Baxley-Dolder Real Estate Team

Welcome to The Baxley-Dolder Real Estate Team's Blog. Meet our Team --- Learn more about the Real Estate Market and Trends --- Take some interesting side trips with both the Baxley and Dolder families --- and share other interesting and helpful information with us.

Monday, May 13, 2019

Farmers Markets in the Greater Sacramento Area 2019

It’s no secret that Sacramento is America’s Farm-to-Fork Capital. After all, it’s surrounded by fertile farmland – citrus ranches in Placer County, almond orchards in Yolo, vineyards in El Dorado. With so much fresh food grown and produced right in our own backyard, it’s no wonder there are so many farmers markets in and around the greater Sacramento area.
Thank you to our LyonLocal blog for the details including a map and descriptions for regional Farmer Markets! CLICK HERE  for the entire article.

Wednesday, May 1, 2019

Celebrate Cinco de Mayo at These Old-School Mexican Restaurants in Sacramento

Artisanal tacos and craft cocktails are great, but sometimes all you want is three-item combo and a cold Tecate. Sacramento has plenty of no-frills Mexican restaurants, the kind of places with tiled floors, red pleather booths and maybe even a mariachi player with an embroidered sombrero. With Cinco de Mayo right around the corner, say olĂ© to these old-school Mexican restaurants in Sacramento.

Thank you LyonLocal Blog!

Wednesday, April 17, 2019

Spring Bloom Hits Greater Sacramento Housing Market!

Thank You LyonLocal blog!

The average sales price in March reaches $459,000, the highest since last summer
The Greater Sacramento region enjoyed 2,053 closed home sales during the month of March. This marked a notable 29 percent increase when compared to February and signaled that a typical spring rebound is currently underway. Total closed sales for the entire first quarter fell off 10 percent when compared to the same period last year but did recover quite swiftly after an abnormally slow start in January.
Momentum in the market continued to surge as 2,618 new open escrows for the month were an encouraging 32 percent higher than February numbers and finished nearly even with the robust sales reported in March of 2018.  New open escrows for the now completed, first quarter of 2019 were down 4 percent versus last year but actually track quite well with all other years of the extended, growth market cycle. This market information was provided by Trendgraphix Inc., a Sacramento-based reporting company and presented by Lyon Real Estate.
“Even though standing inventory is up nearly 8 percent compared to last year at this time, it does not tell the entire story,” says Pat Shea, president of Lyon Real Estate. “New listings entering the market were down 14 percent in the first quarter compared to 2018 and when adding the resurgence of buyer demand, the market was left with merely 1.5 months of supply on March 31st. These combined metrics are keeping the market very tight in most areas and price points.”
The high rate of sales and low inventory combination pushed the average sales price for the month of March to $459,000 and a median sales price for the month to $410,000. Both reached their highest points after months of receding from peaks reached last summer. The average number of days on the market for homes that closed escrow in March dropped to 47 with sellers receiving an average of 99 percent of list price.
Shea states that “winter clearly brought a market pause due to economic uncertainty from trade and tariff news, interest rate noise and remarkably heavy, seasonal rainfall. Buyers, however, have returned with a vengeance as positive employment numbers, a new drop in mortgage interest rates and migration from the San Francisco Bay Area continues. You can surely expect these hot sales trends to continue straight through the spring and summer home-selling season.”

Wednesday, April 10, 2019

The Top 8 Things To Do in Yosemite National Park

Here in Sacramento, we are lucky to live within driving distance to some of the region’s finest attractions, including Lake Tahoe, the beaches of the Pacific Ocean, the wineries in Napa Valley, and Yosemite National Park. Encompassing an area of 747,956 acres in the western Sierra Nevada, Yosemite National Park is an absolute must-see for Northern California residents.
Yosemite is recognized across the globe for its granite cliffs, impressive waterfalls, giant sequoia groves, sparkling lakes, tall mountains, peaceful meadows, and its overall biological diversity. Make the most of your trip to this iconic national park with our must-do activities, from exciting hikes along waterfalls to fascinating tours through history and many inspiring attractions in between.
Click here to discover the 8 Top things to do in Yosemite.  Thank you LyonLocal Blog!

Wednesday, April 3, 2019

20+ Easter Events in the Sacramento Area 2019

Easter is almost here! Each year, we look forward to the many egg hunts, Easter Bunny photo opportunities, pancake breakfasts, and more springtime activities leading up to Easter weekend.

There is certainly no shortage of Easter events in the Sacramento area this year! In fact, we’ve collected over 20 events to look forward to, most of which involve an egg hunt and an Easter Bunny sighting. Dust off your pastel clothing, grab your baskets, and hop on over to these Easter events in Sacramento and surrounding communities. Thank You LyonLocal Blog!

Click Here to discover the 20+ Easter Events!

 Happy Easter!

Thursday, March 14, 2019

Greater Sacramento Area Housing Market Decline Greatly Exaggerated

New pending sales jump 21% versus January
 Great news for start of the Spring Selling Season!  Thank You LyonLocal Blog
Potential home sellers and buyers alike are seeing a swift return to the “new normal” all throughout the Greater Sacramento region’s housing market. Buyers are back to snapping up homes at a rapid pace as 2,158 homes were placed under contract during the month of February. That number reflected a sizable 21 percent increase versus January and a notable 5 percent lift from a busy February of last year. This market information was presented by Lyon Real Estate based upon data provided by Trendgraphix Inc., a Sacramento-based reporting company.
Market-wide, inventory at the end of February rested at 2,895 homes active and available for sale. Although the supply level marked a 6 percent drop from January, it did reveal an 11 percent increase versus one year ago at this time. Based upon the renewed rate of buyer activity however, there is currently a mere 1.5 months of inventory available on the market.
Further analysis of new open escrows and supply by price range revealed some additional color. Entry level homes below $400,000 are currently left with approximately 1 month of supply remaining.  The move up market — homes priced between $400,000 and $750,000 — isn’t much better, with only 1.6 months of inventory. New open escrows for homes priced above $750,000 have also increased notably over the past few months leaving just 3.6 months of supply. Accordingly, all price points are largely considered to be in very tight market conditions.
Even though closed sales improved 8 percent versus January, they remained 12 percent off from February of 2018. This data heavily reflects the dramatic fall off in new open escrows reported during December and January compared to the same period in the prior year. Closed sales will surely rise significantly in the coming months due to the elevated rate of new open escrows.
The average sales price across the region for the month of February rested at $445,000, precisely matching the market-wide average for the past 6 months.  Homes that closed escrow over the past two months averaged approximately 97 percent of original list price and 55 days on the market.
“The decline of the Greater Sacramento resale housing market has been greatly exaggerated,” says Pat Shea, president of Lyon Real Estate. “Trade war commotion, wild stock market fluctuations, upward interest rate pressure, tax considerations and general market fatigue all likely contributed to sales tapering off at the end of 2018.  He added, “rock solid employment numbers, favorable mortgage programs and rates, excellent values in our housing stock and strong overall consumer confidence in Northern California means home sales will once again be exceptionally strong in Greater Sacramento throughout all of 2019.”