I have another listing in Sacramento’s amazing neighborhood of East Sac, just half a block from my 39th & M listing here in the Fab 40’s… This is an amazing opportunity to live in the Fab 40’s in East Sac! Currently a 5-plex but zoned R-1 with plans for a duplex, the home is almost 3,700 square feet and it is just waiting for your vision to redesign it. There is alley access to the oversized 3 car garage with work areas and it still has a large yard on this huge lot. There is lots of potential here for the right buyer. Please do not disturb...
Read MoreEast Sac Remodel Home Tour
Sunday is the Friends of East Sacramento annual Home Remodeling Tour from 10:00 a.m. to 4:00 p.m. Pick up the flyer for 39th and M and take a look at the property while you are wandering through the wonderful Fab 40’s...
Read MoreSecond Yelp Review
This is another great review on Yelp. I do love my clients. “Nathan Sherman represented us as first time buyers, he is professional, honest and really looks out for his clients. We had some unusual incidents with some offers and he handled them Excellent. I totally recommend him as...
Read MoreOperation Twist
OK, I’m not a fan of the name of this new government plan. It will be amazing to see interest rates on mortgages go even lower than the historical lows that we are at and years from now in the real estate industry I’ll be able to wistfully look back and say “I remember when interest rates were 4%” while we are at a then staggering 8% or something. As with almost all things in the real estate market, I will wait and see what the future brings. If I only had a crystal ball… From CNN MoneyThe Federal Reserve announced “Operation Twist” Wednesday, a widely expected stimulus move reviving a policy from the 1960s. The policy involves selling $400 billion in short-term Treasuries in exchange for the same amount of longer-term bonds, starting in October and ending in June 2012. While the move does not mean the Fed will pump additional money into the economy, it is designed to lower yields on long-term bonds, while keeping short-term rates little changed. The intent is to thereby push down interest rates on everything from mortgages to business loans, giving consumers and companies an additional incentive to borrow and spend...
Read More39th and M Stucco
Updates on 39th and M: The second coat of stucco is on and I’m going to head over to the property to give final feedback on the color choice for the third and final coat that will go on in the next couple...
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