Something happened to the Sacramento real estate market over the last few days and I'm wondering if anyone has noticed. I've been working pretty closely with one real estate investor lately and he was interested in making a bunch of offers on properties that haven't moved for longer than 60 - 90 days. So off I went on to the MLS... only to notice that many of those properties were in escrow!
Now, you have to ask - after 60, 90, even 100+ days on market, why the sudden activity, almost overnight?
I personally believe if you haven't bought a house yet, you've missed the bottom of the market. But we're still pretty close to the bottom, so don't be disheartened.
Just know that the real real estate investors are here.
About time!
Monday, April 21, 2008
Investors are here!
Posted by
Purva Brown - Sacramento Real Estate Gal
at
10:35 AM
Labels: Investment Properties, Sacramento County Real Estate
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