Category Archives: Uncategorized

Tossing a coin to indicate the confusion of rental investment

Rental Investments: The Toss-Up

Considering property rental investments? It’s essential to understand rental investments and the difference between short-term and long-term rentals. Each option offers distinct benefits and challenges, aligning differently with your investment goals and lifestyle. Here’s a guide to help you get started.

Initial Steps for Future Investors

Financial Assessment: Assess your financial status, including assets, liabilities, and cash flow. Ensure you have a financial buffer for initial costs and unexpected expenses.

Market Research: Study market trends and local specifics to understand demand, rental rates, and occupancy trends.

Legal and Tax Implications: Understand the legal and tax aspects of rental properties. Consider consulting a real estate attorney or tax advisor.

Rental Investment Goals and Risk Tolerance: Define your goals—quick returns or long-term income? Assess your risk tolerance and management dedication.

Short-Term Rentals: Active Management and Potentially Profitable Returns

Short-term rentals, via platforms like Airbnb and VRBO, cater to travelers. This option is appealing if you’re interested in active management and higher returns.

Pros of Short-Term Rentals

Higher Income Potential: Higher returns, especially during peak seasons or events.

Market Adaptability: Ability to adjust prices with demand fluctuations.

Cons of Short-Term Rentals

Intensive Management: Requires more hands-on involvement.

Regulatory Considerations: Stay updated on local regulations.

Key Considerations of Short-Term Rentals

Location: Properties in tourist-friendly areas or near attractions have higher occupancy.

Stay Informed: Follow local laws and guidelines.

Create an Experience: A unique guest experience boosts reviews and bookings.

Long-Term Rentals: Consistent and Less Demanding

Long-term rentals, with leases of six months or more, offer a hands-off approach and consistent income.

Pros of Long-Term Rentals

Predictable Income: Regular rent payments aid financial planning.

Reduced Turnover: Less frequent tenant changes and associated costs.

Cons of Long-Term Rentals

Limited Rent Flexibility: Rent adjustments are limited by lease terms.

Long-Term Tenant Relations: Requires careful tenant selection and communication skills.

Key Considerations

Tenant Screening: Thorough screening ensures reliable tenants.

Understand the Market: Know local rental rates and tenant laws.

Property Maintenance: Plan for ongoing maintenance and occasional repairs.

The Takeaway

Balance your goals, time commitment, and market conditions to choose the right investment path. Successful real estate investing requires strategy, market understanding, and goal alignment. Contact me if you want to learn more about your options.

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St. Patrick's Day graphic

St. Patrick’s Day Fun: Paint the Town Green!

Get ready to paint the town green because St. Patrick’s Day is almost here, and the Sacramento area is gearing up for some fantastic celebrations. Whether you’ve got Irish roots or not, it’s time to embrace the Luck O’ the Irish!

Annual St. Patrick’s Day Parade & Festival at Old Sacramento Waterfront

On Saturday, March 16th, the festivities kick off at 12:00pm and last until 5:00pm, with the St. Patrick’s Day parade starting at 1:00pm. Be prepared for a day filled with live musical entertainment, outdoor beer gardens, and the chance to spot mischievous leprechauns hiding throughout the historic district. It’s an event you won’t want to miss!

St. Patrick's Day Parade

Feeling lucky? Participate in the Leprechaun Hunt! Pick up activity pages at the Sacramento Visitor’s Center or download them in advance to search for hidden leprechauns scattered throughout the district. Solve the riddles, find the leprechauns, and email the secret message by March 18th for a chance to win exciting prizes!

Learn more here.

After the festivities, why not enjoy a nice “green” hike?

Lake Natomas Crossing

Explore the Lake Natoma American River loop trail near Folsom, California, known for its scenic beauty and suitability for all skill levels. Whether you’re into fishing, hiking, or horseback riding, this trail has something for everyone.

Looking for something tasty at the end of the day?

Before you head out for Irish fun, whip up a delicious corned beef and cabbage crockpot dinner! It’s quick, easy, and sure to impress. Cheers to a memorable St. Patrick’s Day celebration in Folsom!

Check out the recipe!

Corned beef and cabbage

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new construction hammer and nail for building

New Construction Communities: Building Dreams:

There’s no doubt about it: a new construction home can be irresistible! New home communities promise modern designs, pristine finishes, and the opportunity to be the first to call a property “home.”

