So, you’d like to take advantage of that wonderful job opportunity out of town, or you feel that you need a bigger (or smaller) home, but you don’t know whether you can afford to sell your home. While the Sacramento real estate market has experienced a slower pace in recent months, homes are selling, albeit at a slower pace than in years past.

However, the current seller does have to approach the market differently than was necessary just a few short months ago. While the old adage in real estate was “location, location, location”, the new adage for sellers who would like to sell their property is “location, exposure, price”.

Whenever we look at the local statistics, we have to remember that they are a conglomerate of all the homes sold in the region and they may not apply directly to a particular neighborhood. Some neighborhoods hold their value better than others. Sometimes there are outside things that effect a market more favorably than others—such as what is happening in the local school district; what current job markets are; what types of businesses are moving into the area. That is one reason why your professional real estate agent is so important to your selling plans.

Additionally, without maximum exposure of your property to the market, you will undoubtedly get less for your house than you would with the full exposure that a Coldwell Banker agent is able to offer. In anticipation of the calming market we are currently experiencing, Coldwell Banker has made multi-million dollar investments in positioning the company in several areas so our listings get maximum exposure in the marketplace.

And, while it is true, that the selling prices of homes are less than they were 18 months ago, most people who have owned their homes for more than three years, are still able to realize a tidy profit. Some who have overextended themselves with risky loans or refinancing to the maximum allowed a couple of years ago, are finding themselves pinched. There are some continuing advantages in purchasing a home today that could not have been obtained a few years ago—taxes, insurance and price to name a few.

Whether you may be thinking of buying or selling a home, would like to explore the possibilities of the rental income market, or would just like a primer of the home buying process, please give us a call. The experts on Coldwell Banker’s Fox Team would be happy to help!

—Kathy Fox