Mortgage Blog

Where Are the Move-Up Home Buyers?

August 1st, 2012 11:14 PM by Eric Fang

A few clients called me about the purchase of rental
properties or primary homes. Please click the
following link first.

According to the borrowers, they all felt that the pricing goes
up in most of the affordable areas(liek Sacramento, Elk Grove,
Tracy, Brendwood, etc). The problem is which price you compared
the current market with. You can not always compared to the
lowest price. It might be gone forever. So if you want to
purchase, just go head, the price is still low.

Some borrowers talked about the houses in Elk Grove. It's hard to
get the houses, and the price went up. But if you compared the price
with the price of the end of 2008, the current price is still very

And for the house price, if you are willing to put 5k to 10k more,
your chances of getting the house will be higher.

Posted in:General
Posted by Eric Fang on August 1st, 2012 11:14 PM



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