BRIAN MATZA CRB CCB CSLB

🗓️Circa August 2010 during the middle of the GFC. We represented the Buyers in the purchase of this Bank-Owned (REO) 22 unit apartment complex in downtown Sacramento on P St. This was a classic REO with half of the complex vacant and the existing occupants not paying their rent or squatting while dealing drugs. This was a high liability asset for the bank to hold onto. 🔨🔩 Apartments required a full renovation. ⚖️ Eviction of all the squatters and non-paying tenants. 🔐 Protecting the renovations and appliances from vagrants. Renting out and stabilizing the property once renovations were completed. The Buyers were not afraid of the scenario and wrote an all cash non-contingent offer with a 5 day closing! 💰Purchased it for $1,232,000 or $56K / unit. This asset would trade for close to $250K per unit today and they still own it. The Buyers beat out multiple offers because they were willing to take on problems, acted quickly, and took the liability away off the seller in 5 days. They’ve since renovated, stabilized it, and are enjoying high market rents. #sacmultifamily #multifamily #sacramentorealestate

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Buyers and sellers should watch for trends like the increasing demand for eco-friendly properties, the growing interest in remote work-friendly homes, and the ongoing scarcity of land, which is driving up property values in key areas across Hawaii. #LocalExpert #HawaiiRealEstate #HomeBuying #RealEstateTips #HawaiiHomes #MarketInsight #TrustedAdvisor

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Merced is quickly becoming one of Central California's most sought-after locations for real estate investment. With a major university, a growing hospital system, and an upcoming medical school, Merced is attracting a steady stream of students, professionals, and families. This growth has led to high demand for rental properties and short-term stays, creating excellent opportunities for investors. Airbnb properties are thriving here, especially with travel nurses, visiting professors, and tourists looking for a convenient stop on their way to Yosemite. If you’re considering expanding your investment portfolio or looking for a high-demand market, Merced is the place to be. Let’s talk about how you can make the most of Merced’s growing opportunities! Araceli Gomez, Co-founder/Broker & REALTOR® 209-756-2063 Araceli.G.Gomez@gmail.com DRE#01833657 NextHome D&G Realty Group #AtwaterRealEstate #MercedRealEstate #SellingAtwater #AraceliGomezRealEstate #MercedCountyRealEstate #NextHome #NextHomeDGRealtyGroup #californiarealestate

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Did you vote? 🗳️Today is a very important day. Go Vote!❤️🤍💙#vote #electionday #sacramento #realtor #realestate #buying #selling #housingmarket #govote #coldwellbankerrealty #coldwellbanker 

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The real estate market is currently showing signs of high demand and low inventory based on the data provided. The Months Supply of Inventory, which measures how long it would take to sell all available homes on the market at the current sales pace, is at a low 3.04 months. This indicates a seller's market, where there are more buyers than there are homes available for sale. Furthermore, the 12-Month Change in Months of Inventory has decreased by -3.18%, showing a trend of decreasing inventory over the past year. This suggests that the market is becoming even more competitive for buyers, as the supply of homes continues to shrink. The Median Days Homes are On the Market is 41 days, which is relatively low and indicative of a fast-moving market. Homes are selling quickly, likely due to the high demand and low inventory levels. The List to Sold Price Percentage is 99.2%, indicating that homes are typically selling very close to their listing price. This suggests that sellers are pricing their homes competitively and buyers are willing to pay close to asking price in order to secure a home in a competitive market. Lastly, the Median Sold Price of $820,000 is relatively high, reflecting the strong demand in the market and the limited inventory available. Buyers should be prepared to act quickly and make strong offers in order to compete in this competitive market. Overall, the data indicates a strong seller's market with high demand, low inventory, and quick sales. Buyers and sellers should be aware of these market conditions and be prepared to act quickly in order to achieve their real estate goals. Milli Cannata, Broker-Associate Vanguard Properties 01990936 (707) 477-7839 https://lnkd.in/gPEV_K84 www.MilliCannata.com

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Discover how professional property management maximizes property value and income through effective tenant relations, maintenance, and legal compliance in Southern California.

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