Citrus Heights, CA Real Estate News

By Erin Stumpf (Attardi), 916-342-1372 / DRE# 01706589 Sacramento, CA
(Coldwell Banker)
The City of Citrus Heights is holding its 11th Annual Christmas tree-lighting ceremony tomorrow (Saturday) from 7:00pm to 8:30pm.  In addition to the tree lighting, kids can visit with Santa Claus and Mrs. Claus.  Donations will be accepted - nonperishable food items, new, unwrapped toys and gently used coats and jackets to benefit the KXTV News10 "Coats for Kids" program. The ceremony will be held at the City of Citrus Heights offices in at Fountain Square.
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By Pearl Ahlquist-Ruby, Real Estate Consultant.
(Berkshire Hathaway Home Services Drysdale Properties)
CALIFORNIA REAL ESTATE IS A SOLID, LONG TERM INVESTMENT BUYERS PREPARE NOW MAY BE THE TIME TO HOMEBUY A HOME Looking at the performance of California real estates since 1907 when you could buy home for 3,000.00 we have seen very few times in which real estate values have dropped. California's historically strong market, combined with todays low mortgage rates and sizeable inventory in many areas, has created a unique window of opportunity for confident buyers.If you thinking of buying a home, consider these facts provided by the California Assocation of Realtors.In 1970, the Medium cost of single family homes in california was $26,000.00 Today the medium price of a home in Californis is $588,970-an increase of 2,165%In 1989 the medium price of a single family home in Sacramento County w...
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By Pearl Ahlquist-Ruby, Real Estate Consultant.
(Berkshire Hathaway Home Services Drysdale Properties)
Lose the House, but Not Your Credit According to sources in the mortgage industry, people who agree to a short sale with the lender do far less damage to their credit rating than those who go through foreclosure. While in both cases, short sale and foreclosure, the delinquent mortgage will negatively affect their credit rating, at least short sellers avoid having a "debt discharged due to foreclosure" on their credit reports. Mortgage and credit experts say that, after bankruptcy, having a foreclosure on your credit report is the worst result and will reduce your credit score by over 250 points. You could also have to wait up to three years to qualify for a mortgage at a reasonable rate. Short sales show up on a credit report as a "pre-foreclosure in redemption" status and can result in...
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For first-time buyers, Citrus Heights might not be a bad place to start their home search. Quite a few of my clients have chosen the city as their home because of its proximity to Business 80 and its relatively inexpensive condos and single family residences. Today's market update covers Citrus Heights, CA in greater detail.
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