TRUCKEE REAL ESTATE

 

SECOND HOME OWNERSHIP OR

WHEN WILL THE ROLLER COASTER STOP?

 

Is now the time to buy that perfect second home in Truckee/Tahoe?  The streets and shops are busy with locals and tourists, however, are most of the people visiting here contemplating that home purchase or waiting for some sign that pricing has reached bottom?

 

What have the ‘trends’ been in the Truckee/Tahoe area?  It all depends on what angle you are viewing this situation from.  A full time homeowner needing to move for a new job or personal reasons have felt some pain as their equity position has weakened during the past year or so.  Those second homeowners with no need to sell have placed their homes on the market and tempted by buyers, have sold for slightly less than they wished or held out for a better price.

 

Attractive interest rates seem to come and go so quickly that buyers are not certain what move to make!

 

In actuality, as a buyer, consider this your smorgasbord time.  Truckee/Tahoe has an excellent selection of properties available, some priced well below market, while others are priced incorrectly and may remain on the market for an extended period of time.

 

Right now buyers should recognize that it is time to step up to the plate and take advantage of the entire market situation!  While no one knows or can predict the exact timing to purchase your home - where do you want to me when the roller coaster stops?  My recommendation is to be on the track and be one that has already become a winner in this market and not the one who waited too long to buy!

 

Respectfully

 

Bonnie Jessee, Realtor

530 412 3984

www.welcomehometruckee.com

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