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Celebrating St. Patrick’s Day in Sacramento

March 14, 2023 by ddelihant Leave a Comment

Hello March! Although we continue to see a projected forecast of rain in the weeks ahead, Sacramento’s impressive lineup of events and activities is anything but gloomy! Lucky for us, Sacramento has lots of Saint Patrick’s Day celebrations in store for residents and visitors alike. Are you celebrating this holiday in the comfort of your own home? We’re sharing some fun and festive activities that the whole family can partake in. Finally, we take a look at the local real estate market as well as expert predictions for the months ahead. Read on for the full scoop!

Will you be celebrating Saint Patrick’s Day in Sacramento? Check out our top picks in and around the area!

Friday, March 17th from 10 am – 2 pm
Fairytale Town
3901 Land Park Drive, Sacramento
Weather Permitting

Celebrate St. Patrick’s Day at Fairytale Town! We’ll have crafts and send you on a scavenger hunt to find a pot of gold! You might even meet a leprechaun along the way. Have your child wear green when you visit Fairytale Town and receive half off one child admission with one paid adult admission! Learn more here.

 

Friday, March 17th from 3 pm to 10 pm
Fox & Goose Public House
1001 R Street, Sacramento

Join us on Friday, March 17th for our 48th Annual St. Patrick’s Day Celebration! Traditional Irish and English fare will be available from 3-10 pm with your returning holiday favorites, including tasty Irish Lamb Stew served in a sourdough bread bowl and our hearty Corned Beef and Cabbage. Raise a pint to family, friends, and co-workers with Guinness, Harp, and Smithwick’s on draft.

Our beloved Irish folk singer patronage will pass out song sheets and lead the traditional group sing-along at 6:00 pm and traditional Irish bagpipe music will fill our cozy pub with celebratory cheer. Stout Rebellion will take the stage at 7:00 pm and keep the party going until 10:00 pm. This event is all ages until 12 pm and 21 y/o+ with I.D. from 10 pm-12 am.

 

Friday, March 17th – Starts at 3 pm
Limelight Bar & Cafe – Irish Social
1014 Alhambra Boulevard, Sacramento

Celebrate the essence of Sacramento at The Irish Social! Embrace the rich history, vibrant community, and diverse culture of the city that has welcomed Irish men and women with open arms since the 1850s. This year, join us in paying homage to the late Frank “Mugs” McNamara, a shining example of the spirit of St. Patrick’s Day with his love of Ireland and his selfless dedication to education, charity, and service. Experience an unforgettable evening of entertainment, with an exciting lineup of musicians and dancers at the historic Limelight, a venue loved by many of Sacramento’s celebrated characters. Immerse yourself in the rich culture and heritage of Ireland, as you revel in the spirit of St. Patricks Day.

And the best part? Your presence and support at this special event will directly contribute to the McNamara Brothers’ Scholarship Fund at Christian Brothers High School, keeping Mugs’ legacy alive for generations to come. So, grab your tickets today and be a part of the celebration!

Live Music Provided By: Clemon, Rattlin Boys Ceili Band & LVVS
Special Performance by The McKeever School of Irish Dance

 

Friday, March 17th at 8 pm
Crest Theatre
1013 K Street, Sacramento

Watch a featured Saint Patrick’s Day film, “The Boondocks Saints” at Crest Theater. In this classic, two Irish Catholic brothers become vigilantes and wipe out Boston’s criminal underworld in the name of God.

 

Friday, March 17th – 18th from 4 pm to 10 pm
Saint Patrick’s Day in the Park 2023
Ali Youssefi Square
701 K Street, Sacramento

Outdoor block party festival with live music, food, and a beer garden. Cover on both days is $15 at the gate.

– Outdoor stage
– Guinness Garden & Roe and Co Bar
– Bands and DJs
– Food by Beach Hut Deli
– 21 and over only
– FREE entry to after party (both nights) at Social Nightclub with your wristband from the festival

 

Friday, March 17th from 8:30 pm to 10 pm
Saint Patrick’s Day Rock the Yacht Cruise
City Cruises Sacramento
1206 Front Street, Sacramento

Step aboard City Cruise’s St. Patrick’s Day Rock the Yacht! This 21 and over cruise features local DJs rocking top 40s and all your favorite throwbacks. Sip on drinks from the cash bar and take in the fresh river breezes as you cruise under the Tower Bridge and past the Sacramento city lights. Grab your friends and head down to the only St. Patrick’s Day party you can’t find on land!

 

Saturday, March 18th from 12 pm to 5 pm
Saint Patrick’s Day Parade & Festival
Old Sacramento Waterfront

If it’s the Luck of the Irish you’re looking for, come find it at Old Sacramento Waterfront in March! Enjoy a parade, live musical entertainment, outdoor beer gardens, and a chance to find Leprechauns hiding throughout the charming historic district.

Parade Time: 1:00 pm
Beer Garden and Vendor Village: 12:00 pm – 5:00 pm
Event Location: Old Sacramento Waterfront

 

Now through March 20th
Leprechaun Hunt
Old Sacramento Waterfront

The St. Patrick’s Day leprechauns have once again visited the Old Sacramento Waterfront in search of their favorite thing…gold!

However, after their arrival, they learned the Gold Rush Era ended long ago. After thinking this was the end of their rainbow, they fled! Help us find the leprechauns who are hidden all over our historic district so they can celebrate their beloved Irish holiday on time. They have each hidden themselves with a secret word…collect all the secret words to unlock the final secret message at the end of your activity book, and help restore Irish luck and good cheer.

Instructions: Using the clues, go to each stop to find the mystery words. Each word is a different color. Once you find all the secret words, fill in the blanks with the words you find based on their corresponding color. There are also 4 optional bonus activities sprinkled throughout this hunt where you will receive bonus secret words! If you want some real-life leprechaun treasure, complete the bonus activities for a chance to win a gift basket!

Email your bonus answers to events@downtownsac.org before Monday, March 20th at 5 PM. Download the activity book HERE!

You can have just as much fun celebrating Saint Patrick’s Day from home! Try one or more of these activities with your loved ones.

 

Prepare a St. Patrick’s Day Feast

Whether it’s classic corned beef and cabbage or another traditional Irish dish, such as Bangers and Mash, there is no shortage of tasty recipes that will get you in the St. Patrick’s Day spirit. Check out some inspiration before preparing your Irish feast here.

 

Bake Some Magically Delicious Desserts 

Decorating your favorite desserts with green frosting and edible gold flakes can put a lucky twist on any classic treat. If you’re looking to whip up something new, try out these rainbow-topped cupcakes dusted with gold or this easy-to-make Leprechaun Bait. You can find some other yummy dessert recipes here.

