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The Mather Real Estate Market – Past 3 Years

February 25, 2009 By Ryan Lundquist Leave a Comment

What has been happening in the Mather real estate market? Here is a trend graph of the past 36 months of sales (blue) within the Mather area as well as all current listings (red). What do you notice?

mather-real-estate-appraiser

Mather Data from MLS, DataQuick, and Realist:

  • 24 sales in past 90 days (MLS)
  • 11 sales since January 1, 2009 (MLS)
  • 41 current listings on the market – 10 pending, 18 short sale actives, 13 actives (MLS)
  • Decline of 17.40% when comparing January 2008 home sales with January 2009 home sales (Data Quick HERE)
  • 21 houses in pre-foreclosure (Realist)

There are 1271 homes in the Mather community, which was built by KB Homes, and dreamed up by the Sacramento Housing and Redevelopment Agency. SHRA spearheaded the building project as an attempt to breathe life back into the Mather area when Mather Air Base was closed in 1988 (huge effects in the community and in Rancho Cordova too). Independence at Mather is an HOA with very minimal monthly fees (basically to cover front landscaping – no swimming pool or clubhouse). Mather is close to a local golf course, lake, trails, the Sacramento Speedway, and Mather Airport.

If you are a home owner in Mather, what is it that attracts you to this community? What are the benefits? What are the downfalls?

If anyone needs further information or has any needs for a real estate appraisal in Mather, I am glad to assist.

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Filed Under: Market Trends Tagged With: CA, Mather, Mather Air Base, Mather Air Field, Mather Air Force Base, Mather Appraisal, Mather Appraiser, Mather decline in property value, Mather Field, Mather Real Estate Appraiser, Property Value in Mather, Property Value in the 95655 Zip Code, Rancho Cordova, Rancho Cordova Appraisal, Rancho Cordova Appraiser, Sacramento Decline in Property Value

Finding Zip Codes in the Sacramento Region

February 24, 2009 By Ryan Lundquist Leave a Comment

Trivia Question: How many zip codes are there in Sacramento County? (answer below)

I use the California HomeTownLocator website when looking for zip codes of particular cities. This site has been valuable for both business and personal use. I keep the link in my bookmarks since it is a quick reference to obtain zip codes for any city in California as well as search for other information such as census data and county details.

cahometown

Case in point: Whenever I sign up with a new Asset Management Company for bank-owned properties in the Sacramento Region, they typically ask for a list of zip codes I cover. Instead of having to google each city I work in and find each individual zip code, I simply go to the Home Town Locator site and I get the information I need all in one place. Very convenient.

Triva Answer: There are 145 zip codes within Sacramento County.

california-flag

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Filed Under: Internet, Resources Tagged With: Bank Owned, Sacramento Real Estate Appraisal, Sacramento Real Estate Appraiser, Zip Codes in Sacramento County

The Starting Line: Building Community in Sacramento Neighborhoods

February 24, 2009 By Ryan Lundquist Leave a Comment

Improving a neighborhood can feel like trying to resurrect the Titanic, but in reality it’s more like flipping a burger with a family next door. When our prime focus is only on the problems in a community, it can start to feel discouraging and we give up, thinking “I don’t have the time or energy,” or “I can’t do this by myself”, or “I don’t even know where to begin.”  I’d like to suggest though that the beginning point for strengthening a neighborhood is really about small every day choices rather than planning big events or programs.   

Strengthening a community simply recognizes that relationships rather than high fences are what is most important. The truth is you do not need ample time, money, grey hair, or incredible leadership skills to make a difference in your tract. You only need to be attentive to your surroundings and intentional in some very practical ways. This is about a mindset, a lifestyle, a paradigm to live from.

Connecting with neighbors can be something very natural and it happens over time. It is not something that you have to plan for per se or worry about adding to your busy schedule. Below are some practical tips to connect (or re-connect) with neighbors:

  • Sit out in your front yard or on your porch
  • Wave to passersby and say “hello” to people
  • Introduce yourself to new residents
  • Find a resident to exercise with
  • Volunteer to collect mail while your neighbor is gone
  • Borrow a tool or ask for advice
  • Keep your yard well kept
  • Invite a few neighbors to holiday parties
  • BBQ in your front yard with one other household
  • Do an Easter egg hunt for your street
  • Take regular walks (remember – dogs and kids are conversation magnets)
  • Exchange phone numbers with your neighbors in case of an emergency 

 Most of life in a neighborhood consists of non-glamorous regular moments, but these small instances present opportunity for connection and are the building blocks for the future. Mother Teresa once said, “We can do no great things, only small things with great love.” Now go and do small things.

What tips do you have to connect with neighbors?

NOTE: The entry above comes from a series I wrote in 2008, entitled “Community Building 101?. If you are interested in reading the series, you can download a PDF file HERE. You may wonder why an article on community building is showing up on a real estate appraisal blog. Well, this happens to be one of my big passions in life, but also the series could be helpful for some of us and maybe even Agents who are selling houses to first-time buyers in the Sacramento area. This series is one way to bring on conversation about what it can look like to increase a sense of connectivity in our neighborhoods. Living in a more vibant community makes a house feel more like home, huh?

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Filed Under: Resources Tagged With: Building a stronger neighborhood, Building stronger Sacramento Area Neighborhoods, Community Building, Community Building 101, how to build relationship with neighbors, How to Improve a Neighborhood, Improving Neighborhoods, Improving Neighborhoods in a Downward Economy, learning to be a good neighbor, Sacramento Neighborhoods

The Lowest Priced House on MLS (Sacramento Region)

February 23, 2009 By Ryan Lundquist Leave a Comment

This blog will host a “Lowest Priced House on MLS” category because it’s always interesting to answer the question, “should I buy this house or should I buy a car instead?” Yep, the prices are often that low.  

And the winner is…. $12,500.

90007208

620 E 4th Street, Stockton CA is for sale at $12,500. Per Tax Records, this property was built in 1936, has 1025 square feet of living area, 2 bedrooms, 1 bathroom, and a lot size of 3,920 square feet. So why is it priced so low? Well, it looks like it had a little fire damage to say the least.

It is a banked owned property and has been listed on the market for 142 days total with three separate Listing Agents. The property has been priced for only 21 days at $12,500 and appears to have generated a contract at least once (but back to Active status now). I’ll put you into contact with the Listing Agent if anyone is interested in forking out $12,500 greenbacks – it’s an all cash deal because of the condition (no, I don’t know the Agent).

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Filed Under: Appraisal Stuff Tagged With: Bank Owned, City of Stockton, Fixer, Lowest Price on MLS, Property Values in Stockton, Stockton Appraiser, Stockton Real Estate Appraisal, Stockton Real Estate Appraiser

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First off, thank you for being here. Now let's get into the fine print. The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist.

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The information on this website is meant entirely for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation, tax appeal or any other potential real estate or non-real estate purpose. The material found on this website is meant for casual reading only and is not intended for use in a court of law or any other legal use. Ryan will not appear in court in any capacity based on any information posted here. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose or valuation consulting, please contact Ryan at 916-595-3735 for more information.

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