While the prospect of a shiny, untouched residence is undoubtedly appealing, navigating the purchase in a new construction community can be a overwhelming without a knowledgeable guide. We can help!

In our current market with low inventory, purchases in new home communities are becoming even more desirable. We recently assisted buyers in a multiple offer situation on a new construction property. Yes, even new construction homes can face competition. With our expertise, we were able to craft the winning offer.

Consider these benefits of having representation when purchasing a new home.

Understanding the Builder’s Landscape

One of the primary values we bring to the table in new construction transactions is a deep understanding of the builder’s landscape. We have established relationships with local builders, enabling us to provide insights into the reputation, craftsmanship, and reliability of various construction companies. This knowledge is crucial for buyers seeking assurance in the quality of their investment.

Negotiating the Best Deal

Contrary to popular belief, the price tag on new construction homes is not set in stone. We possess the negotiation skills required to secure the best possible deal for our clients. From negotiating purchase prices to navigating potential upgrades or incentives, we ensure that the buyer’s interests are at the forefront.

Navigating Builder Contracts

Builder contracts are complex, often filled with industry-specific jargon and terms that can be overwhelming for the buyer. We are adept at deciphering these contracts, ensuring that our clients comprehend each detail before signing on the dotted line. This not only protects buyers from unforeseen surprises but also empowers them to make informed decisions.

Guidance through the Building Process

The construction of a new home involves multiple stages, from choosing floor plans and customizations to overseeing inspections and addressing potential delays. We serve as invaluable guides throughout this process, offering expert advice, coordinating with builders, and advocating for our clients’ interests every step of the way. This guidance provides peace of mind, allowing buyers to focus on the excitement of building their dream home.

Expertise in Local Markets

Beyond the construction site, we bring extensive knowledge of local markets to the table. We can advise on neighborhood trends, future developments, and potential resale value—a critical aspect of long-term investment planning.

The Takeaway

We would love to represent you in your next new-home transaction. It’s important to contact us FIRST, before visiting builder’s model homes. Builder requirements generally require buyers to have agent representation at the first walk-through of the homes.

Give us a call today to discuss your dream home and we can review local new-build communities to find the perfect fit for you!

From navigating the complexities of builder contracts to providing expert negotiation and guidance through the construction process, we are here to help you every step of the way!

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A Photo of locks unlocking mortgage rates

Mortgage Rates: Unlock Homeownership

Affordability Improved: The Impact of Falling Mortgage Rates

Recent information from Freddie Mac brings a breath of fresh air, showcasing a significant drop in 30-year fixed mortgage rates. Rates have slipped below the 7% mark since the end of October. This positive shift brings relief for both buyers and sellers, reducing the pressures on housing affordability, as reported in a recent Bankrate article.

Unraveling the Impact

It’s vital to understand the correlation between mortgage rates and your potential monthly home payment. Even subtle changes in rates can make a substantial impact on your budget and the manageable loan amount.

Let’s illustrate this with a hypothetical scenario:

Mortgage rates chart

You Need Experts on Your Side

This journey demands the expertise of seasoned guides. As your trusted local real estate agent with deep roots in the Folsom/Sacramento Metro area, I can shepherd you through the home-buying or selling process. Additionally, the role of a reliable lender is paramount. A responsive lender is vital to a successful transaction.

The Takeaway: There is Great Opportunity for Homebuyers

Let’s seize this opportunity together. Call today to begin a discussion about your real estate goals and we can prepare a strategy that works for YOU.

Let’s talk!

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Color of the Year from HGTV!

The allure of persimmon trees is undeniable, with their leafless branches adorned by the bright fruits, creating a showstopping display that embodies the essence of natural beauty.

Every year, HGTV unveils a Color of the Year that sets the tone for design trends and inspires homeowners to infuse fresh energy into their living spaces. In 2024, the spotlight is on Persimmon – a bold and lively hue that brings warmth and a little bit of fun to your home.

The actual paint color is less intense than the flesh of a persimmon, but it maintains the lively exuberance of the fruit!

Persimmon from Sherwin-Williams

How To Use Persimmon in Your Home

Here’s a guide on how to embrace the lively charm of Persimmon throughout your living spaces. Let’s start right at the front door.

