ShameleSS Newsletter

Miller
Realty
Network
Shameless
Newsletter
Live Confidently
April 2013
Digital edition
In this issue
Meet Roxie
It’s selling season
Is it time to look at your options?
Looking at your home’s value may no longer be a subject to avoid. Values have come up, which means those who
have been waiting to make a move, may now have more options again. Call your favorite Miller Realty Network agent
for an informal chat about where your home fits into the current market.
Check out these options.
One down and one to go in Gold River
Robert Powell, eccentric developer, bought this seemingly unusable
rocky land across the river from Fair Oaks and called it Gold River.
Others in real estate and development shook their heads in disbelief.
Today, his vision is not only real, but a spectacular community for those who
call it home. This spacious home on Mother Lode Circle is almost ready.
Salmon Burgers
Call Kandace Mulvaney at 916-717-4828
One available and one coming soon in Sierra Oaks
We have some of the most expensive dirt in the county for sale on
Cosmos Ave in Sierra Oaks Vista. Two homes to choose from, one now
available and one on the way. Each valued in the $550k range. Add on
or more likely knock down and build. Put $1M in construction on this
land and you have a $2M home. It is just that easy!
Call Scott Miller at 916-247-7411
Zero Dark Thirty
All put together in North Sacramento
How fast will it sell? Might already be sold. At every price point, we see
homes that are all put together in a tight package. Everything is clean
and repaired and buttoned up and ready for a new owner. This great
new listing on 1916 Oak Bluff is that kind of home. If you or someone
you know is looking in North Sacramento, this is worth a tour.
Call Annie Dube at 916-705-6305.
Number play
Pending Sale!
Comfort is chic in Arden Arcade
2812 Villa Vista Way in Arden Arcade 95821 is at once chic and
comfortable. Located in a mid-century throwback neighborhood within
walking distance to Del Paso Manor Elementary School; it would be
perfect for a young family. Hardwood floors, remodeled kitchen and
great lot make this one a great candidate.
Call Julianna Frisk at 916-616-8169
Opinion corner
You can’t remodel your neighbor
Love and tolerate your neighbor.
Right?
When picking a home, we encourage
our buyers to take a good look at the
neighbors, neighborhood and the
surrounding community.
Sellers are obligated
to
complete
questionaires
that
include
information about
past dealings with
the
neighbors,
shared easements,
trees, fences, and
neighborhood
nuisances.
The rule for what
a seller
should
disclose is easy, if somewhat subjective:
Does the piece of knowledge affect the
desirability of living in the home?
For instance, while some of us have
neighbors that grow prize winning
roses in their front yard, others have
neighbors that collect junk cars.
Some of us have big families and have
a lot of parties while others like to
“Go Griswald” with their Christmas
decorations.
Buyers should know these things.
Because, unless you are buying a 1,000
acre ranch in the middle of Montana,
there is a very good chance your
neighbor’s habits
and choices will
have an impact
on the livability of
your home.
And once you are
into the home,
for the most part,
you simply have
to tolerate your
neighbor.
That tolerance is
inescapable as it
is imbedded deeply in our culture and
laws.
The old book rule ‘let he who is without
sin cast the first stone’ easily translated
in the American context to ‘don’t tread
on me’ or ‘live and let live’.
In real estate, the principle translates:
You can remodel a kitchen, but you
cannot remodel your neighbor.
On the one hand it shows how bogged
down the National Security bureaucracies
can be as she is constantly fighting upper
level seat shiners to make her case.
On the other hand, the movie depicts how
necessary these checks and balances are as
information and informants in the manhunt
were far from reliable and trustworthy.
Thankfully the movie didn’t descend
into a propaganda film about enhanced
Zero Dark Thirty is the story, supposedly interrogation techniques, as it easily could
pretty accurate story, of the 10 year manhunt have --- for either side on the debate.
for Osama, directed by Kathryn Bigelow.
Rather than being an action/military flick,
this comes off as more of a spy drama and
is very well done.
Jessica Chastain, (who played a lead in The
Zero Dark Thirty
Help) plays the CIA agent whose tenacity, if
we can trust the movie, was responsible for
getting the job done.
Her physical fitness pays big
dividends.
Our dear friend and broker associate
Kristen Hansen has taken her physical
fitness very seriously over the years;
swimming, riding her bike and visiting the
gym regularly.
Now her doctors are crediting her fitness
with saving her life. Kristen was hit by a
car and suffered what could easily have
been fatal injuries.
But because she is fit and because she has
the right attitude, we are looking forward
to her return to the office sometime soon.
We need her, and her clients need her to
heal and to get moving.
Motivated Owners
Consider this versatile property in Citrus
Heights a blank canvas for a tenant or
buyer.
Large home with in-law unit?
Large home with detached shop?
School or day care site?
The sellers are standing by with a $50k
build-to-suit budget with strong offer.
Pending Sale!
