REAL ESTATE NEWS
Rio Vista Housing Market
On average, homes in Rio Vista, CA sell after 67 days on the market. The trend for median days on market in Rio Vista, CA has gone up since last month, and slightly up since last year.
Should You Still Buy a Home with the Latest News About Inflation?
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession.
You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb. The pinch it’s creating on your wallet and the looming economic uncertainty may leave you wondering: “should I still buy a home right now?” If that question is top of mind for you, here’s what you need to know.
Homeownership Is Historically a Great Hedge Against Inflation
In an inflationary economy, prices rise across the board. Historically, homeownership is a great hedge against those rising costs because you can lock in what’s likely your largest monthly payment (your mortgage) for the duration of your loan. That helps stabilize some of your monthly expenses. READ MORE
Should I buy a house now, or wait?
Buy now, or wait? That’s the question prospective homeowners are struggling to answer in today’s housing market, where home prices have skyrocketed and mortgage rates have surged to a 14-year high. Many would-be buyers are leaning toward the “wait” side of that equation. In fact, 73 percent of consumers believe it is a bad time to buy a home, according to September’s Fannie Mae Home Purchase Sentiment Index, a monthly survey gauging consumer thoughts on the real estate market.
However, there are signals that the seller’s market is beginning to tilt in the opposite direction. A recent report from Redfin shows that the available housing inventory in the U.S. increased to 2.9 months of supply in mid-September — a one-month gain versus a year prior and a signal that homebuyers will have more options to consider if they’re willing to lock in a higher mortgage rate. Plus, more sellers have been lowering their asking prices as they work to attract nervous buyers.
So, is it time to enter the market to buy a home? Or is it better to wait on the sidelines in the hopes that prices or rates drop over the next year? The decision comes down to your finances. Here are some key considerations to help determine the way forward. READ MORE
Ralene Nelson, REALTOR®
OPEN HOUSE – Sat 12:00Pm – 3:00pm & Sun 1:30pm – 3:30pm
JUST LISTED – 295 Sage Meadows Dr. Rio Vista
$559,000 – Calistoga model, with private courtyard, located on a corner lot. New interior paint (including garage) & tile/grout cleaned, gives this home a fresh look. Island kitchen with granite tile, black appliances, w/5 burner gas stove top & maple cabinets. Open floor plan makes this a great home for entertaining & the fireplace makes it cozy. Large master bedroom has bay window, upgraded tile in bath (walk in shower & tub). Den has been enclosed as well as another room, so this could be 4 bedrooms. One can be your den, other can be your craft/sewing room. 2nd bedroom has full bath, with courtyard entrance. Laundry room has sink, cabinets & folding space. Full patio & fencing secures this backyard for your family pet. Trilogy offers many amenities, from tennis, bocce, billards, pickle ball, golf, 2 pools & spas and even playground for grandchildren. Just bring your furniture & make new friends.READ MORE
OPEN HOUSE – SAT 12:00pm – 3:00pm
FOR SALE – 1009 Diamante Dr. Rio Vista
2 bed/2 bath/1439st
$475,000 – From curb appeal to beautiful upgrades, this Pebble Beach model is move-in ready. From white cabinets, a granite kitchen with stainless appliances, to wood flooring to plantation shutters, this home is exceptional. 2 Bedrooms & 2 baths have carpet in bedrooms & double doors in the den, making this home very cozy. Upgraded landscaping to drought resistance and a patio with cover. Bring your furniture and join the numerous activities available & take advantage of the amenities your HOA fees include, tennis, bocce, billiards, 2 pools/spas, gym, and more.READ MORE
OPEN HOUSE – Sun 1:30pm – 3:30pm
FOR SALE – 623 California St, Rio Vista
2 bed/1 bath/934sqft/4,792sqft lot
$415,000 – Adorable cottage/bungalow, 2 bedroom, 1 bath and has been updated. Larger backyard with patio & raised garden beds for your vegetables. The kitchen has been remodeled & there is an inside laundry & single car garage. Convenient location, walk to town for breakfast, snack, and/or dinner. READ MORE
