The Sacramento real estate market continues to make a splash with historically low inventory, high competition, and rising prices. While there’s no denying that our current market favors sellers, this month’s newsletter highlights some ways that buyers can prepare before diving into the real estate pool. We also take a look at data that supports a wave of growing inventory within the next year.

Whether you are planning on buying, selling or both, you may find yourself competing with countless others in this red hot market. However, taking care of the items listed below can help you get the edge you need and ensure smooth sailing ahead.

Patience is key: Let’s face the facts…it’s a tough market for buyers in most price points right now. Some buyers are being rushed to make decisions, which can quickly lead to remorse over paying too much for a home. So our advice? Take your time, be patient, and keep logic in mind when submitting offers. It’s also important not to become over-invested in one home because of the bidding wars taking place in this overheated market. This doesn’t mean you should stop looking however – persistency and patience is key. Be ready to check out available homes as soon as they hit the market and act quickly once you come across the right home.

Find the right real estate agent: This brings us to our next point. Whether this is your first or fifth home purchase, it’s still wise to enlist the help of a buyer’s agent. After all, it doesn’t cost you anything out of pocket, and a good agent will help you by sharing their inside knowledge not only of the neighborhood, but also help establish what’s a good value in your price range. Plus, they’ll arrange showings on your behalf and they may also be able to alert you to red flags you’d otherwise miss while touring properties.

Clean up your credit: Your credit score not only impacts your ability to secure a mortgage at all, but it will also determine the interest rate you’ll pay. If you’re worried about your credit score, start working toward raising it by paying all your bills on time and making sure your balances are low. Check your credit report by contacting the three credit bureaus: Experian, Equifax and TransUnion. You’re entitled to a free report from each agency once per year. If you spot an error, having the report amended will boost your score. Pro tip: Speak to an experienced mortgage professional. Sometimes they can advise you on what (and what not) to pay down or off, in order to improve your credit score.

Save for a down payment (and then some!): Being able to put 20% of the purchase price down at your closing isn’t necessary, but it could increase your chance of your offer being accepted. In today’s market, sellers are often looking for the most money down possible. Increasing your down payment could also help you in terms of better rates and overall monthly payments. It can also help you avoid paying for private mortgage insurance (PMI). Last but not least, it’s wise to save for emergencies because once you’re in your new home you never know what may suddenly need repair.

Get pre-approved for a mortgage: Getting pre-approved lets sellers know you’re the real deal. And, it lets you know what you can afford, so you can focus on the right price points and choose the perfect home to go after with confidence. Rather than just getting pre-qualified, which is more like an estimate of what you can borrow, a pre-approval means the loan is much more likely to get through underwriting once you get a home under contract because the lender has already assessed your credit, income, debts, and assets. Plus, if you find yourself competing for a property, being able to tell a seller you’re pre-approved will give you the advantage you need against others who are not. Finding a lender that has the shortest close time is another advantage in today’s hot market. Our preferred lender, Summit Funding is coming out with a 15-day close guaranteed. Contact Summit Funding Senior Loan Officer Chris Stahl at 916.768.8000 to begin the pre-approval process.

Do your due diligence: Think you’ve found an area you like? Check out neighborhoods at different times of day, and be sure to notice traffic patterns. For example, is the home you like on a street that drivers use to dodge traffic on main streets? Will you encounter school drop-off or pick-up congestion that will make getting in or out of your driveway a hassle? Consider all these factors and anything else that may appeal to you, or bother you personally, as you’re driving past potential homes.

While lack of inventory and high competition has made for a challenging market for buyers, get ready, because it looks like things are about to get at least slightly better for people searching for a home. According to data outlined in a recent realtor.com article, about 10 percent of homeowners plan to list their home this year—with another 16 percent planning to list in the next 24 to 36 months. That translates to an additional 1.5 million homes hitting the market—which, while not enough to completely end the historic inventory shortage, is certainly a solid start.

Options for first-time buyers should also improve. More than half of the buyers planning to list their homes this year (58 percent) have homes valued at $350,000 or less—which means more affordable options should be hitting the market soon.

As we take a closer at the Sacramento housing market, we are also seeing a slight increase in active listing inventory according to the Sacramento Association of Realtors – an increase of 9.4 percent from February to Marchand another increase of 9.6 percent from March to April to be exact. While still very competitive, experts suggest that a leveling market is on the horizon.

