Tag Archives: Rancho Cordova homes for sale

3905 Hills Ct: Charming Townhome in El Dorado Hills

Charming Townhome Living in El Dorado Hills: 3905 Hills Ct

Welcome to 3905 Hills Ct, a delightful 2-bedroom, 2-bath townhome offering comfort and style in the heart of El Dorado Hills. With 1,122 square feet of well-designed living space, this home is perfect for those seeking a peaceful retreat with modern updates and thoughtful accessibility.

Step Inside

As you step inside 3905 Hills Ct, you’re greeted by a spacious open floor plan that seamlessly connects the updated kitchen to the great room. The kitchen features sleek white quartz countertops, offering both elegance and practicality. Large picture windows flood the space with natural light, creating an airy atmosphere complemented by beautiful laminate flooring throughout.

The primary suite is a true highlight, offering two generous closets and a convenient stall shower. The entire home has been thoughtfully designed to be barrier-free and wheelchair accessible, ensuring ease of living for everyone.

Outdoor Living

Step outside into the private, fenced backyard—an oasis of tranquility perfect for relaxing or entertaining. With garden beds ready for your favorite plants and a cozy patio for outdoor dining, this space invites you to enjoy El Dorado Hills’ beautiful weather year-round.

Location

Located near Hwy 50, this townhome provides easy access to local restaurants, shopping, entertainment, and everything El Dorado Hills has to offer. Whether you’re a first-time buyer, downsizing, or looking for a low-maintenance lifestyle, 3905 Hills Ct is ready to welcome you home.

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HomeBuyers: It May Be the Perfect Time to Buy!

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Folsom & Sacramento HomeBuyers: It May Be the Perfect Time to Buy!

If you’ve been sitting on the sidelines, it may be the right moment to jump into the Folsom/Sacramento housing market. A shift is underway, and mortgage rates have dropped to their lowest level in 19 months, offering homebuyers an incredible opportunity to make their move.

The Best Time to Buy a Home Is Right Around the Corner

Experts at Realtor.com have identified the week of Sept. 29–Oct. 5 as the best time to buy a home in 2024. During this week, the market typically offers the perfect balance of high inventory, lower prices, and reduced competition from other homebuyers. This may be your sweet spot for getting a great deal on a home.

Mortgage Rates Hit a 19-Month Low

Recent drops in mortgage rates are making homes more affordable than they’ve been in nearly two years. Rates falling below 6.5% made August the most affordable month for housing since February.

Lower rates boost your purchasing power, allowing you to get more home for your money or lower your monthly payments.

More Homes on the Market Means More Choices for Buyers

With a 35% increase nationally in homes for sale compared to last year, you’ll have more options than ever before. Ralph McLaughlin at Realtor.com explains:

“The number of homes actively for sale continues to be elevated compared with last year and now sits at the highest since May 2020.”

This gives homebuyers more negotiating power, as sellers are motivated to move their properties in a slower market.

Ready to Make a Move? Let’s Get Started

With rates low and more homes on the market, this is the ideal time to make your move in Folsom. Let’s connect today and get started on finding your perfect home! Call Margaret today.

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Elections and the Housing Market

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Insights from the Melville Group, Your Trusted Folsom Real Estate Advisors

With election season upon us, it’s natural to wonder how political events might influence the housing market, especially if you’re planning to buy or sell a home. While the impact of elections and the housing market is typically subtle, understanding the trends can give you an edge in making informed decisions. Here’s what to expect during an election year:

The November Pause

It’s not unusual for home sales to dip slightly in November during election years. This temporary slowdown often happens as buyers and sellers hold off on making big decisions amid political uncertainty. The good news? This pause is usually short-lived. Once the election results are in and the initial uncertainty clears, market activity tends to rebound by December.

Post-Election Price Boost

After the dust settles, there’s often a noticeable uptick in home prices the following year. This trend suggests that market confidence is restored post-election, making it an advantageous time for homeowners looking to sell. If you’re considering putting your home on the market, this could be the perfect moment to capitalize on rising values.

Mortgage Rates May Ease

One of the more favorable trends for buyers is that mortgage rates often decline from July through November during election years. This drop can make home buying more affordable, presenting a prime opportunity to lock in a lower interest rate and potentially save thousands over the life of your mortgage.

The Big Picture

While elections may introduce minor fluctuations, the overall impact of elections on the housing market is typically minimal and short-term. The market remains robust, offering plenty of opportunities for buyers and sellers alike, especially in thriving areas like Folsom.

