Sacramento Real Estate Video Blog with Forth Hoyt

The Sacramento Experience - November 2018

THE SACRAMENTO EXPERIENCE

Premier Event Newsletter

Check out our great Sacramento Experience newly created each month for our family, friends, and clients! We have scoured the events this month throughout the Greater Sacramento Area to bring you the best of Sacramento. Check out everything that is happening!

Summary of Events:

Forth's Event Pick of the Month:

Tree Lighting Ceremony
Front & K St., Old Sacramento
Nov. 21, 6 PM

Standing center stage at Front Street and K Street in the Old Sacramento Waterfront district, the 60-foot tall Old Sacramento Waterfront District Holiday Tree will be lit for the first time on Wednesday evening at 6 PM.

Celtic Wings

Harris Center
Nov. 1, 7:30 PM

An exciting voyage through time with the Celts, a nomadic people of mythological stature. Acclaimed Riverdance principal dancer Caterina Coyne leads an incredible ensemble of dancers, singers and musicians in the new show Celtic Wings.

Placerville Certified Farmer's Market
Ivy House
Saturdays, 8 AM - 12PM
Until Nov. 10

The Placerville market continues each Saturday until November 10th. Fresh fruit and vegetables, fresh baked bread, nursery items, honey, eggs, flowers and so much more.

Located at the Ivy House Parking lot in Placerville. Free to the public.

Historic Folsom Ice Rink
Opening Celebration
Sutter St. Parking Garage
Nov. 9, 10 AM - 9:30 PM

Ice skating begins on November 9th from 10 AM to 9:30 PM and includes all holidays! Unless it's raining, the ice rink will be open and ready for you!

Festival of New American Music
Crocker Art Museum
Nov. 11, 3 PM

The Crocker is proud to again be a venue for the Festival of New American Music, which highlights contemporary classical music with innovative, avant-garde performances of works by living American composers.

Kevin Hart
Golden 1 Center
Nov. 16, 7 AM

Kevin Hart announced he is expanding his widely successful and massively hysterical 'The Kevin Hart Irresponsible Tour,' adding over 100 new dates across the U.S., Canada, Europe, Australia and Asia.

Produced by Live Nation, the tour kicked off in Baltimore, MD and will hit Northern California for a show on November 16 at Golden 1 Center in Sacramento.

Sacramento Harvest Festival
Cal Expo Pavillion
Nov. 16 - 18

The annual Harvest Festival is returning to the Cal Expo Pavillion from November 16-18.

Stagecoach Rides

Placerville Downtown Association

Nov. 17, 12 PM - 3 PM

Davey Wiser, his Overland Stagecoach, and his crew can be found on 3rd Saturday afternoons near the Bell Tower on historic Main Street between noon and 3 PM. Davey has been giving free rides on Historic Main Street and at other locations in El Dorado County for over 20 years.

Here’s What’s Happening in Our Market

What’s really going on in the Sacramento real estate market? Find out in today’s market update.

Want to Buy a Home? Search All Homes
Want to Sell a Home? Get a Home Value Report

We’ve heard that since the summer, the market has been slowing down and undergoing certain changes. Well, I’ve done some research, and I want to show you what’s actually happening. I recently pulled the homes listed in the $300,000 to $700,000 range for four different counties, looking at the year-over-year data for the period between July-September of 2017 and July-September of 2018. In that period, I saw that the number of homes for sale is up by 23.6%. The number of homes that sold year over year, though, has dropped 5.6%. If you listen to the pundits and doomsayers, the market numbers are changing and there are more homes sitting on the market. But now let’s look at those same trends over the last seven to eight years (consult with the chart displayed in the video above at the 1:05 mark): Comparing it to last year’s figures, the number of homes for sale is up 19% and the number of homes sold is down only 2%. We have a significantly higher number of homes on the market now than last year—about 30%, in fact. This is not affecting how fast homes are selling, and neither is it affecting home prices in a negative way; those prices are still growing.

“

Overall, the homes that are selling are still selling fast.

”

There are a lot of homes that aren’t selling on the market, and many more listings are expiring now than in the past. To calculate the months of inventory—the amount of time it would take for all current MLS listings to sell, given that no new listings come on the market—we divide the total number of homes for sale by the total number of homes that have actually sold. This is usually done on a monthly basis. This figure takes into account the 18% of homes that don’t sell. We do tend to see more expired listings when the market values increase than when the market goes down, and that’s normal. So overall, the homes that are selling are still selling fast. The homes that are not selling are skewing our inventory numbers. Everyone is focused on the increasing inventory, but I think that we need to be focusing less on how many extra homes are on the market and more on what they’re selling for and how quickly they’re selling. If you have any further questions about this topic, go ahead and reach out to me by phone or email. I look forward to hearing from you.

