I had a gentleman call me to see if we can provide construction financing in Half Moon Bay. I MISPLACED HIS PHONE NUMBER. . . if you read this, yes we can, FINALLY, please give me a call. Debra Verniest 916-961-2453 x112
I want to represent you in your adventure of finding investment properties. I have been selling properties under $75,000 and renting for $1,100. You can use your 401K and own the properties free and clear. No tax consequences, better return on your money. Call me, 916-337-1637
I thought you might interested in knowing some Market News in regards to home sales and building. This information was provided to me by Carrie Meek and I am very encouraged by it. So here you go. . ..
National Building Permits +3% over last month and +7% over last year West Building Permits +1% over last month and +21% over last year US New Home Sales -2% from last month and +14% over last year West New Homes Sales -4% from last month and +32% over last year Lumber Composite Price +5% over last year **Green Fir Composite is +35% over last year**
As for OBC, we have seen an increase in our real estate activity. I have investors that are taking advantage of this market. The inventory is still out there. If you are interested in acquiring rental property or looking for that new dream home, please give me a call. If you are thinking of building or remodeling, call Skip!
Next weekend housebuilding class is August 13 & 14, 2011. You can sign up at our website, www.ownerbuildercenter.com or call us at (916) 961-2453
Skip is building a home for a client in South Lake Tahoe. May seem like a long way to go but our guys are grateful for the work and really it is only 1 ½ hours away. Some commute days take that long just to go to downtown Sacramento! The siding on the house is called Certainteed. It is a combination of wood and cement which comes stained with a 30 year warranty. It is quite nice and practically maintenance free. Be sure to check out the picture of the great room. This home will be beautiful when it is done not to mention the grand scenery.
I think the market is really starting to heat up. I know that there is still a lot of inventory out there. In working with some of my investor clients, we are finding that we need to look at these homes the day they come on the market and if acceptable, make the offer that day. Multiple offers are very common. Houses that have been sitting on the market for 100 days or more are starting to get offers as well. Cross your fingers, may be seeing a brighter future.