IN BUSINESS
Inventory in Months
20
15
10
Over $1M
$900K-1M
$800-900K
$700-800K
$600-700K
$500-600K
$400-500K
$300-400K
0
$200-300K
Get your Omega 3’s
Inventory in Months
$100-200K
5
Under $100k
Salmon Burgers
Tracking Sac County average home price
Ingredients
1 lb center cut salmon filet, de-boned
2 tbsp dijon mustard
1 tbsp mayo
1 tbsp lemon juice
1/2 tsp lemon zest
Limited inventory is still the story
2 chopped scallions
1/2 cup panko crumbs
tartar, wasabi, salt, pepper, avocado and The chart above shows how inventory changes as you move up in sale price in
the four county area.
olive oil
Months of inventory means that it will take X months to sell all of the current
inventory given that no new inventory is added. In all markets, we see a tendency
Directions:
Cut the salmon in 1/4 inch chunks and set towards that number of months of inventory going up as prices rise. It makes
sense as fewer people can afford homes at the higher range. More people can
3/4 of the chunks aside in mixing bowl.
Put the remaining 1/4 in the food processor afford to have lunch at Chipotle than can at Ruth’s Chris.
and pulse with the mustard, mayo, lemon But the big story has been and still is the left side of the chart. The months of
and lemon zest until you have a paste. inventory for homes under $500K is extremely low, hovering around one month.
Marry the paste with the chunks in the Furthermore, we have to get all the way to the $800k barrier before we see the
mixing bowl with the scallions and crumbs. months of inventory index get to the six month mark, which we have historically
Mix into burger meat and make patties.
considered a neutral market.
Chill on a plate in fridge or freezer to firm Is it getting better? Yes, that is the trend. As of the writing of this piece on 4/17,
up. Cook on BBQ with a screen on the
the inventory of single family residences in the 4 county area has gone up by 9%
grill or pan fry in olive oil. Either way, don’t
in just the last 2 1/2 weeks.
overcook. Dress and serve on a good bun.
So while limited inventory is still the dominant story.... it may not be for long.
Now you are living.
Charity Referral
SPCA or GDB? Maybe
both...
Roxie likes pina colada
...and getting caught in the rain. She is a 9 year old
Beagle/Chihuahua mix who is the favorite of the SPCA staff.
She gets along with dogs and older kids and just needs a
nice home. Just look at that face.
If you are looking for a place to donate the extra
stacks of cash you have lying around, these are
two great options.
Sacramento SPCA is there for the cast offs who
need a break.
On the other side of the spectrum is Guide Dog
for the Blind who breed and train the luckiest of
our canine friends into a life of service for people
who could use a break.
Both are worthy charities that we love to
support.
Our 2013 Starting Line-up
Miller
Realty
Network
Live Confidently
Our mission at Miller Realty Network is to build a client centered
brokerage of committed professionals entrenched in their
communities. Our model gives our agents the flexibility to operate
using their client’s interests as the compass. It requires that we
operate on the cutting edge with technology and current market
information to the benefit of our clients. And our lean, low overhead
operation means that our agents are able to invest more of themselves
in building their families and communities.
Broker/Owners
Scott Miller
Michael Miller
916-247-7411
916-879-6006
Kristen Hansen
Kandace Mulvaney
Annie Dube
916-591-1775
916-717-4828
916-705-6305
Heidi Challenger
Ruth Dubach
Vivian O’Neill
Julianna Frisk
Mark Waraas
916-334-3437
916-968-1627
916-402-3107
916-606-8169
916-233-9156
Broker Associates
Agent Associates
East Sac
Carmichael
Shameless
Newsletter
April 2013
Coming soon
Coming soon
East Sac seemed to miss the memo
about the real estate downturn.
Maybe not entirely, but it was late to
correct, and fast to bounce back.
For those shopping in East Sac, this
one is getting dialed in for you.
3 bedroom, 1 bath, 1055 sq-ft on a
super cute street in walking distance
to everywhere. Gotta love East Sac.
Call Michael or Scott at 916-879-6006
‘Coming soon’ is the only way to shop
right now as homes are selling so
quickly.
Coming soon on El Camino Ave in
Carmichael is this large California
Mission style home on a .6 acre lot
with in-law quarters. It sits well off the
road and would be great for a mixed
generation living arrangement.
Call Heidi Challenger at 916-334-3437
Call your MRN agent or call the office at 944-0511
If you have any real estate questions or concerns, we are here
to help. We represent buyers
and sellers of all stripes and
across all tax brackets.
Call us anytime, or email us at:
[email protected]
or:
Drop in on us at
8300 Fair Oaks Blvd #203
Carmichael CA 95608
Tom Sellas is a committed
artist and teacher
More numbers
Tom Sellas loves to make art and teach
art. And as is usually the case with people
who love their job, he is good at it.
Four County Area
He works mostly with oil on canvas, and
dabbles with 3 dimensional media, lots
of color, lots of light play, and lots of river
scenes throughout.
Yes the river shows up all through his
work, as it does with so many Northern
California Artists. Something basic about
running water to inspire us.
In Tom’s case, the inspiration comes while
aboard his kayak along the American
River. If you are a river person, his work
will be instantly familiar to you.