We are proud supporters of The Sacramento SPCA and we are committed to helping animals find their forever homes. That’s why Diez & Sigg Properties is a returning sponsor for this year’s Doggy Dash Event. This year’s event will once again be a virtual experience. However, just because we won’t be walking side by side, doesn’t mean we can’t still walk together to save more lives!

On June 5th, walk around your neighborhood with your pup, hit a local park or trail, or get creative at home with your pooch. The Sacramento SPCA will be kicking off the walk LIVE on Facebook and you will be able to share your photos, videos and participate in activities throughout the day. You will still see some of their famous Bark in the Park games and contests to participate in right at home! They will be tracking all the fun using the hashtag: #SSPCADASH2021

Ways you Can Contribute: If you would like to contribute to this cause, you can do so by purchasing a Doggy Dash T-shirt as a part of our “pack”. Click here to purchase your shirt. You can also make a donation here.

Enter our raffle to receive a FREE Pet Gift Basket (valued at over $100!)

While Saint Patrick’s Day is typically synonymous with parades, festive food and drinks, and large gatherings with friends and family, this year it looks like a quiet holiday at home is on the agenda. Staying in might not be what you had planned, but lucky for us, there are still plenty of ways to safely celebrate St. Paddy’s Day at home. From creative recipes and drinks to fun crafts for the whole family, we’ve got you covered. Check out some of the below ideas for inspiration!

Whether you’re relaxing at home alone, celebrating with that special someone, or trying to keep the kiddos entertained, everyone needs to eat. So why not make a festive meal at home? We’ve got you covered with St. Patrick’s Day-inspired dishes that will be sure to impress your St. Paddy’s Day crew.

Bring on the Appetizers: Looking for some tasty appetizers to go with that green pint of Guinness? Check out these mouth-watering dips, bites, and sliders.

1. Corned Beef and Cabbage Sliders: This ridiculously easy app is taken to the next level with Guinness-braised cabbage.
2. Hot Reuben Dip: This cheesy spread might be better than the actual sandwich….Learn how to make it here.
3. Pretzel Dog Beer Cheese Dip: With beer cheese, and homemade pretzels, what’s not to love? Click here to make this crowd-pleasing app.
4. Arugula Pesto: The striking green shade from the pesto makes this flavorful spread a great appetizer for the occasion!
5. Irish Nachos: Think nachos but with an Irish twist…This recipe calls for a heaping pile of potato chips, slathered in beer cheese, and topped off with crunchy bacon and fresh chives.
6. Zucchini Tots: Shredded zucchini makes this dish healthy yet delicious! Try making them in an air fryer for added crunch.
7. Bacon-Wrapped Cabbage Wedges: When in doubt, add bacon. Learn how to make these bacon-wrapped cabbage wedges here.
8. Irish Pub Cheese Recipe: This creamy cheese dish is loaded with Irish cheddar and pairs well with pretzels or pita chips.
9. Saint Paddy’s Dill Dip: Serve this delicious dip with raw vegetables or crackers of your choice.

What’s For Dinner?: These Irish-inspired dishes will take your Saint Patrick’s Day celebration to the next level.

1. Guinness Burgers: These Guinness burgers with Irish cheddar and crisp bacon are a sure crowd-pleaser. Pair with Irish chips for a complete meal.
2. Colcannon: This staple dish is a mixture of shredded cabbage, creamy mashed potatoes, and garlic.
3. Irish Stew: This comfort dish features tender lamb, hearty carrots, and potatoes topped off with herb butter.
4. Soda Bread: Soda bread anyone? Learn how to make this quintessential Irish side here.
5. Irish Seafood Chowder: This hearty chowder is a delicious combination of smoked and fresh fish in a light creamy broth.
6. Corned Beef in Beer (Crockpot): Let your crockpot do the work by trying out this tasty Corned Beef in Beer recipe.
7. Boxty: Similar to latke, Irish boxty is a potato pancake that is prepared by mixing grated potatoes into mashed potatoes before frying like a patty.
8. Irish Cabbage and Bacon: There’s nothing boring about this cabbage dish, which is loaded with bacon, onions, chicken broth, and mustard seeds.
9. Irish Shephard’s Pie: This layered casserole dish combines ground beef or lamb with buttery mashed potatoes.
10. Irish Pan Haggerty Potatoes: This dish is loaded with sliced potatoes, bacon, onions, and lots of cheese. Check out the recipe here.

