$$$ homes for sale

I just did some adding up...point south magazine shows over 100 million dollars of real estate available in the lakeside area. Can this be true?

Aren't people buying now? There are/were so many new faces in town this season - they're not buying houses?

That sounds right.
Wonder what the Canadian/American ratio is these days for buyers. So many of my old friends on FB are disgusted and want to leave the US. Those that can are, one just packed up his 90 year old dad and moved to a beautiful house outside of Chiang Mai and 2 of my best old friends are coming in Sept. They're younger but desperate to find a way out. And the election hasn't even happened yet!
I think the real estate market is going to pick up.

The houses that are selling are at the low end of the market. Here are the pending sales currently showing on the MLS. Prices in USD. These are all for homes, no land sales included.

34 under 200K
8 200K - 300K
4 300K - 400K
2 400K - 500K
2 500K - 600K
0 600K - 1 million
1 over 1 million

Nope. Not true, beach boy.
I personally met several people who were here among the snowbirds/tourists who were scouting to move here. And more on the way.
Where are you?

This is totally unreliable information based on talking briefly with a number of visitors to the recent Open Studios event.  Many were from my old home state, California.  They were saying that they're scouting around because "California is becoming impossible". Now, that I can understand. Home values in the Job-rich areas are going through the moon, and the property taxes are heading in the same direction.  Many of these people were apparently in their fifties and early sixties and we know who gets laid off first in industry, si?

Some of the lookers seemed like the kind of nice, level headed folks we'd like to have as neighbors.  As we've all heard, the middle class has been getting clobbered back in the states and the pleasant climate and scenery here is a real draw.

I wouldn't be surprised to see at least a small influx of buyers soon.
Some of them are looking at the higher end houses because they seem to be a great bargain when a very modest CA home is way up there in price in this economy.

That would be great! Would love to see more westcoasties move here.

Fixer-upper 1 and 2 bedroom shacks in Marin County, where I moved here from, are selling for millions. Plural! And the taxes. . .omg!

Yes, a million-dollar house in my former area of California is in a glorified tract or a formerly middle-class neighborhood that is now trendy.

I know of 3 houses that sold in the last month; $200,000, $310,000, and $480,000. Friends are arriving in early April and looking to buy. Things are not too bad.

Back in the 60's I rented a large studio apartment between Westwood & Santa Monica for $95.00/month. Now I'm sounding like my father.

My Moms house outside of Seattle went up 20% last year. Portland Oregun is close. All these places mentioned like Marin (accross the GG bridge from SF), Toronto, and Vancouver are all places people want to live. I bet you can still get a heck of a deal in Lodi or Stockton in the San J. Valley!! Homes do appear to be moving better lakeside than before but high end is still a dog market. Its better, much better.

Z

I don't house shop so can't answer to that, but seeing what people ask for their used furniture and other belongings in garage sales and on BBBS rings true to what you say CB, 40 to 50% too much! At least thats my observation.

I agree, Trailrunner.

Lady Otter Latté wrote:I agree, Trailrunner.

The best way to get rid of "stuff" is to turn the selling process over to someone in the business. Garage sales are not only a poor way to do it, they're sort of humiliating to the seller.

Hensley is the best at it.