Newsletter, 10/29/21

United States Existing Home Sales

Existing-home sales in the US unexpectedly jumped 7% to a seasonally adjusted annual rate of 6.29 million units in September of 2021, the strongest level in 8 months. Each of the four major US regions witnessed increases in home sales. Total housing inventory amounted to 1.27 million units, down 0.8% from August. The median existing-home price for all housing types was $352,800, up 13.3% from September 2020, marking 115 straight months of year-over-year increases. “Some improvement in supply during prior months helped nudge up sales in September. Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year. As mortgage forbearance programs end, and as homebuilders ramp up production – despite the supply-chain material issues – we are likely to see more homes on the market as soon as 2022”, said Lawrence Yun, NAR’s chief economist. source: National Association of Realtors

United States Existing Home Sales Forecast

Existing Home Sales in the United States is expected to be 5600.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Existing Home Sales is projected to trend around 5500.00 Thousand in 2022 and 4700.00 Thousand in 2023, according to our econometric models.

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Ralene Nelson, REALTOR®

JUST LISTED – 16070 Eucalyptus Dr, Isleton
2bed/2bath/1,344sf

For Sale $175,000 – Vieira’s Resort, located on the Sacramento River is an excellent location to retire or for a first-time homebuyer. This home has been renovated in the last 5 yrs, kitchen includes new appliances, cabinets, counters & flooring. New laminate floors in living room/dining & hall. Baths & Laundry have the same flooring as the kitchen. The kitchen has island cooking/bar space. The living room has a vaulted ceiling & a wood-burning stove. Large master bedroom full width of home, w/skylight & large walk-in closet. Coleman central heater & newer swamp cooler, new hot water heater. Concrete around home & 2 sheds for storage. The back patio faces the picnic area. Just bring your fishing boat & rods!!
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Coming Soon – 549 Western Hills Dr, Rio Vista

Fantastic opportunity to own this Asti model, in Trilogy, the Active Adult Community. If you love to entertain your family & friends, BBQ & more, this is the model. Larger home with large island kitchen/great room with fireplace and living/dining room for the more formal meal. Den with double doors can make for a 3rd bedroom. Not one but two patio areas that fit the time of day or season, add a small fire pit for those cozy evenings. This 2 bedroom, 2.5 bath home has room for overnight stays. CALL RALENE NELSON for MORE INGO at 707-334-0699.

REAL ESTATE NEWS & VIEWS

Buying or Selling a Home in Winter: What You Need to Know

Nobody buys or sells a home in the winter. Right? Wrong! In fact, if you checked the numbers, you’d find that a good chunk of home purchases happen during the coldest months of the year. Besides, many southern regions aren’t all that affected by the change in seasons. But even if you live up north, homes are still getting bought and sold despite icy roads and snow-covered roofs.
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Pros and Cons of Buying and Selling a Home in the Winter

As with every decision in life, there are pros and cons to buying or selling a home in winter. Many homeowners believe selling a home during the colder months is not a good idea and that spring is the best time to sell. This isn’t exactly true. Most real estate markets across the country do experience a spring rush, however, the winter season may be a good fit for many reasons. READ MORE

Things To Do This Week-End

Disney On Ice Presents Let’s Celebrate

Grab your Mickey ears and get ready for the ultimate party when Disney On Ice presents Let’s Celebrate skates into your hometown with more than 50 unforgettable Disney characters. Hosted by Mickey and Minnie, go on an adventure through 14 of the greatest Disney stories ever told. Sing along with Olaf as he dreams of summer and dance with Aladdin as he stays “one jump ahead” in Agrabah. Share Forky’s wonder as he learns what it means to be a toy and forget your worries with Timon and Pumbaa. Dream big with the courageous Disney Princesses and much more as you create new memories with your whole family at Disney On Ice presents Let’s Celebrate.
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Hired Gunn at Black Oak Casino
October 30, 2021@ 9:00 pm

Tuolumne County’s Classic Rockin’ Party

Join us Saturday at 9PM for our “day before Halloween Halloween” party! Costumes are welcome as long as they don’t include weapons or full face masks!!

All Discover Diablo hikes are subject to, and will honor, all applicable COVID-19–related restrictions in place for our area.

About this Event

Come celebrate Halloween on the trails of Black Diamond Mines Regional Preserve — costumes are optional but encouraged! Our route takes us to the old Rose Hill Cemetery and beyond; among the rocks and vegetation, look for signs of the mining activities that occurred here more than 100 years ago.
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Mountain Heirloom Quilt Faire – Mid-Summer Night
Friday thru Sunday

Ironstone Vineyards, Murphys, CA 95247

Show is on October 29, 30, 31 2021 * All three days 10 am – 4 pm * Admission $10 * Good All Weekend * 15 years & under are freeHeld at Ironstone Vineyards, 1894 Six Mile Road, Murphys, CA

The 2020-2021 Scholarship Quilt will be raffled off at 4 pm October 31, 2021
Tickets are still available!

Email guild@ihquilters.com to find out more information.
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