LET'S GET YOUR HOME SOLD!

Feb. 12, 2018

Forth Hoyt's Resume and Qualifications

 

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Posted in Forth Hoyt Resume
Jan. 10, 2018

Market Reporting: Classic Case of Hindsight

New Bubble?
I am seeing some changes in the market in some areas...  Depending on your neighborhood, your price range and your personal situation- it may be time to take a snapshot of the market and the trends..
How would you know if your area is beginning a real estate market “shift”?  Data such as Absorption Rates, Days on Market, Months of Inventory… (and what does that mean?!?) Watching the measurements that define a “SHIFT”:
 
The most difficult thing about a Real Estate Market Shift, is that you cant be sure it happening until it's over.  We NEVER know for sure whether we are in a slight market adjustment or a major market retraction, a coincidental series of market events or a MAJOR SHIFT.  It's easy to dismiss any deviation in the "norm's" as a fluke, a one-off, a  weird deal...  
 
It happens slowly, and quietly, and then SUDDENLY! Until there's an undeniable amount of evidence, and it is clear that the data shows a different behavior in the market.  And by then, the shift is over... the evidence comes after the fact, AFTER you can do anything abut it.
 
Real Estate Data can only be seen in the rear view mirror. Or out the back window... Data happens AFTER the transactional instances that create that data. 
 
Absorption Rate, Days on the Market, Months of inventory; they are all measurements of events.  These actions happen one at a time… One home, one family, one triumph or one calamity at a time.
HERE’S WHAT THE “TREMORS” WILL LOOK LIKE:
 
Just a few more homes on the market. More homes "expiring" or going all the way through the listing period (typically either 120, 180 or 365 Days) UNSOLD.  Longer Average Days on the market. and a higher trending Months of Inventory.  Absorption rates that show weakening demand. An increase in price reductions.  An increase of homes “back on the market” which means more failed escrows.
 
And to define those terms above; here’s a quick guide to the measurements that define a “SHIFT”:
 
ABSORPTION RATE A measurement frequently used to gauge the liquidity of a given market is the absorption rate. This is basically the rate in which a specific segment of a real estate market sells in a given time frame. As a generic term, Absorption Rate is sometimes used interchangeably with sales rate or turnover rate.
 
DAYS ON MARKET (DOM) are the number of days between a listing going on market and accepting an offer. The lower the average days on market figure, typically the stronger the buyer demand and the hotter the market. Note that this statistic is easily distorted by distressed home sales, which often have a very high DOM; by that minority percentage of listings that sell after multiple price reductions (one property that sells after being on the market for 12 months can sometimes play havoc with an overall average for a neighborhood); and by deals that fall through after offer acceptance (the listings come back on market and perhaps sell quickly, but the DOM clock keeping ticking throughout). Currently, appealing, well-priced new listings often accept offers within 7 to 14 days of coming on market no matter what the market is doing.
The biggest flaw is that DOM is only affected by the homes that actually CLOSE! So, the homes that sit for months and then go off the market unsold do not even show up in this metric. This is why DOM and MSI do not trend exactly. There is often a confusing disparity between DAYS ON MARKET VS. MONTHS OF INVENTORY.
 
MONTHS SUPPLY OF INVENTORY (MSI) reflects the number of months it would take to sell the existing inventory of homes for sale at current market sales rate or "TURNOVER" rate. Using the previous months number of sales, how many months would it take to sell all the homes available. The lower the MSI, the stronger the demand as compared to the supply and the hotter the market. Typically, below 3-4 months of inventory is considered a "Seller's market", 4-6 months a relatively balanced market, and above 6 months, a "Buyer's market."
There are often huge differences between neighborhoods, price ranges, school districts... Huge disparities that your would never imagine.
 
What’s the only way for you to be safe, and know immediately when these red flags rise?
 
I’ll show you-
 
If you are thinking of buying or selling in the next 0 to 12 months,  YOU NEED TO SEE THESE STATS.  I always know the most important statistics.  I track  them regularly and would love to visit with you, answer any questions and/or just catch up.
See what the trends say about you house. Go to www.smartersellers.com to find out the averages. If you'd like, it only takes me a few minutes to do an in-depth valuation!
Talk to you soon!
 
Oct. 12, 2017

CALIFORNIA'S HOUSING FUTURE

California is in a HUGE housing jam!  Simply not enough housing units. NOT EVEN CLOSE! WE ARE MILLIONS SHORT!

Report Highlights: 

• Production averaged less than 80,000 new homes annually-past 10 years- ongoing need is 180,000 annually.

•  Most Californian renters, 3 million+ households, pay more than 30% of income to rent, nearly 1.5 million households — pay more than 50%!!

• Overall home ownership rates are at their lowest since the 1940's!