The Sacramento Experience - October 2018

THE SACRAMENTO EXPERIENCE

Summary of Events:

Forth's Event Pick of the Month:

Haunted Hangtown Ghost Tours
Ivy House Parking Lot, Placerville
Fri. and Sat. Nights, 8:45 PM

The Haunted Hangtown Ghost Hunt is not your typical ghost tour. You’ll join our team as we walk the streets of Placerville, “Old Hangtown”, carrying and utilizing some of the latest paranormal equipment to hunt down the spirits that walk the streets of this historic, mining town.

Pink in the Night

Flowers on Main
October

October is Breast Cancer Awareness Month and pink lights help promote the work of Images of Hope and Marshall Medical Center in the fight against this disease. All the pink lights are provided by Images of Hope. Images of Hope will hold a fundraiser on October 20th during the Art and Wine Festival. It will be at Flowers on Main, 318 Main Street from 6-9 PM.

Lunch & Learn
Crocker Art Museum
October 2, 12 & 1 PM

Join an in-depth examination of Deborah Turbeville, 1976, by Duane Michals. Before or after the 30-minute gallery conversation, take time to enjoy lunch at the Crocker Cafe by Supper Club.

DakhaBrakha
Harris Center
October 2, 7:30 PM

Come for a fascinating trip to the Ukraine, one like no other. Created in 2004 by the avant-garde theatre director Vladyslav Troitskyi, three women and a man utilize world rhythms and a range of traditional instrumentation that is Indian, Arabic, African, Russian and Australian in origin. The bright, unique and unforgettable sound of DakhaBrakha (the name that means “give/take” in the old Ukrainian language) rests on the quartet’s astonishingly powerful vocal range, while their roots in theater are never far away— their shows are always staged with a strong visual element. Named the “Best Breakout” band at Bonnaroo by Rolling Stone.

Journey & Def Leppard
Golden 1 Center
October 4, 7 PM

Promising to be the Tour of the Year, two of the world’s greatest rock bands – Def Leppard and Journey – are teaming up for a massive co-headlining North American tour composed of both stadium and arena concerts, half the shows being closed by Journey and half by Def Leppard.

Sacramento Aloha Festival
Cal Expo
October 6, 9 AM

Aloha and welcome our very own Sacramento Aloha Festival. Coming up on 8 years, the Ka’onohi Foundation is proud to present a fun family day in the Sacramento sun with free admission. So, if you are interested in anything related to the Polynesian cultures, take a look at what Saturday, October 6th brings you.

Paws to Party
California Automobile Museum
October 12, 6 PM

The 6th Annual Paws to Party will take place Friday, October 12, 6-9 PM at the California Automobile Museum. Join us for a celebration to benefit the animals of Front Street—highlights include regional restaurants, breweries, wineries, distilleries, element based brass band Shawn Thwaites Rebel Quartet (STRQ), DJ Chango, and more!

Waterfront Yoga

J St. Canopy Waterfront Embarcadero

Mondays, 12 PM

Wednesdays, 6:30 AM

Until October 8

Old Sacramento and The Yoga Seed Collective present a free yoga series on the waterfront. Waterfront Yoga welcomes all ages and skill levels. Come get your zen on right by the water under the canopy shade!

Placerville Wine and Art Festival

Historic Main Street

October 20, 5 PM

This year’s Wine and Art Fest is taking it up a notch with more on-street art offerings and live music. Explore local unique small businesses and art galleries where wineries will be pouring samples. Merchants will be offering food pairings designed to highlight the wines they serve and our local restaurants will be available for dinners as well.

Festifall and Costume Contest

Sutter Street Parking Garage

October 27, 1 PM

Bring the littles to Historic Folsom for some good old fashioned Trick or Treating! Fun and treats up and down the district!

Finding Out What’s Really Happening in Our Market

It seems like no matter where you get your real estate news, the information is always different. This is because real estate is highly localized, but a lot of the news you hear is national.

Want to Buy a Home? Search All Homes
Want to Sell a Home? Get a Home Value Report

I’m always talking to people about real estate and many of them often have questions based on what they hear in the news. To really know what’s going on, you need to understand how real estate information is gathered. It seems like no matter where you get your information, it’s always different. In many ways, real estate market reporting is nothing but white noise. Real estate is highly localized, but a lot of times the news you hear is national, and there’s a lot of variance between your local market and the national market. When the national numbers get mixed with the local numbers, it does nothing but confuse people. One of the biggest problems is the databases doing all the reporting (Zillow, The Census Bureau, etc.) are all different. It’d be one thing if every time you heard a snippet or saw a headline, it was based on the same data set, but it’s not. It’s almost like real estate’s version of “fake news”—the snippet or the headline only tells you part of the story so that you click on it. For example, I recently saw a headline claiming that the Bay Area was one of the top markets in terms of appreciation because prices rose 18%. As I read into that article, though, I learned that they were referring to the average list price, not the average sale price.