Create an Inviting Entrance: A Persimmon-colored front door not only adds curb appeal but also says, “Welcome.” Pair it with neutral exterior tones to let the vibrant shade shine.

Accent Walls for Drama: If you’re hesitant to go all-in with Persimmon, consider creating an accent wall. This powerful color can transform a room instantly. Choose a wall that draws attention, such as the one behind your bed or an entry wall.

Persimmon Pops in Furniture: Persimmon-colored furniture adds a great touch. A bold sofa, accent chairs, or even a statement coffee table can add a playful touch to the space.

The color persimmon on an accent wall

Energize the Kitchen: Incorporate Persimmon into the heart of your home – the kitchen. This could be through bar stools, kitchen towels or even small appliances. The vibrancy of Persimmon pairs exceptionally well with modern or white kitchen settings.

The color persimmon on throw pillows and blankets

Lively Accents: For a more subtle approach, infuse Persimmon through accessories. Throw pillows, rugs, and wall art in this lively hue can breathe life into a neutral space. It’s an ideal way to experiment without committing to a larger color scheme. Give it a try in the entryway or powder room.

The color persimmon on a lamp

Persimmon in the Bedroom: Create a cozy and energizing atmosphere in your bedroom with Persimmon-colored bedding, throws, or curtains. This warm shade adds a touch of romance and sophistication to the space.

Outdoor Oasis: Extend the lively vibes to your outdoor spaces. Persimmon-colored patio furniture, cushions, or even an umbrella can transform your backyard into a vibrant retreat for relaxation and entertaining.

The Takeaway

Embracing HGTV’s Color of the Year, Persimmon, is all about injecting vibrancy and joy into your living spaces. Whether you choose to go big with accent walls or opt for smaller, curated touches, this lively hue is sure to infuse your home with warmth and personality.

Experiment, have fun, and let Persimmon be the star of your design journey in 2024.

Check out HGTV’s 2024 Dream Home, and see how their designers highlight this beautiful color!

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Person Peeking around a door

Buyer Demand Holds Strong: A Peek Into the Market

With mortgage rate fluctuations, concerns about the real estate market surfaced. However, a closer look at the data reveals that buyer demand remains robust. While the market may not mirror the frenzy of the COVID ‘unicorn’ years, sellers still find opportunities in the current landscape.

Let’s take a closer look.

Showing Traffic Is Up

The ShowingTime Showing Index serves as a key indicator of buyer demand, showcasing an increase in home tours. Elevated showing traffic is not the sole testament to strong buyer demand. Additional factors like the number of offers sellers receive and the average days homes spend on the market further support this narrative.

Some Sellers Are Still Seeing Multiple Offers

Recent data from the National Association of Realtors (NAR) indicates that sellers are, on average, receiving 2.5 offers on their homes. This suggests that the market remains competitive, with eager buyers making their presence known. While homes are spending slightly more time on the market than during the ‘unicorn’ years, they continue to sell faster compared to the last “normal years” in the market.

The Takeaway

The current real estate landscape provides sellers with a favorable environment. Potential multiple offers, coupled with a faster sales pace, demonstrate that buyer demand is alive and well. If you’re considering selling your home, now is a great time to explore opportunities. To navigate the process effectively, it’s important to give us a call to get updated information on your home and neighborhood. It’s our specialty!

Request your market analysis today!

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1162 San Ignacio Way, Sacramento: Good Things Come in Small Packages

Welcome to 1162 San Ignacio Way, where size meets space in the most delightful way. Both cozy and surprisingly roomy, this cutie embodies the concept of “Good things come in small packages.” With high ceilings throughout and an abundance of windows, this little gem transforms every inch into a bright, airy space.


Inside, the kitchen isn’t just for cooking; it’s a place for gatherings. With plenty of room for a dining set, it’s the heart of the home! The living area, awash in natural light, and a versatile office or a second bedroom, adapts to your needs.


The primary bedroom beckons with a connection to the patio – a seamless blend of indoor and outdoor living. Step outside, and you’ll find the perfect spot for relaxing, grilling or dining.


Both the front and back landscaping embrace the concept of low-maintenance beauty, featuring beautiful grass. In 2021, the interior underwent a complete renovation, infusing new life into every corner. Fresh paint adds the finishing touch, enhancing the home’s charm.


