Sacramento Land(ing)
We recently found a new blog among our incoming links, Sacramento Land(ing). This one’s definitely worth a look, and there’s a lot of good information from multiple sources.
On the other hand, there’s a lot of emphasis on those round soapy things. You know. Will they burst and the like.
That’s fine.
Apropos the market’s supposed softness, I was working with some buyers in Folsom over the weekend, and I told them about how many homes were spending longer and longer periods on the market, and it seemed like we had lots of inventory to look at. By the end of the tour they pretty much had their heart set on this one home.
When I looked it up today, it had gone pending sale.
Hey, wait — homes being sold out from under my buyers. This isn’t supposed to happen with the housing market round soapy thing bursting and all.
But — go figure — it’s possible to sell a home by pricing it well in a seller’s market, just as it was possible to fail in a buyer’s market by pricing too poorly. The market itself doesn’t determine success or failure. It only shows us how wide the margin of error is.