 

Enjoy a St. Patrick’s Day Movie

Bring Ireland to your home with “Leap Year,” starring Amy Adams. This adorable romantic comedy takes viewers on her journey to and through Dublin to propose to her boyfriend on Leap Day! As Irish tradition states, a man who is proposed to on Leap Day in Ireland must accept. This PG-rated romantic comedy is suitable for the whole family and is now available on Netflix. Make this Saint Patrick’s Day Popcorn ahead of time for the ultimate holiday movie night.

 

Bring the Bar To Your Backyard

Avoid crowded bars and make a festive beverage at home such as this Chocolate Martini recipe with one-part Bailey’s cream or this creative Guinness Float concoction with Irish Beer and Ice Cream. Impress guests with the “Irish Maid”: another great cocktail option with whiskey, lime juice, simple syrup, and mint and cucumber for garnish. Opting for a non-alcoholic option? This Shamrock shake (yes, it’s a copycat McDonald’s shake) is the perfect drink/sweet treat for people of all ages!

 

Go on St. Patrick’s Day Scavenger Hunt

Bring the magic of the holiday to your own home by creating a scavenger hunt! Use these free printable treasure hunt sheets and watch as your little leprechauns solve the clues. Hide their favorite treat or a new toy in a pot of gold at the last stop.

 

Try Your Luck with St. Patrick’s Game Night

Gather the whole family into the living room for a Saint Patrick’s Day themed trivia game night! Find a printable trivia sheet here.

According to a recent article by US News, despite the US real estate market cooling, Sacramento remains a top destination for homebuyers, and for good reason. There also appears to be a step back in home prices, which may give Sacramento-area buyers some much-needed relief. Click here to learn more.

Filed Under: Real Estate News, Sacramento Lifestyle

Sit, Stay or Play: Your Labor Day Weekend Guide Is Here!

September 2, 2022 by ddelihant 1 Comment

Labor Day Weekend has arrived! That’s why this month’s newsletter is dedicated to weekend events, getaways, and local happenings in and around Northern California. So whether you feel like kicking back and relaxing at home or treating yourself to an epic day trip with family and friends, we have some fun ideas on how you can “live your best life” this Labor Day Weekend!

You don’t have to leave town to enjoy the weekend… Below are some fun ways to kick off this holiday weekend in and around the Sacramento area!

 

32nd Annual Chalk It Up! Chalk Art and Music Festival: The Chalk It Up! Chalk Art and Music Festival is a three-day celebration of local artists and the arts community in Sacramento. In this family-friendly event, artists turn the sidewalks around Fremont Park into works of art with chalk. The event also features live music and local food vendors along with a 21-and-over beer garden at the park on Q Street in midtown Sacramento. The event is free and takes place from September 3rd through the 5th from 10 am to 6 pm.

 

Van Gogh Exhibit in West Sacramento: The Immersive Experience: Have you ever dreamt of stepping into a painting? Take an awe-inspiring journey into the incomparable universe of Van Gogh, one of the greatest artistic geniuses of the 19th century. Explore his life, his work, and his secrets as never before through cutting-edge 360-degree digital projections, a one-of-a-kind VR experience, and a uniquely atmospheric light and sound show. The Sacramento exhibit even offers Yoga classes so that you can relax and unwind one breath at a time while admiring Van Gogh’s best work. Book your experience here.

 

National Cinema Day: Movie theaters across the country and the Sacramento area are participating in the newly launched “National Cinema Day.” Moviegoers will be able to watch a movie at participating theaters for just $3 for every showing in every format throughout the day. Click here to see which Sacramento-area movie are offering $3 movie tickets.

 

FoodieLand Night Market: FoodieLand Night Market is another family-friendly event that takes place over four days at Cal Expo. This event features 150 vendors with a variety of foods, arts, crafts, games and entertainment. Admission for this event is $5 and children 5 and under are admitted for free. The event begins on September 2nd at 3 pm until 10 pm. From September 3rd through the 5th, the event’s hours are from 1 pm to 8 pm. Click here to purchase tickets.

 

Sac Anime: The SAFE Credit Union Convention Center will host the annual Sac Anime event from Friday, September 2nd to Sunday, September 4th. This event will feature panels, video game exhibits, and an array of vendors on site selling clothing, books videos and more. The hours of the convention’s first day is 12 pm to 11 pm, followed by 10 am to 11 pm the next day and 10 am and 6 pm on the final day. Tickets can be purchased in advance online at sacanime.com.

Wanna get away? This Labor Day Weekend is the perfect opportunity to venture out and take a fun day (or weekend) trip. The great thing about Sacramento is its close proximity to places including the foothills, Lake Tahoe, and the Napa Valley Wine Region. So if you’ve found yourself daydreaming about getting away, consider escaping the heat and treating yourself to an exciting outing!

Apple Hill: Apple Hill is officially open for business! Founded in 1964 with just 16 apple ranches, Apple Hill has grown to include over 50 unique fruit and veggie farms, wineries, B&Bs, flower gardens, Christmas tree farms, and even a day spa. Get your first taste of fall by relaxing at Ponderosa Bed & Breakfast and going apple picking, visiting High Hill Ranch for fishing, pony rides and a delicious slice of pie, or grabbing an award-winning hard cider at North Canyon Cider Company. The best part? September is known to be less crowded so it’s a great time to visit. Check out the remaining Apple Hill destinations here!

Lake Tahoe: Lake Tahoe is the perfect escape from the summer heat with its wide array of recreational activities including boating, water sports and hiking in the summer, and skiing and snowboarding in the winter. They also have fantastic restaurants, concert venues, and shopping! Take a look at some of the local events taking place this weekend by checking out their “Labor Day Lake Tahoe Guide”. This local guide is also a helpful resource when planning your weekend.

Napa Valley: What better way to celebrate the long weekend than by taking a quick trip to Napa and enjoying a nice cold glass of wine, exceptional cuisine and mesmerizing views of vineyards…because “wine not”? Take a ride on the Napa Valley wine train and soak in breathtaking landscapes, soar above the clouds (and heat) in a hot air balloon, enjoy a culinary experience at one of their many award-winning restaurants or visit one of their 460+ wineries. Click here for a list of weekend events and here for lodging accommodations.

Summer isn’t over just yet…and this weekend is the perfect excuse to fire up the grill and cook up some summer favorites! Savor the end of summer by trying one of these classics to make this your best cookout yet.

