Sacramento Is One Of The Hottest Markets

I was fortunate to grow up in the Bay Area, San Jose to be exact, but now even more fortunate to live and work in Auburn which is a small rural town about 30 minutes east of Sacramento. I say this not just because its a terrific place to live but because as a Realtor in Auburn, Ca I get to sell homes in Sacramento one of the Hottest Real Estate Markets according to a recent article put out by Realtor.com. In fact, it actually ranked higher than my old stomping grounds in San Jose. And if you know San Jose’s real estate market at all, this is a huge undertaking!

Sacramento RiverboatA team of researchers used the following criteria to come up with the TOP 20: They looked at the median days on market and the number of views per listing on Realtor.com to find the 20 hottest markets among the country’s medium-to-large metropolitan areas. In these metro areas—which may include several nearby communities—buyers are motivated and homes for sale are here today, gone tomorrow.

Check out the full article to be able to see the entire list of top markets. There are some definite surprises!

http://www.realtor.com/news/trends/hottest-markets-may-2016/

Want To Put In A Pool? Go Ahead It’s A Great Time To Do It!

With the drought looming over us for the past few years many homeowners felt they would hold off on that luxury because of the water restrictions.  Well, this may be your year to do it with some of the water restrictions lifted for filling your pool.  I’ve spoken to Mike Bradley of NorCal Pools who happens to

also be the company we used to install our pool.  And it appears this is the perfect time to set up an appointment to have a pool company give you a quote. Mike says; ” Don’t wait until it gets hot to book an appointment because you are beating the clock to get your pool in by the summer!”.


According the the California Pool and Spa Association (CPSA) website, once the 2016 Urban Water Management Plans are developed and implemented by local cities and water districts it is expected that the number and type of unwarranted water use restrictions the CPSA will have to respond to will be substantially reduced. Hopefully swimming pools and spas will no longer be targeted going forward in a manner that threatens the construction or remodeling of swimming pools, spas and hot tubs.  In addition CPSA says, the good news is that public entities seem to be moving away from fill restrictions and permit bans for pools, spas, and hot tubs and centering their attention on covers as the primary conservation restriction applicable to the industry.


This is good news!  And although we should all continue to conserve water even if they lift water restrictions (that is a good habit to always have) we can now feel comfortable about building or remodeling a pool with hopefully a pool cover and new energy efficient equipment to also conserve energy!

Finding A Rental In Placer County

Have you been pulling your hair out trying to find a rental in Placer County?  Or actually anywhere? Its true that it is nearly impossible to find an available home or apartment to rent and if you are not on top of it, well you could find yourself out of luck!

So, how do you navigate through it all so you end up with a place?

1) First you have to know where to find the property management sites for the area.  It would be nice if there was just one site you could go to that had everything posted, but that would be too simple! (until now check out the rest of this blog) Instead you need to go to each site and see what they have posted.  And the posting can change daily.

2) Have all your paperwork ready to go so when that perfect place pops up you can jump on it. And when I mean paperwork you will need the following: employment history, income history, rental history, bank and credit references, make and model of any cars, personal references, and in-case of emergency contacts. Info on other housemates too (if applicable)

3) Fill out an application with the property management company once you have found the house you like. The info in step two will help you fill the application easily.  Some property management companies have an application fee ($35-$40 is average) and this has to be done before you even see the house.

4)  Be quick to respond to any communication from the property manager.  Be honest as to who will be living there, whether you have pets, and any other info they ask.  Most homes will require a year long lease.  Month-to-month rentals are rare so be prepared.

Keep in mind that most real estate agents do not deal in property management but many real estate companies may have a designated person in their office that does work with rental houses.  When contacting a real estate office explain you need a rental and ask for their agent who handles it.

Here is a list of some property management companies and websites for Placer County that can give you a running start!

Lyon Property Management 

Huber Property Management

Sutherland Property Management

Courthouse Property Management

Gold Country Craigslist

RentalHouses.com

Homes.com

Loffman Properties

Realtor.com

Luxury Home Market In The Sacramento Region

If you have been thinking of either selling or purchasing a luxury home in either Placer County, Sacramento County, El Dorado County or Yolo County here is an update on how the housing market for homes over $900,000 did in 2015.  It appears 2016 will be another terrific year for the distinguished buyer or seller.  Take a look at the video link below to hear from the President of Lyon Real Estate, Pat Shea.  Lyon Real Estate is the leader in the 4 county area in listings and sales, as well as, most luxury homes sold year after year.  

Congratulations to Placer County Wine Trail Award Winners!

