Saturday, January 12, 2008
Real Estate Market In Sacramento/Placer County California
There is not doubt about it, the real estate market in Sacramento and Placer County has seen better times. I prefer not to dwell on the negitive. I believe and from my observations the problems are in pockets. Where is your neighborhood and how does it look as far as REO's (Bank Owned Properties)? Is there alot of inventory in your neighborhood? Are properties abandoned and run down or are they keeping their values? Let me know whats happening in your neck of the woods. Your Hostess: Queen Avalar.
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3 comments:
Queen Avalar, I agree. There is different activity in different areas of the city.
Hi Es,
Tell me the pros and cons of my daughter renting an apartment at the Isla Vista section very close to UC, Santa Barbara.
Jules
Hi Jules, If you are talking about buying vs renting, it seems to be a good investiment especially in a popular college town. If she plans on going there 4 year or more you may be able to count it as a second home, talk to your tax accountant for more information on tax advantages. When she graduates you can rent it out to students, and have income property, especially when housing is scarce in a certain area. If you are considering buying (good time to interest rates are currently below 6%)I know a good REALTOR from Women's Coucnil of REALTORS that could help you.
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