Desperate Home Buyers Push More Homes to
Sell Above List Price
Home prices continue to defy recessionary expectations, having increased to new heights in 2020.
Nationally, 22% of homes sold above their list price as of September 2020, according to Zillow. Here in California, the share of homes selling above list price was:
- 33% in Los Angeles, up from 21% a year earlier;
- 33% in Riverside, up from 16% a year earlier;
- 35% in Sacramento, up from 23% a year earlier;
- 34% in San Diego, up from 16% a year earlier;
- 49% in San Francisco, up from 43% a year earlier; and
- 43% in San Jose, up from 30% a year earlier.
Ralene Nelson, REALTOR
FOR SALE – Delta Diamond Farm Estate & Event Center
Asking $3,250,000, 25+acres, 4 stories, 3850 sqft Victorian home, the potential for 5 beds, 3.5 baths, located on 25.1 acres, currently operating as a wedding event compound & family/corp. events, & is permitted. Expansive lawn area & beautifully landscaped courtyard with 3 self-contained cottages. Barn (8000 sqft) & metal workshop constructed in late 1880s, renovated with concrete perimeter foundation/slab floor, & full loft. 50’s Replica Gas Station remodeled as operational restrooms. New 2300 sqft 6 carriage house w/half bath. 4200 sqft metal building set up for catering, (refrigerators, freezer, ice machine, table/chair/linen storage w/industrial washer/dryer.3200 sqft metal newer building, equipped with workshop, office, bedroom & full bathroom w/shower. Property has 2 wells (domestic/agricultural) w/riparian rights from Sacramento River. River access with 60 ft custom dock & waterfront observation deck. READ MORE
Real Estate News
2021 Home Prices: What You Need to Know
Whether you’re buying, selling, or staying put, you might be feeling unsure about whether a change in home prices will impact your housing plans this year—especially after everything that happened in 2020. Shudder. We get it.
The cool thing is, home prices haven’t been dropping—a relief for sellers. They haven’t been shooting up like a bottle rocket either, which keeps buyers from getting overwhelmed by sticker shock.
Sure, keeping an eye on home prices can give you an idea of what to expect if you plan to buy or sell a house any time soon. But making a decision based on a single trend is almost the same as making one based on a fortune cookie—As the sun will rise, so shall your home plans. What? Exactly. READ MORE
How to Sell a House
So you’re ready to sell your house. While 2020 might have gotten off to a rocky start, selling your home to move onto your next adventure is one way to turn life’s lemons into a sweet pitcher of lemonade.
No matter what else is going on in the world, selling your house is always a big deal. You probably have countless memories there, and you’ve spent time, money, and effort making it a special place. Just remember, if selling is the right thing for you and your family, it’s worth it!
If you’re ready to make a move, you want to do it the smart way. This article will help you learn how to sell your house quickly and for the most money.
Easy DIY Projects You Can Tackle This Weekend
These easy DIY Home Projects will Make Your Space Look Like a Million Bucks in No Time
The coronavirus pandemic has many people spending more time at home than ever—and eager to tackle some home projects during their time spent inside. However, while learning to drywall or repaving your own patio may be more of an investment of time and money than most people are inclined to spend right now, there are plenty of easy projects you can take on to completely transform your home in a couple of days or less.
1) Make your own hand-painted wallpaper.
No budget for expensive wallpaper? No problem! Cassandra Campana of Cass Creates says this project cost virtually no money and was quick to complete. “I used a level and long piece of scrap wood to draw the vertical lines along the wall. Then, I cut two pieces of scrap wood at an angle and glued them together to make a template for the rest of the pattern,” she explains. After penciling the design on the wall, she painted it using a thin brush. (For more details on how she completed it, click here).
2) Create your own DIY coffee station
Tired of having too many mismatched mugs in your cabinet? Consolidate your collection and keep your morning pick-me-up accessories in one place with this easy coffee station from Jes and Madhu Das of Yea We Built That.
After you’ve sanded your wood and sprayed it with lacquer, “put the pieces together [and] be sure the shelf is at a 90-degree angle so your shelf contents don’t slide off,” says Jes. She adds that the mug hooks under the station can be purchased at any hardware store. (For more insight into this project, click here.)
3) Build your own slide-out crate organizer.
If you want more entryway storage but don’t have a lot of space, these sliding milk crates might just be the best way to combat your clutter.
“We had a couple of [crates] lying around so we decided to turn them into functional items where we could actually store things we need access to on a regular basis,” says Jes. After spray painting the crates, she attached sliding drawer tracks to the crate and wall, making sure to measure and re-measure to ensure functionality.
4) Create your own custom mirror.
Transforming that lackluster mirror into a statement piece is easier than you might expect. “I recently turned a plain wooden mirror into a gorgeous rose gold piece using only white paint, tape, and a can of Rust-Oleum spray paint in rose gold,” says DIY blogger Sarah Macklin of Dream of Home. She simply painted the corners with white paint, covered them with tape once they were dry, and used spray paint for the rest. (For the full DIY, click here.)
5) Reupholster your headboard
Want to brighten up your bedroom in no time? All it takes is a weekend and some elbow grease to make this gorgeous headboard. “This update was inexpensive and made a huge impact, but it did take a couple of coats to cover the gray color of the original upholstery,” says DIYer Amanda Poe of BohoFrisco.