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The 200th video on Sacramento Real Estate Tube

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I don’t think I’ve mentioned SacTube here since March, so I figured I’d give a little shoutout since I just posted video #202 yesterday. If you didn’t know, I launched a website eight months ago called Sacramento Real Estate Tube with the goal of creating a resourceful video real estate hub for locals and the general public.

It’s been neat to see the website improve over time and it’s been great to connect with local real estate professionals too. One of the byproducts for me hosting this site is that I’ve been able to connect with some solid real estate professionals like Chad Focht, Gena Riede, and The Ostroms, as well as learn a thing or two from their videos.

Sometimes agents ask me why I run “The Tube”. Maybe it seems a little unexpected to see an appraiser spear-heading something like this. Basically the purpose of SacTube is threefold: 1) Be a non-spammy resource to the public by sharing good videos; 2) Help increase web exposure for local real estate professionals (free marketing never hurts, right?); and 3) Build strong business relationships. In all of this, I firmly believe in being authentic and genuinely resourceful and helpful. Did I mention too how relevant I think video is for conveying information too?

If you have any questions about the site or videos to share, let me know. There is zero cost to post videos. Thank you for listening to my great news.

Is property value in South Sacramento declining?

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What has the housing market been doing? Are property values in Sacramento going down? I’ve done quite a bit of appraisal work in South Sacramento lately (I even have an inspection in the Meadowview area today), and over the past several months I’ve noticed a trend downward in property value in South Sacto and some other local areas too. What’s going on? Well, during the past 120 days we’ve seen inventory increase, the federal tax credit expire, and the beginning of the Fall season too, which is traditionally a bit slower. With all these factors at hand, competition has increased lately in various niches and the spike upward we saw in the beginning of 2010 is beginning to fade. Have a look at the screencast below where I talk through some graphs I made for a particular neighborhood.

Let me know if you have any questions. Comment below, send an email, give me a call at 916.595.3735 or catch me on Facebook. If you work in real estate, what are you seeing the neighborhoods you work in most often?

How is the Sacramento area real estate market doing these days?

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The question “How is the real estate market doing?” usually deserves more time than just 30 seconds. There’s definitely background research, information, and experience needed to answer this question properly. 

I wanted to take you through (in part) how I get this answer as a Certified Real Estate Appraiser in the Sacramento area. In the video below (or HERE) I analyze a portion of the Lincoln Crossing community in Lincoln, CA, and I’ll show you what goes on in my mind as I crunch numbers and explore the local market. I hope this video is helpful.

Quick Real Estate Conversations at Starbucks

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I ran into an acquaintance at Starbucks recently and we ended up having a very brief conversation about the real estate market in Sacramento. This friend of a friend just happened to be spending some time with her Realtor, and while waiting for our drinks to come to the bar, the Realtor asked me, “So how is the real estate market doing?”

We literally only had about a minute to talk, and like usual I find that it’s no small task to truly sum up the happenings of the real estate market in only sixty seconds. I suppose technically real estate market conversations can be treated like some sort of a speed-networking introduction, but my sense is that this type of exchange is really best for sitting down over coffee instead of waiting for coffee. Nonetheless, I had the brief conversation of course, but I found myself wishing for more time to realy grapple with different facets of the market. 

I mention this because I have quite a few visitors to this blog every day (thank you). People type in questions in a search engine to find answers to what they are looking for. So I say to you, if you have questions about the local real estate market, appraisal standards, FHA, a particular neighborhood, property taxes, or any other topic you might find on my blog, I just wanted to let you know I’m accessible.

You can reach me at 916-595-3735, ryan@LundquistCompany.com, on Twitter at @SacAppraiser, YouTube, Facebook, or in the form to the right or below. Please contact me for questions, discussion, or if you are in need of my appraisal or property tax appeal services.

By the way, does anyone keep an app on your phone to find coffee shops, whether Starbucks or something else?