  1. Labor Day Burger: Dubbed “The Labor Day Burger”, this mouth-watering burger is packed with extra flavor and punch! A juicy patty, crispy bacon, avocado, pepper flakes, and melted cheddar cheese all come together to create this delicious main. Get the recipe here.
  2. Goat Cheese & Cherry Caprese: Make your summer plate a little lighter (and more colorful) with this gorgeous and easy to assemble salad packed with heirloom tomatoes and fresh goat cheese, and drizzled with olive oil and balsamic vinegar. Learn how to make it here.
  3. Crispy Baked Zucchini Fries: A burger is not complete without some crispy fries to accompany the meal. Up your fry game with these unbelievably crispy low carb zucchini fries! Try out the recipe here.
  4. Ice Cream S’mores: Believe us when we say this recipe will have you asking for “s’more”… Putting its own unique twist on traditional s’mores, this recipe adds a little something extra with melted chocolate and ice cream creating a cookie-like s’more. The best part? You won’t have to stand around a hot campfire…Get the recipe here.

While the temperatures may be soaring, the Sacramento housing market continues to cool off. According to the Sacramento Association of Realtors, July sales in Sacramento dropped 31% compared to 2021. When compared to June of last month, sales marked 1,081, a 17.5% decrease (1,310). The median sales price also decreased 1.8% from $560,000 to $549,000 when compared to June, while listing inventory increased 12%, from 2,237 units to 2,505 units. Moreover, the months of available inventory continue to creep up from 1.7 months in June to 2.3 months in July. Median days on market increased from 8 to 11, and average days on market increased from 14 to 19.

 

So what does this mean for buyers? While rates are still adjusting, we are seeing more opportunities for qualified buyers due to a steady rise in both inventory and average days on market.

Filed Under: Real Estate News, Sacramento Lifestyle

Your August Newsletter is Here

August 10, 2022 by ddelihant Leave a Comment

School is back in session…and this month, we’re offering a crash course on all things Sacramento. Get ready to fill up your social calendar for the rest of August with an exciting lineup of concerts, festivals, River Cats games, and more! We also take a look at the shifting real estate market and some of the recent changes that will affect buyers and sellers in the coming months. Last but certainly not least, we look ahead to this year’s top fall decor trends that you can incorporate into your home to create a cozy space and earn some extra points with family, friends, and peers. Read on for the full scoop!

Click on the below links to see what local events and activities are taking place now through the end of August!

 

Sacramento:

  1. River Cats Schedule
  2. Sac Republic FC Schedule
  3. Now-August 28th (Every Weekend): Live Music at Crawdads on the River
  4. Now-August 28th (Select Days): Alegria by Cirque Du Soleil
  5. Now-August 31st: Front Street Water Carousel & Waterfront Wheel in Old Sacramento
  6. Now-August 31st (Select Days): Old Sacramento Underground Tours
  7. Now-End of Year: Van Gogh Exhibit in West Sacramento: The Immersive Experience
  8. August 9th-14th: The Secret Garden Broadway At Music Circus
  9. August 10th: BarnFlix at Drake’s the Barn: The Breakfast Club
  10. August 12th: Trucks & Such at Land Park Amphitheatre
  11. August 13th: Celebrate Oak Park
  12. August 13th: Festival Del Mole
  13. August 14th: Sacramento Antique Faire
  14. August 14th: Second Sunday Brunch Market
  15. August 16th: Sunset Yoga Sessions at Drake’s The Barn
  16. August 18th: Summer Soiree Series at California Museum
  17. August 18th: 2022 Best of Sacramento Party
  18. August 18th: Daddy Yankee at Golden 1
  19. August 19th-21st: FoodieLand Night Market at Cal Expo
  20. August 19th: Back to School BBQ at McClatchy Park
  21. August 20th-21st: 11th Annual Banana Festival at William Land Park
  22. August 20th: Art on the Spectrum at The Crocker
  23. August 20th: Legendary Sacramento Mile @ Cal Expo
  24. August 23rd-28th: The Color Purple at Broadway Music Circus
  25. August 24th: BarnFlix at Drake’s The Barn: Madagascar
  26. August 25th: Latin & Funk Night at Drake’s The Barn
  27. August 28th: 23rd Annual Race for the Arts 5K, Kids Fun Run & Arts Fest
  28. August 30th: Kendrick Lamar at Golden 1

 

Carmichael:

  1. Every Sunday: Carmichael Farmers’ Market
  2. August 13th, 20th & 27th: Concerts in the Park

 

Fair Oaks:

  1. August 25th: Concerts in the Park
  2. August 26th: Comedy Under the Stars

 

Rancho Cordova/Gold River:

  1. August 12th (Every Friday): Friday Night Concerts
  2. August 13th (Every Saturday): Sunrise Light Rail Station Farmers Market
  3. August 12th (And Select Days): Nunsense Musical Comedy at the MACC
  4. August 19th: Beatles & Brew

 

Folsom:

  1. Every Saturday: Farmers Market on the Plaza
  2. Now-October: Palladio Presents Free Yoga in the Piazza
  3. August 11th, 18th & 25th: Twilight Concert Series in Historic Folsom
  4. August 27th: Cars and Coffee Show at Folsom Palladio
  5. August 19th: Folsom Americana Fest

 

El Dorado Hills:

  1. Every Saturday: Deer Creek Hills Preserve Saturdays
  2. Every Sunday: El Dorado Hills Certified Farmers’ Market
  3. Every Thursday: Live on the Boulevard at El Dorado Hills Town Center
  4. Every 1st & 2nd Saturday: Cars & Coffee at El Dorado Hills Town Center

 

Elk Grove:

  1. Every Thursday: Neighborhood Market
  2. Every Saturday: Farmers Market
  3. August 16th: Mini MOO Family Night
  4. August 27th: Multi-Cultural Festival

 

Roseville:

  1. August 11th: Food Truck Mania
  2. August 13th: Fitness in the Park
  3. August 19th: Friday Night Flicks: Spiderman – No Way Home
  4. August 20th: Concerts on the Square at Vernon Street in Roseville

 

Rocklin:

  1. August 19th, 20th & 27th: Concerts at the Quarry
  2. August 26th: FREE Farmers Markets at Johnson-Springview Park

 

Things are starting to look up for buyers. According to a recent Redfin report, the city of Sacramento’s housing market is cooling at the second fastest rate in the nation, just behind the Bay Area. This marks a reversal from the height of the pandemic when it attracted scores of remote workers moving in from the Bay Area and other expensive parts of the country.
The latest housing statistics available from the Sacramento Association of Realtors also reveal that most of the Sacramento Region saw price drops in June. The median sales price decreased 2.6% from $575,000 to $560,000. This figure is up 7.7% from June 2021 ($520,000). The active listing inventory increased 21.6% from May to June, from 1,840 units to 2,237 units. Compared with June 2021 (1,297), inventory is up 72.5%. Moreover, the months of inventory increased from 1.4 months to 1.7 months. Median days on market increased from 7 to 8 and average days on market increased from 13 to 14.
So what’s causing this cooldown? For starters, mortgage rates have played an instrumental role — they nearly doubled in the first half of the year, reaching almost 6% in June. That caused the monthly mortgage payment for a typical homebuyer to surge 45% year-over-year to $2,459 in June and priced many buyers out of the market — therefore, increasing inventory and days on market.
However, we are now seeing mortgage rates fall close to 5%. The recent drop in mortgage rates from the June peak cuts about $400 a month from the monthly mortgage payment of a homebuyer looking at purchasing the median-priced home of $417,000. This opens the door for millions of homebuyers who were once priced out when mortgage rates soared in the first months of the year and are now able to get back into the game.
This recent drop in rates, coupled with increased inventory and a spike in average days on market should give buyers more leverage in the home buying process. 

