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The Sacramento, CA Online Community | Sacramento, CA Discussion | Sacramento Discussion | Topic: Housing Market

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Topic: Housing Market (Read 844 times)

Nate

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Housing Market

« on: December 05, 2006, 08:30:26 PM »

I just read an article on rocklintoday.com that said that the median asking price is now $410,000 which is "down 2.1 percent in the past month and off 6.8 percent in the past six months."

It looks like this trend is going to continue from everthing I have read from economists recently. If you're looking to buy a home, I'd wait awhile for prices to come down.


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moriarty

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psychobilly

Re: Housing Market

« Reply #1 on: December 05, 2006, 08:32:02 PM »

I hear that. 410K is still way out of budget for me.

I bet I will be waiting a long while. looks like more money into the apartment people's pocket.


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"have fun driving that new scion tC, ... on the sun"

Nate

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Rental Prices are Rising

« Reply #2 on: December 05, 2006, 08:44:20 PM »

If you rent apartments right now, you're actually doing well right now. There's much fewer new apartments that were built this year than usual and so rent prices are actually rising.


« Last Edit: December 05, 2006, 08:48:35 PM by Nate »	Logged

carolesuzanne

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Re: Housing Market

« Reply #3 on: December 20, 2006, 07:45:55 AM »

Any of the good ones are soooo expensive yucky


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Hernando

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Re: Housing Market

« Reply #4 on: December 27, 2006, 03:56:44 PM »

My parents just sold thier home in connecticut for $250,000.00 It's 1800sqft ranch in a good neighborhood one acre w/ a pool.


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Nate

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Re: Housing Market

« Reply #5 on: December 28, 2006, 11:00:32 AM »

I was watching the Nightly Business Report last night and some respected analyst ( I can't remember who) was saying that it appears that the housing market might be stabilizing and 2007 could actually not be a bad year afterall. Apparently, this weeks data was surprisingly good...