Elections and the Housing Market: The Takeaway

Whether you’re looking to take advantage of current market conditions or simply need expert advice, the Melville Group is here to help. Reach out to us today and let us guide you through your next real estate move with confidence.

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Women’s Council of Realtors: Shine Your Light

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Women’s Council of Realtors

The Melville Group is thrilled to announce that Margaret and Katie have joined the Women’s Council of Realtors, Gold Country Council!

Shine Your Light

The council’s theme for this year is all about encouraging the need to “Shine Your Light.” It’s a theme that resonates deeply with the council’s mission to ensure every voice in the network is not just heard but celebrated. The Council believes in creating an environment where everyone feels safe, valued, and included.

Margaret’s own mantra perfectly encapsulates the mission: “I’m a real estate Broker, Leader, and Influencer for good. I support real estate agents and high-achieving women in building a life and business they love…through real estate.”

Collaboration and Growth

In the Council, members are not just aiming to meet industry standards; they are setting new benchmarks for excellence in real estate. This year, the focus is on being inclusive, fostering collaboration, and helping each other become the best Realtors possible.

The Women’s Council of Realtors is more than just a professional organization; it’s a growth laboratory for leaders in the industry. They provide a safe space for members to learn transferable skills for their businesses and develop themselves as leaders in their communities. As the premier leadership organization for REALTORS®, the Women’s Council of Realtors is known throughout the industry as the place to find the best and the brightest.

Ready to Learn More?

Learn more about the Women’s Council of Realtors here, and check out Margaret and Katie’s profiles to learn more about them.

The Takeaway

Margaret and Katie are excited to achieve new heights in their careers and communities. They will let their lights shine and make 2024 a year of growth, inclusion, and excellence!

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A Marketing Strategy: 3843 Park Drive

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Our recent success with the sale of 3843 Park Drive in El Dorado Hills is a great example of a successful marketing strategy. We received two offers in just eight days and the home is now pending! Let’s take a look at some of the tactics we use to market a home effectively to attract serious buyers.

Let’s Take a Look at Our Marketing Strategy

Utilizing Social Media

Social media platforms are invaluable tools for reaching potential buyers. By targeting specific demographics, we can ensure your listing reaches those most likely to be interested. We use Facebook and Instagram to create engaging posts, and stories to create buzz around your property. We also post blogs on LinkedIn and Google to give your listing maximum exposure.

Creating an SEO-Optimized Website

An optimized website is crucial for attracting organic traffic. We highlight your listing with a blog including comprehensive descriptions, and professional photographs. Our marketing strategy includes relevant keywords such as “El Dorado Home for Sale” to improve your search engine rankings.

High-Quality Visuals

We invest in professional photography and videography to create an appealing visual presentation. Staging your home when applicable and using drone footage can provide a comprehensive view, making a strong first impression on potential buyers.

Database Engagement

A well-maintained database is a powerful asset. We share your listing with former clients and fellow agents to generate immediate interest. This approach can lead to multiple offers and a quicker sale.

Collaborating with Local Agents

We engage local agents who have a proven track record in the area. Their market knowledge and network of potential buyers can significantly enhance your marketing efforts. By following these strategies, we can effectively market your home and achieve a successful sale in today’s competitive market. Contact us to learn more about how we can assist you.

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600 Prospect Ave in Oakland: Discover the Charm

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600 Prospect Ave: Stunning Mediterranean Revival

600 Prospect Ave, exterior — 600 Prospect Ave, Oakland: Grand and Enchanting

Welcome to 600 Prospect Ave, a stunning Mediterranean Revival masterpiece listed by Margaret Melville of the Melville Group. This iconic home, built in 1924, is on the market for the first time in 50 years, offering a rare opportunity to own a piece of Oakland’s rich history. Located within walking distance Lake Merritt, this grand residence beautifully combines historic charm with modern potential.

600 Prospect Ave: Historic Elegance and Modern Potential

Step inside and be captivated by the original architectural details that adorn this magnificent home. The hardwood floors and oversized arched windows flood the interior with natural light, offering AMAZING VIEWS at every turn. The main floor features generously sized rooms and a charming fireplace, creating a warm and inviting atmosphere. While the kitchen and bathrooms await your personal touch to bring them up to modern standards, the potential to transform these spaces is endless.

Flexible Living Spaces

The first floor includes flexible space with outside access, featuring one bedroom, a full bath, and a laundry room. This area has great potential to be converted into an ADU (Accessory Dwelling Unit), subject to city approval. Additionally, the flat space over the two-car garage offers potential for future development, providing even more possibilities.

