Good News All Around for Luxury Home Sales Luxury-priced properties throughout Greater Sacramento posted very impressive numbers in the first quarter of 2024 emphatically signaling a market rebound for all price points is likely underway. Closed sales in the first quarter totaled 311 and reflected a 31 percent increase over the same period last year. The month of March alone enjoyed a 25 percent increase in closed sales versus February demonstrating that momentum is surely building as we head into spring. Luxury Portfolio International recognizes home sales above $1,000,000 throughout the G ..read more

Are you considering purchasing residential land to build your dream home? Investing in land can be an exciting prospect, but it requires careful planning and consideration. To help you navigate this journey, we’ve compiled a few expert questions to consider before purchasing land. Interested in purchasing residential land? See what is currently available. Why is it important to work with a real estate agent when purchasing land? When it comes to purchasing land, having an experienced real estate agent by your side is valuable. Working with professionals who understand the intricacies of land ..read more

New listings and available inventory are finally on the rise. Last year at this time, painfully low standing inventory and a shortage of new listings entering the market throughout the Greater Sacramento region greatly restricted the opportunity for sustainable market momentum. These conditions were driven by persistent upward pressure on interest rates as well as quantitative tightening steps by the Federal Reserve Bank geared to fight inflation. Much attention was rightfully directed toward buyer hesitancy due to challenges with financing and affordability. Potential move-up sellers, howev ..read more

Purchasing a home stands as one of life’s pivotal and intricate transactions. While a Realtor offers invaluable guidance throughout this journey, being well-informed is key to ensuring a smooth process. A crucial aspect of this knowledge is understanding interest rates. Fear not, as your agent not only sheds light on navigating interest rates confidently but also collaborates with experts like Mortgage Lenders who furnish essential insights for those eager to grasp mortgage rates better. In today’s market, what should a prospective homebuyer understand about interest rates? To address this q ..read more

Get ready for an exciting adventure through Sacramento’s most exquisite homes! Mark your calendars for this Sunday, April 7th, as Lyon Real Estate agents across the region gear up for an Open House Extravaganza like no other! Picture this: vibrant red Lyon signs beckoning you to explore stunning properties that define style and comfort. From elegant estates to cozy hideaways, there’s something for everyone! Don’t forget to check out the Real Estate section in the Sacramento Bee, which will display a full page of homes waiting for your visit on Sunday! Join us from 1-4 pm and let your imagina ..read more

New listings in February jumped 20 percent versus last year.  A number of key housing metrics are modestly trending up throughout Greater Sacramento creating optimism that spring selling season could be much improved over the past few years. Twenty percent more listings entered the market in February compared to last year at this time, indicating that an increased number of move-up sellers are likely to surface in 2024. The rate of new pending sales ticked up a mere 4 percent leaving the standing inventory of 1,868 properties approximately 6 percent higher than last year at month end. T ..read more

Staging your home before putting it on the market is like giving it a makeover for its big debut. Not only does it make your space look magazine-worthy, but it also helps potential buyers envision themselves living their best lives in your home sweet home. From creating an inviting atmosphere to highlighting key features, staging s can make your property stand out in the crowd and potentially earn more. Numerous studies show that staging helps sell a home faster and for a higher price. According to the National Association of REALTORS®, 81 percent of home buyers reported that staging a home ..read more

Embarking on a career in real estate is an exciting venture, and choosing the right brokerage is a pivotal decision that can shape the trajectory of your success. With many real estate brokerages in the Greater Sacramento Region to consider, it’s essential to ask the right questions to ensure a seamless fit with your professional goals and aspirations. In this blog post, we’ll explore the critical questions to consider when selecting a real estate brokerage like Lyon Real Estate, providing you with a solid foundation for a flourishing career in the dynamic world of real estate. What is the b ..read more

In this Guest Blog series, Lyon Real Estate has joined forces with Kristen Fiore, the founder of Kristen Elizabeth Interior Design. Together, we delve into the profound effects of interior design decisions and interview Kristen to provide valuable advice for homeowners at every stage of home ownership. Photo courtesy Rikki Snyder What are some of the most quick & efficient upgrades you can do to your home that will result in the most Return on Investment? Before making any upgrades, it’s essential to consider your budget, local market trends, and the preferences of potential buyers in ..read more

January new pending sales see 36% boost versus December. The Greater Sacramento resale housing market appeared to be finding new momentum during the month of January as new pending sales saw a very encouraging 36 percent lift versus those posted in a very lackluster December. The new sales reported also enjoyed a 14 percent increase compared to properties recorded in January of 2023. The good news indicates that 2024 is starting out on much better footing, and perhaps, the extended downturn has come to an end.  Fortunately, 1,531 new re-sale listings also came to market in January acros ..read more