ON THE MARKET
10 Tips for the Times
Whether buying or selling a home , here are things to know that will make the process smoother
BY Tim Collom
SHUTTERSTOCK ILLUSTRATION f there was ever a time to use the phrase “ a perfect storm ,” this would be it .
Interest rates are at a historic low , fueling homebuyers to make fast decisions . And with the Capital Region ’ s proximity to the Bay Area , there ’ s been a surge in tech workers who were either laid off or required to work from home moving here with the resources to get much more square footage .
There also are a large number of Californians — more than 100,000 per year since 2015 — leaving for other states , with the housing crisis , the high cost of living and high taxes playing a part in their decision .
A large part of choosing where to live often involves considering the liveability of the area . Is the home near restaurants and bars ? Can the kids walk to school or to the park ? But COVID-19 has caused many people to reevaluate their living space and decide if it can also function as an office or home classroom . As a longtime real estate agent in the Capital Region , I have been seeing firsthand more interest in areas such as Auburn , Folsom , Roseville , Rocklin and Lincoln , with many citing a desire for larger homes and bigger properties since more people are staying home due to the coronavirus pandemic .
22 comstocksmag . com | November 2020