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- Feds Cut Interest Rates- What Does It Mean For You- Friday 20th Sept
Feds Cut Interest Rates- What Does It Mean For You- Friday 20th Sept
Feds Cut Interest Rates- What Does It Mean For You
Your Weekly Sacramento Newsletter
From The Best Sac Home Group
Today’s Trivia Question❓
Which state historic park is at the location of Sutter’s Mill in Sacramento, where the California Gold Rush started in 1848?
Answer at the bottom of the newsletter
Feds Slash Interest Rates- What Does It Mean For You
What does a Federal Reserve interest rate cut mean for your finances?
When the Federal Reserve cuts interest rates, it impacts everything from mortgage rates to savings accounts.
Learn how to take advantage of lower borrowing costs, whether you’re refinancing your home or considering new investments.
We can help you work through through the process so you can plan ahead.
What are the key steps to successfully flipping a house for profit?
We provide some essential tips and tricks from industry experts on how to make informed decisions, avoid common pitfalls, and maximize your return on investment.
If you have any questions on any aspect about real estate always happy to have a chat!
Talk Soon,
Suneet AgarwalCEO of the Best Sac Homes Group and Big Block Realty North
Nominate a Teacher Contest!
We have A Winner!!
Congratulations to John, Our Winner!
We are thrilled to announce that John has been selected as the winner of our "Nominate a Teacher" contest!
John who works in special education, was nominated for being an exceptional educator, recognized by his peers and students for his dedication, passion, and positive impact in the classroom.
His commitment to fostering a love for learning truly stands out, and we’re excited to award him $100 worth of school supplies as a token of appreciation for all he does.
Thank you, John, for making a difference every single day!
Featured Listing
A Charmer In Rocklin!
1003 Big Cedar Court Rocklin, CA 95765
Experience modern elegance in this one-of-a-kind single-story home in the gated enclave of Oakcrest at Whitney Ranch.
Perfectly situated in a cul-de-sac on .68 acres overlooking the majestic orchard of oak trees and beautifully designed tiered hillside with stairs to access the variety of table grapes grown on the hillside including Muscat, Concord and Thompson grapes.
The huge great room with 12 ft. ceilings and stacking doors allows for seamless access to the incredible backyard with pool, half court, putting green, outdoor kitchen and fire pit.
Your Real Estate Hub
Celebrate 20 Years of Culture at the Mediterranean Food and Music Festival!
If you're craving a taste of the Mediterranean, you’re in luck!
The 20th Mediterranean Food and Music Festival is happening this Saturday, September 21st, from 11 AM to 9 PM at Holy Virgin Mary Church, 3060 Jefferson Boulevard, West Sacramento.
This festival offers a vibrant array of Mediterranean cuisine, including spanakopita, garlic chicken, dolma, hummus, and the famous zalabia donuts.
Enjoy music from local talents, including performances by River City High School’s Jazz Band and Orchestra, as well as Mediterranean tunes from the Jarred Hill Brothers.
It’s a fantastic opportunity to embrace diverse cultures, enjoy delicious food, and connect with the West Sac community.
Admission is just $5, with proceeds supporting local students and bands.
Don’t miss out on this incredible celebration of Mediterranean culture!
Stress-Free Holiday Magic: Let Santa’s Lights Handle Your Christmas Light Installation!
Offer Extended for Best Sac Newsletter Members: Save an Extra $200 on Your First Order Today!
The holiday season is just around the corner!! So take advantage of this amazing offer as time is running out!
That’s right—it's time to start planning your Christmas décor and avoid the last-minute chaos!
Transform your property into a stunning winter wonderland with Santa’s Lights full-service holiday lighting solutions.
Santa’s Lights blend creativity and practicality to deliver dazzling results—all while you sit back and enjoy, without lifting a finger!!
Feds Slash Interest Rates: What Does It Mean For You
US Federal Reserve makes first interest rate cut in four years
The rates shot up to 7.2% in May, but since then they have dropped a full point. We believe rates will continue to drop heading into 2025
So what does this mean for you as far as the housing market is concerned?
Well, first and foremost it will make borrowing more affordable for you.
The long awaited rate cut will certainly stimulate economic growth especially within the housing market which is currently experiencing low inventory and buyers who are hesitant.
The cut will very likely prompt more people to list their homes and more buyers to enter the marketplace.
This does mean if you are in the market for wanting to purchase a home it will become more competitive with multiple offers on a single home due to the lack of inventory.
Bottom line you have to be ready to close even before you start the process buying a home. Make sure you have that mortgage pre-approved and ready to put an offer in.
How to Successfully Flip a House: Tips and Tricks from the Pros
House flipping, the practice of buying a property, renovating it, and selling it for a profit, has become a popular investment strategy.
However, it's not without its challenges. Successful house flipping requires careful planning, smart investing, and an eye for detail.
Finding the Right Property
The foundation of a successful house flip is finding the right property. This involves research, analysis, and sometimes a bit of luck. Here are key steps to guide you in selecting the best property for flipping:
Research the Market
Understanding the local real estate market is crucial. Look for neighborhoods with rising property values, low crime rates, and good schools. These areas are more likely to attract buyers and yield higher returns.
Pro Tip: Use online tools like Zillow, Redfin, and local real estate websites to track market trends and property values. Attend local real estate meetups and network with agents to gain insights into emerging neighborhoods.
Set a Budget
Determine how much you can afford to spend on purchasing and renovating the property. This budget should include the cost of the home, renovation expenses, holding costs (like utilities and property taxes), and a buffer for unexpected expenses.
Pro Tip: A common rule of thumb is the 70% rule. This means you should pay no more than 70% of the after-repair value (ARV) of the property, minus repair costs. For example, if the ARV is $200,000 and repairs cost $30,000, you should pay no more than $110,000 for the property.
Read ALL the details in our latest blog!
Are You Thinking Of Selling YOUR Home But In Need of Some Expert Advice?
Our CEO, Suneet Agarwal Offers His Expert Advice About:
Determining if it's the right time to sell
Increasing your home’s value before listing
Pricing your home competitively to attract maximum interest
Understanding the home selling process
Addressing YOUR specific concerns and scenarios
Register For Our Exclusive Workshop Below
Secure your spot today and get the help you need to make an informed decision!
Client Testimonials
Ever Thought Of Becoming A Realtor?
Real estate offers a dynamic career path with unlimited potential.
Whether you excel at communication, thrive on finding solutions, or love building relationships, this field lets you shine.
Want learn more? Reach Out!
Agent Spotlight: Herber Zecena
Herber decided to move to Sacramento to start a new chapter in his life with the love of his life. As first-time homebuyers, he hired a realtor to help them find a home. Their realtor was amazing and educated them on everything they needed to know about being homeowners. Against all odds, they won the bidding on their dream home and became homeowners thanks to their realtor and lender.
This experience made him so happy that he wanted to share it with everyone. He wanted to help people become homeowners and take advantage of all the benefits that come with owning a home. So, he decided to get his real estate license and jump in with both feet.
His goal now is to help people own a home and have a better life. With his experience in the industry and passion for helping others, he is committed to providing his clients with the best possible experience when buying or selling a home.
💡 Answer to Trivia Question:
Marshall Gold Discovery
There you have it, From the latest interest rates slash to flipping a home for a profit. Enjoy the crisp fall air. Keep Positive. Keep it Sactown Strong until next time!
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