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MARK DEGENNARO, DRE#01394970, Keller Williams Realty

MARK DEGENNARO, DRE#01394970

916-688-8060
916-849-4810

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to my network of informed consumers who are interested in updates and insights about our real estate market!
 If you have any questions or concerns about our local real estate market, I'm here to help!

Let's begin with the 7 Key Reasons Why NOW is the Prime Time to Buy a Home:

1. Home affordability is at an all-time high.
The median mortgage payment on the median priced home as a percentage of the median household income is lower than it's been in a generation.
2. Mortgage rates have reached rock bottom.
As interest rates start to inch back upwards, monthly payments and total loan costs will spike upwards.
3. Buy Now; Buy Low!
After declining nearly three years, home prices are stabilizing.
4. Sellers are motivated.
This means that buyers have the upper hand! From banks looking to dispose of foreclosed properties to homeowners who are fiercely competing among an excess of housing inventory, buyers have untold choices and negotiating power.
5. Financing is readily available for qualified buyers!
Banks are getting back in the game and ready to lend to well-qualified buyers.
6. Owning vs. renting is increasingly favorable.
Since 2009, the average principal and interest payment has fallen below the average rental rates, and the gap is now wider than it's been in the past 22 years.
7. Homeownership is at the core of the American Dream!
Owning a home is critical to financial stability and wealth building. It's a forced savings account, a place to live and a fabulous tax deduction.
 
 
    

 




 




Featured picture for the property 12032418
9815 mountain vista Cir
Elk Grove, CA 95757
$409,950
4 beds/3 baths
Listing courtesy of Cresleigh Homes Corporation SAC
Featured picture for the property 12032459
9060 El Oro Plaza Dr
Elk Grove, CA 95624
$245,000
4 beds/2 baths
Listing courtesy of Coldwell Banker-Res R E Srv SAC
Featured picture for the property 12032442
Short Sale
9292 Caulfield Dr
Elk Grove, CA 95758
$164,900
3 beds/2 baths
Listing courtesy of West Coast Realty Group SAC
View All New Listings (65)
Featured picture for the property 11031573
8802 Shortline Ln
Elk Grove, CA 95624
$1,189,000
5 beds/4 baths
Listing courtesy of Lyon RE Folsom SAC
Featured picture for the property 11045335
9716 Eagle Glen Way
Elk Grove, CA 95757
$349,950
4 beds/3 baths
Listing courtesy of Cresleigh Homes Corporation SAC
Featured picture for the property 11053894
Short Sale
7011 Springridge Way
Elk Grove, CA 95758
$600,000
4 beds/3 baths
Listing courtesy of RELIABLE REAL ESTATE SAC

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Information current as of: May 19, 2012 8:41:pm. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2007 MetroList Services, Inc.   Terms of Use