• California is home to 12 percent of the nation’s population - 22 percent of the nation’s homeless population.

The Report:

Sept. 18, 2017

Buyer Demand Index?

From the California Association of Realtors Market Competition Interactive Tool will enable you to determine the pace of buyer demand in your market, how much competition there has been for listings in your area, the degree to which offers are being countered, and whether buyers or sellers are getting "cold feet" about the market.

Buyer Demand Index:

 

 

 

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Sept. 14, 2017

Real Stories from Forth Hoyt's Clients

 

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Posted in Forth Hoyt Resume
Sept. 11, 2017

EXPERIENCE SACRAMENTO Premier Event Newsletter

Back To Thehoytgroup.tv 

EXPERIENCE SACRAMENTO
Premier Event Newsletter



 
Marvel Universe LIVE! 
Age Of Heroes
GOLDEN 1 CENTER
September 14-17
PRICING: $15 and up
Marvel fans, assemble for this live, action-packed, legendary battle to defend the universe from evil. Spider-Man, the Avengers and the Guardians of the Galaxy join forces with Doctor Strange, master of the mystic arts, in a race against time to recover the Wand of Watoomb before it falls into Loki's hands. This ancient artifact holds immeasurable mystical power and would allow Loki to achieve his eternal quest to crown himself ruler of Asgard and Earth. This all new show unites some of Marvel's greatest Super Heroes including Iron Man, Captain America, Thor, Black Panther, Hulk and Black Widow against some of the most threatening villains.  Their journey sparks new feuds with old foes, pitting student against mentor, sister against sister and brother against brother. Witness cutting-edge special effects, aerial stunts and video projection in this incredible adventure. Fans of all ages will be immersed in the Marvel Universe and experience it all with their family...LIVE!
EVENT  
 
MINUS THE BEAR
ACE OF SPADES
September 7th
PRICING: $25

There are very few bands able to blend traditional instruments with electronics as successfully as Minus The Bear, especially in the world of independent rock.
EVENT  



B.J. THOMAS
HARRIS CENTER
September 27
PRICING: $28 and up
A five time Grammy winner who has sold more than 70 million records and is ranked in Billboard's Top 50 most played artists over the past 50 years, B.J. Thomas recently invited his fans into his home with his CD The Living Room Sessions, featuring intimate acoustic re-imaginings of 12 of his most renowned songs: "Raindrops Keep Fallin' On My Head," "(Hey Won't You Play) Another Somebody Done Somebody Wrong Song," "I Just Can't Help Believing," "Most of All," "Hooked On a Feeling," and even "Don't Worry Baby" (a Beach Boys classic first covered by the singer in 1977).e!


EVENT  
 

 
VIVIAN LEE
CROCKER ART MUSEUM
September 21
PRICING: $8 and up. 
Jazz vocalist and recording artist Vivian Lee specializes in the classic standards, drawing her influence from greats such as Ellington, Brubeck, Mercer, and Gillespie. Lee's award-winning phrasing, storytelling, and magical stage presence have been captivating audiences for 15 years. As Lee continues to advocate for jazz here in Sacramento, she has assembled a top-notch ensemble of regional players to accompany her for shows that are witty and engaging.
EVENT  




 
Leonardo da Vinci
"Machines in Motion" 
 
Aerospace Museum of California August 12
PRICING: $15 and up
On display for the very first time in California, guests of all ages will be fascinated by the   dramatic and interactive Leonardo da Vinci "Machines in Motion" international traveling exhibit coming soon to the Aerospace Museum of California. Forty impressive machine replicas will be on special display, occupying nearly 9,000-square foot of space inside the Museum. 
EVENT  
 

 
 
TOM PETTY & THE
 
HEARTBREAKERS
September 1
PRICING:  $43.81 and up. 


Tom Petty and The Heartbreakers, one of the most iconic bands in American music history, have announced additional dates on their 40th Anniversary Tour, which includes a stop at Golden 1 Center in Sacramento on Friday, August 25th. Emerging Los Angeles rock band The Shelters will appear as special guest. 
EVENT  

 
JASON ALDEAN
TOYOTA AMPITHEATER
September 29
PRICING: $24 and up
With 18 No. 1 hits on either the Hot Country Songs or Country Airplay charts, singer-songwriter Jason Aldean is the creative force behind such fan favorites as "Big Green Tractor," "Night Train," "The Truth" and "Don't You Wanna Stay," his duet with Kelly Clarkson. The native Georgian, whose albums regularly earn platinum and multi-platinum status, will again crisscross North America in 2017
EVENT  

QUIET RIOT
ACE OF SPADES
September 8
PRICING: $22
QUIET RIOT is a rock & roll phenomenon. Famously described as the first heavy metal band to top the pop charts, the Los Angeles quartet became an overnight sensation thanks to their monster 1983 smash album Metal Health.
EVENT  

 
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Sept. 11, 2017

TheHoytGroup.tv

TheHoytGroup.tvWHO WE ARE

Why work with us?

