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Lundquist Appraisal Company
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Real estate appraisals and tax appeals in the Sacramento Area
Real estate appraisals and tax appeals in the Sacramento Area

371 followers
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Lundquist Appraisal Company's posts

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Inventory is really low right now in Sacramento. Here are 10 things to keep in mind about low inventory and the way value is moving right now. Anything to add? 

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It’s easy to fall into the trap of saying only one thing about the housing market. Just as a comedian has a shtick, we too can end up having a housing shtick. Here are some of the most common ones out there. Anything to add? Thoughts?

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Is it okay to share a previous appraisal with an appraiser? As an appraiser I think it's okay for the most part, but a previous appraisal certainly isn't a magic bullet to get the value you might be hoping for. Moreover, the most important thing is probably how it is shared. Any thoughts? I'd love to hear your take and I hope this helps communication flow more readily with appraisers.

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In case it's useful, here's a quick-ish video on 10 things to tell your clients about the housing market in Sacramento. It can be powerful to speak in specific terms when people ask how the market is doing. We don't need to drop a data bomb on anyone, but let's be prepared to share specifics when it's relevant. Feel free to enjoy, embed on your blog, share, whatever. I gave this presentation yesterday in an office and it was about 30 minutes, but this is the quick version. If people like this, maybe I'll do one every month (and next month I'll make it shorter). Anything to add?

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How will rising interest rates impact value? Here are 5 things to keep in mind about rates, value, and the market. Any thoughts?

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How much value does landscaping add? I get this question quite a bit as an appraiser. Here are some thoughts. Anything to add?

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I'm honored to be mentioned in the articlr and I really like the title. There really isn't any immediate solution to our anemic inventory. Unless sellers sense we are at the very top of the market and/or prices started to slide, there really isn't a quick remedy to getting more homes on the market. "Summer housing forecast: No inventory storms." This is subscriber content, so unless you subscribe you might not be able to read the article. Sorry about that.

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What is the market doing? The median price rose about 5% from January to February, so on paper it looks like we are seeing insane increases. Values have definitely been increasing in many price ranges, though in many areas values are simply back to where they were at the height of summer before a lull in the fall. Low inventory persists and there really isn't an immediate solution on the horizon for our anemic housing supply. However, let's remember the bulk of listings last year hit the market between April and August, and that's good news for buyers. Anyway, here are some stats and 70 graphs you can download. What are you seeing out there? 

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What's the market doing? Here's a quick screencast to look at three neighborhoods in Sacramento and make one point about the market. I thought this would be interesting to share. Any thoughts?

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Here is a video screencast I did to talk through some thoughts on using price per sq ft to value a home. I find this is one of THE most important concepts to be able to master since sellers often say, "Sally down the street got $550 per sq ft, so that's the number I want to use to price my home." Talking through this issue is huge. Any thoughts?
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