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Slowing down or speeding up? Hot Market?

Posted by Connie Gohata on Friday, October 20, 2017 Under: Real Estate Market
It seems that we are in a hot market for sellers - BUT.

The BUT is that we are in a slower market - because there are not a lot of people who want to sell right now.  There could be a number of reasons for this - sellers, even thought they will most likely sell at a good price, don't want to buy at a high price.  The season isn't right - the kids are in school and the parents don't want to move.  It would be less expensive to add on to the present house than move.

Then there are people like me - I've lived in my home since 1992.  My kids grew up here.  It would be a HUGE task to pack up this house and even downsize.

My neighbor's home is paid off.  She lives alone in a 4 or 5 bedroom, two-story house.  She really doesn't need the size, but it is handy when people (grand kids, kids, friends) visit.  She just has to maintain the home and pay the insurance and property taxes.  She couldn't begin to find another home for that price!  Her taxes are Jarvis low, her upkeep is affordable.  Her insurance is not a big cost (monthly).  Moving would "up" her taxes a lot, even if she sold and paid for a new, smaller place all-cash.  There are a lot of Baby Boomers like her, too.  Lots of memories in that house!

How about you?  Are you thinking of buying or selling (or both?)??.  If so, you need a plan - when to sell, what to fix up, and where to move.  Call me - I'll advise you!  Sometimes staying put is really a good choice!

In : Real Estate Market 


Tags: buying selling moving 
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Slowing down or speeding up? Hot Market?

Posted by Connie Gohata on Friday, October 20, 2017 Under: Real Estate Market
It seems that we are in a hot market for sellers - BUT.

The BUT is that we are in a slower market - because there are not a lot of people who want to sell right now.  There could be a number of reasons for this - sellers, even thought they will most likely sell at a good price, don't want to buy at a high price.  The season isn't right - the kids are in school and the parents don't want to move.  It would be less expensive to add on to the present house than move.

Then there are people like me - I've lived in my home since 1992.  My kids grew up here.  It would be a HUGE task to pack up this house and even downsize.

My neighbor's home is paid off.  She lives alone in a 4 or 5 bedroom, two-story house.  She really doesn't need the size, but it is handy when people (grand kids, kids, friends) visit.  She just has to maintain the home and pay the insurance and property taxes.  She couldn't begin to find another home for that price!  Her taxes are Jarvis low, her upkeep is affordable.  Her insurance is not a big cost (monthly).  Moving would "up" her taxes a lot, even if she sold and paid for a new, smaller place all-cash.  There are a lot of Baby Boomers like her, too.  Lots of memories in that house!

How about you?  Are you thinking of buying or selling (or both?)??.  If so, you need a plan - when to sell, what to fix up, and where to move.  Call me - I'll advise you!  Sometimes staying put is really a good choice!

In : Real Estate Market 


Tags: buying selling moving 
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About Me


Connie Gohata RealtorĀ® and RE Investor Short Sale and REO Specialist Regular Sales, Distressed Sales CA/BRE #01822665 Phone: 714-553-9146

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