Mix up a Green Drink: Get the party started with these holiday-inspired beers, mixed drinks, and mocktails!

1. Green Beer: It wouldn’t be Saint Patrick’s Day without green beer. With just a couple drops of green dye, you can make your own. Get the recipe here.
2. Gaelic Grasshopper: This decadent Irish-cream-infused cocktail is both gorgeous and packed with flavor!
3. Irish Coffee: Any coffee lovers out there? Celebrate the occasion (and get your coffee fix) with this Spiked Irish Coffee.
4. Lucky Charms Shots: Try out these “magically delicious” shots with Bailey’s Irish Cream and Lucky Charms!
5. Shamrock Sour Cocktail: Whiskey sour gets a festive makeover by going green. Learn how to make this cocktail here.
6. Jameson Jello Shots: Saint Patrick’s Day isn’t complete without jello shots! Try making these Jameson Jello Shots.
7. Fuzzy Leprechaun: This fruity cocktail is made with peach schnapps, blue Curacao, and vodka.
8. Lime Sherbert St. Patty’s Day Punch (Non-Alcoholic): This delicious lime sherbert drink packs a punch! Learn how to make it here.
9. Irish Car Bombs: End the night with a holiday favorite….the classic Irish Car Bomb!

Make a Festive Dessert: Don’t forget the dessert! Consider making one of these decadent treats to celebrate the occasion.

1. Mint Chocolate Pudding Cookies: These mint chocolate pudding cookiesare the perfect way to end your meal. Pair with mint chocolate chip ice cream for the ultimate treat.
2. Saint Patrick’s Day Chocolate Covered Oreos: Up your Oreo game with these chocolate-dipped Oreos topped with sprinkles.
3. Irish Chocolate Pots de Creme: Not only is this dessert gorgeous but it’s also “melt in your mouth” amazing… Add two tablespoons of Baileys for that Irish touch.
4. Irish Blackberry Fool: Sweet lightly stewed berries and vanilla whipped cream and yogurt come together to create this delicious dessert.
5. Pot O’ Gold Cups: These little brownies prove that you don’t have to go to the end of the rainbow to find the perfect St. Paddy’s Day dessert.
6. Lucky Charm Eclaires: This recipe swaps your standard chocolate fair for a citrus filling topped with Lucky Charms.
7. Green Velvet Pops: Forget red velvet — green velvet will be your new favorite rich (and seasonally appropriate) flavor.
8. Shamrock Shake Cupcakes: This minty cake topped with a fluffy whipped cream mousse is what dreams are made of! Get the full recipe here.
9. Chocolate Guinness Cake: This silky, smooth chocolate cake has hints of Guinness and is topped with a rich cream cheese frosting…need we say more?
10. Irish Trifle: This fruit-filled treat is layered with ladyfingers, jello, jam, and fresh whipped cream.

Get Crafty: If you’re home with the kids due to school cancellations, set up a fun craft they can do on their own.

1. Leprechaun Traps: As seen on Instagram, Leprechaun traps are one of this year’s biggest holiday trends. And most of the designs can be made with materials that you can find around the house. Check out these 6 DIY Leprechaun Traps.
2. Pot of Gold Mason Jar: Create these adorable Mason Jars filled with chocolate coins and gift them to remind your loved ones that they make you feel lucky each day.
3. Paper Shamrock Wreath: All you need is some scrap paper to create this cute shamrock wreath.
4. DIY Tee: Working from home? You can still be festive and wear your green with this adorable Kiss Me I’m Irish shirt.
5. St. Patrick’s Day Pencil Toppers: Make homework a little more fun with these DIY Pencil Toppers.
6. Shamrock Coloring Printable: Coloring books are all the rage – and this shamrock printable is no exception. This activity is perfect for both kids and adults.
7. Fruit Loop Rainbow: This simple rainbow craft is a great way to keep your little ones entertained all afternoon.

As we transitioned into the new year, low mortgage rates and low inventory drove up real estate prices in markets across the country.

But exactly how much did home values increase at the start of 2021? According to Realtor.com, in February 2021 the median list price of homes in Sacramento was $399,500 – trending up 12.5% year-over-year. That means if you purchased a home for $350,000 in February 2020, by February 2021, that home would have increased in value by $43,750, bringing your home’s value to $393,750.

Demand for homes is high and inventory is low, which is driving up home prices—so if you’ve been thinking about selling, now is a great time to list and fetch top dollar for your home.