 

Fall may seem a long ways away, but with the kids back to school, September 22nd will be here before we know it! If you’re thinking about doing a bit of re-decorating to get your home ready for the new season, now is a great time to find on-trend items that will create a comforting space and help you fall for your home all over again. Here are some of this year’s most anticipated fall decor trends.

Earth Tones: Earth tones are making a big comeback this year and for good reason. “The ‘color of the year’ selections correlate with where we are as a society,” Ginger Curtis, owner and principal designer at Urbanology Designs, says. “People need healing spaces that are restorative and calming.” She expects these earthy greens to be paired with other nature-inspired colors—like sky blues, warm browns, and soft grays.

 

The great thing about this trend is that earth tones pair well with almost every style of decor. If your home already has warmer hues and neutrals, you can easily add a touch of fall by layering in some richer accent colors like this warm-toned pillow arrangement or these amber glass vases from Crate & Barrel. You can also create a cozier space in your living room or bedroom by adding these cotton waffle throws that are now on sale at West Elm.

Natural Wood: Incorporating natural wood and warm wood tones is another great way to create a welcoming and relaxed environment for fall — and experts agree. “Manufacturers have developed a happy medium between ultra-dark furniture and super washed-out gray tones,” Kristin Bartone, creative director and principal designer at Bartone Interiors says. Warm, medium-tone woods are already popular in flooring, but she says we should see more “lightly stained wood oak” furniture and décor in the coming year. And Mary Beth Christopher, principal designer at MBC Interior Design, agrees. “I’m very ready to say goodbye to overly bleached-out wood,” she says. “We are nesting right now. We need comfort, coziness, and warmth.”
However, don’t panic if you have gray-toned wood flooring or other elements in your home. You can still easily incorporate warmer wood tones through furniture like this reclaimed coffee table from West Elm, or these gorgeous dining room chairs from Wayfair. Free-floating storage shelves are another budget-friendly way to instantly add warmth to your kitchen or living room.

Cozy Textures: Bring on the cozy textures – think chunky cotton, wool throws, and luscious velvet accents to instantly elevate your space and add an element of warmth. “If it’s not comfortable, forget it,” Caroline Brackett, owner and principal designer at Caroline Brackett Studio of Design, says. “For textures, that means anything furry, nubby, or cozy.” And Kim Gordon, principal designer at Kim Gordon Designs, agrees. “We’re going to see a huge wave of shapely, soft upholstered pieces that are slung lower to the ground,” she says. “This is all about letting your home envelop you.”

 

Not sure where to start? Make your home irresistibly cozy with these faux fur throws or these gorgeous knit pillows.

Candles: While they aren’t technically a trend, nothing screams fall like candles. Not only will a candle bring that warm and inviting feeling into your home – but it also serves as a signature fall staple piece that instantly infuses the home with comforting scents. Place these gorgeous votives on the fireplace, entryway, table, or outdoor patio to illuminate your home and add a touch of elegance. On a budget? You can stock up on signature fall scents here.

Mix Vintage & Modern: Traditional touches and antique accents are coming back in a big way — and Mary Beth Christopher, principal designer at MBC Interior Design, agrees.  “Here in California, the T-word (traditional) has been banished. But, traditional design is coming out of the woodwork in a new way.” She also notes that people are gravitating toward “pieces that have richness and history”— like ornate mirrors, velvet chairs, and fringe-lined couches. But that doesn’t mean getting rid of your modern pieces. “Mixing and matching current furniture pieces with family heirlooms or antiques helps to keep the room feeling timeless,” adds Mary Maloney, owner and interior designer at Bee’s Knees Interior Design.

 

If you’d like to add a few vintage pieces to your home, start with a vintage rug, velvet chair, or timeless mirror.

Filed Under: Home Improvement, Real Estate News, Sacramento Lifestyle

Fireworks, Food and Fun! Your Ultimate Guide to the Fourth!

July 1, 2022 by ddelihant Leave a Comment

Independence Day is just around the corner! That’s why this month’s newsletter is dedicated to local events, parades, and patriotic happenings taking place in and around the Sacramento area. We’re also sharing a few of our favorite recipes that you can whip up in no time for your Fourth of July bash. And last but certainly not least, we take a look at the current real estate market to see what’s in store for buyers and sellers this summer.

Looking for ways to celebrate the Fourth this weekend? Click on the below links for an unforgettable lineup of fireworks and fun!

Sacramento County:

Rancho Cordova Fourth of July Celebration (July 3rd – 4th): The Rancho Cordova Fourth of July Celebration returns with a one-mile road race and parade down Coloma Road. There will also be carnival rides, concerts, and fireworks at Hagan Park. The fireworks display will take place at 9:45 pm on both Sunday and Monday. Tickets can be purchased online. Click here for additional information.

Salute to the Red, White, & Blue in Elk Grove (July 4th): Join Elk Grove as they salute the red, white and blue! Festivities begin at 5 pm. A “Let Freedom Ride” bike parade will start at 6 pm, which will be followed by a performance by Sacramento cover band Apple Z. The fireworks display will be set to the soundtrack from 94.7 The River and will start at 9:40 pm. Click here to learn more!

Folsom Pro Rodeo (July 1st – July 3rd): Yee-haw! The Folsom Pro Rodeo is celebrating its 60th year. Along with non-stop rodeo action, there will be nightly fireworks displays starting at 10 pm. Click here for a full schedule of events and get your rodeo tickets here.

Fourth on the Field at Sutter Health Park (July 4th):  Get ready for food trucks, fireworks, and family fun! Attendees are able to enjoy a picnic out on the outfield as well as access to vendors, 19+ food trucks, and a wide assortment of beverages. Fireworks will begin at 9:30 pm. Field access general admission costs $12. For the 21+ club level admission, tickets cost $20. Visit rivercats.com to plan your outing!

