Real Estate Blog

These are all the Blogs posted in June, 2008.
Tuesday, June 3, 2008
How Much of a Mortgage Can I Afford?
Home ownership not only provides a great shelter for you at tax time. If you are in a higher income bracket that shelter can become even more valuable to you. It can also make good financial sense.

So, you may be asking, "How much of a mortgage payment can I afford?"

Rent:_____________________

Multiplier: X 1.32

Mortgage Payment:_____________

Mortgage Interest and Property Taxes continue to remain tax deductible. Because of these deductions, a home buyer can usually afford a mortage payment-including taxes and insurance, that is approximately... Read more
Posted by GreatWest GMAC Real Estate at 5:08 PM
Category:Mortgage & Finance Tags: sacramento real estate news, placer, el dorado, elk grove, roseville, placerville, greatwest gmac
Tuesday, June 10, 2008
BUYING A GREEN HOUSE
Can you remember when buying a green house was meant for the purpose of housing a few special or beloved plants?

However, increasingly the reason for buying a “green” house is understood to mean acquiring an energy efficient home for our families. The terms, “special” or “beloved” now describe the saved green in our wallets, because of living greener and energy efficient, while we are hopefully leaving fewer carbon footprints behind.

The pain at the pump caused by rising gas prices, is working as motivation to our searching ways to become energy efficient in all sectors of... Read more
Posted by GreatWest GMAC Real Estate at 6:25 AM
Category:Free Information & Tools Tags: sacramento real estate, placer, el dorado, roseville, placerville, elk grove, greatwest gmac
MLS Statistics for May 2008
Here are the MLS Statistics for May 2008. GreatWest GMAC has added the graph feature. The data is compiled by the Sacramento Association of Realtors:... Read more
Posted by GreatWest GMAC Real Estate at 10:05 PM
Category:Market Conditions Tags: sacramento real estate news, placer, el dorado, yuba, greatwest gmac
Thursday, June 19, 2008
Number of Sales Increase - While Prices Dip Dramatically
Click link below for latest sales statistics by zipcode. These reflect sales activity through the month of May.

This week - in the Sacramento Bee, as well as other news media, it was reported that the number of sales in the Sacramento Region had increased significantly, as banks dramatically reduce prices on properties they own. Overall, prices have dipped dramatically over a year ago.... Read more
Posted by GreatWest GMAC Real Estate at 7:06 PM
Category:Market Conditions Tags: sacramento real estate news, placer, el dorado, yuba, sutter, greatwest gmac
Friday, June 27, 2008
Living Together While Marketing a Home
What to Do If You Are Divorcing and A Chilly Housing Market is Forcing You to Stay Under the Same Roof

Increasingly, GreatWest GMAC Real Estate Professionals are hearing of a trend - which could remind folks of a tamer version of the movie, “War of the Roses.”

Current real estate market conditions have some divorcing couples looking to separate their lives, but realizing they can’t afford to live apart until their home is sold.

Unlike a few years ago, when many homeowners had loads of equity to share, and really good credit, current times are providing many glimpses ... Read more
Posted by GreatWest GMAC Real Estate at 11:30 AM
Category:Market Conditions Tags: sacramento real estate news, placer, el dorado, roseville, elk grove, placerville, yuba, sutter, greatwest gmac
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