REAL ESTATE NEWS

Should I Sell My House?

So, you feel like it’s time to move, but you keep asking yourself, Should I really sell my house? After all, there’s so much history packed inside those four walls—not to mention all your stuff. Your house is the most valuable possession you own in more ways than one.

There’s a lot of uncertainty out there in the housing market, and the news sure isn’t helping. You probably have questions about whether you should sell your house now or wait another year or longer.

The fact that you’re asking questions is a good thing. You’re thinking about your situation rather than giving into the confusion out there. No matter what, selling your home is a big decision. After all, selling at the right time can be a boost to your finances and your lifestyle. While selling at the wrong time can cause trouble for years to come.

But if you’re thinking about selling, there’s no sense in waiting to see if the value of your home will double in the next year or two. The short answer is: It won’t. You should probably sell now . . . if you’re ready.

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Should I sell my house now or wait?

Deciding whether it’s the right time to sell your home can be perplexing. There are numerous important questions to sort through, both financial and personal, before putting your home on the market.

Rising home prices, buyer demand and interest rate increases are just some of the factors to bear in mind. But it’s also important to ask yourself whether you’re ready to move — and if you’ll be able to find another home that fits your budget in a highly competitive market.

According to Fannie Mae’s most recent Home Purchase Sentiment Index, about 51 percent of consumers believe that now is a good time to sell. Here are some key considerations to help decide whether it’s the right time for you. READ MORE

4 Things to Consider Before Selling Your Home

When To Sell

If you’re still unsure how to decide when the right time to sell is, here are a few points to consider that may help you reach an answer.

If Interest Rates Are Low

If mortgage interest rates are low, it might be a good time to sell your home and find a new one. Lower interest rates mean you pay less in interest – or, in other words, save more money financing your new house.

Low rates can also be a double-edged sword for homeowners, though. They often create a lot of demand, since buyers will be looking to take advantage of low rates.

This means that you can potentially sell your home at a great profit, but you may struggle to find and purchase a new home after that due to high demand. If you’re not worried about buying and selling a house at the same time, though, a period with low rates is a great time to sell your house.

If The Supply Is Low
If You Need To Relocate
If Your Home’s Value Has Increased READ MORE

Ralene Nelson, REALTOR®

JUST LISTED – 125 Sequoia Ct. Rio Vista, 4 bds/2 bths/1,422sf

Asking $485,000. Are you looking to move to a little country town? Well look no further, Rio Vista, located on the Sacramento River, offers the old fashion town with parades and is even known for the Bass Derby. This 4 bedroom & 2 bath home located in a cul-de-sac provides that country feel. This home was renovated in 2019 with cabinetry, granite counters, laminate floors, and HVAC. Bring your water toys!! READ MORE

JUST LISTED – 718 Allender Wy. Rio Vista, 3 bd/2 bth/1346sf

$540,000 – Gorgeous home, shows pride of ownership and has been renovated since purchased. 3 bedrooms & 2 baths with all new flooring/baseboards, interior paint, light fixtures, etc. Kitchen has new painted cabinets with quartz counter tops with island. Auxillary electric heaters in 3rd bedroom & livingroom. Whole house water filter with under the sink reverse osmosis. Front yard has been totally relandscaped with new walkway to front door, with drought resistant landscaping, drip system & timer. Driveway extended as well as sidewalk to the backyard. Backyard has sprinkler sytem as well & patio. Just bring your furniture and enjoy!! Rio Vista is a quaint town located on the Sacramento River, close to SF, Sacramento & bay area. READ MORE

FOR SALE – 514 Montezuma St. Rio Vista

$305,000. Don’t miss this opportunity to purchase a fixer to flip. 2 bedrooms/2baths and single car garage with alley access. Kitchen has had a remodeled, oak cabinets, dishwasher, disposal, & gas stove. Home has all new double pane windows. Refrigerator, washer/dryer convey. READ MORE

FOR SALE – 829 Waterwood Dr, Rio Vista, 2bds/3.5bths/2,486sf

Price Change $649,900 – This Soraya model located in Trilogy, provides a relaxing mood. Tiled floors with carpet in bedrooms, quartz counters & lighter cabinets in kitchen. The kitchen has a bar and room for stools, this feature makes a great entertaining/casual dining spot. The built-in entertainment space in the great room also provides the chef access to the activities. The dining area has a slider to the covered patio area. The larger master bedroom and bath have double sinks & walk-in closet. The 2nd bedroom is to the front of the home with a bath next to the bedroom. Den can be utilized as an office or even 3rd bedroom. Larger lot with low maintenance gardens with drip system. Don’t miss the opportunity to own this home. Solar home, prepaid by the builder for 20 yrs, 14 yrs remaining. Trilogy offers so many amenities with a low monthly HOA fee. 2 swimming pools/spas, tennis & bocce ball courts, billiards, & a gym, and a playground for grandchildren. Cafe/restaurant are in the development so just drive your golf cart & never leave the site.
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FOR SALE – 30 S 2nd St. Rio Vista
Residence and Commercial Building

Asking $699,500 – Are you looking for a home and in need of a business space? Or perhaps a home with a possibility of in-law quarters? This home might meet those requirements. Victorian style home with partial wrap-around porch provides a cozy place for morning coffee or afternoon beverage. 2 bedrooms up with 1.5 baths on the main floor. The possible room upstairs to add at a minimum 1/2 bath. Laminate flooring on the main floor with carpeted stairway & in bedrooms. HVAC & tankless water heater with inside laundry. 2nd building has been used as a commercial, however, could be added onto & remodeled to be ADU/2nd unit. READ MORE

PENDING – 366 Silver Ridge Dr. Rio Vista, 2bd/2ba/1579sf

Price Change $465,000 – This Soraya model located in Trilogy, provides a relaxing mood. Tiled floors with carpet in bedrooms, quartz counters & lighter cabinets in kitchen. The kitchen has a bar and room for stools, this feature makes a great entertaining/casual dining spot. The built-in entertainment space in the great room also provides the chef access to the activities. The dining area has a slider to the covered patio area. The larger master bedroom and bath have double sinks & walk-in closet. The 2nd bedroom is to the front of the home with a bath next to the bedroom. Den can be utilized as an office or even 3rd bedroom. Larger lot with low maintenance gardens with drip system. Don’t miss the opportunity to own this home. Solar home, prepaid by the builder for 20 yrs, 14 yrs remaining. Trilogy offers so many amenities with a low monthly HOA fee. 2 swimming pools/spas, tennis & bocce ball courts, billiards, & a gym, and a playground for grandchildren. Cafe/restaurant are in the development so just drive your golf cart & never leave the site. READ MORE

Events in Northern California this Week-End

California State Fair, 1600 Exposition Blvd, Sacramento
July 15–31, 2022