Red, White, & Blue Celebration in Carmichael (July 2nd): Carmichael’s Red, White, & Blue Celebration returns on Saturday, July 2nd, and will be held at the La Sierra Community Center at 6:30 pm. Food trucks and the Beer Garden will open up at 6:30 pm. There will also be a FREE kid zone and a live band performance featuring the Great Wilde Open, beginning at 7 pm. Fireworks are set to begin at 9:30 pm. Click here to learn more!

Arden Park July 4th Bike Parade and Festival (July 4th): If you love parades, visit the Arden Park Recreation and Park District for their annual Bike Parade and Festival. The parade starts at 10 am and afterwards, you can enjoy live music, food, and a kid zone with giant inflatables throughout Arden Park from 11 am to 1 pm. Free admission includes the pool too. The hot dog and hamburger meals are available for $5 and $6, respectively. Learn more here.

Placer County:

Roseville’s Fourth of July Parade & Fireworks (July 4th): Celebrate the 4th in Roseville! The parade begins at 9 am along downtown Roseville. Fireworks will take place at the Grounds. Gates open at 4 pm with seating at the grandstand being first-come, first-serve. Admission is free, but parking is $10. There will be activities and concessions. Fireworks will begin between 9:15 and 9:30 p.m. Click here to learn more!

Kings Beach Drone Fireworks and Beach Party (July 3rd): The 41st annual July 3rd Beach Party will feature the first-ever drone light show in North Lake Tahoe! The party takes place at Kings Beach State Recreation Area starting at 7 pm and is open to all ages for free. Enjoy three delicious food vendors, and a beer/wine garden as well as a dazzling drone light show display at 9:30 pm. You can buy preferred seating located at the North Tahoe Event Center here. Click here for more information.

Lincoln 4th of July Celebration (July 4th): Join the Lincoln community for a family-friendly and FREE event at McBean Memorial Park! Activities include a pancake breakfast, parade, annual horseshoe tournament, vendor booths, a kid zone, concerts, a baseball game, and much more! Click here for more information.

Celebrate America 2022 in Rocklin (July 1st – 2nd): Destiny Community Center in Rocklin is hosting a two-day celebration for the Fourth of July weekend. Doors open at 4 pm on July 1st. Twin Oaks Park will be filled with music, food, and a kid zone. This event boasts one of the largest fireworks displays in the area, along with a military flyover demonstration. Fireworks start at 8 pm. Click here to plan your weekend!

El Dorado County:

Annual Fourth of July Family Blast (July 4th): Celebrate the 4th in Placerville! The El Dorado County fairgrounds has a wide range of festivities – from carnival rides and live music to face painting and a festive fireworks display. Gates open at 3 pm. There will be live music with Dream and the Dreamer from 6 to 10 pm and fireworks will start after dark! Click here for the cost of admission and to learn more.

Lights on the Lake Fireworks (July 4th): The “Lights on the Lake” fireworks show, named one of the country’s top Fourth of July celebrations, is set to take place along the South Shore of Lake Tahoe on July 4th. The show is scheduled to begin at 9:45 p.m. The fireworks are visible from all over town. Click here for a roundup of places to see the show.

Are you hosting a Fourth of July bash at home with friends and family? While barbecuing is a given, you can sweeten up your celebration just a bit more with these fabulously festive apps, drinks, and desserts!

Patriotic Appetizers:

  1. Patriotic Trail Mix: Nothing says “Happy Fourth” like this simple yet delicious trail mix recipe, which is loaded with mini marshmallows, M&Ms, and licorice. Get the recipe here.
  2. Fourth of July Brie: While you’re waiting for the grill to heat up, this Fourth of July Brie is a must! Because who doesn’t love fresh fruit paired with warm cheesy goodness? Learn how to make it here.
  3. Watermelon Strawberry Caprese Salad: Looking for something light and refreshing? Try out this easy-to-make, star-studded Watermelon Strawberry Caprese Salad.
  4. Red, White, & Blue Sliders: They may be miniature, but these sliders are jam-packed with bold flavor thanks to a magical combination of strawberries, blue cheese, and hamburger patties. Not a fan of blue cheese? Swap out for swiss or jack. Get the recipe here.
  5. American Flag Veggie Tray: There’s nothing more patriotic than an American flag veggie tray! Learn how to assemble it here.
  6. Fireworks Pasta Salad: This pasta salad will have your taste buds creating their own fireworks show! This recipe takes a fiery twist on traditional pasta salad with the help of spicy dill pickles and an extra dose of heat in the dressing. Make it here.

Sparkling Beverages: 

  1. Red, White & Blue Frozen Sangria: What’s better than a frozen slushy? A red, white, and boozy one…This adult beverage is naturally flavored and is sure to be a hit at your Fourth of July celebration! Get the recipe here.
  2. Rocket Jello Shots: Jello just got an adult makeover thanks to this sparkling recipe! See how to make Rocket Jello Shots here!
  3. Blackberry Mojito: Beat the heat with this refreshing Blackberry Mojito!
  4. Red, White & Blue Wine Spritzer: Another refreshing favorite is this wine spritzer packed with blueberries, strawberries, and of course, some white wine of your choice. Learn how to make it here.
  5. Sparkling Cherry Limeade (Non-Alcoholic Drink): This delicious mocktail is a must for your party – and the kids will enjoy it too! Get the recipe here.
  6. 4th of July Mocktail: This 4th of July mocktail is loaded with fresh juice, seltzer, and fruit to create the ultimate drink for all guests to enjoy. Make it here.

Dazzling Desserts:

  1. Firecracker Milkshake: Kids will go crazy over these decadent (and festive) Firecracker Milkshakes. You can add toppings like hot fudge or strawberry sauce for a little extra flavor! Check out the recipe here.
  2. Mini Stars Berry Pies: These adorable miniature cherry-berry pies are packed with flavor and an assortment of cherries, strawberries, and raspberries. Top with ice cream and enjoy! Get the recipe here.
  3. Star-Spangled S’mores: Nothing screams summer like s’mores. This patriotic version is a delicious way to enjoy Independence Day! Click here to make your own batch.
  4. Brownie Flag Cake: Who doesn’t love ooey-gooey brownies? You can use the homemade brownie batter recipe or a mixed box. Topped with fresh blueberries, strawberries, and vanilla frosting, this brownie cake is sure to be a real hit with guests! Learn how to make it here.
  5. Patriotic Popsicles: Fourth of July and popsicles go hand in hand. Learn how to make this patriotic dessert here.
  6. Dipped Ice Cream Cones: Ice cream anyone? This summer staple is taken to the next level with red, white, and blue hand-dipped cones. Add sprinkles and scoop in your favorite ice cream for the ultimate treat! Click here for the recipe.

