Corona Virus Archives

Is the Health Crisis Driving Buyers Out of Urban Areas?

Many Homebuyers Leaving the Urban Lifestyle. The pandemic has caused consumers to re-examine the components that make up the “perfect home” in an urban area, handy to shopping, entertainment, and more. Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban (yay - Roseville CA is a lovely suburban option) or rural life (less congested which includes places like Penn Valley, Forest Falls and more in Placer County). The fascination with an open floor plan seems to be fading … Continue reading...

Time to Sell Your Vacation Home?

Do You Own a Vacation Home Near Roseville or Beyond

Coronavirus Leading to Many Selling Their Vacation Home The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully recover. Homeowners who rent their secondary properties as a vacation home, on their own or through programs like Airbnb, which has over 660,000 listings in the U.S. alone, have been impacted in this challenging time. Some of these homeowners are considering selling their vacation homes, and understandably … Continue reading...

Roseville Area Home Prices: It’s All About Supply and Demand

Wondering About Roseville Home Prices? As we here in the Roseville and Sacramento area enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on our Sacramento Greater Valley area including Roseville home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come here in Roseville and beyond. Too Few Homes For Sale Making our way through the month of June and entering the second half of the year, we face an undersupply of homes on the … Continue reading...

#1 Financial Benefit of Homeownership: Family Wealth

While growing up, I, along with many of you, was taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent, that money is lost forever. When you make a mortgage payment, much of that money accumulates as equity in the home. So, what exactly is equity? The equity in your Roseville or Sacramento area home is the amount of money you can sell it for minus what you still owe on the mortgage. Every month you make a mortgage payment, and every month a portion of what you pay reduces the … Continue reading...

Will the Housing Market Turn Around This Year?

Sun City Roseville golf courses are open as are other Roseville golf courses and businesses

Today, many in Roseville CA are asking themselves if they should buy or sell a Roseville home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the Roseville Sacramento area real estate market is going to change and when the economy will turn around. If you’re trying to figure out what’s going to happen and how to play your cards this year, you’re not alone. This spring in the 2020 NAR Flash Survey: Economic Pulse, the National Association of Realtors (NAR) has been tracking the behavior … Continue reading...

A Surprising Shift to the ‘Burbs May Be on the Rise

Kaye Swain Roseville REALTOR shares Burbs

While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today, including Sacramento, are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially if you can also walk to some of these hot spots and have a short commute to work. The trade-off, however, is that highly populated cities can lack access to open space, a yard, and other desirable features. These are the kinds of things you may miss when … Continue reading...

Unemployment Report: No Need to Be Terrified Here in Roseville CA and Beyond

Unemployment info should be clarifying not terrifying in Roseville Sacramento and beyond

Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even higher. These numbers represent the extreme hardship so many families, including here in Roseville and the surrounding Sacramento area, are experiencing right now. That pain should not be understated. However, the long-term toll the pandemic will cause should not be overstated either. There have been numerous headlines claiming the … Continue reading...

Will Home Values Appreciate or Depreciate in 2020?

With the housing market staggered to some degree by the health crisis our country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item. Each month the National Association of Realtors (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for the REALTORS Confidence Index. Their latest edition sheds some light on the relationship between seller traffic (supply) and buyer traffic … Continue reading...

A Day When Americans Can Return to Work [INFOGRAPHIC]

Some Highlights Taking a moment to reflect upon what we’ve heard from historical leaders can teach us a lot about getting through the many challenges we face today. We’re all eager for the day when every American can safely return to work, including so many here in the Roseville Sacramento area. That day is coming. Timing is everything. Patience is essential. Our courage, strength, and unparalleled resilience will get us there. … Continue reading...

Unemployment: Hope on the Horizon

Tomorrow, the unemployment rate for April 2020 will be released by the U.S. Bureau of Labor Statistics. It will hit a peak this country has never seen before, with data representing real families and lives affected by this economic slowdown. The numbers will alarm us. There will be headlines and doomsday scenarios in the media. There is hope, though, that as businesses reopen, including here in the Roseville Sacramento area, most people will become employed again soon. Last month’s report indicated we initially lost over 700,000 jobs in this country, and the unemployment rate quickly rose … Continue reading...