Freshly Painted and Ready for Your Vision

Both the interior and exterior have been freshly painted, creating a clean canvas for your vision. The beautiful garden, adorned with mature fruit trees, provides a tranquil retreat and enhances the home’s charm.

A Rare Opportunity in a Desirable Neighborhood

Don’t miss out on this rare opportunity to own a piece of architectural history in one of Oakland’s most desirable neighborhoods. Embrace the charm of this Mediterranean Revival home, envision the updates that will make it uniquely yours, and create lasting memories in this iconic residence.

Contact Us

Ready to explore 600 Prospect Ave and make this historic gem your own? Contact Margaret Melville of the Melville Group today to schedule a private showing. Embrace the charm and imagine the possibilities.

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Folsom Summer Events: Don’t Miss Out!

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Folsom Summer Events

In additional to the lake, trails, shopping and great parks, Folsom offers a variety of activities this summer, with events that cater to diverse interests and celebrate cultural heritage. Here are two notable events you won’t want to miss:

Juneteenth Festival

Location: Black Miners Bar, Park Rd., Folsom, CA 95630
Date & Time: June 22, 2024, from 10:00 AM PDT to 8:00 PM PDT
Description:
The Juneteenth Festival celebrates African American freedom and the triumph of the human spirit over oppression. It’s a day to reflect on past trials, celebrate progress, and renew commitment to a just society.
Festivities include:
- BMB Concert featuring Grammy Award-Winning R&B Group, Club Nouveau
- Kid’s Zone
- Petting Zoo

Shopping
- Mouthwatering Cuisine
- Dancing
- Horseback Riding
- And much more!

Learn more about this event here.

Twilight Concert Series

Location: Historic Folsom Amphitheater, 200 Wool St, Folsom, CA 95630
Date & Time: June 27, 2024, from 7:30 PM PDT to 9:30 PM PDT
Description:
Enjoy an evening of music under the stars at the Zittel Family Amphitheater. Bring low-backed chairs or picnic blankets and a light jacket for after dark.

2024 Concert Lineup:

June 6: Adam Aldama & The Aces
June 13: Cynthia Renee Band
June 20: Tom Rigney and Flambeau
June 27: Sugar High
July 4: No Concert
July 11: Ariel Jean Band
July 18: AKA Band
July 25: The Aaron Gayden Band
Aug 1: Dunsbar Road
Aug 8: Hipper Than Hip
Aug 15: Lando Collective
Aug 22: Death & Taxes Swing Band
Aug 29: Plaid City
Sep 5: Island of Black & White

For more details, click here.

Join the Fun!

Whether you’re interested in celebrating cultural heritage or enjoying live music, Folsom has something for everyone this summer. Don’t miss out on these fantastic Folsom summer events!

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Coming Soon: Your Perfect Home Awaits

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Coming soon! Here at the Melville Group, we’re excited to announce that we are busy preparing some wonderful homes for the market! Enjoy a sneak peek at what’s coming soon—perhaps your dream home is on the list. If you’d like to know more about any of these properties or if you’re interested in starting a home search of your own or selling your current residence, reach out today. Let’s get started on making your real estate dreams a reality.

These Great Properties are Coming Soon!

Sacramento

4Bed/2 bath/1,874SF

This 1,874 sq ft home features 4 bedrooms and 2 bathrooms. Enjoy energy efficiency with paid solar, new AC blower, and a 2-year-old roof. The large living room is highlighted by a cozy fireplace, ample space in kitchen, and original hardwood floors in main living areas. The primary bedroom has access to the backyard and

El Dorado Hills

2 Bed | 2 bath | 1,610 SF

Luxurious Retreat in Versante 55+ Community El Dorado Hills. Elevate your living experience with recent upgrades from plumbing to new flooring, complemented by a modern chef’s kitchen. Front office and a guest room with walk-in closet add versatility and comfort. Welcome home to your dream retreat!

Oakland

4Beds/3Baths/2,526 SF

Nestled in a desirable Oakland neighborhood, this charming home is within walking distance to the picturesque Lake Merritt. Boasting a spacious layout, it features a large living room and family room, both adorned with elegant hardwood floors and a cozy fireplace. The property includes a two-car garage with a large flat area above, offering potential for a second floor or ADU addition, subject to city approval.