Good news for buyers. According to recent housing statistics, it looks like the Sacramento real estate market is finally taking a breath. For the first time in nearly two years, the number of homes for sale in the market has surpassed one month’s worth of inventory. As of June 27th, nearly 40% of all active listings have had a price drop. Median prices are still going up slightly, but price reductions on individual homes for sale are becoming far more common.

“I think we’re in a place where we’ve legitimately shifted and we’ve said goodbye to the most aggressive market ever,” Sacramento appraiser and real estate market analyst Ryan Lundquist said. Local real estate experts expect the market to continue its modest pace through the summer and into the fall. Read the full article here.

Filed Under: Real Estate News, Sacramento Lifestyle

Your June Newsletter is Here!

June 10, 2022 by ddelihant Leave a Comment

Hello June! This month is heating up as we discuss all things summer-related. From our favorite “dad-approved” man cave spaces to this season’s most popular backyard design trends, we’ve got you covered. We also take a look at the Sacramento real estate market, which continues to make a big splash. Read on for the full scoop!

Check out the latest events and activities that the Greater Sacramento area has to offer.

Sacramento Events:

River Cats Schedule: Click Here For May Games
Sac Republic FC Schedule: Click Here For May Matches
Concerts in the Park: Click Here For This Year’s Schedule
Spring Concert Series in Old Folsom (Every Sunday): Click Here for the Complete Schedule
Now through June 12th (Every Saturday): Dance on the Edge of Summer
Now through June 12th: 21st Sacramento French Film Festival
Now through June 26th (Select Days): Old Sacramento Brew Boat Tours
Now through July 31st (Select Sundays): Waterfront Yoga in Old Sacramento
Now through June 30th (Every Thursday): Twilight Concert Series
June 9th: Food Truck Mania in Roseville
June 9th: ArtMIX at the Crocker
June 11th: Community Garage Sale in Old Fair Oaks
June 11-12th: Sacramento Pride Festival 2022
June 16th: Sac Hot Chicken Battle 2022
June 18th: Sacramento Water Lantern Festival 2022
June 18th: 3rd Saturdays Art Walk in Roseville
June 18th: 3rd Annual Front Street Brewfest 2022
June 18th: Concerts on the Square in Roseville
June 19th: Juneteenth Festival Weekend
June 19th: Father’s Day Car Show 2022 at BaySide in Roseville
June 25th: Taco & Margarita Festival 2022 @ Cal Expo
June 25th: Historic Folsom’s Hometown Parade
June 30th: Shawn Mendes at Golden 1 Center

Summer is the season for spending time outdoors. And what better way to enjoy your time outside than by creating an “Instagram-worthy” oasis in your very own backyard? Check out our seven favorite design trends that you can incorporate into your outdoor space!

Outdoor Kitchens: Outdoor kitchens are quickly becoming the mark of an indoor-outdoor living space. Satsha Lopez-Jaimes, Living Spaces Designer adds, “Just because it’s outdoors doesn’t mean you can’t have indoor luxury, so bring in storage or build in storage through shelving and cabinets; use shelves to display an herb garden in statement planters. To make it restaurant-esque, fill the larger kitchen space with lots of seating for dining.” Not sure what style of outdoor kitchen is suitable for your backyard? Get inspiration, tips and resources here.

Pizza Oven: Two words: Pizza oven. Over the past year, there has been a huge rise in interest in building outdoor pizza ovens. And what better way to ramp up your outdoor kitchen than with your very own outdoor pizza oven? Thankfully, adding one to your home doesn’t have to be a four-figure investment. Companies like Ooni sell portable outdoor pizza ovens for less than $400. Check out their oven here. Check out other affordable options here.

Outdoor Living Rooms: Outdoor kitchens have been on the rise for quite some time now — and while they’re not going anywhere —  many homeowners are also interested in creating outdoor living rooms, according to Houzz. Not only do these spaces include stylish and durable furniture sets but many of them also have outdoor fireplaces, rugs, and TVs. Fair warning: Get ready to be the most popular hang-out spot in town! Find budget-friendly items, ideas, and inspiration here.

Fire Pits: The popularity of fire pits, tables, and outdoor fireplaces skyrocketed during the pandemic and will remain in demand this year, and for good reason. Fire pits are a surefire way to lend a cozy, communal feel to your outdoor space. Larger pits can serve as the center of a seating area, while portable ones are perfect for small patios. In terms of the latest outdoor fireplace tech, designer Raboine has another suggestion: “An update on the classic fire pit design we see becoming more popular is the fire table. Fire tables offer a sleek, linear look, which complements the modern design trend.” Check out some of 2022’s most popular fire pit and table ideas here.

Resort Aesthetics: Who wants to transform their backyard into their own private getaway? According to Pinterest, searches for “resort aesthetic” have doubled this past year, along with several other vacation-related terms. Not sure where to find this type of aesthetic? Target, for one, is featuring this trend, showcasing items including fringed patio umbrellas, boho wicker club chairs, and funky acrylic drinkware that would be perfect for piña coladas, daiquiris and, well, anything worthy of a tiny umbrella. Up your resort aesthetic game with this Maddalena Patio Chair Set, which is giving us serious vacation vibes.

Planters: Gardening remains on the rise, and even if you don’t have a spacious backyard, it doesn’t mean that you can’t get in on the action. Many companies and brands are coming up with new ways to make use of every square inch, like these affordable Plant Traps, which allow you to hang plants on the outside of your deck or balcony.

Stonescaping: If you’re sick of sky-high water bills or live in a drought-prone area, consider switching up your lawn in favor of a gravel one, which is quickly becoming the latest and most popular landscaping trend. Hardscaping not only helps you use less water but also creates a more eco-friendly backyard. Consider using pavers and gravel patches to define areas of your outdoor space, like a space for alfresco dining or playing bocce ball. Check out these stone landscaping ideas for serious inspiration.

Father’s Day rolls around on June 19th, and what better way to honor dad than with his very own man cave? Check out our top four man cave ideas to transform any ordinary space into his favorite hideaway!

Movie Theater Man Cave: Grab the popcorn and get ready to enjoy the ultimate man cave complete with ample seating, dimmed lighting, and a massive projector for dad’s viewing pleasure. Transform your basement or one of your spare rooms into an at-home movie theater by incorporating one or more of the below pieces.