PENDING SALE – 147 Gardiner Way, Rio Vista
PRICE CHANGE $499,500 – Custom Craftsman Cottage, w/detached carport, 70 ft driveway, workshop & studio on a shy 1/4 acre lot. 3 bedroom, possibly 4, with 2 baths, painted in vibrant colors. Laminate floors & white blinds brings out the artsy homeowner. Kitchen has painted cabinets & bead board walls/backsplash, Corian counters with added cabinetry. Main bath has a stall tile shower & separate tub, quartz counters with white cabinets. 2 bedrooms have built-in cabinets & new laminate floors/fans. The family room can be the 4th bedroom/bath also has a tiled shower. FM also has a wood burning stove w/built-ins. Sunroom can be a great entertaining spot along with the large patio that has room for a built in kitchen/BBQ. The workshop has wall air conditioner, dark room with grey water sink. The She craft/studio room can be utilized for crafting or potting area. Homeowner has built numerous planter boxes for the gardener. YES, room for your RV/toys, carport with garage door. Don’t pass up this home!! READ MORE
PENDING SALE – 245 Harvest Hills Ln, Rio Vista
2 bed/2 bath/2440 sq ft
$675,000 – This home is exquisite, with a fabulous lake view Don’t miss this opportunity to own this home and enjoy this relaxing environment. Two bedroom w/2.5 baths, & bonus room. A chef’s kitchen w/5 burner gas cooktop, convection oven & microwave, entertainment bar w/wine refrigerator, bottle & stemware storage/sink, as well as, quartz counters, glass tile backsplash, stained beech cabinetry, reverse osmosis at kitchen sink, refrigerator water/ice maker. Custom cabinets in laundry/office, sink & stackable washer/dry. The great room has media cabinetry & Bose home theater package & view of the lake. Master bedroom w/bay window has built-in vanity & 2 dressers between master bedroom closets. 5 crown molding in entry, great room, formal dining & master bedroom & 3.5 plantation shutters throughout home. Extended patio w/custom cover & remote controlled shade & built-in gas BBQ. Fenced backyard w/gate to walking path. Tandem garage w/epoxy floor w/overhead & custom garage storage racks/cabinets. READ MORE
FOR SALE – 275 Harvest Hills Ln. Rio Vista
2 bed/2 bath/1,853sqft/6,050sqft lot
$599,000 – Don’t miss this opportunity to own this beautiful Reflect model located on one of the lakes & near the dog park. As you enter, you see beautiful tile floors, and the lake, which gives you a very peaceful feeling. A chef’s kitchen with granite counters, soft closing drawers, some pull-out drawers, 5 burner gas stove top & stainless appliances. The home has been upgraded with a double-sided fireplace, surround sound & built a den with desk & shelving. The main bath has been upgraded to a soaker tub & Corian walls surrounding the tub/shower. The primary bedroom has a bay window, providing a peaceful area to read a book & enjoy the lake. Landscaping is low maintenance with an extended patio & concrete sidewalks around. Prepaid solar & sellers have installed backup Telsa batteries for power outages (paid). So bring your toys & enjoy the amenities, such as the gym, tennis, pickle ball, bocce, golf and join the various club activities. Never a dull moment. READ MORE
FOR SALE – 1536 Michigan St. Fairfield
3 bed/2 bath/1,260sqft/4,792sqft lot
$485,000 – This is a great starter or retirement home, close to shopping, Hwy 80 & Amtrack & perfect home for a commuter. This 3 bedroom & 2 bath home has new interior paint, carpets, laminate flooring, light fixtures, dual pane windows, tankless water heater & newer roof & air condenser. Master bath has new vanity & flooring. Kitchen has new flooring, appliances, stainless sink, painted cabinets, & resurfaced counter tops. Home has a large family room, perfect for entertaining. Patio is the length of home. Although 1 car garage, home has carport for at least 2 cars & RV parking on side. Larger lot & drought resistant front yard & shed. Just bring your furniture, home is move in ready. READ MORE
FOR SALE – 404 Riverwood Ln. Rio Vista, 2bd/2bth/1391sf
