Where have all the deals gone???

It has been an amazing ride so far in this ever changing market. We went from huge inventories with no end in sight to homes under priced with multiple offers. Everyone wants that 3/2 cosmetic fixer for $100k and they all have cash. Well they missed that boat in Sacramento Metro. Where are the deals now. Think bigger. Thats right there are numerous deals out there but they happen to be big. Want something pennies on the dollar....well look for large homes. Some were originally sold for $600k-$800k that are now selling from $300k-$400k or less. These are smoking deals. Some are as much as 4000sqft and I think that actully scares some people. Regardless these are the steals of the market now. Have a $100k you are looking to invest? Run your calculater on a $350k home with 100k down and I am sure it will pencil for you. And if it pencils now just think what the future may hold5 - 10 years down the road. This is the time millionaires are made. Free and clear is awesome but dont pass up these other great deals.

Steve Jacobs, Realtor.