Not Every 2005 Home Buyer Enjoys Equity in Sacramento

Real Estate Agent with RE/MAX Gold DRE #00697006

Because I sold such a boatload of short sales since 2005, cummulatively more than any other agent I can find in a 7-county area according to Trendgraphix, I had been hoping the negative equity situations were now a thing of the past. However, I keep finding evidence that we are not completely out from under yet.

After 14 years! Mindboggling that there are home owners who still cannot sell for the price they paid back then. And there exists a variety of logical reasons for these situations.

You can read more in my personal blog today at this link: Some 2005 Sacramento Home Buyers Are Still Underwater.

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elizabeth weintraub



Weintraub and Wallace Realtors



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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to


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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

We see a lot of sellers in Northern VA suffering at the hands of buyers mindsets today, wanting everything updated and move in ready.  Not too many willing to take on a project.

Mar 27, 2019 10:00 AM #1
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

The purchase of short-sales were a boom for some homebuyers, but others were burned by them, because of reasons you mention - the "As Is" clauses, and lack of proper inspections.  The buyers that did a little better were those who had the skills to renovate and flip.  And, yes, the buyer perspective today is changed.  They tend to be more discriminating about condition.

Mar 27, 2019 12:58 PM #2
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