  • Movie Theater Man Cave Canvas
  • Portable Folding Projector
  • Pop Corn Maker | Pop Corn Boxes
  • Mobile Bar
  • Luxury Movie Seating
  • Home Area Rug Runner
  • Movie Night Gift Basket
  • Movie Theater Throw Pillows
  • Movie Theater Artwork
  • Wish List Item: Home Theater Upholstered Door Panel

Decorated Garage Man Cave: An unused garage is a perfect space for a custom man cave, providing a place for dad to unwind, relax, and entertain after a long day at work. You can easily transform your garage into a man cave and still set it up to be a garage again in the future. Check out this complete guide to converting your garage into the ultimate man cave escape and check out some of our favorite accessories below.

  • Man Cave Garage Sign
  • LED Neon Garage Sign
  • Man Cave Artwork
  • Little Italy Bar Cabinet
  • Limited Edition Cooler
  • TV Ceiling Mount
  • Black Futon Sofa
  • Coffee Table
  • Tool Storage Rack
  • Wish List Item: Golf Simulator

Bourbon Bar Man Cave: Want to transform your ordinary bar into a high-end home bar? The best part is that it won’t break the bank! With a few added accessories, dad can have the bourbon bar of his dreams. Fair warning: Other dads might flock here, making your home bar the most popular hang-out spot in town.

  • Whiskey Barrel Drink Coasters
  • Bourbon Bar Man Cave Sign
  • Bar Stools
  • Mounted Shot Dispenser
  • Premium Whiskey Glasses
  • Whiskey Decanter Set
  • Home Bar Lighting
  • Ice Bucket
  • Whiskey Stones Set
  • Authentic Bourbon Whiskey Barrel
  • Wish List Item: Corner Bar Cabinet

Sports/Game Room Man Cave: Themed man caves are in, and this one is clearly owned by a sports lover. Even if you have a small space, you can decorate tastefully to achieve a sports lover’s paradise. Not sure where to begin? Learn how to create the quintessential sports man cave here and check out our favorite accessories below.

  • Sports Wall Art
  • Canvas Wall Art Basketball Players
  • Mini Basketball Hoop
  • Jersey Frame Display Case
  • Sports Memorabilia Display Case
  • Ultimate Bean Bag Chairs
  • Darts Board
  • Wish List Item: Sports Billiard Pool Table

While there’s no denying that our current market favors sellers, we are starting to see a slow but steady growth in inventory that will help eager buyers as they dive into the real estate pool. According to the Sacramento Association of Realtors, the active listing inventory increased 27.8% from March of this year to April. Compared with April of 2021, inventory is up 33.4%. As for sellers, we are still seeing very competitive sales prices. The medium sales price increased 1.7% – from $556,000 to $565,500. This figure is up 15.5% from April 2021 ($489,500).
So what does this mean for buyers and sellers? While still very competitive, data suggests that a leveling market is on the horizon.

Filed Under: Real Estate News, Sacramento Lifestyle

Hello May!

May 5, 2022 by ddelihant Leave a Comment

Hello May! This month, we’re dishing out an exciting line-up of festivities, food, and fun in and around the Sacramento region. From Cinco De Mayo and Mother’s Day celebrations to special ways to honor our country’s armed forces and those who have served this Memorial Day, we’ve got you covered. We also take a closer look at the current real estate market for both buyers and sellers as well as predictions from some of the nation’s top industry experts. Read on for the full scoop!

Whether you’re a local, new in town, or just passing through, we hope that you will find something in our Sacramento events line-up that will pique your interest!
Sacramento Events:

River Cats Schedule: Click Here For May Games

Sac Republic FC Schedule: Click Here For May Matches

Concerts in the Park: Click Here For This Year’s Schedule

Spring Concert Series in Old Folsom (Every Sunday): Click Here for the Complete Schedule

Now through July 31st (Select Sundays): Waterfront Yoga in Old Sacramento

May 5th: Big Day of Giving 2022

May 5th: Food Truck Mania & Classic Cars in Old Fair Oaks

May 6th-7th: Cal Expo Job Fair

May 7th: Art, Beer & Wine Festival @ El Dorado Hills Town Centre

May 7th-8th: Berryfest Strawberry Festival in Roseville

May 6th-June 26th (Select Days): Old Sacramento Brew Boat Tours

May 7th: Sacramento River Lunch Cruise on the River City Queen

May 7th-8th: East Sac Garden Tour

May 8th: Mother’s Day Sights & Sips Cruise

May 8th: Sacramento Antique Faire

May 8th: Mother’s Day Brunch at Esther’s Park

May 8th: Crafts & Drafts @ Drakes The Barn

May 11th: Eric Church @ Golden 1

May 14th: Gold Country 5K @ El Dorado Hills Town Center

May 14th-15th: 2022 Sacramento Grilled Cheese Festival

May 14th-15th: Country in the Park @ Cal Expo

May 18th: Pearl Jam @ Golden 1

May 20th: Taste of Fair Oaks

May 21st: 2022 Brews In The Burbs @ Sunrise Mall

May 21st-June 12th (Every Saturday): Dance on the Edge of Summer

May 26th-30th: Sacramento County Fair

May 30th: Memorial Day Sights & Sips Cruise

May 30th: California Automobile Museum Memorial Day Car Show

May 30th: No Excuses Memorial Day 5k

May 30th: Memorial Day Observance in Rancho Cordova

This month’s “Good Eats” section is dedicated to our favorite Cinco De Mayo restaurants and Mother’s Day brunch spots around town. Read on for a complete list!

For the Margarita & Mexican Food Lover: Cinco De Mayo is the perfect excuse to dig into some delicious tacos and pile on the chips and guac. That’s why we’re sharing some of our favorite spots with you to try out this year!