$450,000 – Big Sur model & no rear neighbors!! Located in the Active Adult Community, Trilogy. Relax in this lovely backyard & watch the wild life. 2 bedrooms/2 full baths and den with double doors. Both master bedroom and den have bay windows that provides a more open feeling. Master bath has walk in shower & closet, double sinks, white tile counters, Dark kitchen cabinets, Corian counters w/tile backsplash, black appliances & tile floor. Stove is electric, however, is plumbed for natural gas. The dining area overlooks the backyard. Patio with all weather cover, great for BBQ in the rain. Garage has storage cabinets. Just bring your furniture and enjoy the activities, tennis, bocce, new gym, 2 pools & spas. READ MORE
FOR SALE – 731 Turnberry Ter Rio Vista
2 bed/2 bath/1410 sq ft
$434,900 – NO BONDS-Spinnaker mod1:30el with private backyard. This 2 bedroom, 2 bath home feels like a very relaxing cottage for a retirement home. The patio provides a quiet place for morning coffee & afternoon beverage. Den has built-in book/curio shelves & bay window. The Master bedroom has a bay window, which creates room for a sitting area. New hot water heater. Enjoy amenities such as golf, tennis, bocce, pools/spas & a new gym, and more. READ MORE
Events in Northern California this Week-End
Oaktober Harvest Festival
Sat, Oct 22, 12 – 4 PM
Civic Center Plaza, Oakley, CA
We are excited to celebrate our 14th Oaktober Harvest Festival happening on Saturday, October 22nd from 12:00 PM to 4:00 PM in Civic Center Plaza.
This year we are revamping our fall festival to include beer and wine, a family-friendly costume parade, our iconic canine parade, a pumpkin decorating contest, and more! Stop by Civic Center Plaza to celebrate the fall season with over 30+ vendors, food trucks, and more Oaktober Harvest Festival entertainment. READ MORE
Family Fall Fest – Coco County
Sat, Oct 22, 5 PM – Sun, Oct 23, 12 AM
2175 Willow Pass Rd, Concord, CA
Family Fall Fest ’22 is our yearly Fall celebration where we celebrate our community of artists, entertainers, artisans and more!
Come one, come all! You are invited to our annual Family Fall Fest celebration. We celebrate our community of artists, entertainers, artisans, creators and more!
Check-off your holiday lists early with all the unique gifts and more from a variety of makers, artists, food vendors at City Park in our Fall designed marketplace supporting small businesses from all over the Bay Area.
Costume Walk 11AM
Special Guest Character 12PM – 2PM
Scarecrow Scavenger Hunt available throughout the market for treats and more in our pop-up pumpkin patch
This event is FREE, but the pumpkin patch has an upcharge of $10 per person which includes a mini pumpkin of choice for crafting activity. READ MORE
Concord Halloween kids fest
Oct 23, 7 PM – Oct 31, 12 AM
1320 Willow Pass Rd #1320, Concord, CA
Concord kids fest| Halloween crafts and lots of spooky fun |
Come out and enjoy creating keepsake crafts for the spooky season. We will have a costume winner for best costume. You can pick between 3 different crafts which are listed on the flyer. we will have a Halloween movie (kid friendly) playing on the wall. There will be snacks and each child will leave with a candy bag Including trinkets. READ MORE
LODI HALLOWEEN FEST: Rock for Relief 2022, Idol Beerworks
Sat, Oct 22, 2 – 11 PM
IDOL Beer Works, 100 S Sacramento St, Lodi, CA
LODI HALLOWEEN FEST is an all-day ultimate craft beer, mouthwatering food, pop, alternative, and hard rock music festival experience right in your backyard! Hosted at IDOL Beer Works in the heart of downtown Lodi, guests can expect the ultimate experience, from mouth-watering award-winning beer and food to American Idol-level vocal performances and full-fledged hard rock/ metal bands with national acts coming from Los Angeles.
LODI HALLOWEEN FEST starts at 2 pm on Saturday, October 22nd, till 11 pm; with this level of entertainment and family-friendly fun, ticket holders would expect to stay the entire duration and be left wanting more! Costumes are highly encouraged with a multiple-prize costume contest that you don’t want to miss!
This year LODI HALLOWEEN FEST: Rock for Relief will be donating a portion of all ticket sales to support Ukraine and local Lodi charities. Visit www.lodihalloweenfest.com