Will it be faster than smoke through a keyhole?
Will it be faster than smoke through a keyhole?
Housing recoveries are often rapid.
There is no question we are in a cool down of the real estate market here in the Greater Sacramento area, but let me explain to you what I think makes this cool down, or correction, so different than the melt down we experienced in the early 1990s.
In the late 1980s and throughout much of 1990, there had been a very large run-up of prices on homes in our area. Similar to what we’ve experienced in recent years as well.
A little over a year ago, we wondered if we were exper...
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Wednesday, November 14, 2007
DUELING REAL ESTATE TRENDS
DUELING REAL ESTATE TRENDS
Great West GMAC Real Estate professionals are sometimes asked by clients to answer questions regarding what is trendy in housing. Or they will ask, “Are we going big, or moving smaller?”
In a recent quest to track information on real estate statistics and trends, Sami Siddiqui, broker for Great West GMAC Real Estate noticed contradiction among the pundits of “what’s hot – what’s not” in the real estate marketplace.
One pundit seems to imply the Mc Mansion is very much alive and doing well. And predicts homes built in the future will taut ...
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Tuesday, November 20, 2007
SELLING THAT IMMOVABLE OBJECT - THE LONG UNSOLD HOME
Is your home or property one which has sat on the market month after month? Are you pulling your hair out trying to explore the elusive reason your home continues to remain unsold?
Well, the answer may not be as puzzling as you think. Professionals at Great West GMAC Real Estate know the natural laws of the market are usually quite predictable. And a little analysis should reveal the truth.
“Virtually all houses are salable – if you put the right price, condition and terms on them,” says Sami Siddiqui, broker of Great West GMAC Real Estate.
Yet, a poorly priced ho...
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Wednesday, November 28, 2007
Tips for Finding the Perfect Neighborhood
Tips for Finding the Perfect Neighborhood
The neighborhood you choose can have a big impact on your lifestyle—safety, available amenities, and convenience all play their part.
1. Make a list of the activities—movies, health club, church—you engage in regularly and stores you visit frequently. See how far you would have to travel from each neighborhood you’re considering to engaging in your most common activities.
2. Check out the school district. The Department of Education in your town can probably provide information on test scores, class size, percentage of studen...
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