Roseville Real Estate Podcast with the Demattei Team Chris DeMattei

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Looking to buy a Roseville home? Get a full Home Search Selling your Roseville home? Get a free Home Price Evaluation We recently had the pleasure of participating in Fall Harvest Festivals for two of our local Elementary schools. Coyote Ridge and Vencel Brown both hosted festivals that we helped to sponsor. There was all kinds of events, booths, prizes, costumes, and performances. Sit back, relax, and enjoy the montage! As always, please reach out to us if you need any help with real estate in Roseville!

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Looking to buy a Roseville home? Get a full Home Search Selling your Roseville home? Get a free Home Price Evaluation As winter approaches, it’s important to prepare for inclement weather. Even if you have a vacant property, you need to ensure your house is winterized. 1. Inspect the roof. Look for broken, torn, or split shingles or tiles on your roof. Address any damages and get them repaired now. Check valleys for debris, such as leaves. 2. Clean the gutters. It’s easier to clean gutters now than deal with clogged gutters later. Clogged gutters can lead to roof leaks and potential dry rot problems down the road. 3. Check the drainage. Ensure water runs off the yard properly. You don’t want water to flood your property. 4. Insulate exterior plumbing. Even in Sacramento, it gets cold enough for pipes to freeze. Of course, if you live in other areas, I encourage you to consult local experts. 5. Keep thermostat on in vacant homes. Set the thermostat to 55 degrees. Pipes can freeze and break in a vacant home over the winter. Houses could flood without anyone there. 6. Inspect the fireplace. Clean your fireplace now if you have one. 7. Check the exterior of the house. Walk around your property. Check windows, doors, and other crevices for any cracked caulking. Re-caulk if necessary. 8. Inspect the screens for holes. Ensure there aren’t any holes or slits in your screens. If so, you’ll need to address this before it gets colder. 9. Change smoke and CO detector batteries. It’s easiest to change all the smoke and CO detector batteries at once. I hope you all have a wonderful winter! Do your rain dance and hope for rainfall this winter. Give me a call or email if you have any questions. Talk to you soon.

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Looking to buy a Roseville home? Get a full Home Search Selling your Roseville home? Get a free Home Price Evaluation Today I have Marc Brinitzer with me, and he's going to explain some important changes that the real estate market will be experiencing this year. On October 3rd of this year, the real estate market saw some big changes. Why is this? It's because of changes coming to the TILA-RESPA Integrated Disclosure (TRID), and they will affect everyone involved in real estate, from consumers to Realtors to lenders. The Consumer Financial Protection Bureau (CFPB) issued a final rule amending regulations in the Truth in Lending Act as well as the Real Estate Settlement Procedures Act. So, what does this mean for you? The TILA-RESPA rule consolidates four disclosures for closed and credit transactions secured by real estate property into two different forms. One of these forms is a loan estimate that must be delivered or placed in the mail no later than the 3rd business day after receiving the consumer's application. A closing disclosure must be provided to the consumer at least three business days prior to consummation. These new disclosures must be provided by a creditor or mortgage banker that receives an application from a consumer for a closed end credit transaction. However, creditors will still be required to use the current Good Faith Estimate, HUD 1 and Truth in Lending forms for applications received prior to August 1, 2015. After that date, these forms will no longer be used. The TILA-RESPA rule includes some new restrictions on certain activity prior to consumers receiving the loan estimate. These restrictions took effect on August 1, 2015, regardless of whether an application was received on that date. These restrictions include imposing fees on a consumer before the consumer has received the loan estimate, or requiring submission of documents verifying information related to the consumer's application before providing the loan estimate. Please don't hesitate to contact us with any questions about this issue. We understand that it may seem a little confusing or overwhelming. We would be happy to clear up any misconceptions that you may have!

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Looking to buy a Roseville home? Get a full Home Search Selling your Roseville home? Get a free Home Price Evaluation Over the last few months, we have seen prices stabilize and sales decrease. We are in the midst of a shift, from a strong seller's market to a more normal, balanced market that you would expect to see this time of year. In our opinion, there are two major reasons for the shift. The first is affordability. The housing affordability index has gone from 67% to 44% in Roseville, and we've seen similar shifts in communities across the area. The housing affordability index refers to the percentage of people that can afford a medium priced home within a county. The drop in index really means that there are fewer buyers on the market than there have been. The second cause of the shift is the increase we've seen in new construction. In Roseville alone, we have 8 major builders and 18 new home communities. This new construction is competing for buyers with resale homes, which will cause prices to flatten out and remain stable. With all that being said, let me tell you right now that the sky is not falling and it's not time to panic. The economy is good, interest rates are still low, and current lending practices are fundamentally sound. The decision to buy or sell should be based on your personal needs and wants vs. what the market is actually doing. If there is anything we can do to help you out, or any questions we can answer, don't hesitate to reach out.

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Looking to buy a Roseville home? Get a full home search Selling your Roseville home? Get a free Home Price Evaluation Today, we're coming to you from A Dash of Panache, located on 217 Vernon St. in downtown Roseville. The owner, Scott Alvord, joins us to show us around. A Dash of Panache offers many different things. There is a cafe opened during the day that serves sandwiches, salads, and soups. The handmade ice cream here was voted Best of the Best in Roseville. Also, there's a party room for themed birthday parties. Everything is included, from the invitations to the cake to the thank you notes. A Dash of Panache offers royal princess parties, diva parties, crazy hair parties, and tea parties. It's a great place for a custom birthday party! Finally, there's the French-Deco Tea Parlor. This is the only one in the Northwest United States. The Tea Parlor is the main hub of the business. You can stop by for high tea, lunch, and multi-course gourmet meals. Winner of Best Teahouse, the French-Deco Tea Parlor is a very popular place that's perfect for baby showers or bridal showers. If you haven't yet, come on down and check out A Dash of Panache. If you have any questions for Scott, or would like to book an event, call (916) 788-4386 or email Info@ADashofPanache.com. As always, if you have any real estate questions, give us a call or send us an email. We look forward to hearing from you!

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Looking to buy a Roseville home? Get a full home search Selling your Roseville home? Get a free Home Price Evaluation Today, I want to talk about a question that I get often: What is the value of Zillow? Zillow is a fantastic website for buyers and sellers to go to and get basic information on properties. The website provides you with a Zestimate, which is Zillow's estimate of a property's value. This is a great tool if you're trying to do some basic research on a house you may be interested in. However, buyers and sellers need to be a little cautious when using Zillow. The first thing I want to point out is that not all homes for sale are listed on Zillow. Zillow does not have access to the Multiple Listing Service. I do put my listings on Zillow in order to get my sellers maximum exposure, but if you're looking for a home, you could be missing out on some great properties. Also, be wary of the Zestimate. Zillow uses trailing data to come up with their home values, data that happened two or three months ago. When you're in a stable, flat market, that Zestimate could be pretty accurate. However, if the market is trending up or down, those Zestimates can be off by 5% to 10%. Zestimates also don't factor in the unique features and values of a house. They won't know if you have a pool, or what kind of wood floors you have. All of these things factor into the value of your home, so the best way to come up with an accurate home value is to have a real estate professional come out and look at the property. The last thing I want to point out is that Zillow sometimes flags homes as foreclosures, when really the home is just in the foreclosure process. That doesn't mean that the home is for sale. The most important thing is that whether you're buying or selling, you need a professional real estate agent to guide you. If you have any questions, give me a call or send me an email. I look forward to hearing from you!