Sep 16 2008
Sacramento Real Estate……..is it really a bargain?
I know some of you think you’re not interested in real estate right now, but if you stop and think about it real estate affects all of us, buying, selling, just living in it, or even blogging about real estate. If you own a house you have to be thinking about how much less it is worth now than it was last year. If you don’t own a house (tell the truth now, you know you want one), then this drop in real estate prices makes a lot of people think they can buy a house. House prices may be cheaper, but there’s still a lot of competition out there at the lower end of the market (under $300,000). And if you say you’re happy just being a renter and letting someone else worry about fixing that leaky toilet and mowing the grass, you’re still affected by all the ups and downs of the real estate market. All those people who lost their homes to foreclosure are gobbling up the extra rental units and making your Sacramento landlord think about raising your rent since he is getting so much more interest in every available unit. All the rental incentives that were floating around a couple of years ago have gone by the wayside too. No more free month rent if you sign a year lease, you will be lucky to get the carpet cleaned. So whether you’re interested in real estate or not, it’s interested in you. Buyer, seller, or renter, you’re just one more cog in the big real estate wheel that keeps on rolling every day whether you notice or not. As the world turns ……powered by real estate.
Bank Repo Open House
For Sale By Owner
As you may have been able to discern from my slight tinge of bitterness, I am one of those small cogs in the big wheel of real estate that is looking for a house to buy. I’m a little frustrated by the fact that every time I find a great bargain in our fair city of Sacramento, at least a dozen other people seem to find it at the same time. In the mean time since I haven’t found that “perfect for me” little piece of real estate I have to renew my lease and the only incentive I get is my carpet cleaned or an accent wall painted. Well, my carpet isn’t dirty since I’m one of those take your shoes off at the door kind of people, and I don’t need a red wall, what I need is more closet space. To give credit where it is due I have to add a word of praise for the real estate agent who has been very patient through all our journey of looking for the perfect bit of real estate here in Sacramento. Jennifer Gereghty, who works out of the Coldwell Banker Downtown Office, has looked at a lot of bank repos with us and maintained a much better attitude than I have through most of the journey. So my quest continues and if you are a seller cog that needs to connect with a buyer cog looking for a bargain with lots of closets, let me know.
Dream Home Sacramento
Everyone takes advantage of whatever they can. It is ridiculous that landlords now want to take advantage of all the people who been great long term renters just because they can in this real estate market.
[...] sure most of you don’t remember the post from back in September “Real Estate……Is It Really a Bargain?”, but it is close to my heart, because as I told you then I am just a small buyer cog looking to [...]