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Downtown : Real Estate Advice

  • All6
  • Local Info2
  • Home Buying4
  • Home Selling0
  • Market Conditions0

Activity 6
Michelle Tho…, Real Estate Pro in El Dorado Hills, CA
Thu Nov 29, 2012
Michelle Thompson answered:
When I'm purchasing investment property, I look at all risks and weigh all options. When purchasing my primary residence, and planning on stayting for 7 plus years, I buy the house that makes me the happiest! Life can be short so go where you are most happiest. My Financial Advisor agrees :) ... more
0 votes 7 answers Share Flag
Jessica, Home Buyer in Sacramento, CA
Sun Aug 17, 2008
Jessica asked:
I really like the units but I am worried about the distance from downtown and restaurants as well as resale. Any advice would be appreciated.
0 votes 0 Answers Share Flag
Jessica, Home Buyer in Sacramento, CA
Sun Aug 17, 2008
Jessica asked:
Ute Ferdig -…, Real Estate Pro in New Castle, DE
Sun Jun 15, 2008
Ute Ferdig - Atty. Negotiator answered:
Hi Chris. There are lots of fixers available in DT Sacramento. While we have the ability to search for properties that are advertised as "Fixers", there are also a lot of fixer properties that are not listed in the "fixer" category. Instead, they are listed as REOs. Is there a particular reason why you want to limit your search to downtown Sacramento? If you just want to browse what's available, you can go to the link below and click on the advanced search button which will allow you to search for REO listings anywhere in the Greater Sacramento area. This will give you a feel for what's available in your price range. Good luck with your search. ... more
0 votes 4 answers Share Flag
Rob McQuade, Real Estate Pro in Sacramento, CA
Tue Apr 8, 2008
Rob McQuade answered:
No doubt about it, people want to be closer to shopping, dining, entertainment, nightlife--and work. The condo conversion of 500 N has been several years in the making, and it's still the only real residential highrise ownership opportunity in Downtown Sacramento (yes, I know a couple units at Capitol Towers are privately owned). But, as Beth mentioned, there's no way around the low ceilings and slightly cramped feel.

Some other projects to consider in the Downtown & Midtown area are the L Street Lofts (pricey, but a top-notch location), 1600 H, and what I think is emerging to be a real contender in Midtown: the Sutter Brownstones. The Brownstones (www.sutterbrownstones.com) just hit the market and are priced from $370K to $590K for 1100+ to nearly 2000 square feet--very affordable compared to a lot of other options. A word of warning: there are only 28 units at the Sutter Brownstones, and though they've only been available a few days, already 5 units are in contract.

Who says the market is slow? ;-)

Rob
... more
2 votes 3 answers Share Flag
Ralph Pratt…,  in Roseville, CA
Thu Jun 21, 2007
Ralph Pratt gri, rdcpro, cmp answered:
Funny isn't it! Homes in the same area that are in the mid range of $500k-600k are sitting on the market. Some folks just have the money! It just goes to show you that the Sac Bee should stay in the "NEWS" business not the Real Estate business. I do see the high end homes moving, its the working "Joe" that can not afford a median priced home anymore. ... more
0 votes 2 answers Share Flag
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