Start looking now so you'll know it when you see it. I can help.
The last couple of months I am seeing prices in the Grass Valley area drop to more match what has been happening in the Auburn area. There is still quite a bit of inventory in the area, but there are some great properties at great prices. If you have lived here before you know that many properties are unique and when you find the perfect one in terms of the home and land you should buy it. If you are going to stay long term and you find the right place you probably should consider buying it, your cash is probably not making much return right now, but only you can decide that. It may take you 2 years to find the right house anyway!
The price range you are in may have a lot to do with it, as the lower end will rise sooner than the top.
If you're able, do it. Even if you live to be a 100. Life is short. .... Happy funding, Rudi
Have you spent time and how long in Grass Valley to check it out? There is a Holiday Inn Express next to my Network Real Estate office they have negotiated great rates on if you contact me before your next stay. It is walking distance to downtown Grass Valley for tons o' fun. And I can show you the wildly different areas that are all available nearby. Take your pick of the style of your Dream home area from ranches to nice older and newer subdivisions, lake homes, or log, or Victorian!
I can also help refer you to a good agent in SoCal if you would like.
Seller do like cash offers overall, so if there is a really nice place at a very low price, there will be multiple offers and cash offers tend to get picked first.
Hi, my name is Gary Tippner and I am a Short Sale and Foreclosure Certified Realtor.
My motto is "Live the Dream that is Nevada County!" Contact me anytime at callgarytoday @ gmail.com
The timing is perfect to buy, as interest rates are at their lowest and house prices are at the bottom also. We have the same problems as most places, short sales and bank forcloseures have dropped our market prices making buying the best time ever. You could never have picked a better time to make your move. I work the whole county and know it very well. I moved from So. Pasadena to Nevada City 24 years ago and would never move back again. This is home. Please send me your email address and what your wants and needs are, and I will find you the perfect (or near) home. I would love working with you.
Please e-mail me at BarbJohnson530@comcast.net
BUT, you should take your time in finding the right property. If you know the area well, then find a good Realtor to represent you, and begin searching while you are still in So Cal. Otherwise you may want to move to a rental for 6 months or so, to give yourself time to become familiar with the area and neighborhoods. If you are considering paying ALL cash, you also have a lot of leverage. Ask your agent to show you short sale and bank owned properties as with an all cash offer, you should be able to negotiate for the lowest price. Make sure you get a home inspection, and select an inspector yourself, making sure you choose one with certification.