a higher value suggests a buyer's market.
Average Days Homes are On the Market is 48 days, which is a pretty standard time frame. This metric reflects how quickly homes are being sold, with a lower number indicating a strong demand for properties in the market.
Lastly, the Average Sold Price is $573,479 This figure gives us an idea of the overall price trend in the market and can be helpful for both buyers and sellers in determining their strategies. If you want an update for a different area or need help understanding what these stats mean, contact me today.
 
Find Your Home's Hidden Value
The common question, "What's my home worth?" often conceals the real curiosity: "How much equity do I have?" That's why I'm excited to introduce our service, the Professional Equity Assessment Report (PEAR). I understand you might just want a quick online estimate. No worries! You can also check out our Home Value Tool online.
We are hiring! Do you know anyone looking to become a Realtor®?
Weichert, Realtors® - Sierra Pacific Group is committed to helping people at every turn. Whether they're customers, searching for a home, or professionals, looking for a place to expand their real estate career, we are proud of our tradition of supporting others as they realize their dreams.
At Weichert, Realtors® - Sierra Pacific Group, our commitment to our agents is to inspire, challenge and support the as they strive for their personal best.
If you are just getting started or are a season pro, we are confident that we have the tools and resources you need to grow your dreams!
We would love to get in touch with you about the unlimited potential and possibilities. We have partnered with Allied Real Estate School to offer preferred courses and packages, check them out here:Allied Real Estate School
 
That's all for this edition of the Weichert Weekly Newsletter! If you're in the market for a new home or just curious about the current real estate market, please don't hesitate to reach out to me. I'd be more than happy to assist in any way I can
Scott Kirk is the Broker/Owner of Weichert Realtors – Sierra Pacific Group (SPG), a family-owned, full-service brokerage based in Folsom. A REALTOR® licensed since 2010, he has closed more t....
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