Waiting and watching
The real estate market here in Sacramento is quiet on the surface, there are not going to be enough transactions in 2008 to support the current population of agents, but is teaming with activity not being tracked. Many of the pundits who are predicting another year of depreciating values would be surprised if we could see all the web activity from potential buyers who are waiting for the day they believe is the bottom of the market. No one wants to admit they bought in June or July of 2005 but there are many who would like to buy at the bottom of this cycle. Check out my latest article, “Waiting for a reward” and see what others are saying about 2008. I have also published it as my weekly column over at Rocklin & Roseville Today.
