Mather Real Estate Appraisal

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What can you buy a house for in Mather these days? Here are all current listings as of August 17, 2009 within the Independence at Mather subdivision:

  • 42 total listings (including pendings)
  • 9 Active listings
  • 20 Active Short Sale listings
  • 13 Pending properties
  • 18 sales over the past 90 days
  • Low Sale over past 90 days:  $161,700
  • High Sale over past 90 days:  $399,000
  • 17 of 18 sales under $290,000

Independence at Mather Real Estate Listings in August 2009

I am very familiar with the Mather real estate market. If you have any questions or a need for further research, feel free to give me (Ryan) a call at 916-595-3735 or see www.lundquistcompany.com

http://www.lundquistcompany.com/blog  Listings in Mather, CA for August 2009 (Independence at Mather)

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I have a stats program that enables me to see how people get to this website through search engines. Since I get to see some of what people are searching for, I make it a point to answer questions that others are asking, and I try to give a bit more information than what I have previously posted. There are way too many inquiries to respond to each one, but I hope the information below is helpful for you. 

Search:  “Anatolia Rancho Cordova Vacant Lots”

There are indeed vacant lots in Anatolia. Like many construction sites, local builders in the Sacramento Region have halted future building until the market rebounds. There are still patches of new construction though in pockets of the Greater Sacramento Region, but the pace of construction is very slow compared to the rapid building five years ago. I happened to snap a shot of a vacant site in Anatolia last week while in the field and I’ll share it here. How convenient!!! I am glad to connect you with a local Broker or Agent if you are interested in purchasing a lot or group of lots.

Vacant Lot Anatolia Rancho Cordova June 2009

Search:  “How to obtain appraised value of property”

That’s a good question and the answer depends upon what type of property you are considering. Are you talking about personal property or real estate? I don’t handle personal property (though the Antiques Road Show is fun), but if you are interested in obtaining a valuation for your real estate, give me a call at 916-595-3735. You can also order online if that is convenient for you.

Search:  “How does unemployment affect the economy”

I track unemployment trends on a regular basis. Firstly, I would recommend for you to take a look at the Employment Develompent Department website to gain a sense of some of the most recent data. This comes in very handy if you are looking for information on a particular city in Sacramento County (or Solano, Placer, Yolo…) or even a Census-Designated Place like Gold River or Foothill Farms.

I am not an economist, but there is a basic principle at work here. If more people are losing their jobs, there will be more people not able to afford to purchase products in the marketplace (or afford their mortgage payments eventually). The natural progression of an increasing unemployment rate logically concludes in a more distressed marketplace with less revenue for businesses and a very likely increase in foreclosure properties unless there is some sort of legislation, government interference or act of God.

Search:  “Independence at Mather”

I won’t re-hash an entire description on the Mather subdivision referred to as “Independence at Mather” because previous blog posts will do the trick for you very well. In case any veterans who were stationed once at Mather Air Base would like to see what their former barracks now look like, take a glimpse at the images below. It’s a long way from what it used to be, huh? Veterans, thank you for your service to our country.

Independece at Mather Subdivision Sign 

Indpendece at Mather

Independence at Mather 2

Well, that was sort of a shotgun approach to giving insight on a few search engine inquiries. Please let me know if you have any further questions. I am always willing to help when I can.

http://www.lundquistcompany.com/blog  Answers from Search Engine Inquiries Yesterday

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Mather is a housing community with a history. The “Independence at Mather” development is a subdivision with 1271 homes that were built by KB Homes within the past ten years (with the strategic vision and planning of SHRA of course). Portions of the current housing tract were formally used as military barracks for military personnel from Mather Air Force Base just down the road, so when the base was decommissioned on October 1, 1993, it was a wonder what would happen to the land. Well, a subdivision was birthed and the old base was converted to Sacramento Mather Airport as well as for local commerce. 

What’s been happening in the Mather, CA real estate market over the past six months? Let’s take a look at all sales listed in MLS.

mater-ca-real-estate-market-trends-in-2009

Mather, CA Real Estate Market Data:

  • 21 sales over past 90 days
  • Low sale in past 90 days:  $162,500
  • High sale in past 90 days:  $351,000
  • Average days on market for sales: 85 days
  • Current Pending listings: 10
  • Current Active listings: 8
  • Current Active Short Sale listings: 23
  • Low Current Listing: a short sale at $99,000

mather-ca-real-estate-market-trends-may-2009

What do you notice from the graphs and data above? Listings certainly are lower than they used to be, aren’t they? It appears that there are not as many sales at higher levels too over the past 90 days than in the previous 90 days. Short sales often are priced aggressively to help offset the negative perception in the minds of many buyers, and it is eye-raising that a majority of current listings are short sales. How do you think that will impact the market in coming weeks and months?

If you have any questions about the data above or Independence at Mather in general, feel free to give me a call. The size, location, condition, layout, design, lot size, amenities, upgrades and so many other factors can affect the value of your home. The information listed above is general and not specific to any particular point of data other than being located in Mather. For a more detailed analysis of your home, please contact me at 916-595-3735 or www.lundquistcompany.com or “ryan [at] lundquistcompany [dot] com”. Additionally, if you purchased your property in recent years and you feel that your house has gone down in value, but the Assessor’s office has not recognized that decline, let’s talk about what your options may be. 

http://www.lundquistcompany.com/blog  Mather, CA Real Estate Market Trends

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