“

It’d be one thing if every time you heard a
snippet or saw a headline, it was based on
the same data set, but it’s not.

”

At 4:43 in the video above, you can see some statistics from a July national housing market report. They indicate that there’s more inventory and the volume of sales has gone down compared to the previous month. However, the same article these statistics come from also shows that the median price of existing home sales has been trending in the same direction for the past four years, so the fact that there's more inventory and fewer sales isn't anything out of the usual. This is not to say that markets don’t change, but they change locally based on local influences. If interest rates go up, obviously that’s going to affect more than just your zip code, but there are many more factors that influence home values. As always, if you have any other questions about this or any other real estate topic or you’re thinking of buying or selling a home in our market, please feel free to reach out to me. I’d love to help you.

1408 Helmsman Way, Sacramento, CA 95833

Wonderful Single Family Home Near Downtown Sacramento

SOLD IN 10 DAYS WITH MULTIPLE OFFERS OVER ASKING! 1408 Helmsman Way is a beautiful, immaculate two-story home with 2-car garage in South Natomas. Great floor plan in LR/DR flows nicely with vaulted ceilings, fireplace, & lots of light. Large eat-in Kitchen boasts plenty of cabinets, granite counters, stainless steel appliances, dining bar & access to rear yard. Master Bedroom Suite with vaulted ceiling, bay windows & double sinks in Master Bath. Low maintenance drought resistant landscaping on side and rear yards. Move-in ready - close to schools, park, shopping, restaurants & downtown Sacramento. Hurry - this one won't last!

Sellers' Top 10+ Features:
-Great location with easy freeway access
-Walking distance to Sac & American Rivers
-Open floor plan
-Skylight over living space with high vaulted ceiling
-Nice size bedrooms (all on same level)
-Good surrounding neighbors
-Backyard shaded throughout most of the day
-New front side yard landscaping
-New flooring throughout
-New granite counters in Kitchen
-New rear yard fencing
-New Roof (2 years old)
-New Heat Pump Condensing Unit (1 yr old)
-New HVAC unit installed in 2004

Looking for a home for sale in Sacramento?

See Similar Homes in Sacramento

additional links:

Natomas Unified School District

Sacramento Parks & Recreation

Shopping Near Sacramento/ South Natomas

The Sacramento Experience - September 2018

THE SACRAMENTO EXPERIENCE

Summary of Events:

Forth's Event Pick of the Month:

Fall Antique and Vintage Market
Sutter Street
September 16, 8 AM - 4 PM

Pickers and Peddler's delight! These antique and vintage vendors have just what
you've been looking for! Enjoy the day strolling Historic Folsom and hunt for treasures!

Labor Day Craft Beer Crawl

Old Sacramento
August 31, 6 PM

Beer lovers unite! Join us for a fun night in Old Sacramento on
Friday August 31st for a Labor Day Weekend Craft Beer Crawl!

Premier Concert: Sounds of Unity
with Special Guest Artists
Harris Center
August 31, 7 PM

Ardalan Gharachorloo, an Iranian born violinist, Corey Oiler, a cellist from Kansas City, and their string orchestra will feature original and new compositions blending the sounds of eastern and western music.
The program will include a collection of Persian folk tunes, Tar concerto, fantasia for Persian
percussion and string orchestra.The program will also feature Persian music guest artists.

Olde Coloma Theatre Shows
Olde Coloma Theatre
August 10 - September 16

The Daring Debut of the Day's End Darlings or The Dangers of Women is showing from
August 10 to September 16! Doors open at 7:30 PM on Friday and Saturday nights and
1:30 PM on Sunday afternoons.

J. Cole's KOD Tour 2018
Golden 1 Center
September 4, 7:30 PM

J. Cole has announced that he'll embark on a 34-date tour in support of his
chart-topping new album KOD, with special guest Young Thug. Produced by Live Nation,
the tour kicked off in Miami, FL on August 9 and will make its way to the Golden 1 Center
on Tuesday, September 4.

California State Fair Blue Ribbon Brunch at the Farm
California State Fair
September 9, 10:30 AM

Join us for the 3rd Annual Blue Ribbon Brunch on Sunday September 9, 2018 from
10:30 AM until 1:30 PM. The event will be held at the scenic 3.5 acre California State Fair
Kaiser Permanente Farm presented by Save Mart.

Stagecoach Rides
Placerville Downtown Association
September 15, 12 PM

Davey Wiser, his Overland Stagecoach, and his crew can be found on
third Saturday afternoons near the Bell Tower on historic Main Street between
noon and 3 PM. Davey has been giving free rides on Historic Main Street and at
other locations in El Dorado County for over 20 years.