I want to do a shout out to our local wineries in Placer County!  Placer County vintners won some very prestigious awards in the SF Chronicle Wine Competition which is considered one of the most important wine competitions.  Here is a list of the winners with a special acknowledgement to Le Casque and Vina Castellano!

Participation in this year’s competition yielded significant returns for Le Casque, with its 2012 Cabernet Sauvignon and 2014 Sergent Port each awarded Best in Class while two other vintages garnered silver medals. Viña Castellano, whose Tempranillo earned Best of Class in last year’s competition, gained a Double Gold award for its 2012 Mourvedre this year, along with four silver medals.

The full list of 2016 San Francisco Chronicle wine competition winners from Placer County includes:
  • Le Casque: Two Best of Class and two Silver medals
  • Viña Castellano: One Double Gold and four Silver medals
  • Wise Villa Winery: Four Silver, five Gold and three Bronze medals
  • Mt. Vernon Winery: Five Silver and 2 Bronze medals
  • Popie: Three Silver and one Bronze medal
  • Secret Ravine: Two Bronze and one Silver medal
  • Lone Buffalo Vineyards: Two Bronze and one Silver medal
  • Fawnridge Winery: One Silver, one Gold and one Bronze medal
  • Dono dal Cielo: Two Silver medals
  • Pescatore Vineyard and Winery: One Bronze medal
  • Bear River Winery: One Silver medal
Placer County Wine Trail is home to 20 Placer County wineries that expand throughout the foothills and are easily accessible from I-80 and Highway 49. For a complete list of participating wineries, venue details and directions, please visit www.PlacerWine.com.

New Homes In Rocklin and Roseville California

Here is a very informative presentation given by both the Roseville and Rocklin Chamber of Commerce to the Placer County Association of Realtors.  There is an enormous amount of housing growth and infrastructure slated in 2016 and beyond.  It is promising to see our economy being able to support new housing,  new play fields, an additional college, increase retail stores and so much more. Take a moment and discover the future of Rocklin and Roseville! Click on the link below:


Great Tip For A Tax Deduction

If you are like my family, January is the month to start getting all of our tax stuff together. It’s not fun (mostly for my husband) but it does help to get a jump on it so we aren’t scrambling.  Plus, with the rainy weather we can justify spending the time indoors in our home office rummaging through papers.

So, I thought I would forward you a particular tax tip which I found helpful.  I discovered it on the Turbo Tax website.  It refers to contributions into your retirement account:

If you haven’t already funded your retirement account for 2015, do so by April 18, 2016. That’s the deadline for contributions to a traditional IRA, deductible or not, and to a Roth IRA. However, if you have a Keogh or SEP and you get a filing extension to October 17, 2016, you can wait until then to put 2015 contributions into those accounts. To start tax-free compounding as quickly as possible, however, don’t dawdle in making contributions.

Making a deductible contribution will help you lower your tax bill this year. Plus, your contributions will compound tax-deferred. It’s hard to find a better deal. If you put away $5,000 a year for 20 years in an investment with an average annual 8 percent return, your $100,000 in contributions will grow to $247,000. The same investment in a taxable account would grow to only about $194,000 if you’re in the 25 percent federal tax bracket (and even less if you live in a state with a state income tax to bite into your return).

To qualify for the full annual IRA deduction in 2015, you must either: 1) not be eligible to participate in a company retirement plan, or 2) if you are eligible, you must have adjusted gross income of $61,000 or less for singles, or $98,000 or less for married couples filing jointly. If you are not eligible for a company plan but your spouse is, your traditional IRA contribution is fully-deductible as long as your combined gross income does not exceed $183,000.

For 2015, the maximum IRA contribution you can make is $5,500 ($6,500 if you are age 50 or older by the end of the year). For self-employed persons, the maximum annual addition to SEPs and Keoghs for 2015 is $53,000.

Although choosing to contribute to a Roth IRA instead of a traditional IRA will not cut your 2015 tax bill—Roth contributions are not deductible—it could be the better choice because all withdrawals from a Roth can be tax-free in retirement. Withdrawals from a traditional IRA are fully taxable in retirement. To contribute the full $5,500 ($6,500 if you are age 50 or older by the end of 2015) to a Roth IRA, you must earn $116,000 or less a year if you are single or $183,000 if you’re married and file a joint return.

The amount you save for making a contribution will vary. If you are in the 25 percent tax bracket and make a deductible IRA contribution of $5,500, you will save $1,375 in taxes the first year. Over time, future contributions will save you thousands, depending on your contribution, income tax bracket, and the number of years you keep the money invested.