The beautifully landscaped front and back gardens are a delight, filled with vibrant flowers and fruit trees, creating a serene outdoor oasis. Convenience is key with an in-house laundry facility. This home combines comfort, style, and potential, making it the perfect canvas for your dreams.

Camino

3-5 bed | 3.5 bath | 3,892 SF

Welcome to your dream oasis! This home on 6.4 acres offers 3,892 sq. ft., with 3 bedrooms plus 2 extra rooms (possible bedrooms) and 3.5 baths. Enjoy high ceilings, an open-concept great room, and a sleek contemporary kitchen with main floor primary bedroom and bath. Built in 2003, this well-maintained home features a new water heater, newer exterior paint, and a serviced HVAC system. Additionally, an approximate 1,000 sq. ft. cottage offers 3 beds and 2 baths, perfect for rental income or guests. All this is in Sierra Nevada Foothills, of Apple Hill/Camino with year-round attractions and fun and 1 hour from Lake Tahoe. Don’t miss out on this versatile property!

The Takeaway

We are committed to providing the highest level of service to our clients. Whether you are considering buying, selling or both, we are here to support you every step of the way.

Click here to learn more about your home’s value in today’s market!

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APB Networkers is Celebrating!

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APB Networkers is celebrating their 20^th Anniversary! As APB Networkers celebrate this milestone, it’s a perfect time to reflect on this remarkable organization and why they are such a driving force in our community.

Wait … What exactly is APB Networkers?

APB Networkers is a networking organization focusing on building relationships, and providing referrals, and business support. At APB Networkers, we’re not just a group—we’re a team. We thrive on the concept of collective support and empowerment. We believe in fostering an environment where everyone’s expertise and offerings are valued and promoted.

Here’s What We Do:

Host weekly networking meetings
Build relationships through team building activities
Exchange qualified referrals with group members
Help build each other’s businesses through seminars and events
Host events in the community to help grow and support each of our businesses

What truly distinguishes APB Networkers is our unwavering focus on the growth and development of our members’ businesses. Our success is measured not by the size of our organization, but by the achievements of each individual member.

Margaret Melville is the current Vice President, former President and Board Member, and a longstanding member since 2010. Margaret is a great example of this growth, development and dedication and has held various leadership positions.

Is Your Business a Good Fit for APB Networkers?

Joining APB Networkers means becoming part of a dynamic team of forward-thinking individuals dedicated to mutual success. To learn more about the process and to see if your business might be a good fit, check out the website here.

Together, we’re building a brighter future for ourselves and our community, one business referral at a time. It’s more than networking—it’s a journey of growth, collaboration, and shared success.

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Mortgage Rates: Charting a Course

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Understanding the dynamics behind mortgage rates is key to navigating the real estate market. It’s been a bit of a rollercoaster lately, so let’s break it down.

Economic Factors Influencing Mortgage Rates

Mortgage rates are impacted by various economic factors. The job market, inflation rate, consumer spending, and political events all affect rates. Additionally, the Federal Reserve plays a significant role in shaping monetary policy, which in turn affects rates.

In early 2022, the Federal Reserve began raising the Federal Funds Rate to address concerns about inflation and control the pace of economic growth. Although this rate doesn’t directly dictate mortgage rates, it does influence them. Consequently, mortgage rates started to rise as a response to the Fed’s actions.

Despite efforts to curb inflation, it hasn’t yet reached the Fed’s target of 2%. While there has been progress, inflation rates have experienced slight increases over the past few months. This has prompted the market to reassess policy, leading to further increases in mortgage rates.

Looking Ahead

Experts anticipate that inflation will eventually come under control. This will allow the Federal Reserve to lower the Federal Funds Rate later this year. However, this adjustment may occur later than initially anticipated. As a result, mortgage rates are expected to decrease. The decrease will not as significantly or rapidly as previously predicted.

It’s important to note that predicting the exact timing of these changes is challenging. Therefore, attempting to time the market based solely on these predictions may not yield favorable results.

What Does This Mean for You?

If you’re considering buying or selling a home, it’s essential to stay informed about market trends and seek guidance. We are here to help you! Remember, while fluctuations in mortgage rates may impact your decision-making process, focusing on your individual needs and financial situation is paramount.

Ultimately, the Melville Group can provide invaluable insights and guidance tailored to your specific circumstances. Whether you’re navigating a competitive market or evaluating investment opportunities, having a trusted advisor by your side can make all the difference.

If you have questions or need assistance navigating the housing market, don’t hesitate to reach out. We can help you understand the current landscape and make informed decisions that align with your goals.

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