Go figure
His objective with his art is simply to take
the observer somewhere. Whether that
is by literally showing the looker another
place with his realistic pieces --- or in the
case of his abstracts, forcing us to stretch
ourselves to interpret as we will. The
If you are tuned into the market at all right
now, you have been hit with stories of
bidding wars and multiple offers.
The stories are accurate.
The chart above shows what happens
with prices as inventory declines. Right
now, the average seller is getting 99%
of their asking price. That’s an average,
meaning many are getting over 100%.
examples here show the more abstract
edge in his work.
Nurse Jackie
Working out of a large, bright studio in
his home, Tom is prolific, has sold plenty
of pieces, and is always looking for more
opportunities to show.
His work is available to see by appointment
by calling him at 916-266-3799.
It’s an easy conversation.
This is a great Showtime series that is
rentable and Netflixable for past seasons.
Edie Falco, formerly of Carmela Soprano
fame, plays the star role in Nurse Jackie.
She carries the show, playing another
complicated and dark character.
For some reason, as Carmela, you had
some affection and sympathy for her,
despite her complicity as a mob boss
wife.
As Nurse Jackie, she is darker and very
hard to like.
Look for this to change as our inventory
comes up, but not by much. We have
so many buyers waiting for so few
homes that we will likely feel the heat of
multiple offers for some time to come for
properties that are priced correctly.
If you are thinking of selling or just need
to know where your home fits into the
market, give us a call.
On the one hand she is a super
compassionate and highly skilled nurse who
you would want on your side if you were in
the hospital.
On the other hand, she is a narcissistic drug
addict who cheats on her husband with
her pharmacist, while neglecting her two
daughters.
It’s a sort of ER Gone Bad that is entertaining
and very well done with lots of great
character acting. But, warning, it will be a
little dark for some tastes.
Referrals List
Shop Talk
This is an incomplete and evolving list of people we know, and/or love, and/or
trust. We feature one or more people or businesses each issue and will build
more into this list. We like to deal with people we know and you might feel the
same. We try to refer more than one person, so you can match up with who will
work best with you. If you have people and businesses worthy of referring, give
us a heads up at [email protected] so we can check them out.
Contractors
Denis Dube
Custom cabinet building
Guy Kelley
Design/Build new construction
Brad Frago
Remodel general contracting large and small
Ron Legowik
Finish carpentry
Nar Bustamante Kitchen and bath remodel specialist
Jeff McHugh
Small punchlist to big project construction
David Heard
Residential high end design and construction
Paul Shirmer
Roofer
Ryan Rouse
Pool builder, landscape design and install
Mark Patitucci
Tree trimming
Mixed Service
Darren Nelson
Electrician
Tony Hemphill Electrician
Erik Strom
Plumber
Jeff Keefer
Painter
Chris Eulberg
Commercial and residential painter
S&J
Window Washing
Ted Davidson
Window Washing
Sal Villagomez Landscape maintenance
Robin Hayes
Custom flower planting and design
Financial
Adam Miller
Life insurance, annuities, employee benefits
Dan Lowe
Investments, retirement and college planning
John Nolan
Residntial lender, new purchase and re-fi
Paul Jacinth
Home owners insurance, car insurance
Greg Burke
Accountant
Barbara Gross
Accountant
Andy Lundholm Accountant
Marketing/computers
Steve Atkins
Website and computer marketing solutions
Neil Winchell
Computer solutions and service
916-342-1447
775-741-4640
916-350-1029
916-416-3334
916-944-0906
916-548-1294
916-425-0656
916-451-7696
916-826-8622
916-944-3429
916-983-3858
916-643-3749
916-224-8424
916-799-2230
916-747-9951
916-630-9330
916-821-8602
916-640-6493
916-212-5105
916-216-6900
916-768-1000
916-224-4498
916-470-7772
916-488-2460
916-203-8968
916-638-5195
916-849-7556
916-485-1836
Circulation climbs for
Shameless Newsletter
We have fun producing this letter so
it is nice to get feedback. Email your
agent direct or go to
[email protected]
if you want to weigh in. We ask for
honesty, and people dish it out.
Here are some floating questions and
comments from past months:
DO YOU WRITE YOUR OWN MOVIE
REVIEWS?
Yes, so either thank you or we
apologize, depending on your opinion
of them.
WHY
DON’T
YOU
EVER
PAN A MOVIE, TV SHOW OR
RESTAURANT?
We do recommendations rather than
reviews. Bad movies, shows and
restaurants are all over the place, and
we try to forget them rather than write
about them.
Occasionally, we cannot help
ourselves and we do write about truly
bad movies. Happy Feet, that fear
inciting, propaganda cartoon comes
to mind from a past issue.
WHY DON’T YOU DO MORE
BUSINESS AND LESS LIFESTYLE
STUFF?
The short answer is that if people
want Wall Street Journal analysis, that
is being done other places.
We like our analysis and real estate ads
to be very local and placed in proper
proportions and context between the
stuff of life. Just our preference. Look
for us to add more community stuff
going forward.
Finally
If you know anyone who is buying or
selling real estate in the near future,
please consider us.
If you know anyone who needs to get
the Online Shameless Newsletter or
the snail mail version, email us
[email protected]