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What’s happening in the Yuba City | Sutter Real Estate market, and 4 tips for purchasing or selling your new home.
The Yuba Sutter area has become a very desirable area to live in. The median home value in Yuba City is $244,000.00. According to Zillow home values in Yuba City have risen 11.1% over the past year and they are expected to rise 7.8% within the next year. It is close to major freeways. There is currently a boom in new construction with most builders offering substantial buyer concessions. Cresleigh, Cobblestone, Interwest Homes Corp, JMC Homes, Woodside Homes, and KB Homes to name a few.
The Yuba City | Sutter News area has many community activities. It is home to the State’s Annual Peach Festival drawing crowds of approximate 30,000 festival goers. Also, Yuba City hosts the Sikh Festival and Parade each year. This Festival has taken Place in Yuba City for over 35 years. The festival brings more than 80,000 people to the Yuba/Sutter area. In additonal to these two festivals the annual Bok Kai Festival and Parade takes place in Marysville usually held in the Spring and brings an additional 18,000 people boosting our local economy.
The Yuba City | Sutter News area has many community activities. It is home to the State’s Annual Peach Festival drawing crowds of approximate 30,000 festival goers. Also, Yuba City hosts the Sikh Festival and Parade each year. This Festival has taken Place in Yuba City for over 35 years. The festival brings more than 80,000 people to the Yuba/Sutter area. In additonal to these two festivals the annual Bok Kai Festival and Parade takes place in Marysville usually held in the Spring and brings an additional 18,000 people boosting our local economy.
We also have a military community from Beale Air Force Base that is vital to our Twin Cities. Beale employes approximately over 3000 people each year adding stability to our community and local economy.
This week alone there has been 8 new listing, and 8 accepted offers. For such a small city this market is hot! Multiple offer market!
The Yuba City | Sutter News area has a diverse population of Caucasian, African American, Chinese, Japanese, Filipino, Koren, Asian Indian, Afganistan, and more. It’s a place where everyone can prosper.
Tips for First Time Home Buyers!
If you are a first-time home buyer, just thinking about taking on a mortgage may be overwhelming. For most people the purchase of a home is the largest investment they will over make. Hope you find these few tips helpful.
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Save Money for Down Payment and Closing Cost
Depending on the type of loan you may qualify for customarily a conventional loan will require 10% down, FHA 3.5%, and VA is no money down. Today, however, many lenders are offering affordable and down payment assistance programs.
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What’s your flavor?
You have several options when purchasing a residential property: a traditional single-family home, a townhouse, a condo, or a multi-family building with two to four units. Each have their own positive and negative drawbacks depending on your home owner goals.If you’re handy around the house a fixer-upper may be an option to save on the purchase price.
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Who’s Your Realtor?
A Real Estate Agent is the person who will guide you through each step of the purchase process and help negotiate the best price whether you are a buyer or seller. For example your agent will making or present an offer, assist you in getting a loan, set up inspections, and be a liaison between you and the lender, title company, and other buyer or seller’s agent.
There are many considerations when buying or selling your first home let me help you through this process. I will make it effortless to you.
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