At 1162 San Ignacio Way, it’s not just about living; it’s about embracing life to the fullest. Welcome home to a place where size is only a number!

Contact Katie Kreps today for more information. 916.217.2252

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Dreaming of Summer

Are you dreaming of summer? Well, the summer solstice has arrived. Did you know that “solstice” actually means “sun standing still” in Latin? Yes, on the summer solstice, the sun seems to take a break and hang out in the sky, urging us to enjoy summer fun.

But here’s an interesting fact: even though it’s the longest day of the year in the Northern Hemisphere, it’s not necessarily the hottest. The real heatwave usually hits a few weeks later, so don’t put away those fans just yet!

But enough about science, let’s enjoy summer’s outdoor bounty here in Folsom.

Folsom’s Bike Trails (Pedestrians enjoy them too!)

Folsom is home to more than 50+ miles of Class I bike and pedestrian trails for biking and hiking. For the safety of cyclists and pedestrians, please use trail safety guidelines.

Humbug-Willow Creek Trail. Folsom’s trails are mainly located in this section of the trail system located along the Humbug Creek and Willow Creek corridor.

Folsom Rail Trail along Folsom Boulevard. Folsom Lake Trail with connections to the Johnny Cash Trail and the American River Trail.

Oak Parkway Trail between Blue Ravine Road and E. Natoma Street.

Kayak Folsom Lake

Folsom Lake provides some of the best paddling experiences imaginable throughout its 75 shoreline miles. You’ll find sandy beaches and an endless supply of secluded coves, with water so clear you can see to the bottom.

While you’re dreaming of summer, get out there and enjoy the sunshine!

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Real Estate Unicorn: Real or Imagined?

The real estate market can be a tricky place for buyers in search of a dream home. There are so many factors to consider, and it can be easy to get caught up in the excitement of the search for perfection—the perfect brick façade, the perfect floor plan, the perfect lot, the perfect location, the perfect price. But it’s important to remember that there is no such thing as a perfect property. We call the concept of a perfect property a “Real Estate Unicorn” because it simply doesn’t exist!

Here are a few things to keep in mind when you’re house hunting:

  1. Set realistic expectations. It’s great to have a dream home in mind, but it’s important to be realistic about what you can afford. Don’t get discouraged if you can’t find a home that checks every single box on your list.
  2. Be flexible. You may have to be willing to compromise on some things, such as location, size, or price. Be open to different possibilities and don’t be afraid to think outside the box.
  3. Don’t be afraid to negotiate. The asking price is just a starting point.
  4. Do your research. Before you make an offer, be sure to do your research on the property and the neighborhood. This will help you make an informed decision and avoid any surprises down the road.
  5. Get help from a trusted real estate professional. My job is to help you find the right property and negotiate the best price and terms.

The real estate unicorn is a myth. Don’t waste your time looking for it. Instead, focus on finding a home that’s right for you. You can create your own Real Estate Unicorn!

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The “Why” Comes to Life!

Recently, I found myself drawn to the “Testimonials” page on our website, where clients have shared their experiences working with the Melville Group. As certain words or phrases were repeated in the reviews, a pattern began to emerge.

In creating a Word Cloud featuring these words and phrases, I was delighted to zero-in on the most valuable traits of my team! Words like “amazing, great communication and hard-working” mean so much more when they come from our clients.

We Appreciate Our Clients

We are thankful for the incredible clients we have had the privilege of serving. We help clients during important milestone moments of their lives. We are humbled by their trust in us during pivotal times in their lives.

For example, we have assisted individuals in achieving significant milestones in their real estate endeavors. We have guided first-time homebuyers on the path to homeownership, and supported newly married couples. Our team also been there for those facing the loss of a spouse or partner. Additionally, we have helped individuals navigate the changes that come with caring for aging parents and have supported those seeking to simplify their lives by downsizing. Moreover, we have had the privilege of partnering with investors seeking financial opportunities and growth.

In each of these unique scenarios, the Melville Group’s “WHY” becomes increasingly clear and profound. The core of our motivation has always been and will continue to be a deep passion for meeting the needs of our clients.

What Does “The Why” Mean For the Future?

As I eagerly anticipate further opportunities to serve and make a positive impact on the lives of those we have the privilege to assist. Questions? Call anytime!

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