The New Buyer’s Market
Last week John wrote about the focus of the Sacramento real estate market on condos. In my experience we are seeing a lot of activity when the price of a home falls below $200,000. In the last week and a half all the calls I have received have been for homes under the ‘2′ mark.
Are the 2s really that terrible? Maybe not. Perhaps all the activity we’re seeing under that number is because the investors that had been sitting along the sidelines are finally seeing the opportunity to add to their portfolio here.
First-time homebuyers are also finally able to think about becoming homeowners and build some equity for the future.