For over 17 years, Forth Hoyt has provided his clients an exceptionally high level of service. He started his real estate career as a marketing consultant, then as a buyer specialist and listing specialist. Those first few years of his career allowed Forth to learn fast, by experiencing such a high number of transaction (42) in his first year. He also learned the systems, organization, teamwork and accountability it takes to run a successful team.

Forth's team of 5 agents are hand picked professionals that go well beyond the standard level of service provided by most agents. Forth and his team strive to provide the best service, the best advertising, the best, most up-to-date techniques, most in-depth market knowledge, and the best real estate advice around. His team works constantly to improve their systems and services to provide the best support possible.

Forth Hoyt
Keller Williams Realty

2295 Iron Point Road, Suite #160 
Folsom, Ca 95630

Phone: 916-248-7777
Mobile: 916-316-3810
forth@thehoytgroup.com  

We Specialize In the Greater Sacramento Counties

Sacramento - El Dorado - Placer - Yolo - Amador -Yuba

 

Sacramento Events

Posted in Forth Hoyt Resume
Oct. 10, 2014

Why Choose A Certified Residential Specialist?

The Council of Residential Specialists is the largest not-for-profit affiliate of the National Association of REALTORS®. With a select number of members, CRS represents the most successful REALTORS® in the U.S. They provide best-in-class continuing education, networking, practitioner-developed tools, and mentoring—and we also award the CRS Designation to experienced agents who have completed advanced professional training and demonstrated outstanding professional achievement in residential real estate.

The CRS network spans the nation, but sometimes you need a network closer to home. No matter where you are located, there’s a CRS Chapter near you! In the Greater Sacramento Area Forth Hoyt is your Certified Residential Specialist that can offer a variety of services, including education and consultation to encourage the home buying process.

Volunteering is a big part of being a Residential Specialist because it has a meaningful, positive impact on the community. Volunteering is the perfect vehicle to develop a new skill. It’s about giving your time, energy and skills. Most volunteers express a sense of achievement and motivation, generated from their desire and enthusiasm to help.?

The Council of Residential Specialists focuses on each community in which they are located to build and develop lasting personal and professional relationships while learning about people from all walks of life.

March 25, 2010

Dave Ramsey’s Certified ELP Local Provider

Why does Dave Ramsey Recommend Forth Hoyt as a Certified ELP Local Provider?

In our modern world, it's become increasingly complicated to find trustworthy and competent investment advisors, realtors, insurance agents or tax services. There are too many lazy businesses and too many unfulfilled promises.

We decided that Dave Ramsey fans deserved better. We wanted his fans to be able to quickly find an accomplished professional they can trust—a pro who gives the same helpful advice our fans expect to hear from Dave. That’s why we created the Endorsed Local Providers (ELP) program—a network of endorsed professionals who are held accountable by members of Dave’s team and customer reviews.

Certified Local Provider
Certified Local Provider

What started as a service for one city has now grown to help hundreds of thousands of people across the nation. People love our simple process and the high-quality professionals we endorse.

Dave’s audience depends on us to provide reliable, trustworthy professionals who provide exceptional customer service. It’s a responsibility we take seriously every day.

Forth has earned Dave's endorsement, he didn't buy it

Being an ELP isn’t easy; it’s hard work because ELPs are held to a higher standard of excellence. While ELPs do pay a fee to cover website maintenance and employment costs, Dave’s endorsement is not bought—it’s earned. We have a 45-person team that interviews potential ELPs several times and provides support to make sure your ELP provides the advice Dave would give. We also make sure that every ELP is someone you feel comfortable talking to and is a person you can trust.

On top of that, we evaluate the performance of all ELPs every month to make sure we recommend you to the best agent possible. Also, every person who uses an ELP has a chance to grade them based on their personal experience through surveys we provide.

Forth Hoyt has great customer service and is easy to understand

We make sure each of our ELPs truly has the heart of a teacher, so you can trust your ELP to provide top-notch customer service. No one likes to be talked down or made to feel as if they don't matter. Our ELPs take pride in the fact that they treat each Dave fan like a friend.

The ELP program is designed to help you make money and save money

It's simple! If this program didn’t benefit you, we wouldn’t do it and that is why you should use a real estate agent that is an ELP. It’s a fact that people who use a good agent sell their home faster and for more money. In fact, a study by the National Association of Realtors shows that people who use an agent sell their homes for 16% more than people who don’t. Trying to sell your home yourself or using an inexperienced agent can cost you thousands more, not including time and frustration. 

 

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