Quiet Labor Day Weekend

The last two weeks of August and through the Labor Day weekend has historically been a slow time in the Sacramento and Roseville real estate market.  Most of us are getting a last minute summer holiday and starting to make the transition from summer to fall, even if the weather has been unbearably hot the past week. 

I expect we will see some increased activity starting next week although I am beginning to think buying a house is not getting much positive reinforcement from friends and family as it has in the past.  I overheard the following comment the other day from a mother talking to her daughter and son-in-law when they were telling her they were actively looking to buy their first home.  Mom said. “Are you sure you want to buy now, I think you should wait and see if the prices come down more.” 

It is hard to argue that prices will start going up and you should buy now!  But I do believe there are some wonderful homes on the market now at very attractive prices and they are selling.  If you are in a position where you want to buy a home and know you will be living in it for five or more years, you should be looking for your special home that you can start enjoying.  Buy a house because you want to live in it not as a speculative investment.

By the way, my son’s elementary school is selling the Entertainment Book (Discounts Galore!) as a fundraiser.  I sent out a few emails with links where you can buy one for the Sacramento area or your own area.  They sell at Costco for $45 but you can buy it from our PTC for $40.00.  Based on my review, it looks pretty easy to get your money back and more pretty quickly.  Safeway has $20 off and there are lots of restaurant and store discounts too.  Great deal if you keep it in your car!  Check it out here.

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