It’s interesting to compare median price levels from one year ago to today’s median price levels. In many areas we have seen a definite increase in property value. What does this mean? What is fueling this trend? I used some data from a South Sacramento neighborhood in the video below to highlight this very phenomenon. If you don’t see the video in your email subscription or RSS, click HERE.
Videos
The New “Tube” in Sacramento for Real Estate
I’m very excited to announce the creation of a brand new real estate video website for the Greater Sacramento Region. I still have some things to tweak about the design and content, but overall the shell is ready to share with the world. Please have a look at www.SacramentoRealEstateTube.com and let me know what you think.
Sacramento Real Estate Tube is a place for consumers and agents to hear about the real estate market directly from local real estate professionals – by video. The goal is to have some conversation and provide videos that are resourceful, informative, and hopefully void of any used-car salesman vibe.
I only have about 15 videos up right now, and I hope to see that double in the next week. If you know someone in the Greater Sacramento Region who works in the real estate industry somehow, feel free to spread the word. This is a free service. There is no cost at all to post your videos.
The Importance of Talking with City Hall
Does the city you live in have an online system set up for residents to ask questions, report code violations or send in suggestions or complaints? Are you familiar with how to use it? Have you seen any results from using a system like this?
Yesterday I wrote about the life cycle of neighborhoods, and I’m convinced that one of the most important pieces of the puzzle to see a neighborhood enter a phase of “renewal” is grassroots activity among residents and a city encouraging these efforts. If there is poor communication between residents and City Hall, then that’s going to show up in many potential ways – unenforced codes, unkempt properties, lack of pride, loss of hope… Moreover, I sincerely believe there is a correlation between the level of civic engagement in a neighborhood and property values. Do you agree? Disagree?
Anyway, I thought it would be useful to make a brief video for my area to show others how to use the “My City Hall Online” system for the City of Rancho Cordova website. This system is also referred to as the “Comcate” system, and is a very useful tool for us residents. My take and experience is that the more we communicate with City Hall, the greater the chances are of obtaining the results we want to see.
I’d be very curious to hear your stories. Comments are welcome below.
Were banks bailed out so they could do this?
This video came from the ThinkBigWorkSmall guys. I tend to take what these two say with a grain of salt, but this video is pretty astounding. Is this why the banks have been bailed out? In a system like this, it’s no wonder why many loan modifications are not working. Please watch, filter, and let me know what you think.