Good morning, Yesterday, I mentioned the two areas of reasonable safety when considering a Real Estate change in Sonoma County, California.(my expert area only!) I have an extensive article on the ''move up market" in my blog profile. I wrote the article and believe it to be a sound bit of advice. The primary reason, as well as others, is that the chance to improve your holding with the next property, is hugh. With so much inventory and prices in a decline, the ''over leveraged'' owner is vunerable to taking a more painful econmic hit and might need to sell! So will you of course, but the ''buy up'' opportunity becomes more valueable.This could not be more true especially in an area like Sonoma County ( Santa Rosa, Petaluma, Healdsburg, Cotati, Sonoma, Wine country) that tends to be an area of retirement for the weathly people of the Bay Area. Our prices are the first to tank in the nine County area and remain historically lower. Regardless of course, it must make economic sense to you.(can you afford this leverage?)If the answer is yes, then perhaps a larger conversation is in order. How to effectively switch properties. First, understand the current market conditions. Not the one from the cocktail party, the one an agent can give you. The reality one, the painful one, the one that can lead to opportunity in a declining market. Not easy to do, but can be profitable! If some or any of this makes sense call me or e-mail me. And yes, I am a Real Estate agent working with ''move up'' or selling out clients! 707-495-6201. Kelly@realestatehelpteam.com |
Comments(0)