What’s Really Going On in the Sacramento Market?

What is really going on in the Sacramento area market? Here’s what you need to know.

Want to Buy a Home? Search All Homes
Want to Sell a Home? Get a Home Value Report

Today I wanted to give you a quick look at what’s really going on in the Sacramento area market. In the last three years, we’ve seen that inventory keeps going down as more homes are selling. It seems like everyone feels that the market is overdone, that things are slowing down, and that prices are about to drop. I’m here to tell you that I just don’t see that happening. In the last two months, about 4,500 homes have sold. What’s really happening with the market is that we’re still looking at lower inventory and an increase in demand. That tells us that nothing has really changed.

“

Markets can and do change, but they don’t

all change at the same time.

”

Of the homes I’ve sold in the last two months, the homes that were smaller than 1,120 square feet were selling in 17 days on average, and those over 2,900 square feet sold in an average of 34 days.

Home prices are going up, but they’re doing so slowly. If we look at the total inventory of homes for sale over the last three years, levels have dropped about 20%, but at the same time, homes that have actually sold have gone up 6.7%.

Markets can and do change, but they don’t all change at the same time. Even neighborhoods and school districts change at different rates and in different ways. If you want to know what’s going on in your neighborhood, please reach out to me. I’d be glad to have a discussion with you.

The Sacramento Experience - August 2018

THE SACRAMENTO EXPERIENCE

Summary of Events:

Forth's Event Pick of the Month:

Race for the Arts
William Land Park
August 25, 7 AM Registration

Grab your running shoes, friends, family, co-workers, neighbors and join the fun! Race for the Arts is for everyone—the serious runners (5K timed by B-tag) and for the casual runner/walker. Run, walk, jog or jeté along the racecourse in Sacramento’s shady William Land Park.

Entertainment throughout the racecourse and a free arts festival—what’s not to love? Come out for the Race and stay for the free arts festival with food, hands-on booths and plenty of entertainment.

Sunset Sippin at Boeger Winery

Boeger Winery
August 3, 6 PM

Kick back and relax with friends every Friday night on Boeger Winery's divine picnic grounds. Enjoy music, wine by-the-glass (or bottle) and a delicious array of snacks for sale in the tasting room.

Oktoberfest Fundraiser for
Wiener Dog Races
Powell's Steamer Co & Pub
August 6, 5 PM

The Placerville Downtown Association and Powell's Steamer restaurant are having a party to raise funds for bleachers for the annual wiener dog races held at Oktoberfest. Join us for German beer, German music and a special German menu at this one night only event, Monday, August 6th from 5-8 PM at Powell's Steamer on Main Street at the Bell Tower.

Sacramento Republic FC
Various Dates and Locations

August 11, 8 PM
Republic FC vs Rio Grand
Valley FC Toros

August 15, 5:30 PM
Republic FC at Saint Louis FC

August 18, 8 PM
Republic FC vs LA Galaxy II

Kahulanui
Hawaii's Kings of Swing
Harris Center
August 24, 7:30 PM

Meet Kahulanui, a leading exponent of traditional Hawaiian music blended with the big band swing as brought to the Aloha State by U.S. servicemen during World War II. The nine piece band—four horns,guitar, bass, ukulele, drums, and steel — was nominated for a Grammy for their debut CD, Hula Ku’I; their energy and dynamic arrangements have caused a sensation throughout the Islands.

Shades of Bublè
A Three Man Tribute to Michael Bublè
Harris Center
August 26, 2 PM & 7 PM

With three voices singing incredible songs like Feeling Good, Moondance, Come Fly With Me, Home, Everything, Fever, Save the Last Dance for Me, and many more, Shades of Bublè: A Three-Man Tribute to Michael Bublé brings the swinging standards and pop hits of Michael Bublé to the stage in an unforgettable high-energy concert event.

El Dorado Western Railroad Rides
El Dorado Station
August 26

The El Dorado Western Railroad, a living history program of the El Dorado County Historical Museum, offers rides on restored Fairmont track inspection cars every Sunday, 10 AM - 3:00 PM, weather permitting, with the last ride departing at 2 PM. The rides depart on the 1st and 3rd Sundays from the El Dorado Station, located on Oriental Street in El Dorado.

In the Mood
The 25th Anniversary Tour
Harris Center
August 30, 7:30 PM

Back by popular demand, In The Mood is more than a concert, it’s an authentic big band theatrical swing revue. Taking its audience back to another time and place, it’s the music of Glenn Miller, Tommy Dorsey, Artie Shaw, Benny Goodman, The Andrews Sisters, Frank Sinatra, and other greats from the 1940s.

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