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Posts Tagged ‘Sacramento Real Estate’

We made Top 50 TEAMS in the NATION!!!!!

Tuesday, August 10th, 2010

 For the first 1/2 of the year we were ranked in the top 50 nationwide. We came in at #33 and are very excited. We went down a couple of spots from March-April, so we are pushing to keep that ranking. We have one of the hardest working teams out in the market place!!! Thank you to all of our Buyers, Sellers, and Asset Managers who trusted us!! We a

Tyler Smith % Team make TOP 50 IN THE NATION

re here to serve!!!

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Sacramento April home sales prices increase from year earlier

Tuesday, May 25th, 2010

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At the end of the repo road a house gets new life

Thursday, December 10th, 2009

Here’s to long-time renters Ken and Diana Tate and their newborn son, among the first families to buy a Sacramento foreclosure renovated with federal stimulus funds.The couple paid $117,000 for a house near Fruitridge Road and Highway 99, and moved in two weeks ago.

The Housing Group Fund, small-scale local builders, remodeled the house, and SMUD turned it into a energy efficient model demonstration project.It’s a tiny piece of the $3.9 billion federal Neighborhood Stabilization Plan that sent $32 million to Sacramento County earlier this year.

The Sacramento Housing and Redevelopment Agency contributed $86,000 from the allocation to bring back a house nearly destroyed on its way to foreclosure. Said Diana Tate at a ribbon cutting marking the accomplishment Thursday: “It’s been a long time coming.”

In another moving scene, husband Ken said they’d looked at houses for a year.  ”We finally finished the race,” he said.

Here’s a look at the ribbon cutting held in their front yard:

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Posted in Publicity, Real Estate | 1 Comment »

133 area homes fetch $11.5 million at auction

Tuesday, July 14th, 2009

Irvine-based real estate auction giant REDC said Monday that it sold 133 capital-area and Northern California homes for $11.5 million at its Saturday auction at the Sacramento Convention Center. That comes out to about $86,000 per house.

 Spokesman Rick Weinberg of the Real Estate Disposition Corp. said the lowest price was $30,000 received for a house in Stockton. It original housing boom high: $290,000.

The highest-priced house sold Saturday was a 3,418 square-foot giant in Santa Rosa for $714,286. It last sold for $1.1 million.

Weinberg pointed to a couple of Sacramento examples, too:

3324 Felham Way sold for $126,000, 72 percent off its housing boom high value of $450,000.
6408 Calvine Road sold for $73,500 – also 72 percent less than its original high.

REDC says it’s auctioned 19,000 houses nationally so far this year – for $1.3 billion.

Here’s the regional tally:
UCTION SALES
Irvine-based Real Estate Disposition Corp. has auctioned  2,045 Sacramento-area foreclosed homes for $272.9 million since mid-2007:

2007
June 23: 107 homes, $26.5 million
Sep. 29: 144 homes, $22.4 million
Sep. 30: 134 homes, $18 million

2008
Feb. 16: 174 homes, $28.7 million
Feb. 17: 125 homes, $23.6 million
April 19: 169 homes, $20.7 million
April 20: 147 homes, $21.6 million
July 12: 197 homes, $23.4 million
Sep. 20: 183 homes, $21.6 million
Dec. 6: 191 homes, $19.1 million

2009
Feb. 14: 179 homes, $18.7 million
April 19: 162 homes, $17.1 million

July 11:  133 homes, $11.5 million 

Source: Real Estate Disposition Corp.

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