  1. Mexquite Restauant: Located in Folsom, Mexquite Restaurant has a friendly staff, delicious Mexican food, and a festive atmosphere. Their authentic dishes have even helped them secure the award for Style Magazine’s “Favorite Mexican Restaurant” over the past 10 years. You can select from over 100 Tequilas to create your custom margarita – all of which are made with Agave Nectar and fresh-squeezed lime juice. Sip your margarita out on their beautiful outdoor patio and enjoy food and drink specials all day long with a Live DJ from 5 pm to 10 pm.
  2. Mesa Mercado: If you’re a fan of the finer things in life, like freshly muddled margaritas and authentic Mexican cuisine, then you may want to make Mesa Mercado inside the Carmichael Milagro Centre your go-to Cinco De Mayo destination. For a margarita with a little kick to it, try their “Pepino Picante”, with muddled cucumber, chili powder, fresh lime juice, 100% blue agave tequila, and mescal. For a sweeter margarita without a headache, try their “Mango” margarita, with pureed mango and chile, their secret margarita mix, freshly sliced mango, and chile spice topped at the rim. If you want some food to go with that margarita, you can’t go wrong with their marinated skirt steak or roasted pork tacos.
  3. Zócalo: Another favorite hot spot is Zócalo, an upscale restaurant and bar that serves up some delicious handcrafted margaritas, mouth-watering dishes, and a lovely dining atmosphere. We recommend kicking off your meal with their freshly prepared guacamole starter. Because why not? For entrees, try their “Baja Fish Tacos” or their popular “Carnitas” plate. Their robust drink menu features everything from classic margaritas to mojitos and Palomas. Click here to find a location near you.
  4. Centro Cocina Mexicana: With a vibrant setting in the heart of midtown Sacramento and delicious cuisine, it’s no wonder Centro has been in business for over 25 years. From salsas to masa and corn tortillas, slow-cooked meats, and hearty soups, all of their dishes are created from scratch using the freshest ingredients. Centro will be open for lunch at noon on Cinco De Mayo and specials will be available all day. They are even offering a custom menu with a range of ceviche, taco, and combination plate options. Any margarita lovers out there? Centro will be canning their Margarita a la Centro — each can is 12 ounces, which is equivalent to 2 cocktails for only $12. This special is available at their outdoor bar. Make your reservations here.

“Mother’s Day Approved” Brunch Spots: Mark your calendars because Mother’s Day is this Sunday, May 8th! And what better way to celebrate mom than with a delicious brunch in her honor? Below are our top four picks.

  1. Rancho Roble Vineyards: This Mother’s Day is the perfect opportunity to stop by Rancho Roble Vineyards, the hidden gem of Placer County. This beautiful estate will be hosting a special Mother’s Day event featuring a private tasting on Rancho’s beautiful front patio. A collection of their whites and reds will be poured. You and mom can also enjoy a mini-cheese and fruit board with this lovely tasting. This is a very special experience and has limited tasting spaces. Reserve your seats/time here. If you can’t make it Sunday, stop by on Friday May 6th for “Mom’s Night Out” featuring Bubbly, beautiful weather and a food truck to start your Mother’s Day weekend off right. Purchase your tickets here.
  2. High Hand Nursery & Cafe: Nestled in a beautiful nursery, High-Hand Café is another great spot for a lovely Mother’s Day celebration. Take a walk through their enchanting nursery beforehand, where you will find an amazing collection of plants, trees, shrubs, and perennials from top growers. When it comes to your dining experience, enjoy picture-perfect outdoor seating and a menu that reflects their passion for farm-fresh local ingredients. We recommend making a reservation in advance by calling (916) 660-0117 – extension 3.
  3. Farmhaus: Located in Granite Bay, this charming restaurant serves up fantastic dishes using only the freshest of ingredients and provides a warm and inviting atmosphere for guests. Plus, their outdoor dining area makes for a great brunch spot! Not sure what to order? While all of their dishes are raved about, we recommend trying one that includes their homemade pastrami. Parking can be an issue so try and arrive early to avoid outside crowds. Make reservations ahead of time by calling (916) 772-3276.
  4. Paragary’s in Midtown: Paragary’s is a Midtown Sacramento neighborhood bistro known for delicious seasonal cuisine in a beautiful setting. The garden-like patio is a Sacramento outdoor dining destination, featuring waterfalls, lush plantings, and decades-old olive trees. This Sunday, Paragary’s will be featuring a special Mother’s Day Brunch menu. Check out all of their brunch offerings here and be sure to make a reservation ASAP as spaces will fill up quickly. Click here to reserve your table.

In this month’s market snapshot, we turn to some of the country’s leading economists, who share their insights, predictions, and overall trends for real estate markets across the nation.

Are More Homes Coming to the Market in 2022?:

About 64% of prospective home sellers plan to list their properties by the end of August, according to a Realtor.com report. In even better news, a 43% share of those selling have expected prices below $350,000 — the range most first-time buyers target — and 22% anticipate listing between $350,000 and $500,000.

 


Jeff Tucker, senior economist at Zillow adds:

“An inventory peak in late summer or early fall is the most likely scenario, given how the market returned to normal seasonal trends in 2021. The stock of existing homes on the market is finally starting to refill, as our March data shows total inventory now rising strongly.”

 

Will Housing Inventory Ever Rebound?:

Low inventory keeps the housing market from equilibrium and has given sellers the upper hand in the past few years. However, a silver lining for buyers may sit on the horizon. For-sale housing supply averaged 1.6 million units per month in 2018 and 2019 but fell to around 1 million in 2021, according to Zillow. Based on a March survey conducted by the company, a 74% share of industry experts believe that the market will get back to those pre-pandemic inventory levels by 2024.


Danielle Hale, chief economist at Realtor.com adds:

“We’re going to start to take a step in that balanced direction this year. It’s going to take a couple of years just because the building shortfall is so big and because we still have so many young households, so there’s a lot of demand. The market will eventually get to balance, it’s just not going to happen overnight. We need to have more building. At the end of 2021, the U.S. was 5.8 million single-family homes short. It essentially means we’re five years behind when it comes to construction.”

 

What Role do Rising Interest Rates Play?:

The rise in mortgage rates works both for and against increasing inventory. Some otherwise would-be sellers could decide to stay put if they find the new interest rates to be unfavorable. Although, the higher costs to buy should lower demand and reduce the market competition.

Daryl Fairweather, chief economist at Redfin adds:

“The higher interest rates will lead to a lock-in effect for homeowners, so they may not list. And it also might reduce demand from home buyers, especially for people really sensitive to prices. But the market should slow down and that means homes will sit for-sale longer and more inventory will just accumulate because of that. Similar to previous years, we’ll see inventory probably start to grow around the third quarter.”

 

What Advice Do Economists Give to Buyers in 2022?:

Trying to buy a house right now can be challenging for many buyers because of increased interest rates coupled with a lack of inventory. However, it’s important to stay on top of your local housing market and speak with your Realtor about what changes they are seeing.

Danielle Hale, chief economist at Realtor.com adds:

“Higher costs are going to make home purchasing more challenging. Buyers are going to have to get creative, maybe look further out into the suburbs, or maybe consider less expensive metros than they might have before. Most buyers tend to try to complete their home purchases in the summer, with August as the end of that bulk moving season. So the best time for buyers is normally in the fall because sellers who list then usually are a little more willing to negotiate. But I wouldn’t necessarily put home search plans on pause. My advice is when you find a home that fits your checklist and is in your budget, put an offer in.”

Filed Under: Real Estate News, Sacramento Lifestyle

Filed Under: Real Estate News, Sacramento Lifestyle

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David Delihant

David Delihant

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(916) 284-7356
Contact David
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