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Neighborhoods

The trend isn’t the same in every neighborhood

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This year is almost over and I’ll be shutting things down until January. Okay, I actually have a ton of work to finish, but this will be my final post of the year. With that said, I have a few things on my mind.

A photo of a front yard with holiday trees made from pallet wood (leaves on the ground)

January public speaking gigs:

  • January 12: Top Producer Panel in Granite Bay (sold out)
  • January 18: SAR Big Market Update (sign up here)
  • January 19: PCAR WCR Big Market Update (details TBD)
  • January 25: Joel Wright’s Market Event (details TBD)

A FEW THINGS:

1) Thank you: I appreciate all the conversations we had this year and I’m so grateful to be on this journey together. I know that sounds cheesy, but it’s true. Thank you for your friendship, support, and all the business you sent my way too. And I haven’t forgotten those who helped me when things got dicey with my hospital vacation in 2020 (I’m doing great these days). Anyway, blessings to you and your family as 2021 comes to an end.

2) Real estate really isn’t THE thing: Yeah, I know I talk about housing trends non-stop online, but the most important things in life have nothing to do with housing data or money. Seriously. But this is a pretty cool Mid-Century modern listing I saw in person last weekend…

3) Avoiding politics at the dinner table: If you want to talk about real estate at the holiday dinner table instead of politics, here are some suggested topics. Inflation, affordability, investment fund buyers, and the elimination of single family zoning. Totally kidding. It’s sometimes impossible not to get political as we talk about housing. Good luck though if politics is your thing. “Pass the yams. And does everyone really think the Fed is going to hike mortgage rates three times next year?”

4) Different trends in different neighborhoods: I pulled some stats for a Capital Public Radio piece that will be going live soon (link coming). The idea is to compare a few neighborhoods a decade ago with the same time period today. It’s interesting to see how stats have changed, right? But this is also a reminder that neighborhoods don’t always have the same exact trend either. In other words, even though we might say various locations are simultaneously going up in price (or down), there can still be huge differences because market dynamics aren’t the same everywhere for lots of reasons. For instance, check out cash purchases, distressed sales, and sales volume.

UPDATE: Here is the post from Capital Public Radio.

This data table compares Sacramento County in 2010 with 2021This data table compares East Sacramento in 2010 with 2021This data table compares Oak Park in 2010 with 2021This data table compares Del Paso Heights in 2010 with 2021

Thanks for being here. Happy Holidays and Merry Christmas!!

Questions: What are your plans for the holiday season?

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What is goodneighborTV?

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I wanted to share a website I launched today called www.goodneighborTV.com. It’s really for anyone – not just locals in my neck of the woods. It’s about community, conversation and improving neighborhoods. These are some of my very favorite topics in life. But in truth, they’re far more than mere conversations because I’m all about putting ideas into action. I should mention it’s all video too (hence the “TV”).

I have two posts up to kick things off: What does it mean to be a good neighbor? and Socks, underwear, and a sense of vision for my community. I’d love for you to check out the site if you’d like, “like” on Facebook, and let me know what you think.

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